not exercise an option to repay the loan by other means, such as cash payment or a debit transaction. If the borrower failed to repay the loan and the ...
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to the third party, only that he would have been subject to tax had the payment or transfer been made to him. It seems to me, however, that when the ...
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of a sum in the event of non-performance of a contractual obligation and payment of a sum on the happening of an event. In the latter scenario, no ...
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the terms were contingent so that the option was to be terminated only upon (1) payment of US$800,000 and (2) repayment of the loan, then no debt had ...
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is contrary to s. 347(1)(b) must be made as of the time the payment is received and depends on the amount of the overdraft, the time it is outstanding ...
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of its use, it cannot reasonably be supposed that the parties intended that no final payment had to be made if one TEK screw was not delivered. In any ...
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by letter dated 10 July 2002, in which she asked the appellant to make payment of all moneys due to her. (Page 22) 65 In various documents in which ...
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to the City that no claim has been brought against the City. ... 3.(1) Upon payment of the $200,000.00 described in paragraph 2 (a) (i) by the City, ...
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then that in addition to the “but/for” test, where the purpose of a payment is to compensate a loss of employment it may be considered as having been ...
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may be owing by the Customer to IRLY as at the date of demand for payment by IRLY or upon the date that the customer shall cease to carry on business ...
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