Total Installment Payment Amount definition

Total Installment Payment Amount has the meaning set forth in Section 2.3(a) hereof.
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Examples of Total Installment Payment Amount in a sentence

  • On the date hereof, Buyer shall pay to the Seller the amount of Fifty Thousand Dollars ($50,000) (the “June Installment Payment”) by wire transfer of immediately available funds to the Seller’s Account and upon receipt of the June Installment Payment by Seller the Total Installment Payment Amount due shall be deemed satisfied and the Installment Note shall be cancelled.

Related to Total Installment Payment Amount

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the Holder Pro Rata Amount of $1,437,500 and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of each unpaid Installment Amount hereunder.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Annual Installment means the portion of the PACE loan that is due and payable for a particular year under the supplemental agreement.