Repayment Schedules Sample Clauses

Repayment Schedules. (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 Term 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 Funding Date (the “Term Loan Required Payments”); (ii) the Term Loan will amortize, commencing on 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) Upon the Maturity Date, the Borrower shall repay to the Administrative Agent for the ratable account of the Revolving Lenders the aggregate principal amount of all Revolving Loans and Swingline Loans (together with any accrued but unpaid interest thereon) outstanding on such date. (d) 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, 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.
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Repayment Schedules. 2.8.1 Each ECA Loan shall be repaid on a quarterly instalment basis, one on each ECA Repayment Date for that ECA Loan, in the amounts specified in Schedule 1 to the ECA Loan Agreement for that ECA Loan, with the final repayment being due on the Final ECA Repayment Date for that ECA Loan. 2.8.2 The amounts of the repayment instalments shown in Schedule 1 to the ECA Loan Agreement for an ECA Loan shall be calculated on a mortgage style basis applying the Relevant Rate plus the ECA Margin for that ECA Loan.
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Repayment Schedules. The Borrower shall repay each Tranche on the Repayment Dates and in the amounts set forth in the repayment schedules attached hereto as Schedule 6.
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Repayment Schedules. Income contingent repayment schedules shall be established by regulations promul- gated by the Secretary and shall require pay- ments that vary in relation to the appropriate portion of the annual income of the borrower (and the borrower’s spouse, if applicable) as determined by the Secretary.
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Repayment Schedules. 3.6.1 Each Advance: (a) shall be repaid in up to 144 monthly instalments, one on each Repayment Date. Each such instalment shall be in an amount set opposite such Repayment Date in column 3 of Schedule 2 of the relevant Loan Supplement so as to reduce the outstanding balances of the Advance to the amount set opposite such Repayment Date in column 3 of Schedule 2 of the Loan Supplement and shall in any event repay the outstanding balance in full on the Final Repayment Date of such Advance; and (b) shall be repaid in the same currency as that in which the Advance is made. 3.6.2 The repayment profiles shown in schedule 2 to the Loan Supplement shall be calculated on a "mortgage style" basis applying the Relevant Rate for the relevant Advance and as follows: (a) if the Utilisation Date is a Reference Date, the schedule will provide for repayments of principal, the first of which will be due on the first Reference Date after the Utilisation Date with the remainder due at monthly intervals thereafter; and (b) if the Utilisation Date is not a Reference Date, the schedule will provide for repayments of principal the first of which will be due on the second Reference Date after the Utilisation Date; and (c) the final Repayment Date (prior to any application of the proviso in the definition of such terms set forth in Appendix X) shall be no later than the twelfth (12th) anniversary of the relevant Utilisation Date or, in respect of a Refinanced Aircraft or Aircraft referred to in paragraph (c) of the definition of Delivery Date, the twelfth (12th) anniversary of the Delivery Date for such Aircraft (FINAL REPAYMENT DATE).
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Repayment Schedules. 3.6.1 Each Advance: (a) shall be divided into two tranches, of which the first tranche ("TRANCHE A") shall be sixty-two point five per cent. of the Aircraft Purchase Price and the second tranche ("TRANCHE B") shall be twenty-two point five per cent. of the Aircraft Purchase Price; and (b) shall amortise as shown in column (5) in Schedule 4 Part II so that the amount outstanding in respect of the Advance (expressed as a percentage of the Aircraft Purchase Price) from time to time is (i) on the Delivery Date of the relevant Aircraft or on a Repayment Date, the percentage shown opposite the Delivery Date or the relevant Repayment Date number in column (5) in Schedule 4 Part II and (ii) in the case of any date other than the Delivery Date or a Repayment Date, the amount (expressed as a percentage of the Aircraft Purchase Price) shown opposite the Repayment Date number immediately preceding such date in column (1) or, in the case of any date preceding the first Repayment Date, the amount (expressed as a percentage of the Aircraft Purchase Price) specified opposite the Delivery Date. 3.6.2 The contents of Schedule 4 are provided for illustration purposes only and are not intended to represent the initial amounts, or the amortisation, of any particular Advance. The repayment profile of each Advance shall be as provided for in the relevant Loan Supplement. 3.6.3 The repayment profiles shown in schedule 2 of the Loan Supplement shall be calculated on the basis of twenty equal repayments of principal on a semi-annual basis (except for the first repayment of principal) together with interest calculated on the relevant Loan outstanding on the relevant Repayment Date at the Contractual Rate. 3.6.4 Each Repayment Instalment and the principal and interest amounts thereof determined in accordance with Clause 3.6 and set out in schedule 2 to the relevant Loan Supplement will be calculated on the assumption that (a) the Utilisation Date will occur on the date specified in the relevant Loan Supplement, (b) the interest rate for the relevant Loan is the rate per annum specified in the Loan Supplement and (c) the total amount of the relevant Loan to be made available to the Borrower on the Utilisation Date will be the Advance. If any such assumption proves to be incorrect, the Agent shall prepare a substitute schedule 2 to the relevant Loan Supplement to replace the existing schedule 2 on the same basis as the initial schedule 2 but with reference to the actual Utilisation Dat...
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Repayment Schedules. With effect from the Effective Date the repayment schedules in respect of the Loans shall be as set out in Schedule 2 to this Agreement (and so that Schedule 5 to the Loan Agreement shall be replaced by Schedule 2 to this Agreement).
Sample 1
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Related to Repayment Schedules

