First Payment Period definition

First Payment Period means the period commencing on an Adjustment Date (or for the period immediately after the issuance of the Recovery Bonds, the Closing Date) through and including the next Payment Date.
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First Payment Period means any time from the date of this Deed up to and including its fifth anniversary
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First Payment Period has the meaning set forth in Section 2.8(a).
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Examples of First Payment Period in a sentence

  • Pursuant to Section 6.11(c) of the Agreement, not less than semi-annually (except in the case of the First Payment Period, which may be longer than six months), but in no event more than sixty (60) days after each Payment Date, the Servicer shall calculate the amount of Actual FRC Collections for the immediately preceding Reconciliation Period as compared to the Estimated FRC Collections forwarded to the Collection Account in respect of such Reconciliation Period.

  • Notwithstanding the foregoing, if the Payment amount calculated to be paid in the Second Payment Period exceeds the Exemption Limit, the excess amount will be paid in the First Payment Period.

  • The First Payment Period shall begin on the first pay day following the day you become entitled to the Severance Benefits under this Agreement (the “Severance Date”).

  • If final numbers increase or decrease significantly from those advised at the time of reservation, we may substitute a more appropriate room of our choice.

  • Notwithstanding the foregoing, with regard to the First Payment Period, the Option Price shall be calculated as the lesser of (i) 85% of the price per share at which the Common Stock is sold to the underwriters upon the Offering, without regard to any applicable discounts or commissions provided to such underwriters, and (ii) 85% of the average market price of the Common Stock on the last business day of the First Payment Period.

  • In no event shall the aggregate amounts paid in the First Payment Period under Section 6(a) and in the Second Payment Period under Section 6(b) exceed the Severance Benefits.

  • In no event shall the aggregate amount of Payments in the First Payment Period exceed the Severance Benefits; and provided, that in no event shall a Payment be paid under this subsection (a) after the last day of the First Payment Period.

  • We can also state this idea in a different way: the marginal willingness to pay for the last unit to be sold (which is also the maximum price that can be charged for that unit) is lower at a higher quantity.

  • Staff Training – The State’s LEO program offers free online and classroom training ranging from communications, business writing, grammar and office related topics.

  • The first Payment Period during which payroll deductions will be accumulated under this Plan shall commence immediately upon the initial offering of the Common Stock to the public (the "Offering"), and shall end on December 31, 1999 (the "First Payment Period").

Related to First Payment Period

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Payment Period means the three months following each Collection Quarter.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

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