Repayment Schedule. 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 amount of Loan proceeds authorized for disbursement and associated Capitalized Interest will be treated as the Loan principal for computing the Semiannual Loan Payment. 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 and the Loan Service Fee, 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 Corporation will deduct the Loan Service Fee and all associated interest from the first available repayments following the final amendment. Each Semiannual Loan Payment shall be in the amount of $346,285 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 principal 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 paid to, and must be received by, the Trustee beginning on October 15, 2019 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 $13,086,588, 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) Promptly following the issuance of the Borrowing Request in respect of the Term Loan, the Administrative Agent will, in consultation with the Borrower and the Lenders, prepare a repayment schedule in respect of the Term Loan (the “Repayment Schedule”). The Repayment Schedule will be prepared on the basis that:
(i) the Borrower will repay the Term Loan in instalments on each Payment Date, commencing on the first Payment Date following the third anniversary of the Funding Date (the “Term Loan Required Payments”);
(ii) the Term Loan will amortize, commencing on the first Payment Date following the third anniversary of the Funding Date until the Maturity Date, at a rate of 10% per annum, which rate shall be calculated on the basis of the aggregate amount of the Term Loan which has been advanced (excluding any amortization payments which have previously been made) as at the applicable Payment Date, and such annual repayments shall be split pro rata over each of the applicable Payment Dates.
(b) The Administrative Agent and the Borrower will agree such Repayment Schedule in respect of the Term Loan prior to the Funding Date.
(c) If any optional partial prepayment of the Term Loan is made pursuant to Section 2.05(a), or any amount of the Term Loan is prepaid as a result of a DSCR Cash Sweep Event, Guarantor Cure or Collateral Asset Disposition, such amounts shall reduce the Term Loan Required Payments pro rata (or, if the Borrower so directs in relation to any optional partial prepayment of the Term Loan pursuant to Section 2.05(a), in the manner which the Borrower directs) and the Administrative Agent will, in consultation with the Borrower, revise the repayment schedule to take into account the relevant partial prepayment and its required manner of application pursuant hereto. The Administrative Agent and the Borrower will agree such Repayment Schedule. The revised repayment schedule shall thereafter be the “Repayment Schedule” for the purposes of this 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 00 Xxxxx 0000 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 10,000,000 0 31 March 2015 11,000,000 0 30 September 2015 11,000,000 0 31 March 2016 11,000,000 0 30 September 2016 11,000,000 0 31 March 2017 12,453,367 0 30 September 2017 35,780,100 230,673,266
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.
