Examples of First Installment Payment Date in a sentence
In the event that the difference between the Net Asset Value on Closing and the Purchaser Closing Balance Sheet Net Asset Value (the “True Up Amount”) is greater than zero, then the True-Up Amount shall be deducted from the First Installment or in the event the True Up Amount is greater than the First Installment, such True Up Amount shall be paid by the Sellers to the Purchaser on the First Installment Payment Date.
As discussed in Subsection 1 above, after the First Installment Payment Date, the Reorganization Company will receive support from Micron (or one or more of its subsidiaries) based on the cost plus model under the Sponsor Agreement.
Elevation has legally binding capital commitments sufficient to, and will have, on the First Installment Payment Date and the Second Installment Payment Date, respectively, sufficient funds to, pay the Installment Payment payable at such date pursuant to Section 2.2.
Debts of the Reorganization Company that are defined as Specified Common Benefit Claims under the Sponsor Agreement First Installment Payment Date A date, to be determined by the Trustees after obtaining the Court’s approval, within 3 months after the capital decrease and increase provided for in Section 2, Chapter VIII.
Each of the remaining Installments will be payable on the Company’s regularly scheduled bi- weekly paydays that occur after the First Installment Payment Date until the balance of the Separation Payment has been paid to the Executive.
In the case of shares subscribed with a qualified Instrument of Subscription, the shares shall become available to the other Members of the group to which the shares were initially allocated under sub-paragraph 2.1 of this Resolution, to the extent that the required budgetary appropriation has not been obtained and payment for the shares has not been made within one hundred and twenty (120) days after the First Installment Payment Date.
But a fiduciary does not breach its duty of loyalty by choosing to retain an investment that, in the fiduciary’s reasonable assessment, may perform well in the long term despite short-term underperformance.
Repayment of fixed amount From the First Installment Payment Date to the Seventh Installment Payment DateTo be repaid in installments as set out in the General Reorganization Claims Repayment Plan Table (Attachment 15).2.
Second Installment Payment Date ~ Seventh Installment Payment Date The last business day in each December of the 6-year period starting from the year immediately after the First Installment Payment Date (provided, however, that if the First Installment Payment Date falls in 2012, the starting year shall be 2014) (for example, if the First Installment Payment Date falls in July 2013, the Second Installment Payment Date will be the last business day in December 2014).
Under the Reorganization Plan, the amount to be reserved from the First Installment Payment as the funds for repayment of Unfixed Reorganization Claims, etc., on the First Installment Payment Date is estimated at 653,892,919 yen or more after the amendment of the Reorganization Plan on June 12, 2013, but the actual amount to be reserved will be determined before the First Installment Payment Date.