Interim Payment definition
Interim Payment has the meaning specified in Section 10.1.
Interim Payment means, with respect to each Loan, an amount equal to the initial Loan Amount multiplied by the percentage equal to the product of (i) the quotient derived from dividing the initial Loan Factor with respect to such Loan by 30, and (ii) the number of days from (and including) the Funding Date of such Loan to (but not including) the first Payment Date with respect to such Loan.
Interim Payment means the payment in respect of the period from and including each Drawdown Date (where the Drawdown Date is not the first Business Day of a calendar month) to and including the First Monthly Repayment Date being the amount of interest accruing at the Applicable Interest Rate on the amount drawn down for the period from the, and including the, Drawdown Date to the First Monthly Repayment Date;
Examples of Interim Payment in a sentence
The Collateral Manager shall promptly notify the Trustee of any Class A-VF Prepayment made on an Interim Payment Date and of the adjustment of the Class A-VF Advances Outstanding resulting therefrom.
More Definitions of Interim Payment
Interim Payment means any payment of the Implementation Charges made by the Purchaser to the Contractor other than the final payment scheduled under the Contract.
Interim Payment means the interim reimbursement rates to Contracting Clinics as established 11 in Paragraph VI of Exhibit B to the Agreement for services provided in accordance with the Agreement.
Interim Payment has the meaning set forth in Section 2(b)(ii) below.
Interim Payment for any Royalty Calculation Year, an amount equal to eighty percent (80%) of the Royalty Payment for such Royalty Calculation Year, as estimated in good faith by WSI on the basis of the best information reasonably available thirty (30) calendar days after the end of such Royalty Calculation Year;
Interim Payment. An Interim Payment will accrue from the date each Loan Term commences until the next following first day of a month (unless the Loan Term commences on the first day of a month). The Interim Payment will be calculated at the daily equivalent of the currently adjusted Monthly Payment.
Interim Payment means a payment to be made by Federated to Alliance with respect to all Interim Period Transferred Assets transferred to a Surviving Fund (or, in the case of Insured Account assets, as contemplated in this Agreement) during any calendar month during which there is an Interim Transfer Date, which payment shall equal the product of (a) an amount equal to the quotient of (i) Interim Period Transferred Assets transferred to a Surviving Fund (or, in the case of Insured Account assets, as contemplated in this Agreement) since the First Closing Date (in the case of the first Interim Payment) or the last Interim Transfer Date (in the case of all subsequent Interim Payments), divided by (ii) Total Alliance Fund Assets, multiplied by (b) twenty five million dollars ($25,000,000).
Interim Payment means any payments made towards the cost of the Trip between the Deposit Payment and the Balance payment