First Installment Payment definition

First Installment Payment has the meaning ascribed to it in Section 2.2(b).

First Installment Payment has the meaning set forth in Section 4.1(a)(i).

First Installment Payment has the meaning set forth in Section VI(D).

Examples of First Installment Payment in a sentence

• Upon consummation of the Senior Debt Facility and simultaneous with the payment of the First Installment Payment, Skyview hereby agrees to subordinate, in a manner deemed acceptable by the Senior Lender, its lien and security interest on the assets of Mimio and to enter into an intercreditor and subordination agreement with the Senior Lender in form and substance acceptable to the Senior Lender (the “Subordination Agreement”).

• Any injuries or damage of any nature shall be immediately reported to the maintenance coordinator’s office by calling the CRAA Communications Center at (614) 239-4029 and the Airfield Manager or his designee.

• The aggregate amount of Damages recoverable, pursuant to the provisions of this Article VII, by the Buyer Indemnitees shall be limited to the value of the First Installment Payment, and the aggregate amount of Damages recoverable by the Seller Indemnitees shall be limited to $100,000.

• If Borrower selects the Term Loan Option, the Advances chosen to continue under such Term Loan Option are payable in eight (8) equal quarterly installments of principal plus accrued interest, beginning on the First Installment Payment Date and ending on the Term Loan Maturity Date.

• THE PAYMENT SCHEDULE SHALL BE AS FOLLOWS: First Installment Payment: One quarter of the total estimated taxes discounted 6%.

More Definitions of First Installment Payment

First Installment Payment has the meaning given to such term in the Purchase Agreement.

First Installment Payment has the meaning given to that term in Section 3.06(c).

First Installment Payment shall have the meaning ascribed to it on Annex 4.”

First Installment Payment has the meaning specified in Sections 1.1 and 1.2 hereof.

First Installment Payment shall have the meaning set forth in Section 2.3.

First Installment Payment means the payment on the Promissory Note made by Borrower or Borrower's Assigns to the Lender on or before April 30, 2004, in an amount which is greater than or equal to $437,500.00"

First Installment Payment means an aggregate amount equal to (v) Three Million Two Hundred Fifty Thousand Dollars ($3,250,000) minus (w) the total amount payable for claims made (or reserved for claims made, including disputed claims) pursuant to Section 9.1 in the First Year, and either minus (x) the Final Net Working Capital Adjustment (if such adjustment is in the favor of the Parent) or plus (y) the Final Net Working Capital Adjustment (if such adjustment is in the favor of the Shareholders), minus (z) the First Installment Preferred Consideration multiplied by the Preferred Share Amount.