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.