Loan Repayment Schedule Sample Clauses

Loan Repayment Schedule. 3.1 The first repayment shall be made by the Borrower to the Lender on [insert date] and subsequent payments will be made [insert time period, for example, monthly or quarterly].
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Loan Repayment Schedule. The Municipality and KDHE have agreed that interest becoming due semiannually on the Loan during the construction period for the Project may be capitalized and repaid as a part of the Loan. In this regard, KDHE shall give the Municipality written notice of each semiannual installment of interest becoming due during the construction period. At its option, the Municipality may elect to pay such amounts, and if so elected, must pay such amounts within 30 days of receipt of the notice of their becoming due. If the Municipality does not elect to pay such amounts within 30 days of receipt of such notice, the amount then due and owing as semiannual interest on the Loan shall be capitalized and added to the principal amount of the Loan and shall bear interest at the rate of interest set forth in Section 2.02 hereof.
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Loan Repayment Schedule. The Municipality and KDHE have agreed that interest becoming due semiannually on the Loan during the construction period for the Project may be capitalized and repaid as a part of the Loan. In this regard, KDHE shall give the Municipality written notice of each semiannual installment of interest becoming due during the construction period. At its option, the Municipality may elect to pay such amounts, and if so elected, must pay such amounts within 30 days of receipt of the notice of their becoming due. If the Municipality does not elect to pay such amounts within 30 days of receipt of such notice, the amount then due and owing as semiannual interest on the Loan shall be capitalized and added to the principal amount of the Loan and shall bear interest at the rate of interest set forth in Section 2.02 hereof. KANSAS PUBLIC WATER SUPPLY LOAN FUND Project Principal: 55,000,000.00 Estimated Draws - Actual Interest Rate Interest During Const.: 0.00 Amortization of Loan Costs as of 6/9/2020 Service Fee During Const.: 0.00 Loan Reserve Account: 0.00 Prepared for: Gross Loan Costs: 55,000,000.00 City of Wichita, Project No. 2979 Gross Interest Rate Allocation thru 2/1/2029 after 2/1/2029 Gross Rate: 1.48% Service Fee Rate: 1.13% 0.35% 1st Payment Date: 8/1/2025 Net Loan Interest Rate: 0.35% 1.13% Number of Payments: 40 Payment Payment Beginning Interest Principal Service Total Ending Number Date Balance Payment Payment Fee Payment Balance 1 8/1/2025 55,000,000.00 96,250.00 1,186,569.15 310,750.00 1,593,569.15 53,813,430.85 2 2/1/2026 53,813,430.85 94,173.50 1,195,349.77 304,045.88 1,593,569.15 52,618,081.08 3 8/1/2026 52,618,081.08 92,081.64 1,204,195.35 297,292.16 1,593,569.15 51,413,885.73 4 2/1/2027 51,413,885.73 89,974.30 1,213,106.40 290,488.45 1,593,569.15 50,200,779.33 5 8/1/2027 50,200,779.33 87,851.36 1,222,083.39 283,634.40 1,593,569.15 48,978,695.94 6 2/1/2028 48,978,695.94 85,712.72 1,231,126.80 276,729.63 1,593,569.15 47,747,569.14 7 8/1/2028 47,747,569.14 83,558.25 1,240,237.13 269,773.77 1,593,569.15 46,507,332.01 8 2/1/2029 46,507,332.01 81,387.83 1,249,414.89 262,766.43 1,593,569.15 45,257,917.12 9 8/1/2029 45,257,917.12 255,707.23 1,258,660.57 79,201.35 1,593,569.15 43,999,256.55 10 2/1/2030 43,999,256.55 248,595.80 1,267,974.65 76,998.70 1,593,569.15 42,731,281.90 11 8/1/2030 42,731,281.90 241,431.74 1,277,357.67 74,779.74 1,593,569.15 41,453,924.23 12 2/1/2031 41,453,924.23 234,214.67 1,286,810.11 72,544.37 1,593,569.15 40,167,114.12 13 8/1/203...
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Loan Repayment Schedule. 1. Repayment Schedule and other Conditions The Borrower shall effect the full repayment of loaned funds in accordance with Article I within a period of months. The donor agency shall issue a letter of guarantee in favor of the NDPPFA to ensure the repayment of the loan. In that letter the borrower, as part of the loan repayment commitment, assumes full responsibility for all related costs to effect payment to the designated NDPPF bank account.
Sample 1
Loan Repayment Schedule. CH Trust shall recoup the total amount of the Investment (the “ROI”) based on a 12% debt note beginning service eighteen (18) months from the date of funding, October 2011, to iMedia International. A debt service schedule has been outlined in due diligence materials provided and reported as “Exhibit A” in loan documents.
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Loan Repayment Schedule. If PCS processes a Loan, PCS will furnish an amortization and repayment schedule to the Participant, and will inform the Participating Employer by a Loan file feed of the payroll-deduction amount for the Participant’s repayment of the Loan.
Sample 1
Loan Repayment Schedule. Repayment of the principal sum together with accrued interest, shall be made in monthly installments, commencing January 1, 1995, in the amount of $3,029.90, and shall continue to be made in the amount of $3,029.90 on the first day of each month thereafter until February 1, 2000, when the payment shall increase to $3,698.44 on the first day of each month beginning in February 2000, and continuing until January 1, 2005, at which time the entire outstanding principal balance, along with interest accrued thereon until the date of payment shall become due and payable in full. Developer understands that this will be a balloon payment. The total monthly payment amount due from Developer to Lender will include the amount necessary to amortize the additional loan amount being provided by Lender of $1,699,620.00 and renegotiated at an outstanding principal balance of $1,321,913.59.
Sample 1
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Loan Repayment Schedule. The Borrower do hereby covenants with the Lender(s) to repay the Loan Amount together with interest payable in 3 installments, in the following manner: Installment Principal Amount(Rs.) Interest Amount(Rs.)* Total Amount(Rs.) 1 3334 300 3634 2 3334 300 3634 3 3334 300 3634 *Pre agreed platform service fee will be deducted before payout to lenders.
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Loan Repayment Schedule 
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Related to Loan Repayment Schedule