  • 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 the 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 $140,599 until the payment amount is adjusted by amendment. The interest portion of each Semiannual Loan Payment shall be computed on the unpaid balance of the principal amount of the Loan, including Capitalized Interest. Interest also shall be computed on the unpaid balance of the Loan Service Fee. Interest 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, 2021 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 to be repaid of $5,105,900, which consists of the Loan principal and the estimated Loan Service Fee.

  • Payment Schedule The purchase price for timber sold under this contract shall be paid in advance as follows: The first payment shall be paid within 30 days of the notification of high bid or before operating, whichever occurs first. The first payment shall be 10 percent of the total estimated bid value. The total estimated bid value shall be the sum obtained by multiplying the estimated timber volumes by the prices given in Section 44 less the amount of the project work. Cash bid deposits shall be applied to the initial payment. Subsequent payments shall be made in advance of timber removal when log hauling begins. Each payment shall be made before the value of timber removed equals one-half an advance payment or within the time period stated on the billing if PURCHASER is more than one-half of a payment in advance. The amount of each advance payment shall be calculated by dividing the total estimated bid value less the initial payment by 9; with the total estimated bid value being the sum obtained by multiplying the estimated timber volumes by the prices given in Section 44 less the amount of the project work. STATE may accept partial payment, upon written request, if logging is inactive. However, the full amount of advance payment is paid before logging resumes. Partial payment must be sufficient to maintain a payment deposit equal to one-half of a regular advance payment. The total purchase price shall be calculated after all log scale is reported by multiplying prices in Section 44 by the scaled volume. STATE shall refund any advance payment in excess of the total price, or PURCHASER shall pay any deficit within 30 days of notice. PURCHASER's deposit account shall not accrue interest payable to PURCHASER.

