First Payment definition

First Payment. Has the meaning given to it in Section 3.1(a).

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First Payment shall have the meaning set forth in Section 2.1 herein.

First Payment means the first weekly unemployment insurance benefit paid to a person in the person’s benefit year.

Examples of First Payment in a sentence

After giving effect to the transaction contemplated hereunder, including payment of the First Payment, Viridian and its Subsidiaries, in each case on a consolidated basis, (a) shall be able to pay their debts as they become due, (b) shall have assets with a fair saleable value on a going concern basis greater than the amounts required to pay their consolidated debts (including a reasonable estimate of contingent liabilities) and (c) shall not have unreasonably small capital to carry on their business.
The Buyer (a) has sufficient cash to pay the First Payment on the date of Closing in accordance with Section 3.2.1 (First Payment) and (b) will have sufficient -19- cash to pay the other Consideration when such Consideration is due pursuant to Section 3.2 (Payment of Consideration).

More Definitions of First Payment

First Payment means a TV licence payment or a lump-sum payment paid in respect of a TV licence whose TV licence period is A; and

First Payment means the first part of the 1st instalment of the CONTRACT PRICE in the amount of US$1,249,000.00 (United States Dollars One Million Two Hundred Forty Nine Thousand Only) which has become due and payable and been paid by the Original Buyer to the Seller in accordance with Article II.3 (a) (i) of the Building Contract.

First Payment is defined in Section 2.4(A).

First Payment means the amount determined by the Issuer as the purchase price of a Self Funding Instalment for a Cash Applicant on a particular day.

First Payment has the meaning in clause 4.2 of this Agreement.

First Payment means $125,000,000, which shall be paid by the Purchasers on the First Purchaser Payment Date in accordance with Section 2.03(a)(i).

First Payment. First month’s Base Rent in the amount of $32,500.00, plus the Security Deposit, shall be paid upon execution of this Lease.