  • Loan Repayment Upon the terms and conditions of this Agreement, the Issuer agrees to make the Loan to the Company. The proceeds of the Loan shall be deposited with the Trustee pursuant to Section 3.3 hereof. In consideration of and in repayment of the Loan, the Company shall make, as Loan Payments, to the Trustee for the account of the Issuer, payments which correspond, as to time, and are equal in amount as of the Loan Payment Date, to the corresponding Bond Service Charges payable on the Bonds. All Loan Payments received by the Trustee shall be held and disbursed in accordance with the provisions of the Indenture and this Agreement for application to the payment of Bond Service Charges. The Company shall be entitled to a credit against the Loan Payments required to be made on any Loan Payment Date to the extent that the balance of the Bond Fund is then in excess of amounts required (a) for the payment of Bonds theretofore matured or theretofore called for redemption, or to be called for redemption pursuant to Section 6.1 hereof (b) for the payment of interest for which checks or drafts have been drawn and mailed by the Trustee or Paying Agent, and (c) to be deposited in the Bond Fund by the Indenture for use other than for the payment of Bond Service Charges due on that Loan Payment Date. Except for such interest of the Company as may hereafter arise pursuant to Section 8.2 hereof or Sections 5.06 or 5.07 of the Indenture, the Company and the Issuer each acknowledge that neither the Company, the State nor the Issuer has any interest in the Bond Fund or the Bond Purchase Fund, and any moneys deposited therein shall be in the custody of and held by the Trustee in trust for the benefit of the Holders.

  • Payment Schedule Except as provided in section 6.10 Travel, Meals and Lodging, payments will only be made based on Deliverables outlined within the Authorized User Agreement. Any invoice not related directly to a completed deliverable will be rejected. Any charge included on the invoice without backup documentation as specified in the Authorized User Agreement (travel receipts, etc.) may be removed. Any outstanding charges un-invoiced or removed from the invoice must be submitted/resubmitted within 120 Calendar days or may not be reimbursed. Each Deliverable may contain a retainage allotment as specified within the Authorized User Agreement. Each invoice is to include a detailed and itemized list of all retainage withholds that are in place since the activation of the Authorized User Agreement. Payment schedule shall be based on the final Authorized User Agreement as negotiated by the Authorized User and Contractor. Payment is only to be made after the deliverable within the Authorized User Agreement is accepted by the Authorized User. A Contractor is encouraged to submit no more than one invoice per month. Invoices must include cumulative retainage holdback. Invoices submitted to an Authorized User must include backup documentation as defined in the negotiated Authorized User Agreement.

  • Termination; Repayment The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.

  • Early Repayment The Borrower is entitled to repay the full outstanding balance on the Loan Facility account at any stage without any penalty on condition that he/she shall notify Mogo Auto at least thirty (30) days in advance of their intention. In case the loan is in USD and the repayment is done in KES, Mogo Auto will convert the outstanding amount to KES according to Foreign Exchange Rate.

  • Repayment Prepayment and Cancellation 6 REPAYMENT

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