Scheduled Principal Repayments Sample Clauses

Scheduled Principal Repayments. Principal repayments will be due and payable to the Lenders as follows: (i) with respect to the Outstanding Principal Balance of any Lender who did not make a Reinvestment Election in its Commitment Form, such Outstanding Principal Balance shall be payable in 12 equal monthly installments beginning on the first Payment Date to occur after the later of (a) the last day of the applicable Draw-Down Period, and (b) the Scheduled Amortization Start Date, and continuing for the next 11 Payment Dates, with the balance due and payable in full on the 12th Payment Date to occur thereafter; and (ii) with respect to the Outstanding Principal Balance of any Lender who did make a Reinvestment Election in its Commitment Form, such Outstanding Principal Balance shall be payable in 12 equal monthly installments beginning on the first Payment Date to occur after the later of (a) the last day of the applicable Draw-Down Period, and (b) the applicable Reinvestment End Date, and continuing for the next 11 Payment Dates, with the balance due and payable in full on the 12th Payment Date to occur thereafter.
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Scheduled Principal Repayments. The Principal Balance of the Term Loan shall be paid in installments on the dates and in the respective amounts shown below: Amount of Payment (expressed as percentage of the Principal Balance Date of Payment on the Closing Date) --------------- ------------------- October 1, 2001 5% January 1, 2002 5% April 1, 2002 5% July 1, 2002 5% October 1, 2002 5% January 1, 2003 5% April 1, 2003 5% June 30, 2003 65% The then remaining Principal Balance of the Term Loan, and any other sums which then are due and payable pursuant to the terms of the Loan Documents, shall be due and payable on June 30, 2003.
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Scheduled Principal Repayments. Either: (a) the principal amount of the Bonds will be repaid in several instalments on Repayment Dates for the Facility, provided that the aggregate amount of all such repayment instalments made up to and including the relevant Repayment Date together with the aggregate amount of the Facility repaid up to and including such Repayment Date does not exceed the amount of the Facility that would have been repaid up to and including such Repayment Date if no Bonds had been issued.(1) (b) the principal amount of the Bonds will be repaid in full after the Final Maturity Date.
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Scheduled Principal Repayments. Subject to Section 3.1, Issuer shall pay to Note Holder the amount set forth below of the principal amount of the Notes, in equal quarterly installments on each Quarterly Payment Date, commencing September 15, 2009, and, in the case of the last installment payment, on the Maturity Date (provided, that if the Maturity Date is not a Business Day, then the last installment payment shall be paid on the Business Day next succeeding the Maturity Date). September 15, 2009 466,032 December 15, 2009 477,960 March 15, 2010 490,224 June 15, 2010 502,782 September 15, 2010 515,676 December 15, 2010 528,864 March 15, 2011 542,430 June 15, 2011 556,332 September 15, 2011 570,570 December 15, 2011 585,186 March 15, 2012 600,180 June 15, 2012 615,594 September 15, 2012 631,344 December 15, 2012 647,514 March 15, 2013 664,104 June 15, 2013 681,156 September 15, 2013 698,586 December 13, 2013 716,478 March 15, 2014 734,832 June 15, 2014 753,690 September 15, 2014 773,010 December 15, 2014 792,792 March 15, 2015 813,120 June 15, 2015 833,952 September 15, 2015 855,330 December 15, 2015 877,254 March 15, 2016 899,724 June 15, 2016 24,175,284 B. Special Event Prepayment of Principal. (i) Upon the occurrence of any Total Casualty/Condemnation Event, Issuer shall, within sixty (60) days of such Total Casualty/Condemnation Event prepay in full the total outstanding principal amount of the Notes, plus all accrued interest thereon, plus all other Obligations owing under the Financing Documents, plus 50% of the Prepayment Fee that would otherwise apply to a voluntary prepayment made on such prepayment date. (ii) Upon the occurrence of any change in Law which results in any increase in the amount of any withholding tax payable in respect of payments under a Note, Issuer may, upon not less than thirty (30) Business Days prior notice to Note Holder, prepay in full the total principal amount of the Note outstanding, in whole but not in part, provided, however that Issuer may not prepay the Note pursuant to this Section 3.3B(ii) if: (a) Note Holder has waived any right to receive an indemnity payment in respect of such increase in withholding tax, or (b) Note Holder undertakes a transfer of the Note to an entity located in a jurisdiction where such increase in withholding tax does not apply, provided, however, that nothing herein shall require Note Holder to make any such transfer. Any such prepayment under this Section 3.3B(ii) shall be in an amount equal to the total outstanding princi...
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Scheduled Principal Repayments. Beginning on April 30, 2005, and on the last Banking Day of each fiscal quarter thereafter, the Borrower shall make quarterly principal repayments of the Term Loan in the amount of Cdn. $1,100,000.
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Scheduled Principal Repayments. The Loan shall be repaid, beginning on April 30, 2015, and on the last day of each calendar month thereafter, in the amounts as set forth in the following table. In addition to making these monthly payments of principal on the Loan, monthly payments of accrued interest shall also be due as provided in Section 4.1.4 below. April 30, 2015 through and including $437,500 March 31, 2020 April 30, 2020 through and including $625,000 March 31, 2021 April 30, 2021 through the $687,500 Specified Maturity Date
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Related to Scheduled Principal Repayments

