first payment

See: handsel
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Saab, a Sweden-based automaker, has received its first payment from China-based Zhejiang Youngman Lotus Automobile.
The Kuwait fund will be making the first payment due under the terms of the restructuring plan, approved by the Special Circuit Court of Appeal under the Financial Stability Law, before the month end, said a senior official.
In the meeting, Khawdam directed the fund to speed paying the rest of the first payment for the affected people, affirming the local authority's readiness to offer all facilities to succeed the fund's work and solving all problems that may face its work.
Customers who take advantage of the discount borrowing opportunity by March 31 will have the option to defer their first payment for 90 days.
According to Reuters, Varig's cargo unit, VarigLog, is ready to make an informal offer for the airline's assets if the workers fail to make the first payment.
Featured speaker Bryan Ansley, CEO of First Payment Services, explains: "Whether developing an RDC solution to aggressively capture new clients, defensively hold on to your current clients, or simply to focus upon improving internal efficiencies, more than 70% of all banks are expected to have at least one component of an RDC Solution deployed by the end of 2009.
Auto Business News-21 December 2009-GM makes first payment to US and Canada(C)2009 ENPublishing - http://www.
If no further appeals are filed, Fisher said Pennsylvania would receive $142 million as its first payment and a total of $543 million in the next eight months.
However, if substantially equal payments are modified before the close of the five-year period beginning with the first payment and after the recipient reaches age 59 1/2, then a penalty--known as a recapture tax--is imposed on payments received before age 59 1/2.
Based on the $70 million jackpot estimated for today's drawing, the first payment would be $1.
Enrollees should use the Payment Instruction Booklet before making first payment.

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