Accelerated Payment Date definition

Accelerated Payment Date means, in respect of any principal and/or interest payment in respect of the Notes, each Interest Payment Date after the occurrence of an Event of Default.
Accelerated Payment Date means the date on which an Accelerated Payment Event is deemed to occur pursuant to Section 15(a) of this Supplement.
Accelerated Payment Date means any date on which the Guarantor makes an Accelerated Payment.

Examples of Accelerated Payment Date in a sentence

  • If Ambac elects to make an Accelerated Payment, it shall, four (4) Business Days prior to the date on which it shall effect such payment, deliver to the Beneficiary, by fax or letter delivered by registered post or courier, a written notice duly executed by an authorised officer of Ambac, notifying the Beneficiary of the exercise of (1) its option hereunder and (2) the proposed Accelerated Payment Date for such Accelerated Payment.

  • Ambac shall make such Accelerated Payment to the Account on the Accelerated Payment Date.

  • In the 2003/04 year of assessment, with which this appeal is concerned, the amount of Facility Payments offered for assessment was US$17,837,764, which included the sum of US$3,283,000 mentioned in fact 18(a)(ii) of the Statement of Agreed Facts in respect of the shortfall of Facility Payments prior to the Accelerated Payment Date.

  • There is no assurance however that the Available Distribution Amount will be sufficient to replenish the Liquidity Reserve up to the applicable Liquidity Reserve Fund Required Amount on each applicable Quarterly Payment Date during the Revolving Period and the Normal Redemption Period or on each Accelerated Payment Date during the Accelerated Redemption Period.

  • The information required for Table 2 of Part One of the Approved Addendum is set out in Section 7.2 of this DPA.

  • Save as otherwise provided herein, once payment by Ambac of an amount in respect of any Guaranteed Obligation (whether on a Scheduled Payment Date or on an Accelerated Payment Date) has been made to the Account, Ambac shall have no further obligations under this Financial Guarantee in respect of such Guaranteed Obligation to the extent of such payment.

  • If Ambac elects to make an Accelerated Payment, it shall, not later than four (4) Business Days prior to the date on which it shall effect such payment, deliver to the Issuer and the Beneficiary, by fax or letter delivered by registered post or courier, a written notice duly executed by an authorised officer of Ambac, notifying the Issuer and the Beneficiary of the exercise of (1) its option hereunder and (2) the proposed Accelerated Payment Date for such Accelerated Payment.

  • Ambac shall, unless otherwise directed by the Beneficiary, make such Accelerated Payment to the Account on the Accelerated Payment Date.

  • Any significant increase in losses or delinquencies on the Purchased SME Loan Receivables could result in accelerated, reduced or delayed payments on the Class A Notes Ultimately, the Class A Noteholders may therefore suffer losses of principal in respect of the Class A Notes and/or reduce their yield to maturity.In addition, the Fund is also subject to the risk of insufficient funds on any Quarterly Payment Date or Accelerated Payment Date as a result of payments being made late.

  • On each Quarterly Payment Date during the Revolving Period and the Normal Redemption Period and on each Accelerated Payment Date during the Accelerated Redemption Period, the Liquidity Reserve Fund shall be replenished up to the applicable Liquidity Reserve Fund Required Amount.On the Fund Establishment Date, the amount of the Liquidity Reserve Fund is equal to 1% of the aggregate of the Initial Principal Amount of the Class A Notes.


More Definitions of Accelerated Payment Date

Accelerated Payment Date means any date on which Ambac makes an Accelerated Payment; "Account" means in respect of any payment made by Ambac on:
Accelerated Payment Date means any date on which Ambac makes an Accelerated Payment;
Accelerated Payment Date. The meaning specified in Section 11.1(b).
Accelerated Payment Date has the meaning specified in Section 5.5(a).
Accelerated Payment Date shall have the meaning set forth in Section 2.8.3 of this Agreement.
Accelerated Payment Date means a date within three Business Days from the date that the Company consummates an equity financing transaction, or series of equity financing transactions during the term of the Subordinated Note,

Related to Accelerated Payment Date

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Permitted Payment as defined in Subsection 8.2(b).

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Restricted Payment Conditions is defined in Section 10.9.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Class C Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.