Prepayment of Assessment Sample Clauses

Prepayment of Assessment. Owner may prepay the Assessment by paying the principal amount owing on the Assessment, plus any applicable prepayment premium, and accrued interest, less a credit for interest paid and not yet accrued, if any, all as determined by the Program Administrator in accordance with the Report. The prepayment premium will not exceed three percent (3) of the amount of the Assessment to be prepaid. Interest on the Assessment may accrue until the next available redemption date for any bonds issued pursuant to a financing relationship contemplated by the Report and related to this Contract. Such redemption date shall not exceed 185 days from the date of prepayment of the Assessment. Owner shall notify the Program Administrator in writing of Owner’s determination to prepay the Assessment at least ten (10) Business Days prior to the date Owner intends to prepay the Assessment. Assessments may only be prepaid in full.
Sample 1Sample 2
AutoNDA by SimpleDocs
Prepayment of Assessment. The City agrees the Owner may prepay some or all of the City’s Assessment Amount against the Property for the Improvements with no penalty and only with interest accrual pursuant to Minn. Stat. § 429.061.
Sample 1
Prepayment of Assessment. The City agrees the Owner may prepay all of the City’s Assessment Amount against the Property for the Improvements with no penalty and only with interest accrual pursuant to Minn. Stat. § 429.061 after 2024. A 2024 partial or full payment without accrued interest may be paid to the City within 30 days after the City Council’s approval of this Agreement.
Sample 1
Prepayment of Assessment. The City agrees the Owner may prepay some or all of the City’s Deferred Assessment Amount against the Property for the Improvements with no penalty pursuant to Minn. Stat. § 429.061. In the event the Property is sold to a third party prior to the Deferred Assessment Amount being paid in full, the Deferred Assessment Amount shall be calculated as of the date of closing on the sale using the method of calculation provided in Section 3.01(e) and must be paid in full at closing.
Sample 1

Related to Prepayment of Assessment

  • Review of assessment The assessment of the applicable percentage should be subject to annual review or earlier on the basis of a reasonable request for such a review. The process of review shall be in accordance with the procedures for assessing capacity under the Supported Wage System.

  • Self-Assessment (a) Subject to clause 4.4(b), for Services that are Self-Assessable:

  • Lodgement of Assessment Instrument (a) All assessment instruments under the conditions of this clause, including the appropriate percentage of the Australian Pay and Classification Scale to be paid to the employee, will be lodged by the Employer with the Registrar of the Australian Industrial Relations Commission.

  • Rate Redetermination for Environmental Modification In the event of a contract modification under B8.33 or partial termination under B8.34, Contracting Officer shall make an appraisal to determine for each species the difference between the appraised unit value of Included Timber remaining immediately prior to the revision and the appraised unit value of Included Timber to be cut under the modification. The appraisal shall consider the estimated cost of any construction work listed in the Schedule of Items that was performed and abandoned. Tentative Rates and Flat Rates in effect at the time of the revision will be adjusted by said differences to become Current Contract Rates. Accordingly, Base Rates shall be adjusted to correspond to the redetermined rates if redetermined rates are less than the original Base Rates, subject to a new Base Rate limitation of the cost of essential reforestation or 25 cents per hundred cubic feet or equivalent, whichever is larger. However, existing Base Indices shall not be changed under this Subsection. Redetermined rates, or differences for rates subject to B3.2, and Required Deposits shall be considered established under B3.1 for timber Scaled subsequent to the contract revision.

  • REFUND OF ANNUAL PRACTISING CERTIFICATE 23.1 Where an employee is required by law to hold an annual practising certificate in order to practise that profession or trade with the employer, the cost of the certificate shall be refunded to the employee provided that:

  • Prepayment Penalties 4. Any provisions in your consumer credit contract, loan, security, or account agreements that are determined to be inconsistent with or contradictory to these disclosures or the MLA (as they may be changed or amended from time to time) are inapplicable with regard to this loan. However, all other terms and conditions of the consumer credit contract shall remain in full force and effect.

  • Repayment of Loan 6.1.1 Upon the occurrence of either an Event of Default or a decision by Party A, in its sole discretion, to demand repayment of the Loan or any portion of the Loan, Party A may at its discretion issue a notice (Repayment Notice) to Party B requiring repayment of the Loan or any portion of the Loan and any other payment in arrears under this Agreement.

  • Prepayment Prepayment of the Notes to be prepaid pursuant to this Section 8.7 shall be at 100% of the principal amount of such Notes, together with accrued and unpaid interest on such Notes accrued to the date of prepayment but without any Make-Whole Amount. The prepayment shall be made on the Change in Control Proposed Prepayment Date, except as provided by Section 8.7(f).

Time is Money Join Law Insider Premium to draft better contracts faster.