Initial Sum definition

Initial Sum is the original sum specified in this Deed; and

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Initial Sum means the amount specified in the Schedule;

Initial Sum the initial sum settled upon the Custodian Trustee by the Settlor to establish the SIMAID Fund

Examples of Initial Sum in a sentence

• The Founder desires to establish a Trust of the Initial Sum hereinafter described and all accretions and additions thereto and over the property and moneys hereinafter referred to as the Trust Fund.

• The Founder shall be granted an anti-dilution protection up to an aggregate raising of funding for the Company, commencing on the date hereof (including the Initial Sum), in any manner whatsoever, whether by way of equity investments, loans, guarantees, capital note or any other way, of a sum equal to the Investment Amount i.e. US$1,000,000.

• The Defendants shall pay the total sum of $75,000 to the Trustee (the "Initial Sum").

• We always work on a Client Fees basis; and our Service Charges are calculated as follows: • Hourly Rate@ £55 per Hour subject to an Initial Minimum of £220 • Valuation Rate @ 1% of the Initial Sum subject to a Minimum of £220 at outset only, We offer an Initial Consultation without any charge or further obligation; and thereafter will agree our costs with you before completing any chargeable work on your behalf.

• The Escrow Agent will transfer the Initial Sum to the Company according to a specific irrevocable letter of instructions to be given to the Escrow Agent as part of the Closing.

• The Initial Sum shall be due and payable within 16 days after entry of final court approving of the Settlement, unless an appeal is taken and not dismissed within 30 days thereof.

• The Initial Sum, Fitting-Out Deposit and Electricity Deposit shall be adjusted in accordance with Clause 2.2.2 of this Lease based on S$ <Value> per square metre per month.

• The Trustee hereby acknowledges receipt of the Initial Sum to constitute the Fund.

• It is likely that the Initial Sum will be paid in January 2012 when NBC receive grant funding from WNDC but no later than 30th March 2012.

• When the Initial Sum is paid Stagecoach will surrender their rights as set out above.

More Definitions of Initial Sum

Initial Sum means the amount described as such in paragraph 1 of schedule 7;

Initial Sum means the sum of $10.00paid to the Trusteeby the Settloron or before

Initial Sum the sum payable under clause 8.5 "Know-how" the chemicals and the oral and written instructions, diagrams and similar information relevant to the use of the Plant, its controlling apparatus and in order to manufacture and use of the System

Initial Sum means $10.00.

Initial Sum means the sum of $1.00 paid to the Trustee by the Settlor on or before the Commencement Date;

Initial Sum means the amount of $20 paid or to be paid by the Church to the Trustee upon or before the execution of this Deed to constitute the Trust.