Two Payments Sample Clauses

The "Two Payments" clause establishes that a specified obligation or amount will be fulfilled through two separate payments rather than a single lump sum. Typically, this clause outlines the timing, amounts, and conditions for each payment, such as an initial deposit followed by a final payment upon completion of certain milestones or delivery of goods. By structuring payments in this way, the clause helps manage cash flow, incentivizes performance, and reduces risk for both parties by ensuring that payment is tied to progress or delivery.
POPULAR SAMPLE Copied 19 times
Two Payments. Tuition and fees may be paid in two equal installments. Fifty percent (50%) is due July 15 and the remaining fifty percent (50%) is due December 15. A late fee of $40.00 per month will be assessed on payments made more than 5 days late.
View SourceView Similar (2)
Two Payments. Only in the event Delivery is effected at a freight shipper (as noted below), then Distributor has the option to split payment of the Order into two payments as set forth below: 1. Fifty percent (50%) of the each Order total is due immediately upon placement of Order. 2. The remaining fifty percent (50%) of the each Order total is due before the Product is released to Distributor or Distributor’s client. All payments from Distributor to ILS hereunder shall be in United States Dollars, and can be made via cash, money order, electronic wire transfer, or credit card. Credit card processing fees are paid by the Distributor.
View SourceView Similar (2)
Two Payments. Payments may be broken down into two parts. An initial payment of 50% of your total will be due in advance of the market by May 17th. A second payment of your remaining 50% balance will be due mid-season by July 12th. If your remaining balance is not paid by July 12th, then you will forfeit the remainder of the market, and your spot will be filled. There will be no discount offered for the two-payment plan.
View Source
Two Payments. With 5-month increments, the first of which must be paid 30 days before the starting date of the lease and the second must be
View Source
Two Payments. All value of the Net Cash Settlement Amount remaining after the Waterfall Date, less any additional invoice or set aside for administrative costs, shall be distributed among Group 2, pro rata, in proportion to the Class Members’ Step One Payments.
View Source

Related to Two Payments

  • ▇▇▇▇▇▇▇▇▇ Payments The Company shall pay Executive cash benefits equal to: (1) two times Executive's Base Salary in effect on the date of the Change of Control or the Termination Date, whichever is higher; provided that if any reduction of the Base Salary has occurred, then the Base Salary on either date shall be as in effect immediately prior to such reduction, payable in regular installments at such times as would otherwise be the Company's usual payroll practice over a period of two years; and (2) the higher of: (A) two times Executive's Target Bonus in effect on the date of the Change of Control or the Termination Date, whichever is greater; or (B) two times Executive's most recent actual annual bonus, payable in either case ratably in regular installments at the same time as payments are made to Executive under Section 3(a)(1) above; provided that if any reduction of the Target Bonus has occurred, then the Target Bonus on either date shall be as in effect immediately prior to such reduction; and (3) Executive's Target Bonus (as determined in (2), above) multiplied by a fraction, the numerator of which shall equal the number of days Executive was employed by the Company in the Company fiscal year in which the Termination Date occurs and the denominator of which shall equal 365, payable as a cash lump sum within forty days after the Termination Date; and (4) in the case of a termination of employment by Executive for Good Reason, an amount equal to the severance pay specified in Article 6.A. 1. of the attached Presidents' Council Agreement (as defined in Section 8 hereof), payable according to the schedule set forth therein, determined as if Executive's employment had been terminated by ARAMARK without Cause on the Termination Date.

  • No Payments No payments shall be made between the parties or to the students in connection with this Agreement.

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

  • Interim Payments Interim payments may be made by Department, at its discretion, if the completion of deliverables to date have first been accepted in writing by Department's Grant Manager.

  • Special Payments Any payroll adjustment due an employee in the bargaining unit as a result of working out of class, re-computation of hours, or other reasons other than procedural errors shall be made and a supplemental check issued not later than fifteen (15) working days following notice to the payroll department.