Installment Payment definition

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

Installment Payment means the partial payment of court debt which is divided into portions that are made payable at different times.

Installment Payment has the meaning set forth in Section 4.02(b).

Examples of Installment Payment in a sentence

• Each Installment Payment comprises an interest component and a principal component, as set forth on “Part 2--Payment Schedule” to each Appendix.

• The LEA will not take or permit any of its officers to take any action with respect to the Agreement or the Buses which would cause the interest component of any Installment Payment payable under any Appendix to become subject to federal income taxation under the Code and will take all actions legally and reasonably within its powers necessary to ensure that the interest will not become subject to federal income taxation under the Code.

• The LEA agrees to provide written notice to CONTRACTOR of its intention to prepay not less than thirty (30) days prior to the applicable Installment Payment Date.

• Any Installment Payment or other payment required to be paid under this Agreement which is not received by the CONTRACTOR at its designated address on or before the date specified on the Payment Schedule shall be considered past due.

• Provide an Installment Payment Plan which has been filed with and approved by the Commissioner.

More Definitions of Installment Payment

Installment Payment has the meaning set forth in the Indenture.

Installment Payment. With respect to any Qualified Loan and any Due Date, any payment of principal and/or interest thereon in accordance with the amortization schedule of such Qualified Loan (after adjustment for any curtailments occurring prior to the Due Date but before adjustment to such amortization schedule by reason of any bankruptcy or similar proceeding or any moratorium or similar waiver or grace period).

Installment Payment means the total of all installment payments due and payable during the Base Term divided by the number of months in the Base Term.

Installment Payment means an annual distribution, in cash, of a Deferred Participant’s Deferred Benefit over a period of years as provided for in Sections 6.1 and 6.2.

Installment Payment has the meaning set forth in Section 3.4.

Installment Payment means a series of substantially equal annual payments of the Participant’s Account paid over a period ranging from two (2) whole years to ten (10) whole years. For purposes of this Plan, each Installment Payment is treated as a single payment.

Installment Payment means a series of substantially equal annual payments of the Participant’s Account paid over a period ranging from two (2) whole years to ten (10) whole years, as elected by the Participant, commencing as of the applicable payment date under the plan. For purposes of Section 4.5, an Installment Payment is treated as a single payment.