Module Expiry Date. [#Insert for a Deal Module with a Deferred Charge (including a combination of Deferred Charge and Upfront Charge] The date that is the earlier of: • the third anniversary of the Module Commencement Date; and • the Repayment Date. Repayment Date means the first date on which all of the following events have occurred in respect of this Deal Module: (i) where this Deal Module provides for a Deferred Charge, the sum of the following amounts is equal to or exceeds the total Deferred Charge: A. all Revenue Credit Amounts; plus B. the Deferred Charge Payment paid to nbn; plus C. any Early Charge Payment paid to nbn; (ii) where this Deal Module provides for an Upfront Charge, the RSP has paid all Instalments; and (iii) the Date of Practical Completion has occurred for all Premises under this Deal Module (other than those Premises for which the Technology Change has been cancelled). For example: if the Module Commencement Date is 1 September 2022, the latest possible Module Expiry Date will be 1 September 2025. [#Insert for a Deal Module with only an Upfront Charge] The date that is the later of the: (i) last Date of Practical Completion for all the Premises; and (ii) date the Upfront Charge is fully paid to nbn.
Module Expiry Date. The date that is the later of the:(i) last Date of Practical Completion for all the Premises; and(ii) date the Upfront Charge is fully paid to nbn.
