Recognized Obligation Payment Schedule Sample Clauses

Recognized Obligation Payment Schedule. Pursuant to Section 34177 of the Health and Safety Code, not less than 90-days prior to each January 2, the Successor Agency shall prepare and approve, and submit to the Successor Agency Oversight Board and the State Department of Finance, a Recognized Obligation Payment Schedule which includes all scheduled interest, principal and sinking fund installments on the Bonds that are due and payable during the then-current Bond Year, together with any amount required to replenish the Reserve Fund.
Sample 1
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Recognized Obligation Payment Schedule. The Successor Agency shall ensure that each semi-annual Repayment Obligation Payment Schedule prepared by or for the Successor Agency shall include the maximum amount of Payment Obligations that are, or that can reasonably be expected, to become due over the course of the semi-annual period covered by such Repayment Obligation Payment Schedule. To the extent the Successor Agency is required estimate fees in respect of the Payment Obligations for purposes of complying with this Section 5.16, the Successor Agency shall assume the fees set forth in the Fee Letter and shall assume that the Liquidity Coverage Ratio Surcharge applies throughout the applicable period.
Sample 1
Recognized Obligation Payment Schedule 
Sample 1

Related to Recognized Obligation Payment Schedule

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Termination Payments In the event of termination of the Executive’s employment during the Employment Period, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this Section 8.

  • Notice of Payment of Termination Payment As soon as practicable after a liquidation, Notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to the Non-Defaulting Party. The Notice shall include a written statement explaining in reasonable detail the calculation of such amount and the sources for such calculation. The Termination Payment shall be made to the Non-Defaulting Party, as applicable, within ten (10) Business Days after such Notice is effective.

  • Consideration Payment 5.1 In consideration of the Company’s Services, the Client shall pay to the Company the Consideration to be stipulated in the Termsheet and all reasonable out of pocket expenses (if any) in accordance with the commercial terms and payment terms as detailed in the Separate Agreement.

  • Termination for Non-Payment We may terminate this Agreement with immediate effect by giving written notice to you if you fail to pay any amount due under this Agreement on the due date for payment and remain in default not less than thirty

  • Non-Payment The Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation, or (ii) within three days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) within five days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or

  • Notice of Termination Payment As soon as practicable after calculation of a Termination Payment, notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to or due from the Non-Defaulting Party. The notice shall include a written statement explaining in reasonable detail the calculation of such amount. Subject to Section 5.4(b) above, the Termination Payment shall be made by the Party that owes it within three (3) Business Days after such notice is effective.

  • Calculation of Termination Payment If an Early Termination Date has been declared, the Non-Defaulting Party shall calculate, in a commercially reasonable manner, the Termination Payment in accordance with this Section 10.3.

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