Payment of TIFIA Debt Service Sample Clauses
Payment of TIFIA Debt Service.
(i) On each Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date and prior to the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amounts set forth in respect of such Semi-Annual Payment Date on Exhibit F (TIFIA Debt Service) hereto, as the same may be revised as provided in Section 7 (Outstanding TIFIA Loan Balance and Revisions to Exhibit F and the Loan Amortization Schedule), which payments shall be made in accordance with Section 9(e) (Manner of Payment). For the avoidance of doubt, each of the Semi-Annual Payment Dates set forth in Exhibit F (TIFIA Debt Service) shall be adjusted automatically to the extent the actual first Semi-Annual Payment Date to occur on or after the Debt Service Commencement Date is earlier than the date set forth in Exhibit F (TIFIA Debt Service).
(ii) On each Semi-Annual Payment Date occurring on or after the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amount of one hundred percent (100%) of the Fixed Level Payment, which payments shall be made in accordance with Section 9(d) (Fixed Level Payment) and Section 9(e) (Manner of Payment).
Payment of TIFIA Debt Service. (i) On each Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date and prior to the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amounts set forth in respect of such Semi-Annual Payment Date on Exhibit D hereto, as the same may be revised as provided in Section 7, which payments shall be made in accordance with Section 8(e).
(ii) On each Semi-Annual Payment Date occurring on or after the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amount of one hundred percent (100%) of the Fixed Level Payment, which payments shall be made in accordance with Section 8(d) and Section 8(e).
Payment of TIFIA Debt Service.
(i) On each Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date and prior to the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amounts set forth in respect of such Semi-Annual Payment Date on Exhibit F (TIFIA Debt Service) hereto, as the same may be revised as provided in Section 7 (Outstanding TIFIA Loan Balance and Revisions to Exhibit F and the Loan Amortization Schedule), which payments shall be made in accordance with Section 9(e) (Manner of Payment).
(ii) On each Semi-Annual Payment Date occurring on or after the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amount of one hundred percent (100%) of the Fixed Level Payment, which payments shall be made in accordance with Section 9(d) (Fixed Level Payment) and Section 9(e) (Manner of Payment).
Payment of TIFIA Debt Service. On each Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amounts set forth in respect of such Semi-Annual Payment Date on Exhibit G hereto, which payments shall be made in accordance with Section 9(d).
Payment of TIFIA Debt Service. On each Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date [and prior to the Level Payment Commencement Date]34, the Borrower shall pay TIFIA Debt Service in the amounts set forth in respect of such Semi-Annual Payment Date on Exhibit G hereto, which payments shall be made in accordance with Section 9(f) [On each Semi-Annual Payment Date commencing on the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amount of one hundred percent (100%) of the Fixed Level Payment, which payments shall be made in accordance with Section 9(f).]35
Payment of TIFIA Debt Service. On each Payment Date occurring on or after the Debt Service Payment Commencement Date and on or prior to the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amount of principal and interest on the TIFIA Loan equal to the amount required pursuant to Exhibit H, as further set forth on Exhibit G hereto, which payments shall be made in accordance with Section 9(d); provided that if such Payment Date is an Interim Payment Date, the amount payable shall be as calculated in Section 9(d)(ii). To the extent that the aggregate amount of TIFIA Debt Service actually paid during any Payment Period for the TIFIA Loan in accordance with the provisions hereof shall be less than current interest for such period as provided in Exhibit H, then the unpaid portion of such TIFIA interest shall be deferred until the period commencing on the Level Payment Commencement Date and shall be part of the Outstanding TIFIA Loan Balance that is due and payable over the remaining life of the TIFIA Loan from the Level Payment Commencement Date to the Final Maturity Date. Following any such deferral, Exhibit G shall be revised on each such Payment Date in accordance with Section 7(b)(ii). On each Payment Date commencing on the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amount of 100% of the amount of principal of and interest on the TIFIA Loan due and payable as of such date as set forth on Exhibit G and Exhibit H, which payments shall be made in accordance with Section 9(d); provided that if such Payment Date is an Interim Payment Date, the amount payable shall be as calculated in Section 9(d)(ii).
Payment of TIFIA Debt Service. On each Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date, the Borrower shall pay, or cause the Trustee to pay, solely from Pledged Revenues, TIFIA Debt Service in the amounts set forth in respect of such Semi-Annual Payment Date on Exhibit G, as the same may be revised as provided in Section 7 (Outstanding TIFIA Loan Balance; Revisions to Exhibit G and Loan Amortization Schedule), which payments shall be made in accordance with Section 9(d) (Manner of Payment).
Payment of TIFIA Debt Service. (i) On each Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date [and prior to the Level Payment Commencement Date]34, the Borrower shall pay TIFIA Debt Service in the amounts set forth in respect of such Semi-Annual Payment Date on Exhibit G hereto, which payments shall be made in accordance with Section 9(f)
(ii) [On each Semi-Annual Payment Date commencing on the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service 32 While the priority of deposits and name of accounts in the flow of funds will be negotiated based on the specifics of each transaction, the priorities set out in this Section 8 reflect TIFIA’s standard provisions.