Second Installment definition
Second Installment has the meaning set forth in Section 2(c)(iii).
Second Installment means the amount to be paid at the Second Installment Payment Date as determined by Section 2.02(d).
Second Installment means $50 million of the Xcel Contribution.
Examples of Second Installment in a sentence
If Seller does not timely provide the foregoing certification, Buyer may, at its discretion, fund the Second Installment by wire transfer of immediately available funds to the Seller Account.
More Definitions of Second Installment
Second Installment has the meaning set forth in Section 9(c)(ii).
Second Installment shall have the meaning given in Section 2.02(a)(ii).
Second Installment has the meaning specified in Section 4(b)(i).
Second Installment has the meaning set forth in Section 7.1.
Second Installment shall have the meaning assigned to such term in Section 2.1(b);
Second Installment. On the Transfer Date (a) if all of the conditions related to an NHL Team set forth in (b) of this subparagraph (ii) have not been satisfied by the Transfer Date, an additional amount supported by the Base Rent and a stabilized level of Arena Tax Revenues that will be based on projections of future tax revenue that take into account long term variables such as team performance and economic conditions in a manner that will be provided in the Umbrella Agreement and Transaction Documents, up to $120145 million (less the amount paid to ArenaCo in the First Installment, which will be comprised of funds (X) first paid to the SODO Transportation Infrastructure Fund, as provideddescribed in paragraphSection 11) less the amount paid to ArenaCo in the First Installment, in an amount up to $40 million to bring the balance in the SODO Transportation Infrastructure Fund (considering deposits of Arena Revenue Taxes and Key Arena Taxes) to a total of $40 million, and (Y) then paid to ArenaCo in an amount not to exceed a total of $120 million, or (b) if by the Transfer Date an NHL Team license agreement committing the NHL Team to play its home games in the Arena has been executed, together with a non-relocation agreement as described in paragraph 17 and any other necessary agreements with the City and the County related to the NHL Team, and the NHL has acknowledged the Arena LeaseUse Agreement and the non-relocation agreement and has approved locating the NHL Team in Seattle, an amount equal to $200 million, paid to ArenaCo as provided in paragraph 9, less the amount paid to ArenaCo in the First Installment., which will be comprised of funds (X) first paid to the SODO Transportation Infrastructure Fund in an amount up to $40 million to bring the balance of the SODO Transportation Infrastructure Fund (considering deposits of Arena Tax Revenue and Key Arena Taxes) to a total of $40 million, and (Y) then the balance paid to ArenaCo.
Second Installment shall have the meaning set forth in Section 1.4(a)(ii)a).