Preliminary Payment definition

Preliminary Payment means the $500,000 paid by Investor on August 22, 2017 in cash by wire transfer of immediately available funds to an account designated in writing by the Company in accordance with the Term Sheet.

Preliminary Payment means the amount the Class Administrator determines is to be payable, as a preliminary matter, to a Settlement Class Member, pursuant to the formula set forth in Paragraphs 31-34 of the Terms of the Settlement below.

Preliminary Payment shall have the meaning set forth in Section 4.1.

Examples of Preliminary Payment in a sentence

• For example, Buyer will make a Preliminary Payment by August 25 for coal loaded between August 1 through August 15.

• If Gotspace fails to make a Host Municipality Fee or Preliminary Payment to Wallingford required hereunder within thirty (30) days following the due date provided for payment, interest at the rate set forth in CGS §12-146 shall accrue on any unpaid portion of such Host Municipality Fee or Preliminary Payment from the date such payment was due until paid, and Wallingford shall retain all rights and remedies it may have under law if any such payment remains unpaid.

• If FICC and CME each has a Cross Margin Loss that exceeds the Cross-Margining Reduction, or each has an equal Cross Margin Loss, such guaranties shall offset one another and no Preliminary Payment Obligation to either Clearing Organization is due.

• Without limitation of the generality of the foregoing, in the event Gotspace fails to make a Host Municipality Fee payment or Preliminary Payment, as applicable, within the time afforded by this section, such payments shall for an intents and purposes of this Agreement be deemed the equivalent of tax payment subject to the same precedence, collection and enforcement, including all lien rights, as afforded by Connecticut General Statutes § 12-172, as amended.

• Prior to receiving any Preliminary Payment, Qualifying Surgery payment, Mixed Orthopedic Injury payment, Final Distribution, or Permanent Disability Fund award, each Plaintiff shall represent and warrant to the Allocation Neutral that any liens or other claims identified above have been or will be satisfied by the Plaintiff.

More Definitions of Preliminary Payment

Preliminary Payment means the amount payable under Clause 4(a)(ii).

Preliminary Payment shall have the meaning ascribed thereto in Schedule 19, paragraph 1.21;

Preliminary Payment has the meaning stated in section 6.36. (oo) "Processing Plant" has the meaning stated in section 10.02.

Preliminary Payment means a payment by way of deposit defined in Clause 5 and Schedule 2;

Preliminary Payment means a lump sum cash payment equal to seventy-five percent (75%) of the Hypothetical Payment.

Preliminary Payment has the meaning set forth in Section 3.3(a) of this Agreement.

Preliminary Payment means a payment by way of deposit defined in Clause 4.1;