Examples of Initial Payment in a sentence
In the case of abbreviation or extension of the Subscription Period the Initial Payment Date may be changed accordingly.
The Issue Price per Security is payable on the Initial Payment Date.
After the Initial Payment Date, the appropriate number of Securities shall be credited to the investor’s account in accordance with the rules of the corresponding Clearing System.
On the Payment Date, the Assuming Bank will pay to the Corporation, or the Corporation will pay to the Assuming Bank, as the case may be, the Initial Payment, together with interest on such amount (if the Payment Date is not the day following the day of the Bank Closing Date) from and including the day following the Bank Closing Date to and including the day preceding the Payment Date at the Settlement Interest Rate.
If the Subscription Period is shortened or extended, the Initial Payment Date may also be brought forward or postponed.