Cash Purchase Price Installment Payment Plan definition

Cash Purchase Price Installment Payment Plan means 60% of the Cash Purchase Price to be paid within three (3) months of the date of this Agreement; 20% of the Cash Purchase Price to be paid within six (6) months of the date of this Agreement; and 20% of the Cash Purchase Price to be paid within twelve (12) months of the date of this Agreement.

Examples of Cash Purchase Price Installment Payment Plan in a sentence

  • The Purchaser has sufficient funds to pay the Cash Purchase Price in accordance with the Cash Purchase Price Installment Payment Plan and all other amounts payable pursuant to this Agreement or otherwise necessary to consummate all the transactions contemplated hereby.

Related to Cash Purchase Price Installment Payment Plan

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Payment Amount has the meaning specified in Section 6.1.

  • Closing Payment Amount shall have the meaning set forth in Section 3.1(a).

  • Purchase Price Adjustment Escrow Amount means $3,000,000.

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • Individual Settlement Payment means the amount payable from the Net

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.