Repayment Schedule. Repayments shall be made semiannually (twice per year). The Semiannual Loan Payment shall be computed based upon the principal amount of the Loan plus the estimated Loan Service Fee and the principle of level debt service. The Semiannual Loan Payment amount may be adjusted, by amendment of this Agreement, based upon revised information. After the final disbursement of Loan proceeds, the Semiannual Loan Payment shall be based upon the actual Project costs, the actual Loan Service Fee and Loan Service Fee capitalized interest, if any, and actual dates and amounts of disbursements, taking into consideration any previous payments. Actual Project costs shall be established after the Department's inspection of the completed Project and associated records. The Department will deduct the Loan Service Fee and any associated interest from the first available repayments following the Final Amendment. Each Semiannual Loan Payment shall be in the amount of $93,240 until the payment amount is adjusted by amendment. The interest and Grant Allocation Assessment portions of each Semiannual Loan Payment shall be computed, using their respective rates, on the unpaid balance of the principal amount of the Loan, which includes Capitalized Interest. Interest (at the Financing Rate) also shall be computed on the estimated Loan Service Fee. The interest and Grant Allocation Assessment on the unpaid balance shall be computed as of the due date of each Semiannual Loan Payment. Semiannual Loan Payments shall be received by the Department beginning on October 15, 2022 and semiannually thereafter on April 15 and October 15 of each year until all amounts due hereunder have been fully paid. Funds transfer shall be made by electronic means. The Semiannual Loan Payment amount is based on the total amount owed of $3,729,599, which consists of the Loan principal and the estimated Loan Service Fee.
Repayment Schedule. The Borrower shall make equal installments of
Repayment Schedule. Subject to the requirements of the Financing Agreements, the Borrower shall make equal installments of $[Payment Amount] to the Lender each [Payment Period] beginning on [First Payment Due Date]; and continuing each [Payment Period] thereafter for [Number of Payments] consecutive [Payment Periods] (each such date of payment, a “Repayment Date,” and the final Repayment Date, the “Maturity Date.”).
Repayment Schedule. Payment of all obligations arising under the Loans shall be made as set forth in the Notes and this Loan Agreement.
Repayment Schedule. The amounts to be paid by the Agency for each year under the Capital Cost and minimum operation, maintenance, power, and replacement components of the Transportation Charge, and under the variable operation, maintenance, and power component of such charge on the basis of then estimated deliveries, shall be set forth by the State in Table O as soon as designs and cost estimates have been prepared by it subsequent to receipt of requests from the Agency as to the maximum monthly delivery capability to be provided in each aqueduct reach for transport and delivery of Project Water to the Agency, pursuant to Article 17(a), which Table O shall constitute a summation of Tables I, K, M, and N; provided that each of the amounts set forth in Table O shall be subject to redetermination by the State in accordance with Article 28; provided further that the principles and procedures set forth in Articles 24, 25, and 26 shall be controlling as to such amounts. Such amounts shall be paid by the Agency in accordance with the provisions of Article 29. * Year in which State commences construction of Project Transportation Facilities. ** Year of first payment. (This table was labeled Table G in original contract provisions)
Repayment Schedule. (a) If:
(i) less than the full amount of the JBIC Commitment is disbursed under this Agreement and the remainder of the JBIC Commitment is reduced to zero or otherwise cancelled at the end of the Availability Period, then the Repayment Schedule shall be adjusted by deducting the amount of such reduction or cancellation pro rata (in line with the relevant percentage figures set out in the Repayment Schedule) from each of the Repayment Instalments; or
(ii) any portion of the JBIC Facility is prepaid in accordance with this Agreement and the Common Terms Agreement, then the Repayment Schedule shall be adjusted by deducting the amount of such prepayment from each of the Repayment Instalments either in inverse order of maturity or on a pro rata basis (in line with the relevant percentage figures set out in the Repayment Schedule), as expressly required by the Common Terms Agreement, provided that, each Repayment Instalment shall be rounded up to the nearest multiple of USD1,000 and the aggregate amount of any increases resulting from such adjustments shall be deducted from the final Repayment Instalment.
