Common use of Payment in Installments Clause in Contracts

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. If If, by the terms conditions of allotment of any shareshares, the whole or any part of the amount or issue price thereof shall be is payable in installments, by installments every such installment shall, when due, be paid to the Company by the then person who, for the time being, and from time to time shall be the registered holder(s) holder of the share of the person(s) entitled theretoshare, or his legal personal representative.