First Installment definition

First Installment has the meaning set forth in Section 7.1.

First Installment means the amount to be paid at the First Installment Payment Date as determined by Section 2.02(d).

First Installment shall have the meaning set forth in Section 3.1(a).

Examples of First Installment in a sentence

• The deferred portion of the Purchase Price which the Purchaser is to pay to the Seller shall be paid in the Installment Amounts, commencing on the First Installment Date and continuing on the same day of each Installment Period thereafter until the Final Payment Date, at which time all outstanding principal, together with accrued and unpaid interest thereon, shall be due and payable.

• For approved projects, the disbursement schedule will be based as follows: • First Installment: 50% of approved funding will be released upon receipt of a signed Condition of Receipt of a XXXXX Xxxxx agreement.

• Buyer further acknowledges and agrees that in the event of Buyer’s default, the First Installment Note and First Deed of Trust may be assigned to Seller and Seller shall be entitled to legally enforce said instruments.

• Buyer acknowledges and accepts that as an inducement for Seller’s Authorized Lender to participate in the PUHLP, Seller has agreed to provide to the Authorized Lender as additional security for Buyer’s purchase money financing a guarantee of Buyer’s performance of Buyer’s obligations under the First Installment Note exercisable by Seller’s Authorized Lender in the event of a default by Buyer under the First Installment Note.

• By paying the First Installment to confirm your place at EF Academy, EF Academy is reserving a space for your child and may be forgoing another applicant.

More Definitions of First Installment

First Installment shall have the meaning set forth in Section 1.4(a)(i).

First Installment shall have the meaning given in Section 2.02(a)(i).

First Installment has the meaning set forth in Section 2(c)(ii). ***

First Installment means a payment totaling fifty (50) percent of the Settlement Amount, that is, three million, six hundred sixty-five thousand, three hundred seventy-five dollars ($3,665,375.00).

First Installment means (i) zero percent (0%) of this option if the Initial Vesting Date occurs before the first anniversary of the Reference Date, (ii) twenty percent (20%) of this option if the Initial Vesting Date occurs on or after the first anniversary of the Reference Date but before the second anniversary of the Reference Date, (iii) forty percent (40%) of this option if the Initial Vesting Date occurs on or after the second anniversary of the Reference Date but before the third anniversary of the Reference Date, (iv) sixty percent (60%) of this option if the Initial Vesting Date occurs on or after the third anniversary of the Reference Date but before the fourth anniversary of the Reference Date, (v) eighty percent (80%) of this option if the Initial Vesting Date occurs on or after the fourth anniversary of the Reference Date but before the fifth anniversary of the Reference Date, or (vi) one hundred percent (100%) of this option if the Initial Vesting Date occurs on or after the fifth anniversary of the Reference Date;

First Installment has the meaning set forth in Section 9(c)(i).

First Installment. Is defined in Section 5.1A.