Fourth Instalment definition

Fourth Instalment means an amount which:
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Fourth Instalment has the meaning ascribed thereto in Section 2.2(a)(iv) .
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Fourth Instalment means, the fourth instalment of the Contract Price to be paid by the Guarantor to the Seller under the Building Contract in the amount of $8,160,000 on launching of the Vessel;
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Examples of Fourth Instalment in a sentence

  • An application for an alternative arrangement other than Option 1 (full payment) or Option 2 (4 instalments) must be entered into via a Direct Debit Request.2. Payments are to be made on a regular weekly, fortnightly or monthly basis and are to be completed by the due date of the Fourth Instalment, as set by Council.

  • Fourth Instalment Maximum Consideration × (Profit Before Tax for the twenty-four month period ending 31 December 2018) ÷ RMB58,000,000 – the First Instalment – the Second Insta l ment – th e T hir d Instalment The Company shall pay the Fourth Instalment to the Vendors in proportion to their respective Sale Shares within 60 Business Days after 31 December 2018.

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  • Upon the completion of the Commissioning of the Works provided in Appendix 1B to be carried out in the Yard, the Owner’s Representative and the Contractor’s Representative shall sign the Certificate of Vessel Leaving The Yard in the form set out in Appendix 10, whereupon (subject to the payment of the Fourth Instalment in accordance with Article 15.4d)) the care, custody and control of the Vessel shall pass from the Contractor to the Owner (“Vessel Leaving The Yard”).

  • See Report and Recommendations Made by the Panel of Comm’rs Concerning the Fourth Instalment of Palestinian “Late Claims” for Damages Up to USD 100,000 (Category “C” Claims), U.N. Comp.

  • No. of Instalment Amount of Instalment Payment Date Fifth Instalment Maximum Consideration × (Profit Before Tax for the thirty month period ending 30 June 2019) ÷ RMB58,000,000 – the First Instalment – the Second Instalment – the Third Instalment – the Fourth Instalment The Company shall pay the Fifth Instalment to the Vendors in proportion to their respective Sale Shares within 60 Business Days after 30 June 2019.

  • The release of the Fourth Instalment shall be subject to certain conditions.

  • Award at para 8.6 not forthcoming, the Defendant issued a default notice on 3 August 2016 pursuant to the terms of the X Guarantee requesting that the Plaintiffs pay the Fourth Instalment.

  • Sixth Instalment Maximum Consideration × (Profit Before Tax for the thirty-six month period ending 31 December 2019) ÷ RMB58,000,000 – the First Instalment – the Second Instalment – the Third Instalment – the Fourth Instalment – the Fifth Instalment The Company shall pay the Sixth Instalment to the Vendors in proportion to their respective Sale Shares within 60 Business Days after 31 December 2019.

  • Prerequisites for payment of the Fourth Instalment of Consideration: (1) all handling fees, intermediary fees, taxes and other expenses for the of the Capital Increase and the Acquisition have been paid; (2) from the date of payment of the Third Instalment of Consideration to the date of payment of the Fourth Instalment of Consideration, there has been no event, individually or in the aggregate, that has a material adverse effect on the Target Company.


More Definitions of Fourth Instalment

Fourth Instalment means the amount to be paid at the Fourth Instalment Payment Date.
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Fourth Instalment. Has the meaning set out in Clause 2.3(d);
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Fourth Instalment means the fourth instalment of the Option as defined in subsection 2.2(d);
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Fourth Instalment as defined in Clause 4.2.5;
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Fourth Instalment means, in relation to each Shipbuilding Contract, the fourth instalment of the relevant Contract Price payable by the Lessor to the Builder under Article 2.3 of such Shipbuilding Contract and described therein as the “Fourth Instalment”;
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Fourth Instalment means the sum of $125,000;
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Related to Fourth Instalment

  • Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).

  • Instalment means with respect to each Mortgage Loan Agreement, each instalment due from the relevant Debtor thereunder and which consists of an Interest Instalment and a Principal Instalment.

  • Balloon Instalment has the meaning given in Clause 8.1;

  • Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Second Draw Period is the period commencing on the date of the occurrence of the Term B Draw Event and ending on the earlier of (i) December 31, 2015 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on the date of the occurrence of the Term B Draw Event an Event of Default has occurred and is continuing.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • FOURTH The balance, if any, to the Person or Persons entitled thereto.

  • Principal Installment means, as of any date of calculation, (i) the aggregate principal amount of Outstanding Bonds due on a certain future date, reduced by the aggregate principal amount of such Bonds which would be retired by reason of the payment when due and application in accordance with the Resolution of Sinking Fund Payments payable before such future date plus (ii) the unsatisfied balance, determined as provided in the Resolution, of any Sinking Fund Payments due on such certain future date, together with the aggregate amount of the premiums, if any, applicable on such future date upon the redemption of such Bonds by application of such Sinking Fund Payments in a principal amount equal to said unsatisfied balance.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • SIXTH above; and (iii) to the extent that any amounts available for distribution pursuant to clause "FIFTH" above are attributable to the issued but undrawn amount of outstanding Letters of Credit, such amounts shall be held by the Agent in a cash collateral account and applied (A) first, to reimburse the Issuing Lender from time to time for any drawings under such Letters of Credit and (B) then, following the expiration of all Letters of Credit, to all other obligations of the types described in clauses "FIFTH" and "SIXTH" above in the manner provided in this Section 3.15(b).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Draw Period is the period of time from the Effective Date through the earlier to occur of (a) March 31, 2012 or (b) an Event of Default.”

  • Term Advance has the meaning specified in Section 2.01(a).

  • FIFTH The Corporation is to have perpetual existence.

  • Annual Installment means the portion of the PACE loan that is due and payable for a particular year under the supplemental agreement.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).

  • Loan Advance The meaning specified in Section 2.2(a).

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

  • Loan Year means each period of twelve (12) consecutive months commencing on the Closing Date and on each anniversary thereof.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.