Full Payment Date definition
Examples of Full Payment Date in a sentence
If any amount shall be paid to Guarantor on account of subrogation at any time prior to the Obligations Full Payment Date, such amount shall be held by Guarantor in trust for Buyer, segregated from other funds of Guarantor, and shall, forthwith upon receipt by Guarantor, be turned over to Buyer in the exact form received by Guarantor (duly endorsed by Guarantor to Buyer, if required) to be applied against the Obligations, whether due or to become due, in such order as Buyer may determine.
On the Obligations Full Payment Date, Buyer agrees that Guarantor shall be subrogated to the rights of Buyer against Seller to the extent of Guarantor’s payments to Buyer hereunder that have not been rescinded, avoided or otherwise required to be returned.
Notwithstanding the foregoing, any amounts payable to IRGMH under this Section 15(b) shall not be paid to IRGMH until the Tranche 1/Tranche 2 Full Payment Date has occurred.
From the Effective Date until the earlier of the Full Payment Date and the Termination Date, Aura covenants to use commercially reasonable efforts to keep or cause to be kept proper books of account for its operations at the Cerro ▇▇▇▇▇▇ Project and enter into those books all dealings and transactions in relation to it's the Cerro ▇▇▇▇▇▇ Project.
Upon any such termination for Disability, Executive shall be entitled to receive any earned but unpaid compensation or expense reimbursement due hereunder through the date of termination and, in the case such termination takes place after the Full Payment Date, also the Severance Payment.
Notwithstanding the foregoing, any amounts payable to IRGMH under this Section 11(b) shall not be paid to IRGMH until the Tranche 1/Tranche 2 Full Payment Date has occurred.
Commencing upon the Full Payment Date, Employer shall provide Executive with an automobile for his exclusive use throughout the Term, including costs for gasoline, maintenance and comprehensive insurance including an “umbrella” policy.
Upon the Full Payment Date, and thereafter during the Term, Executive shall be entitled to participate in all medical, dental, life insurance and other executive benefit plans, including vacation, sick leave, retirement accounts and other executive benefits provided by Employer.
Commencing upon the Full Payment Date, Employer shall provide Employee with an automobile for his exclusive use throughout the Term, including costs for gasoline, maintenance and comprehensive insurance including an “umbrella” policy.
The balance amount of money paid by the Allottee shall, subject to second proviso below, be returned by the Owner to the Allottee within 12 (twelve) months of such cancellation or on transfer of the said Unit to any other unit acquirer.