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Kos agreed to make an initial payment in late 2008 and two "lump sum" payments in 2009.
Within five days of signing closing documents, an initial payment of funds will occur, followed by additional disbursements until the final approved amount is received.
The automaker owes an initial payment of $1.9 billion to the retiree fund at the end of the month, with up to $600 million of that amount payable in stock.
§ 201.23 Borrower's initial payment.
(b Determinations of payment amount - Basic rule.
Participating in the global refunding system requires an initial payment.
Within days, he got an initial payment of a hundred thousand.
This offer expires 30 days after initial payment.
Prosecutors demanded an initial payment of 7.7bn reais.
He had been insisting on an initial payment of $5.7 billion.
Portal will receive an initial payment, with potential to earn milestone payments of up to $100 million.
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