  • Shift Schedules 1501 Shift schedules for a minimum of a four (4) week period shall be posted at least two (2) weeks in advance of the beginning of the scheduled period. Shifts within the minimum four (4) week period shall not be altered after posting except by mutual agreement between the nurse(s) concerned and the Employer. Requests for specific days off duty shall be submitted in writing at least two (2) weeks prior to posting and granted, if possible in the judgment of the Employer. 1502 Requests for interchanges in posted shifts or a portion thereof shall also be submitted in writing, co-signed by the nurse willing to exchange shifts with the applicant. Where reasonably possible, interchanges in posted shifts are to be completed within the posted shift schedule. It is understood that any change in shifts or days off initiated by the nurses and approved by the Employer shall not result in overtime costs to the Employer. 1503 Night shift shall be considered as the first shift of each calendar day. 1504 Master rotations for each nursing unit shall be planned by the Employer in meaningful consultation with the nurse(s) concerned. The process for meaningful consultation shall include:  Employer proposes a master rotation including the Employer established criteria and provides to Nurses concerned  Nurses are provided reasonable time to submit feedback and/or an alternate master rotation for consideration.  The amended or new master rotation is provided to Nurses for review. Nurses are provided with a reasonable time to submit feedback.  At each step of the consultation process the Union will be provided with the new or revised master rotation to ensure contract compliance.  Employer has the sole discretion to select the new master rotation and provides rationale for the selection. Master Rotations shall, unless otherwise mutually agreed between the nurse(s) concerned and the Employer, observe the conditions listed hereinafter: (a) a minimum of fifteen hours (15) off between assigned shifts. (b) (i) a minimum of forty-seven (47) hours off at one time, or

  • Updates to Schedules Should any of the information or disclosures provided on any of the Schedules attached hereto become outdated or incorrect in any material respect, the Borrower shall promptly provide the Agent in writing with such revisions or updates to such Schedule as may be necessary or appropriate to update or correct same; provided, however, that no Schedule shall be deemed to have been amended, modified or superseded by any such correction or update, nor shall any breach of warranty or representation resulting from the inaccuracy or incompleteness of any such Schedule be deemed to have been cured thereby, unless and until the Required Banks, in their sole and absolute discretion, shall have accepted in writing such revisions or updates to such Schedule.

  • Prompt Payment Schedule Except as otherwise provided by law or regulation or in Sections 504.4 and 504.5 of this Exhibit, the Date of Payment by NYSERDA of an amount properly due and owing under this Agreement shall be no later than thirty (30) calendar days, excluding legal holidays, after Receipt of a Proper Invoice.

  • Amortization Schedule We do not provide an initial amortization schedule at the time of project agreement release but maintain a "Loan Summary Spreadsheet" on our website on the Financial Tab under "Loans". Once your loan is put into billing an amortization schedule will be posted to the same website, with a copy mailed to the Chief Financial Officer the month following project closeout.

  • FEES AND PAYMENT SCHEDULE The fees and payment schedule for furnishing services under this Contract shall be based on the rate schedule which is attached hereto as Exhibit B and by this reference incorporated herein. Said fees shall remain in effect for the entire term of the Contract. Contractor shall provide County with his/her/its Federal Tax I.D. number prior to submitting the first invoice.

  • Exhibits/Schedules The Exhibits and Schedules to this Agreement are hereby incorporated and made a part hereof and are an integral part of this Agreement. All Exhibits and Schedules annexed hereto or referred to herein are hereby incorporated in and made a part of this Agreement as if set forth in full herein. Any capitalized terms used in any Schedule or Exhibit but not otherwise defined therein shall be defined as set forth in this Agreement.

  • Shift Schedule The words "shift schedule" when used in this Agreement shall mean a timetable of the shifts and off days assigned to a position or group of positions which commences at the beginning of a pay period and includes one complete rotation of said shifts.

  • CONTRACT EXHIBIT I PREFERRED PRICING AFFIDAVIT This preferred-pricing affidavit is entered into in accordance with section 216.0113, F.S., and as required by Contract No. 80101507-21-STC-ITSA (“Contract”) between (“Contractor”) and the Department of Management Services. As the person authorized by Contractor to sign this affidavit, I attest that the Contractor is in full compliance with the preferred-pricing clause of the Contract. Contractor’s Name: By: Signature Printed Name/Title Date: STATE OF COUNTY OF Sworn to (or affirmed) and subscribed before me this day of , by Vendor Name: FEIN# Vendor’s Authorized Representative Name and Title: Address: City, State, and Zip code: Phone Number: ( ) - E-mail: CORPORATE SEAL (IF APPLICABLE) (Print, Type, or Stamp Commissioned Name of Notary Public) [Check One] Personally Known OR Produced the following I.D.

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