Initial Instalment definition

Initial Instalment means the initial instalment on the Notes to be paid by the Underwriters on the Issue Date in accordance with the Conditions and the Subscription Agreements in order to fund the purchase of the Initial Portfolio, the Retention Amount, the upfront fees and the Required Cash Reserve Amount.
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Initial Instalment means the initial instalment of the subscription price for each Class of Notes made on the Issue Date, pursuant to the Conditions and the Subscription Agreements, equal to the following amount: €28,615,007.61 for the Class A Notes; and €6,466,409.42 for the Class B Notes, provided that the Initial Instalment for each Note of each Class shall be equal to the following amount: €6,488.66 for each Class A Note; and, €7,698.11 for each Class B Note.
Sample 1
Initial Instalment means such amount of the sale-price of a house or plot as the Authority had determined or may determine and which an allottee is required to pay to the Authority before occupying such house or plot with regard to the cost of a house constructed or plot developed under any scheme of the Authority;
Sample 1

Examples of Initial Instalment in a sentence

  • The gross proceeds received from the Initial Instalment were $513 million.

  • A coupon rate of 4% is paid on the $1,540 million aggregate principal amount of the Convertible Debentures, and based on the carrying value of the Initial Instalment, this translates into an effective annual yield of 12%.

  • The Convertible Debentures were sold on an instalment basis at a price of $1,000 per Convertible Debenture, of which $333 (Initial Instalment) was paid on closing of the Debenture Offering and the remaining $667 (Final Instalment) is payable on a date (Final Instalment Date) to be fixed by the Company following satisfaction of conditions precedent to the closing of the acquisition of Avista Corporation.

  • A coupon rate of 4% was paid on the $1,540 million aggregate principal amount of the Convertible Debentures, and based on the carrying value of the Initial Instalment, this translated into an effective annual yield of 12%.

  • The Convertible Debentures were sold on an instalment basis at a price of $1,000 per Convertible Debenture, of which $333 (Initial Instalment) was paid on closing of the Debenture Offering and the remaining $667 (Final Instalment) would have been payable following the satisfaction of certain conditions precedent to the closing of the Merger.

  • All Valid Applications which the Responsible Entity is taken as having received will go towards relieving the liability of the Underwriters under this agreement to underwrite subscriptions of the Initial Instalment for the Offer Securities.

  • Upon clause 7.5 being complied with by an Underwriter, the liability of that Underwriter under this agreement with respect to underwriting subscriptions of the Initial Instalment for the Offer Securities shall cease and be extinguished.

  • If by 5:00pm on the Closing Date, Valid Applications are taken to have been received by the Responsible Entity in respect of that number of Offer Securities which if issued at the Issue Price would raise the Offer Amount, the Underwriters' liability under this agreement to underwrite subscriptions of the Initial Instalment for the Offer Securities is extinguished.

  • The Responsible Entity must comply with section 1017E of the Corporations Act in respect of the Initial Instalment received by it in respect of any Offer Security.


More Definitions of Initial Instalment

Initial Instalment means the sum of $150,000;
Sample 1
Initial Instalment means in relation to each Ship, the instalment of the Contract Price for that Ship payable by the Lessor to the Builder under clause 4 of the Novation Agreement for that Ship;
Sample 1

Related to Initial Instalment

  • 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.

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

  • 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.

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

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

  • Balloon Instalment has the meaning given in Clause 8.1;

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

  • 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).

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

  • Payable in installments means that payment is required or permitted by agreement to be made in more than four periodic payments, excluding a down payment. If any periodic payment other than the down payment under an agreement requiring or permitting two or more periodic payments is more than twice the amount of any other periodic payment excluding the down payment, a transaction is “payable in installments”.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Retail installment contract means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • Retail installment sale means every sale of one or more motor vehicles to a buyer for his use and

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Additional Amount Payment means a payment to a Holder of MuniFund Term Preferred Shares of an amount which, when taken together with the aggregate amount of Taxable Allocations made to such Holder to which such Additional Amount Payment relates, would cause such Holder’s dividends in dollars (after federal income tax consequences) from the aggregate of such Taxable Allocations and the related Additional Amount Payment to be equal to the dollar amount of the dividends that would have been received by such Holder if the amount of such aggregate Taxable Allocations would have been excludable (for federal income tax purposes) from the gross income of such Holder. Such Additional Amount Payment shall be calculated (i) without A-1 consideration being given to the time value of money; (ii) assuming that no Holder of MuniFund Term Preferred Shares is subject to the federal alternative minimum tax with respect to dividends received from the Fund; and (iii) assuming that each Taxable Allocation and each Additional Amount Payment (except to the extent such Additional Amount Payment is designated as an exempt-interest dividend under Section 852(b)(5) of the Code) would be taxable in the hands of each Holder of MuniFund Term Preferred Shares at the maximum marginal regular federal individual income tax rate applicable to ordinary income or net capital gains, as applicable, or the maximum marginal regular federal corporate income tax rate applicable to ordinary income or net capital gains, as applicable, whichever is greater, in effect at the time such Additional Amount Payment is paid.

  • Incremental Term Loan Note means a promissory note made by the Company in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form of Exhibit B-4.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.