Examples of Quarterly Payments in a sentence
This will be calculated on a monthly basis and the amount will be deducted from the Quarterly Payments.
The FIRST advanced payment of XXXX AND NO/100 DOLLARS ($XXX) shall be disbursed by OHA upon execution of this Agreement, submission of a press release acknowledging OHA’s funding support and verification of issuance to media outlets, and submission of a Request for Payment on Grant to the OHA Grants Portal.2. Quarterly Payments.
The rate at which the interest portion of Quarterly Payments is calculated is not intended to exceed the maximum rate or amount of interest permitted by applicable law.
The Maximum Availability Payment for Fiscal Year y (MAPy) is payable in Quarterly Payments as provided in Section 2.3 below and subject to adjustments, positive and negative, as provided in Section 3 below.
Upon termination or expiration of this Agreement, all of the FOUNDATION’s and the BSA’s respective rights, responsibilities, and obligations as set forth herein shall terminate, provided that Sections 6 and 7 shall survive in perpetuity, and the Foundation shall be responsible for any unpaid Quarterly Payments.