Second Advance Payment definition

Second Advance Payment means the sum calculated by multiplying the total BID Levy due from each BID Levy Payer in accordance with the BID Levy Rules by 95%, in each case less the amount of the First Advance Payment for such Financial Year;
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Second Advance Payment of an amount equal to_______forty-five(45%) percent of Distributor's Estimated Final Net Billings ▇▇▇▇ ▇▇spect to such issue, less the aggregate amount of the Initial Advance Payment made by DISTRIBUTOR to PUBLISHER for such issue, the GST Advance Payment, and alf charges, allowances, discounts, other advances and other credits and reimbursements incurred or accrued to which DISTRIBUTOR shall be entitled,_________eighty (80) days after the Off-Sale Date of such issue of each Publication. If on the Second Advance Payment date of any Issue, the previous advances made by DISTRIBUTOR to PUBLISHER on that issue exceed the amount due as a result of the Second Advance Payment calculation, then DISTRIBUTOR may deduct such excess from any monies due or thereafter due PUBLISHER pursuant to this Agreement, or any other Agreement between the parties, or DISTRIBUTOR at its sole option may require PUBLISHER to pay DISTRIBUTOR for such excess within ten (10) days following DISTRIBUTOR's request thereof.
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Second Advance Payment means the amount collected from the BID Levy payers less the amount of the First Advance Payment for such Financial Year;
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Examples of Second Advance Payment in a sentence

  • In the following Financial Years the Council shall pay the BID Company the Second Advance Payment on 1st October of such Financial Years.

  • In the following Financial Years the Council shall pay the BID Company the Second Advance Payment on [30 working days and six months following the execution date or operational start date] in such Financial Years.

  • US Geothermal shall not be obligated to pay the Second Advance Payment prior to the closing of the Bridge Loan, at which point the Second Advance Payment shall be credited towards the Lump Sum Price.

  • On the DELETED day after the on-sale date, DISTRIBUTOR shall pay PUBLISHER on amount equal to DELETED of Distributor's Estimated Final Net B▇▇▇▇▇▇▇ commencing with the first issue, less the GST Advance Payment for such issue and less a reasonable reserve for discounts and allowances pursuant to paragraph 11, such reserve to be accounted for at the time of the Second Advance Payment under sub-paragraph 15(c).

  • As an incentive for Ormat to incur the expenses associated with the due diligence and other aspects of the loan transaction, US Geothermal shall pay Ormat $300,000 simultaneously with the execution of this Letter (the "First Advance Payment") and $200,000 (the "Second Advance Payment") simultaneously with the execution of the Loan Documents.