Examples of Anticipated Prepayment Date in a sentence
With certain exceptions, the Co-Issuers will be obligated to pay the Make-Whole Amount relating to the Series 2007-1 Notes on any prepayment of principal of any Series 2007-1 Notes prior to the Series 2007-1 Anticipated Prepayment Date as described in the Indenture.
It is hereby understood and agreed that provided no Event of Default exists hereunder, and prior to the Anticipated Prepayment Date, Borrower may make revisions to the Annual Budget when and if it desires, without Lender’s consent or approval.
The Annual Budget shall include a capital expenditures budget (y) with respect to any Mortgaged Property in the event that the Master Tenant is no longer responsible for all Capital Expenditures with respect to such Mortgaged Property pursuant to the related Master Lease and (z) with respect to the Mortgaged Properties for any period after the Anticipated Prepayment Date.
In furtherance of such intention, the Trustee shall file or cause to be filed annually with the Internal Revenue Service together with Form 1041 or such other form as may be applicable and shall furnish or cause to be furnished annually to the Holders of the Class P Certificates, their allocable share of income with respect to Excess Interest as such amounts accrue or are received, as the case may be, after the related Anticipated Prepayment Date.
No Defeasance shall be permitted on or after the Anticipated Prepayment Date.
In furtherance of such intention, the Trustee shall file or cause to be filed annually with the Internal Revenue Service together with Form 1041 or such other form as may be applicable and shall furnish or cause to be furnished (i) annually to the Holders of the Class P Certificates, their allocable share of income with respect to Excess Interest as such amounts accrue or are received, as the case may be, after the related Anticipated Prepayment Date.
Upon giving Lender not less than sixty (60) days prior written notice (a "Prepayment Notice") specifying the date on which prepayment will be made ("Anticipated Prepayment Date"), Borrower may prepay the Indebtedness, on the condition that Borrower pays, in addition to such Indebtedness, a prepayment fee ("Prepayment Fee") equal to the greater of (a) one percent (1.0%) of the then outstanding Principal Balance; or (b) the Prepayment Premium (as defined below).
For purposes of calculating the Class X Pass-Through Rate, the mortgage loan interest rates will not reflect any default interest rate, any rate increase occurring after an Anticipated Prepayment Date, any loan term modifications agreed to by the Special Servicer or any modifications resulting from a borrower's bankruptcy or insolvency.
Most of the mortgage loans permit prepayment without penalty for a specified period preceding the maturity date or Anticipated Prepayment Date.
The Annual Budget shall be subject to Lender's approval, with respect to any period after (A) the Anticipated Prepayment Date, (B) the occurrence of an Low Debt Service Reserve Trigger Event or (C) the occurrence of an Event of Default.