Payment in Installments Sample Clauses
The Payment in Installments clause establishes that payments owed under a contract will be divided into multiple scheduled payments rather than being paid in a single lump sum. Typically, this clause outlines the number of installments, their due dates, and the amount of each payment, and may specify consequences for late or missed payments. By structuring payments over time, this clause helps manage cash flow for the paying party and reduces financial risk for both parties by clarifying expectations and obligations.
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Payment in Installments. If, pursuant to the terms of allotment or issuance of any share, all or any portion of the price thereof shall be payable in installments, every such installment shall be paid to the Company on the due date thereof by the then registered holder(s) of the share or the person(s) then entitled thereto.
Payment in Installments. Executive's annual base salary shall be paid in periodic installments in accordance with the Company's general payroll practices, after withholding for all federal, state and local taxes and required deductions.
Payment in Installments. If by the terms of allotment of any share, the whole or any part of the price thereof shall be payable in installments, every such installment shall, when due, be paid to the Company by the then registered holder(s) of the share of the person(s) entitled thereto.
Payment in Installments. The Company will pay Executive the Base Salary in periodic installments in accordance with the Company’s general payroll practices, after withholding for all Federal, state and local taxes and other required deductions. The Company will pay the Bonus within 90 days of the end of the end of each calendar year.
Payment in Installments. The Contract Price shall be paid in monthly installments in the manner set forth in Attachment A (“Progress Payments”).
Payment in Installments. If, by law, any Imposition may at the option of the taxpayer be paid in installments (whether or not interest shall accrue on the unpaid balance of such Imposition), Tenant may exercise the option to pay the same in installments and in such event, shall pay such installments as may become due during the Term as the same respectively become due and before any fine, penalty, further interest or cost may be added thereto
Payment in Installments. If Licensee elects to pay in installments, Licensor will establish an approved payment plan with Student Financial Services of up to four (4) installment payments over the course of the semester. Licensor will accept Licensee’s installment payment through the Student Financial Services office and allocate any sums received in the following manner - first to satisfy unpaid tuition; second to unpaid mandatory campus fees; third to unpaid housing fees; and finally, to unpaid dining fees. Licensees making each required installment payment by the published due date will be regarded as paying on time. However, Licensee must make all required installment payments in full as scheduled to cover the sum of their housing License Fees. Missed payments will result in the entire unpaid amount for the semester being considered a past due balance, which may be larger than the sum of a single installment payment (the missed payment) due to the allocation of payments received up to that date.
Payment in Installments. All assessments for Tax Expenses and premiums for insurance coverage which are not specifically charged to Tenant because of what Tenant has done, which can be paid by Landlord in installments without the imposition of fees, penalties or interest, shall be paid by Landlord in the maximum number of installments that are permitted by applicable Law without the imposition of fees, penalties or interest and not included as Operating Expenses, Tax Expenses or Utilities Costs except in the Expense Year in which the assessment or premium installment is actually paid; provided, however, that if the prevailing practice in Comparable Buildings is to pay such assessments or premiums on an earlier basis, and Landlord pays on such earlier basis, such assessments or premiums shall be included in Operating Expenses, Tax Expenses and Utilities Costs, as the case may be, as paid by Landlord.
Payment in Installments. All assessments and premiums which are not specifically charged to Tenant because of what Tenant has done, which can be paid by Landlord in installments without the imposition of fees, penalties or interest, shall be paid by Landlord in the maximum number of installments that are permitted by law without the imposition of fees, penalties or interest and not included as Operating Expenses except in the Expense Year in which the assessment or premium installment is actually paid; provided, however, that if the prevailing practice in buildings comparable to the Building in the Central San Diego County area is to pay such assessments or premiums on an earlier basis, and Landlord pays on such earlier basis, such assessments or premiums shall be included in Operating Expenses in the Calendar Year that such assessments or premiums are paid by Landlord.
Payment in Installments. All assessments and premiums which are not specifically charged to Tenant hereunder, which can be paid by Landlord in installments without the imposition of fees, penalties or interest, shall be paid by Landlord in the maximum number of installments that are permitted by law without the imposition of fees, penalties or interest and not included as Building Operating Expenses, Project Operating Expenses and/or Tax Expenses (as the case may be) except in the Expense Year (or Tax Expense Base Year, as the case may be) in which the assessment or premium installment is actually paid; provided, however, that if the prevailing practice in comparable first-class office buildings in the Central San Diego County area is to pay such assessments or premiums on an earlier basis, and landlord pays on such earlier basis, such assessments or premiums shall be included in Building Operating Expenses, Project Operating Expenses and/or Tax Expenses, as the case may be, in the Calendar Year that such assessments or premiums are paid by Landlord; provided further, however, that in such event, Landlord shall prorate the amount of any such assessment and/or premiums and Tenant shall only pay the amount allocable to the Lease Term.