Loan Repayments definition

Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.

Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee, and (iii) any late charges incurred hereunder.

Loan Repayments means the sum of (i) the repayments of the principal amount of the Loan payable by the Borrower pursuant to Section 3.03(a) of this Loan Agreement and (ii) any late charges incurred hereunder, but shall not include the Administrative Fee.

Examples of Loan Repayments in a sentence

• The District may not take any action or permit or suffer any action to be taken if the result of the same would be to cause the Loan Repayments to be “federally guaranteed” within the meaning of Section 149(b) of the Tax Code.

• The District’s obligation to pay the Loan Repayments is a special obligation of the District limited solely to the Net Revenues and from amounts pledged by the District under Section 3.7. Under no circumstances is the District required to advance moneys derived from any source of income other than the Net Revenues and other sources specifically identified herein for the payment of the Loan Repayments, and no other funds or property of the District are liable for the payment of the Loan Repayments.

• The District may not take, or permit or suffer to be taken, any action with respect to the proceeds of the Loan Repayments which, if such action had been reasonably expected to have been taken, or had been deliberately and intentionally taken, on the Closing Date would have caused the Loan Repayments to be “arbitrage bonds” within the meaning of Section 148(a) of the Tax Code.

• If the District prepays the Loan Repayments in full, the District’s obligations under this Loan Agreement shall thereupon cease and terminate, including but not limited to the District’s obligation to pay Loan Repayments under this Section 3.5.

• If the amount of Net Revenues on deposit in the Wastewater Enterprise Fund is any time insufficient to enable the District to pay when due the Loan Repayments and the principal of and/or interest on Parity Obligations, such payments shall be made by the District on a pro rata basis.

More Definitions of Loan Repayments

Loan Repayments means the payments made or to be made by the Corporation pursuant to Section 4.02 of the Loan Agreement.

Loan Repayments means the payments payable by the Governmental Agency pursuant to Section 3.03 of this Loan Agreement, including payments payable under the Governmental Agency Bond.

Loan Repayments means the sum of (i) the principal amount of the Loan payable at the times and in the amounts set forth on Exhibit A-2 hereto under the column heading entitled “Principal”, (ii) the Administrative Fee, and (iii) any late charges incurred hereunder.

Loan Repayments means the payments payable by the Municipality pursuant to Section 2.05 of this Loan Agreement.

Loan Repayments means the amounts payable by the Borrower with respect to principal, interest, and Fixed Program Expenses pursuant to Article IV hereof.

Loan Repayments means the payments payable by the Municipality pursuant to Section

Loan Repayments means the payments payable by the Local Borrower pursuant to this Loan Agreement.