(b) If any adjustment to the Repayment Schedule is required pursuant to paragraph (a) above, the JBIC Facility Agent shall promptly (and in any event no later than ten (10) Business Days after such event) prepare and deliver to JBIC, the Borrower and the Intercreditor Agent (to forward to ADB and the Covered Lenders Facility Agent) an amended Repayment Schedule, and such amended Repayment Schedule shall replace the then-effective Repayment Schedule and, in the absence of manifest or computational error, bind the Borrower irrevocably and unconditionally to repay the Advances in accordance therewith.
(c) The JBIC Facility Agent may from time to time make any reasonable amendment to the Repayment Schedule to adjust the amount of any Repayment Instalments so as to achieve whole numbers in each case as provided in Section 7.2(a) above.
(d) Any failure by the JBIC Facility Agent to prepare or deliver an amended Repayment Schedule shall not affect the Borrower’s obligation to make any repayment in accordance with the provisions of this Agreement and the Common Terms Agreement.
Repayment Schedule. In the event I enter repayment, the award becomes a loan. If I must repay any part of or the entire loan, I will comply with the repayment schedule as provided by the Nebraska Department of Education. Repayment will be made on a monthly basis, allowing for two (2) years of payments for the total loan amount received from all loans under the Attracting Excellence to Teaching Program. Monthly payments must be received at the Department no later than the 15th day of each month. I may accelerate payments on all or any part of the loan principal plus accrued interest at any time without penalty.
Repayment Schedule. (i) Equipment The Equipment Advance shall Advance: be repaidconsisting based on an amortization schedule of 60 months, in equal consecutive monthly installments, payable on the first day of each calendar month, commencing November 1, 2002, with the entire unpaid balance due and payable on the Maturity Date
Repayment Schedule. 6.4.1 The Agent will forward to the Borrower and the Lenders with respect to Tranche A, Tranche B, Tranche C, Tranche D1 and Tranche D2 a repayment Schedule setting out in accordance with Clause 6.3 (Repayments other than First Repayment) the amount of the repayment instalments and their respective payment dates at the latest 15 days prior to the Scheduled First Repayment Date (the “Repayment Schedule”), provided that the Repayment Schedule for Tranche A for the period commencing as of (and including) the Repayment Date falling on 31 March 2009 shall be as set out in Clause 6.4.2. The Repayment Schedule will be amended pro rata by the Agent following the making of any voluntary prepayments or mandatory prepayments according to this Agreement and will be submitted to the Borrower and the Lenders upon its amendment.
6.4.2 As of (and including) the Repayment Date falling on 31 March 2009, the Repayment Schedule in relation to Tranche A shall be as follows: 31 March 2009 500,000 0 30 September 2009 500,000 0 31 March 2010 500,000 0 30 September 2010 500,000 0 31 March 2011 12,000,000 0 30 September 2011 6,000,000 0 31 March 2012 7,000,000 0 30 September 2012 15,000,000 0 31 March 2013 20,000,000 0 30 September 2013 20,000,000 0 31 March 2014 20,000,000 0 30 September 2014 20,000,000 0 31 March 2015 22,000,000 0 30 September 2015 22,000,000 0 31 March 2016 22,000,000 0 30 September 2016 22,000,000 0 31 March 2017 24,906,733 0 30 September 2017 35,780,100 164,219,900
Repayment Schedule. 4.1. The Bank shall, upon the Client’ s request, issue or send to the Client a Repayment Schedule – to the e-mail address specified by the Client or via Citadele Online Banking. The Repayment Schedule is an electronically prepared document valid without the Bank's signature. The Client shall make the payments specified in the Repayment Schedule in accordance with the timing and amounts specified therein. Information on the amount of an upcoming (current) payment shall be available to the Client via Citadele Online Banking. Failure to receive a Repayment Schedule shall not relieve the Client from the obligation of performing payments specified in the Agreement, in the amount and within the time specified.