  • Principal Repayment Series 2016-C [Insert columns for other Series]

  • Scheduled Payments No Receivable has a final scheduled payment date later than six months preceding the Final Scheduled Maturity Date.

  • Optional Principal Payments 8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • Interest and Principal Payments Holders shall be entitled to receive, and Borrower shall pay, simple interest on the outstanding principal amount of this Note at the annual rate of eight percent (8%) (as subject to increase as set forth in this Note) from the Original Issue Date through the Maturity Date. Principal and interest shall be due and payable on the Maturity Date.

  • Repayment Dates The first Instalment shall be repaid on the date falling three months after the Drawdown Date, each subsequent Instalment shall be repaid at three-monthly intervals thereafter and the last Instalment, shall be repaid together with the Balloon Instalment, on the Final Repayment Date.

  • Optional Repayments The Borrower may at any time and from time to time repay the Revolving Credit Loans, in whole or in part, upon at least three (3) Business Days' irrevocable notice to the Administrative Agent with respect to LIBOR Rate Loans and one (1) Business Day's irrevocable notice with respect to Base Rate Loans, in the form attached hereto as Exhibit D (a "Notice of Prepayment") specifying the date and amount of repayment and whether the repayment is of LIBOR Rate Loans, Base Rate Loans, or a combination thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Lender. If any such notice is given, the amount specified in such notice shall be due and payable on the date set forth in such notice. Partial repayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $250,000 in excess thereof with respect to Base Rate Loans and $5,000,000 or a whole multiple of $1,000,000 in excess thereof with respect to LIBOR Rate Loans.

  • Optional Prepayments with Make-Whole Amount The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the Notes, in an amount not less than 5% of the aggregate principal amount of the Notes then outstanding in the case of a partial prepayment, at 100% of the principal amount so prepaid, and the Make-Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each holder of Notes written notice of each optional prepayment under this Section 8.2 not less than 10 days and not more than 60 days prior to the date fixed for such prepayment unless the Company and the Required Holders agree to another time period pursuant to Section 17. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the Notes to be prepaid on such date, the principal amount of each Note held by such holder to be prepaid (determined in accordance with Section 8.3), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Amount due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two Business Days prior to such prepayment, the Company shall deliver to each holder of Notes a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Amount as of the specified prepayment date.

