Examples of Advance Loan Maturity Date in a sentence
The Interest Rate on a Term Loan shall be a fixed rate determined on the date an Advance converts to a Term Loan and shall equal the Cost of Funds plus 1.65% for a Term Loan which matures on the 3rd anniversary of the Advance Loan Maturity Date or the Cost of Funds plus 1.85% for a Term Loan which matures on the 8th anniversary of the Advance Loan Maturity Date.
Each Term Loan shall be a fully amortizing loan in approximately equal installments of principal and interest and shall mature on the Term Loan Maturity Date specified in the Conversion Notice, which date shall be either the 3rd anniversary of the Advance Loan Maturity Date or the 8th anniversary of the Advance Loan Maturity Date.
Such interest shall be payable on the earlier of demand and the Advance Loan Maturity Date, and shall accrue until the earlier of (a) waiver or cure (to the satisfaction of Lender) of the applicable Event of Default, (b) agreement by Lender to rescind the charging of interest at the Default Rate, or (c) payment in full of the Obligations.
An ETDP SETA accredited skills development provider may apply for registration as a skills development provider with ETQAs where programme scope falls outside of the accreditation scope of the ETDP SETA primary focus.The ETDP SETA will facilitate registration and programme approval with the appropriate ETQA.
The principal of the Advance Loans shall be due and payable on the Advance Loan Maturity Date.
A correctional institution is any government facility maintained as part of a penal system for the incarceration or detention of Spersons suspected or convicted of having breached the peace or committed some other crime.
Additionally, if the amount of the Advance Loans (plus all accrued but unpaid interest) is not paid in full on the Advance Loan Maturity Date, Borrower will be charged (subject to Section 9.11) a delinquency charge of (a) 5% of the sum of the outstanding principal balance (plus all accrued but unpaid interest), or (b) $250.00, whichever is less.
The 2015/16 status of the performance indicators, together with the status for the previous two years is: Statusgreen - good performanceamber - within tolerancered - performance declinednot included in this report2015/16102132014/1592132013/1410113.
On the terms and conditions hereinafter set forth, the Bank agrees to make Advances to Borrower from time to time during the period beginning on the Effective Date and ending on the Advance Loan Maturity Date in such amounts as Borrower may request up to the aggregate amount of $2,000,000.00 (the "Advance Line of Credit").