Upfront Payment definition

Upfront Payment has the meaning set forth in Section 8.1.
Upfront Payment has the meaning set forth in Section 4.1.
Upfront Payment shall have the meaning set forth in Section 9.1.

Examples of Upfront Payment in a sentence

  • As a Preferred Bidder, the Successful Bidder [made payment of the first installment of the Upfront Payment (defined hereafter) which is INR [amount in figures] (Indian Rupees [amount in words]) on [date] through [payment mechanism], upon which the State Government issued a letter of intent dated [date].

  • No.Event DescriptionTime16Issuance of letter of intent by State T0+90Government 17.Submission of Performance Security andT0+270mining plan along with second installment(10%) of Upfront Payment by the PreferredBidder to become Successful Bidder.

  • The Upfront Payment paid by the Successful Bidder shall be adjusted in full at the earliest against the amount to be paid under sub-rule (3) of rule 8 of Auction Rules on commencement of production of mineral.

  • Grant of mining lease: Subsequent to execution of the MDPA, the Successful Bidder shall pay the third installment of the Upfront Payment which is INR Upon such payment the State Government shall grant a mining lease to the Successful Bidder within a period of 30 days from the date of payment.


More Definitions of Upfront Payment

Upfront Payment has the meaning set forth in Section 8.1 (Upfront Payment).
Upfront Payment means, for any Exclusive License, the aggregate cash payment paid to any Group Member on or prior to the consummation of the Exclusive License (and which, for the avoidance of doubt, shall not include any royalty, earnout, milestone payment, contingent payment or any other deferred payment that may be payable thereafter.)
Upfront Payment means an amount equal to INR [●] (Rupees [●]) payable pursuant to the Auction Rules.
Upfront Payment means the payment referred to in sub-rule (1) of rule 11;
Upfront Payment shall have the meaning provided in Section 4.1(b).
Upfront Payment means an amount equal to INR (Amount in Figures) (Amount in Words) payable pursuant to the Auction Rules, 2015 and its subsequent amendments.
Upfront Payment has the meaning set forth in Section 2.6(a).