deferred payments

deferred payments

Payments to be made at some point in the future. Some leases have deferred payment provisions rather than free-rent concessions. With deferred rent payments, the tenant pays no rent for the first 3 to 12 months, but then will pay higher-than-market rent for the balance of the lease term as the tenant makes payments on the rent that accrued in the early months.

References in periodicals archive ?
Federal govt blames Sindh govt for financial delays while Sindh claims project revised on account of deferred payments
ISLAMABAD -- Saudi Arabia will begin supplying oil to Pakistan on deferred payments from this month, media reported on Monday.
ISLAMABAD -- Pakistan will start receiving oil supplies from Saudi Arabia on deferred payments this month.
Saudi Arabia to give Pakistan $3.2b oil on deferred payments from July
THE Government announced on Wednesday that $3.2 billion Saudi oil and gas facility on deferred payments would become operational from July 2019, which is likely to help relieve pressure on external sector payments.
Besides, the two countries have also decided modalities for oil supply on deferred payments from March 2019.
of oil on deferred payments, during the visit of Crown Prince, Deputy Prime Minister and Minister of Defence of the Kingdom of Saudi Arabia
of oil on deferred payments, during the visit of Crown Prince, Deputy Prime Minister and Minister of Defence of the Kingdom of Saudi Arabia Prince Mohammed bin Salman, starting on Sunday, February 17.
On Thursday, SBP governor Tariq Bajwa stated the procedure for $3 billion oil on deferred payments were finalized and the agreement will be signed on February 16th upon the visit of Saudi Crown Prince Mohammad Bin Suleman.
In these circumstances, the Saudi Arabia's package in the form of $3 billion as balance of payments support for one year and another $3 billion in deferred payments on oil imports for three years would provide crucial breathing space to the economy and help it to move forward towards recovery.
Under the terms of the deal, ImmunoPrecise Antibodies has acquired all of the issued and outstanding shares of U-Protein for EUR 6.83m (USD 8.10m), of which EUR 2,734,732 was paid in cash on closing, a total of 3,030,503 common shares of the company were issued on closing, and EUR 2,047,634 in deferred payments over a three year period.
Under the binding letter of intent, the Company and U-Protein have agreed to negotiate a definitive agreement (the Definitive Agreement) whereby the Company will acquire all of the issued and outstanding shares of U-Protein for 6,830,000 (CAD$10,108,400) (the Purchase Price), of which (A) 2,734,732 (CAD$4,047,403) will be paid in cash on closing, (B) 2,047,634 (CAD$3,030,498) will be satisfied by the issuance of approximately 3,030,498 common shares of the Company on closing, and (C) 2,047,634 (CAD$3,030,498) in deferred payments over a three year period (the Deferred Payments).

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