How is Subsequent Payment Date defined in a legal contract?
- Subsequent Payment Date means the date that follows the third installment date and also the first working day of each following quarter, which begins from the second quarter after the third installment date. Seen in 3 SEC filings.
- Subsequent Payment Date means the date that is four weeks after a series of events. These events can include approval from [organization], any transfer or payment, and the date when the subsequent transfer value is determined and verified by an actuary of the respective schemes. Seen in 3 SEC filings.
- Subsequent Payment Date means it is the payment deadline that falls a month after a month during which there was less payment than the outstanding balance, or when further transactions were made against the credit limit. Seen in 2 SEC filings.
- Subsequent Payment Date means any date after the initial payment date on which a distribution to the holders of acknowledged claims is made according to [clause] of the plan. Seen in 2 SEC filings.
- Subsequent Payment Date means the date on which a part of the holdback amount is to be paid. Seen in 1 SEC filing.
- Subsequent Payment Date means any date after the initial payment date set by the disbursing agent under the direction of the committee and on which the disbursing agent makes a distribution. Seen in 1 SEC filing.
- Subsequent Payment Date means the earlier date either when the equityholders have arranged for the sale of the subsequent consideration shares or when parent has cash in excess of the parent's cash requirements according to the parent's operating budget for the succeeding twelve months. Seen in 1 SEC filing.
- Subsequent Payment Date means the first June 30 that comes after the first payment date and each June 30 thereafter until the final date. Seen in 1 SEC filing.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Subsequent Payment Date means the specified date following the initial payment, on which an event, transaction, or payment is scheduled to occur.
Relevant Contract Types
Relevant Circumstances
- Long-term financial transactions
- Recurring payments
- Schedule of debt repayment
Relevant Sectors
Genie Definition 2
- Subsequent Payment Date means the first date following the initial one where distributions are made to hold claimants, guided by [governing clause].
Relevant Contract Types
Relevant Circumstances
- Settlement of disputes
- Debt repayments
- Divorce settlements
Relevant Sectors
Genie Definition 3
- Subsequent Payment Date means a recurring annual date, such as June 30th, set after the initial transaction.
Relevant Contract Types
Relevant Circumstances
- Regular service payments
- Subscription renewals
Relevant Sectors
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Subsequent Payment Date means the specified date following the initial payment, on which an event, transaction, or payment is scheduled to occur.
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