Preliminary Payment definition
Examples of Preliminary Payment in a sentence
For example, Buyer will make a Preliminary Payment by August 25 for coal loaded between August 1 through August 15.
For example, Buyer will make a Preliminary Payment by August 25 for coal unloaded between August 1 through August 15.
A Preliminary Payment takes the Insured’s reported production without grade loss and adds 20 percent to it to mitigate the risk of overpayments.
All of the information set forth in (x) the Preliminary Payment Allocation Schedule is true and correct as of the date hereof and (y) the Final Payment Allocation Schedule is true and correct as of the Closing Date.
Each Shareholder owns that number of Shares set forth opposite such Shareholder’s name on the Preliminary Payment Allocation Schedule as of the date hereof and the Final Payment Allocation Schedule as of the Closing Date.