Initial Payment Clause Samples
The Initial Payment clause defines the requirement for an upfront payment that must be made at the start of a contractual relationship. Typically, this clause specifies the amount due, the deadline for payment, and the acceptable methods of payment, such as bank transfer or check. By establishing clear terms for the initial financial commitment, this clause ensures both parties understand when and how the first payment is to be made, thereby reducing the risk of misunderstandings or delays at the outset of the agreement.
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Initial Payment. Interconnection Customer shall elect (and provide its election to the Transmission Provider within five days of the commencement of negotiation of the GIA pursuant to Section 11.2 of the GIP) to make either 1) an initial payment equal to twenty
Initial Payment. TENANT shall pay the first month rent of $ and the security deposit in the amount of $ for a total of $ . Said payment shall be made in the form of cash or cashier's check and is all due prior to occupancy.
Initial Payment. As a condition of the occurrence of the Effective Date, the Company shall make an initial payment which shall be comprised of the sum of (i) the Company’s good faith estimate regarding the amount due under § 3.2 hereof attributable to the initial partial calendar quarter to occur within the Term and (ii) the Company’s good faith estimate regarding the amount due under § 3.2 hereof attributable to the first full calendar quarter to occur within the Term (such sum, an “Initial Payment”).
Initial Payment. Prior to the execution of the Interconnection Requirements Amendment, Seller shall pay to Company $____,000.00.
Initial Payment. The Initial Payment made to Owner upon execution of this Agreement satisfies the advance minimum royalty (AMR) payment obligation for the first year of the Agreement.
Initial Payment. Licensee shall pay, immediately upon executing this Agreement, an amount equal to the License Fee for the first three months of the Term of this Agreement ($1,101,477.00), the Security Deposit ($413,240.69), and the Parking Fees (as defined below) associated with Licensee’s Parking Spaces (as defined below). As such, Licensee shall pay a total of $1,514,717.69, plus the aforementioned Parking Fees, as of the execution of this Agreement.
Initial Payment. An initial payment of « Zero » ($ « 0 » ) shall be made upon execution of this Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner’s account in the final invoice.
Initial Payment. For upgrades that the Transmission Owner has elected to self-fund, the Interconnection Customer is responsible for making the initial payment for the total cost of Network Upgrades or Transmission Owner’s System Protection Facilities in the form of security pursuant to Article 11.
Initial Payment. An initial payment of « » ($ « » ) shall be made upon execution of this Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner’s account in the final invoice.
Initial Payment. The Obligor with respect to each Receivable has made at least one scheduled payment.