Last Installment definition

Last Installment means a payment totaling fifty (50) percent of the Settlement Amount, that is, three million, six hundred sixty-five thousand, three hundred seventy-five dollars ($3,665,375.00).
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Last Installment means the last installment in the amount equal to fifteen (15)% of the Initial Sublease Fee to be payable by the Sublessee to KMIC in accordance with the Installment Schedule.
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Examples of Last Installment in a sentence

  • No. 2Name of workman 3Father’s/Husband's Name 4Designation/nature of employment 5Particulars of damage or loss 6Date of damage/loss 7Date of recovery 8Whether workman showed cause against deductions 9Name of person in whose presence employees explanation was heard 10Amount of deduction Imposed 11No. of installment 12First Installment Last Installment 13Remarks .

  • First 26 Installment of ₹ 9.32 lacs each and Last Installment of ₹ 7.62 lacs.

  • If the audited account of the Target Group for the year 2015 is issued before the date of payment of the Last Installment and the 2015 Guaranteed Profit is not fulfilled, the Last Installment shall be adjusted downward by the 2015 Adjustment Amount.

  • Based on the audited financial statements of the Target issued by PRC auditor, the Actual Profit was not less than RMB3,000,000 and thus no adjustment was required to be made to the Last Installment.

  • From Scheme (from where you wish to transfer) To Scheme (to where you wish to transfer) Frequency (Please ) Scheme Scheme Weekly M M Y Y Y Y (1st business day of each week) Monthly* Plan Option Quarterly STP Date ( ) 3rd Option 10th 15th* 20th 25th (*Default Option) M M Y Y Y Y Period of Enrollment Transfer Amount No. of Installments From (1st Installment) Rs. Total Transfer (Rs.) To (Last Installment) Rs. (in words) >.

  • The amount of the installment payable on the Last Installment Date shall be equal to the balance of the principal sum then outstanding, together with all interest accrued thereon.

  • There is no Overdue interest and principal exist as on 31-03-20153146246Term loan are secured by hypothecation on Office Premises and personal guarantee of director.b)Repayble in Monyhly 60 equal installments, Last Installment falling due 31st March 2018, Interest Rate 16.40%.

  • Term loans from banks include term loan of₹ 96,23,575/-(Balance Outstanding) which carries interest base rate +3.50% p.a.and is repayable in 8 equal quarterly installments of ₹ 75 lacs from june, 2014, and Last Installment of ₹ 50 lacs.

  • The Sublessee shall complete the first stage of the factory construction within the Subject Lot, as set out in the Approvals on the factory construction to be obtained by the Sublessee, within three (3) years from the Last Installment Due Date.

  • Within 5 working days after the payment of Last Installment to Nanjing High Accurate by Fullshare Dazu Technology and Jiangsu Lipu, Nanjing High Accurate shall release the Pledges.

Related to Last Installment

  • 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.

  • Installment Date as defined in Section 2.12.

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

  • Installment Due Date means, for any monthly installment of interest only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note. The "First Installment Due Date" under this Note is October 1, 2007.

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

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Installment as defined in Section 2.12.

  • 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).

  • Prepaid Installment With respect to any Mortgage Loan, any installment of principal thereof and interest thereon received prior to the scheduled due date for such installment, intended by the Mortgagor as an early payment thereof and not as a Prepayment with respect to such Mortgage Loan.

  • 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”.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

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

  • Installment seller or "seller" means a person engaged in the business of selling, offering for sale, hiring, or leasing motor vehicles under installment sale contracts or a legal successor in interest to that person. As used in this subdivision, "business" does not include an isolated sale.

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

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

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

  • Scheduled Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, the scheduled due date of any payment of principal on such Notes, as specified in the related Indenture Supplement, or if such day is not a Business Day, the next following Business Day, unless such day is in the next calendar month, in which case such Scheduled Principal Payment Date, unless otherwise specified in the related Indenture Supplement, will be the last Business Day of the current calendar month.

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

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

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

  • Average Life Date means, for each Equipment Note to be redeemed, the date which follows the redemption date by a period equal to the Remaining Weighted Average Life at the redemption date of such Equipment Note. “Remaining Weighted Average Life” of an Equipment Note, at the redemption date of such Equipment Note, means the number of days equal to the quotient obtained by dividing: (i) the sum of the products obtained by multiplying (A) the amount of each then remaining installment of principal, including the payment due on the maturity date of such Equipment Note, by (B) the number of days from and including the redemption date to but excluding the scheduled Payment Date of such principal installment by (ii) the then unpaid principal amount of such Equipment Note.