Future Payment definition

Future Payment means a Payment, other than a Recurring Payment, that will be initiated on a future business day depending on your selection of the Transmit Date.

Future Payment has the meaning set forth in Section 2.8(a).

Future Payment means any amounts required to be released to the Company Indemnitors from the Escrow Fund, the Expense Reserve or the Grant Repayment Amount or paid to the Company Indemnitees pursuant to Section 9.3 or Section 9.4(i).

Examples of Future Payment in a sentence

• You may schedule a payment to be initiated on any future Business Day (a "Future Payment").

• For example, if you enter a Future Payment that results in a Transmit Date of August 5th, and August 5th is a Saturday, then the Transmit Date for that Future Payment would be rescheduled on August 7th (provided that August 7th is a business day).

• If the Transmit Date for a Future Payment falls on a day other than a business day or on a day that does not exist (e.g., February 30), then the Transmit Date for the Future Payment will be rescheduled on the next following business day.

• This is the case regardless of whether the payment is a Same Day Payment, a Future Payment, or a Recurring Payment.

• This applies regardless of whether the Payment is a Same Day Payment, a Future Payment, or a Recurring Payment (if applicable), all as described herein.

More Definitions of Future Payment

Future Payment means the Escrow Payment, Net Milestone Payments, the Closing Adjustment Surplus and the Representative Account Payment.

Future Payment means each of (a) any Escrow Payment and (b) the Adjustment Excess Payment, if any, in each case, to the extent required to be made to Seller pursuant to the provisions of this Agreement or the Escrow Agreement.

Future Payment. Spreadsheet Shall mean a spreadsheet, prepared and executed by Seller and dated as of a date no later than three Business Days prior to the date of payment of the Future Payment to which such spreadsheet relates, setting forth, for Seller (or successor thereto): (a) the name, mailing address, and, where available, tax domicile (if different from the mailing address) and taxpayer identification numbers for Seller; (b) (1) the Future Payment payable to Seller and (2) whether any Taxes are required to be withheld by Purchaser from such amounts; and (c) wire transfer instructions for such wire transfer. German GAAP Shall mean accounting practice generally accepted in Germany. Governmental Authority Shall mean any court, tribunal, governmental authority, governmental body or other regulatory or administrative authority, agency or commission of any government of any country or any private or governmental arbitration or conciliation authority or similar body, and any body exercising, or entitled to exercise, any administrative, executive, judicial or legislative authority or power of any nature. Indemnitors Shall have the meaning set forth in Section 6.3(a).

Future Payment means USD two million (USD 2,000,000) as adjusted pursuant to Clause 5 and Clause 6.5;

Future Payment means any payment to Sundance by a customer, including DRCI, that results from a Sundance invoice dated after July 31, 2006.

Future Payment shall have the meaning ascribed to such term in Section 2.04(a)(ii).

Future Payment shall have the meaning ascribed to such term in Section 2.04(a)(ii).