Interim Payment Dates Sample Clauses

Interim Payment Dates. On each Interim Payment Date, the Indenture Trustee shall allocate and pay or deposit (as specified below) all Available Funds held in the Collection and Funding Account as set forth below, in the following order of priority and in the amounts set forth in the Interim Payment Date Report for such Interim Payment Date:
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Interim Payment Dates. (a) On each Interim Payment Date relating to an MSR VFN, the Indenture Trustee shall allocate and pay or deposit (as specified below) all Servicing Spread Available Funds held in the Servicing Spread Available Funds Subaccount of the Collection and Funding Account as set forth below, in the following order of priority and in the amounts set forth in the Interim Payment Date Report for such Interim Payment Date:
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Interim Payment Dates. Notwithstanding anything to the contrary contained herein, the Borrower may designate a Payment Date (an “Interim Payment Date”) by giving written notice to the Administrative Agent, the Facility Servicer and the Initial Lender at least five Business Days prior thereto so long as (i) such proposed Interim Payment Date is a Business Day, (ii) a Payment Date (as defined in clause (a) of the definition thereof) will not occur within five days after such proposed Payment Date, (iii) no Event of Default has occurred and is continuing and (iv) after giving effect to such Interim Payment Date, there shall be sufficient amounts on deposit in the Secured Accounts to satisfy on the next scheduled Payment Date all accrued and unpaid interest, Utilization Fees and Unused Commitment Fees and invoiced expenses payable by the Borrower as of the such date, as reasonably determined in good faith by the Borrower, which determination may take into account Scheduled Payments on Loan Assets to be deposited in the Collection Accounts prior to such next scheduled Payment Date. The Borrower may not designate more than two Payment Dates pursuant to this Section 2.08(f) during the period from one Payment Date to the next occurring Payment Date (in each case, as defined in clause (a) of the definition thereof).
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Related to Interim Payment Dates

  • Payment Dates Interest accrued on each Loan shall be payable, without duplication:

  • Payment Due Dates Notwithstanding the provisions of Sections II and III above, payment due date shall be at least invoice date plus 30 days. If the County is late in issuing an invoice, the contracting entity would always have at least invoice date plus 30 days to pay. If the County is early in issuing an invoice, the contracting entity would still have a payment due date of either 60 days after the beginning of the quarter (quarterly invoices) or 30 days after the beginning of the service month (monthly invoices).

  • Interest Rates and Payment Dates (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable Margin.

  • Payment Date An amount calculated as being due in respect of any Early Termination Date under Section 6(e) will be payable on the day that notice of the amount payable is effective (in the case of an Early Termination Date which is designated or occurs as a result of an Event of Default) and on the day which is two Local Business Days after the day on which notice of the amount payable is effective (in the case of an Early Termination Date which is designated as a result of a Termination Event). Such amount will be paid together with (to the extent permitted under applicable law) interest thereon (before as well as after judgment) in the Termination Currency, from (and including) the relevant Early Termination Date to (but excluding) the date such amount is paid, at the Applicable Rate. Such interest will be calculated on the basis of daily compounding and the actual number of days elapsed.

  • Interest Payment Dates Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and on the Termination Date; provided that (i) interest accrued pursuant to Section 3.02(c) shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than an optional prepayment of an ABR Loan prior to the Termination Date), accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment, and (iii) in the event of any conversion of any Eurodollar Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

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