Examples of First Payment in a sentence
The Purchasers’ interest in the Revenue Interests shall vest immediately upon the Company’s receipt of payment of the First Payment pursuant to Section 2.03, subject to the termination provisions of Section 6.01.
Fixed Interest Amount(s): EUR 10.63 per Calculation Amount on each Interest Payment Dates except on 10 January 2024 (the First Payment Date).
In the case of termination for default by the Authority, an amount equal to the prorated pre-paid compensation for the period from the effective date of the termination to the end of the First Payment Period or Second Payment Period, as applicable, shall be made by the Authority to the Municipality within 30 calendar days of the effective date of the termination.
It is the intention of the parties hereto that the Company shall pay Reimbursable Expenses directly; provided that, at the discretion of the Purchasers, Reimbursable Expenses may be deducted from the Purchaser Payments to the extent invoiced at least two (2) Business Days (or one (1) Business Day in the case of the First Payment) prior to such Purchaser Payment.
Broken Amount(s): EUR 7.56 per Calculation Amount on 10 January 2024 (the First Payment Date).