  • Principal Payments (a) Borrower must pay Lender the outstanding principal amount of all Warehousing Advances on the Warehousing Maturity Date. (b) Except as otherwise provided in Section 3.1, Borrower may prepay any portion of the Warehousing Advances without premium or penalty at any time. (c) Borrower must pay to Lender, without the necessity of prior demand or Notice from Lender, and Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s Operating Account for, the amount of any outstanding Warehousing Advance against a specific Pledged Asset upon the earliest occurrence of any of the following events: (1) One (1) Business Day elapses from the date a Warehousing Advance was made if the Pledged Loan to be funded by that Warehousing Advance is not closed and funded. (2) Ten (10) Business Days elapse without the return of a Collateral Document delivered by Lender to Borrower under a Trust Receipt for correction or completion. (3) On the date on which a Pledged Loan is determined to have been originated based on untrue, incomplete or inaccurate information or otherwise to be subject to fraud, whether or not Borrower had knowledge of the misrepresentation, incomplete or incorrect information or fraud, on the date on which Borrower knows, has reason to know, or receives Notice from Lender, that (A) one or more of the representations and warranties set forth in Article 9 were inaccurate or incomplete in any material respect on any date when made or deemed made, or (B) Borrower has failed to perform or comply with any covenant, term or condition set forth in Article 9. (4) On the date the Pledged Loan or a Lien prior to the Mortgage securing repayment of the Pledged Loan is defaulted and remains in default for a period of 60 days or more. (5) Upon the sale, other disposition or prepayment of any Pledged Asset or, with respect to a Pledged Loan included in an Eligible Mortgage Pool, upon the sale or other disposition of the related Agency Security. (6) One (1) Business Day immediately preceding the date scheduled for the foreclosure or trustee sale of the premises securing a Pledged Loan. (7) If the outstanding Warehousing Advances against Pledged Loans of a specific type of Eligible Loan exceed the aggregate Purchase Commitments for that type of Eligible Loan.

  • Loan Repayment Upon the terms and conditions of this Agreement, the Issuer agrees to make the Loan to the Company. The proceeds of the Loan shall be deposited with the Trustee pursuant to Section 3.3 hereof. In consideration of and in repayment of the Loan, the Company shall make, as Loan Payments, to the Trustee for the account of the Issuer, payments which correspond, as to time, and are equal in amount as of the Loan Payment Date, to the corresponding Bond Service Charges payable on the Bonds. All Loan Payments received by the Trustee shall be held and disbursed in accordance with the provisions of the Indenture and this Agreement for application to the payment of Bond Service Charges. The Company shall be entitled to a credit against the Loan Payments required to be made on any Loan Payment Date to the extent that the balance of the Bond Fund is then in excess of amounts required (a) for the payment of Bonds theretofore matured or theretofore called for redemption, or to be called for redemption pursuant to Section 6.1 hereof (b) for the payment of interest for which checks or drafts have been drawn and mailed by the Trustee or Paying Agent, and (c) to be deposited in the Bond Fund by the Indenture for use other than for the payment of Bond Service Charges due on that Loan Payment Date. Except for such interest of the Company as may hereafter arise pursuant to Section 8.2 hereof or Sections 5.06 or 5.07 of the Indenture, the Company and the Issuer each acknowledge that neither the Company, the State nor the Issuer has any interest in the Bond Fund or the Bond Purchase Fund, and any moneys deposited therein shall be in the custody of and held by the Trustee in trust for the benefit of the Holders.

  • Scheduled Payments of Term Loans Company shall make principal payments on the Term Loans in installments on the dates and in the amounts set forth below: October 31, 2006 $ 375,000 January 31, 2007 $ 375,000 April 30, 2007 $ 375,000 July 31, 2007 $ 375,000 October 31, 2007 $ 375,000 January 31, 2008 $ 375,000 April 30, 2008 $ 375,000 July 31, 2008 $ 375,000 October 31, 2008 $ 375,000 January 31, 2009 $ 375,000 April 30, 2009 $ 375,000 July 31, 2009 $ 375,000 October 31, 2009 $ 375,000 January 31, 2010 $ 375,000 April 30, 2010 $ 375,000 July 31, 2010 $ 375,000 October 31, 2010 $ 375,000 January 31, 2011 $ 375,000 April 30, 2011 $ 375,000 July 31, 2011 $ 375,000 October 31, 2011 $ 375,000 January 31, 2012 $ 375,000 April 30, 2012 $ 375,000 July 31, 2012 $ 375,000 October 31, 2012 $ 375,000 January 31, 2013 $ 375,000 April 30, 2013 $ 375,000 July 28, 2013 $ 139,875,000 Total $ 150,000,000 ; provided that the scheduled installments of principal of the Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Term Loans in accordance with subsection 2.4B(iv); and provided, further that the Term Loans and all other amounts owed hereunder with respect to the Term Loans shall be paid in full no later than July 28, 2013, and the final installment payable by Company in respect of the Term Loans on such date shall be in an amount, if such amount is different from that specified above, sufficient to repay all amounts owing by Company under this Agreement with respect to the Term Loans.

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