Maturity Schedule; Date; Interest Rates Sample Clauses

Maturity Schedule; Date; Interest Rates. The Series 2020 Bonds shall mature on April 1 in the years and principal amounts set forth below and shall bear interest payable on each Bond Payment Date, beginning on 1, 20 , at the rates set forth below. Year Principal Amount Interest Rate Year Principal Amount Interest Rate Section 3.4. Provisions Relating to Additional Bonds; Conditions for Issuance.
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Maturity Schedule; Date; Interest Rates. The Series 2018 Bond shall be payable on 1 in the years and principal amounts set forth below and shall bear interest payable on each Bond Payment Date, at the interest rate, fixed for the first [fifteen] years, of % per annum, computed on a 360-day year, 30-day month basis. [The interest rate will reset effective on the fifteenth anniversary of the closing of the Series 2018 Bond and will be calculated based on the five year US Treasury bond rate and the maximum corporate income tax rate in effect at that time. The interest rate will be equal to the tax equivalent yield of the current rate on the five year US Treasury Bond plus basis points.]
Sample 1
Maturity Schedule; Date; Interest Rates. The Series 2017B Bonds shall mature on December 1 in the years and principal amounts set forth below and shall bear interest (calculated on the basis of a 360-day year consisting of twelve 30-day months) at the interest rates per annum set forth below, payable on each Bond Payment Date: Year Principal Amount Interest Rate * Term Bonds, subject to mandatory sinking fund redemption.
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Related to Maturity Schedule; Date; Interest Rates

  • Increment Dates 1. The increment date shall be the first of the month following the month in which applicable experience accumulation is achieved.

  • Interest Rates (a) Each Base Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made until it becomes due, at a rate per annum equal to the Base Rate for such day. Such interest shall be payable for each Interest Period on the last day thereof. Any overdue principal of or interest on any Base Rate Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the rate otherwise applicable to Base Rate Loans for such day.

  • Interest Rate The LHIN may charge the HSP interest on any amount owing by the HSP at the then current interest rate charged by the Province of Ontario on accounts receivable.

  • Commitment Charge; Credit; Maturity Premium (a) The Borrower shall pay a commitment charge on the unwithdrawn amount of the Loan at the rate and on the terms specified in the Loan Agreement.

  • Date Increment Due Increments shall accrue and become due and payable on the next day following completion of required service as an employee in the class, unless otherwise provided herein.

  • Allocation of Subordinate Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Senior Reduction Amount and the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Subordinate Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Accrual Schedule The combined accrual schedule is as follows: Completion of Full-Time/pay period Part-Time 1-2 years 4.92 hours .0615 hrs/hr 3 years 5.544 hours .0693 hrs/hr 4-5 years 7.376 hours .0922 hrs/hr 6-7 years 7.696 hours .0962 hrs/hr 8-9 years 8.000 hours .1000 hrs/hr 10-11 years 8.304 hours .1038 hrs/hr 12+ years 8.92 hours .1115 hrs/hr

  • Amortization Schedule We do not provide an initial amortization schedule at the time of project agreement release but maintain a "Loan Summary Spreadsheet" on our website on the Financial Tab under "Loans". Once your loan is put into billing an amortization schedule will be posted to the same website, with a copy mailed to the Chief Financial Officer the month following project closeout.

  • Corresponding Class of Reference Tranches With respect to (i) the Class M-1 Notes, the Class M-1 Reference Tranche, (ii) the Class M-2 Notes, the Class M-2 Reference Tranche, (iii) the Class M-3A Notes, the Class M-3A Reference Tranche, (iv) the Class M-3B Notes, the Class M-3B Reference Tranche and (v) the Class B Notes, the Class B Reference Tranche.

  • Refinancing Preparation Advance; Capitalizing Front-end Fee and Interest (a) If the Loan Agreement provides for the repayment out of the proceeds of the Loan of an advance made by the Bank or the Association (“Preparation Advance”), the Bank shall, on behalf of such Loan Party, withdraw from the Loan Account on or after the Effective Date the amount required to repay the withdrawn and outstanding balance of the advance as at the date of such withdrawal from the Loan Account and to pay all accrued and unpaid charges, if any, on the advance as at such date. The Bank shall pay the amount so withdrawn to itself or the Association, as the case may be, and shall cancel the remaining unwithdrawn amount of the advance.”

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