final payment - the final payment of a debt How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
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final payment |
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The Western Water Features construction firm alleges that Palmdale has not made a final payment and is subject to a statutory penalty of 2 percent per month on the amount withheld since May 2006 when the project was deemed complete. Payments thereafter fall due in the summer of 2006 and 2007, with the final payment in January 2008. According to the terms, in exchange for control of the Defender and weekly newspapers published in Memphis, Detroit, and Pittsburgh, Real Times will immediately pay $3 million in cash, an additional $3 million plus 12% interest over five years, and a final payment of at least $2. |
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