Payment Instalments definition
Examples of Payment Instalments in a sentence
It is understood by the Parties that for one or more Payment Instalments are paid to the Contractor in a precpayment fashion in that it embodies also a portion representing the value of one or more Deliverable still to be realized by the Contractor as better detailed in the Deliverables and Payment Schedule, nonetheless no interest at all shall accrue in favour of the Client on any such prepaid portions.
Upon the receipt of Landlord’s consent to the assignment of the Longmont Lease, Seller shall promptly assign, transfer, convey and deliver the consent to Buyer, and Buyer shall assume all Liabilities under the Longmont Lease from and after the date of assignment to Buyer pursuant to the Lease Assignment Agreement.
The Customer may at any time, without notice to the Supplier, set off any liability of Supplier to Customer against any Payment Instalments, whether either liability is present or future, liquidated or unliquidated, and whether or not either liability arises under this agreement.