Initial Installment definition

Initial Installment has the meaning set forth in Section 19(d) hereof.]

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Initial Installment means $[55,000], being the initial advance of the Funding Loan by the Initial Funding Lender pursuant to Section 2.01 hereof.

Initial Installment. The excess of the Purchase Price over the Discount.

Examples of Initial Installment in a sentence

• If the Covered Fund Value exceeds the Benefit Base on the Initial Installment Date, then the Covered Fund Value will become the Benefit Base and the ▇▇▇ will be based on that amount.

• The ▇▇▇ is calculated by multiplying the Benefit Base by the ▇▇▇ percentage (▇▇▇%), based on the age of the Covered Person(s) on the Initial Installment Date.

• On the EBO Date, Lessee shall have the option, upon at least ninety (90) days' irrevocable prior notice to Lessor and, if any Secured Certificates are then outstanding, the Indenture Trustee, to purchase the Aircraft on such date for a purchase price equal to [, at Lessee's option, either (a)] the Special Purchase Price [, or (b) the amount set forth under the heading "Initial Installment" on Exhibit B (the "Initial Installment") (payable on the EBO Date) plus the Remaining Installments].

• Installment Frequency Options are as follows: • Annual - the ▇▇▇ will be paid on the Initial Installment Date and each anniversary annually thereafter.

• Age at Initial Installment Date: 60 Attained Age: 70 Covered Fund Value = $120,000 Current Benefit Base = $125,000 Current ▇▇▇% before Ratchet Date: 4% Attained Age ▇▇▇% after Ratchet Date: 6% (Current ▇▇▇%) x (Current Benefit Base) = 4% x $125,000 = $5,000 (Attained Age ▇▇▇%) x (Covered Fund Value) = 6% x $120,000 = $7,200 Because the new ▇▇▇ ($7,200) is greater than the current ▇▇▇ ($5,000), there is a Reset.

More Definitions of Initial Installment

Initial Installment has the meaning given to that term in Section 6.5 of this Agreement.

Initial Installment means the amount stipulated in Section 1.1(h), equal to one monthly installment of the initial Base Rental, which has been paid by Tenant to Landlord under the provisions of Section 3.5;

Initial Installment has the meaning set forth in Section 19(d) of the Lease.

Initial Installment has the meaning given to it in Section 2.1(a).

Initial Installment. The excess of the Trade Principal over the Discount.

Initial Installment is defined in Section 2.1.

Initial Installment means Five Hundred Thousand Canadian Dollars (Cdn. $500,000) to be paid to Alya by [PURCHASER 5] at the Closing, as part of the Purchase Price.