Accelerated Payment Date definition

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, 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 any date on which Ambac makes an Accelerated Payment; "Account" means in respect of any payment made by Ambac on:

Examples of Accelerated Payment Date in a sentence

  • Notwithstanding the foregoing, should the Bank receive payments of the Accelerated Principal Amount in portions or on dates other than the Accelerated Payment Date, for purposes of applying the foregoing formula the Accelerated Principal Amount shall be each of the portions so received and the Accelerated Payment Date shall be the date upon which the portion is received.

  • Payment of all amounts owing, either on a Payment Date or an Accelerated Payment Date, shall be made when due in cash, bank or cashier's check, or other immediately available funds.

  • Section 1.01 of the Indenture is hereby amended by deleting in their entirety the definitions "Accelerated Payment", "Accelerated Payment Date", "Acceleration Date" and "Offer".

  • The Company for value received, hereby promises to pay to [_________________________] or its registered assigns (the “Holder”), (i) the principal sum of [_____________________________] DOLLARS (U.S $[________]) and (ii) all accrued and unpaid interest thereon on the earlier of the Maturity Date (defined below), or the Accelerated Payment Date (as defined below).

  • 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.

  • If either (i) or (ii) occurs, the Trustee shall liquidate the Collateral and, on the Business Day (the "Accelerated Payment Date") following the Business Day on which the Issuer [**] CONFIDENTIAL TREATMENT REQUESTED (or the Collateral Manager on the Issuer's behalf) notifies the Trustee that such liquidation is completed and all liquidation proceeds have been received by the Trustee, apply the proceeds thereof in accordance with the Priority of Payments.

  • If a Participant for whom an Accelerated Payment is to be made has previously become subject to the Step-down, as provided in Section 6 above, then the amount of the Accelerated Payment shall be the Step-down Amount accrued through the Accelerated Payment Date.

  • For the sake of clarity, in the event a Closing or the Accelerated Payment Date has not occurred as of the Anniversary Date, then a Bonus Payment in the amount of $1,280,000 (as adjusted up or down based on the percentage difference between the Projected Value of the Company as of the Anniversary Date and the Current Value) shall be paid to Xxxxxx within 15 days after the Anniversary Date.

  • Term Defined in Section ---- ------------------ "Accelerated Payment Date".........................

  • 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 the Guarantor makes an Accelerated Payment.
Accelerated Payment Date has the meaning specified in Section 5.5(a).
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,
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 shall have the meaning set forth in Section 2.8.3 of this Agreement.

Related to Accelerated Payment Date

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Index Related Payment Date means, in relation to any Indexand an IndexDetermination Date, any payment date under the Preference Shares for which the amount payable is calculated by reference to the Indexas determined on such IndexDetermination Date;

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Specified Payment means any Permitted Acquisition, Investment, loan, advance, incurrence of or payment with respect to Indebtedness or other transaction made subject to satisfaction of the Payment Conditions or any component thereof.

  • 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.

  • Required Payment shall have the meaning assigned such term in Section 4.04.

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Make-Whole Payment means, with respect to any Series 2018-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2018-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2018-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Acceleration Date on any Security means the date, if any, on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

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

  • Accelerated Maturity Date means if the Company elects to accelerate the Maturity Date in accordance with Section 2.2(c), the date selected by the Company which is prior to the Scheduled Maturity Date, but is after March 31, 2002.

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

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Class E Final Scheduled Payment Date means the Payment Date occurring in June 2023.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Required Payments means each of the items described in (i) through (xii) of Section 3.4 of the Indenture.

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.

  • 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 August 2022.

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