Bullet Repayment definition

Bullet Repayment. ’ means, if specified in the relevant Final Terms, that the Notes shall be redeemed in full in a single payment on the Final Maturity Date;
Bullet Repayment has the meaning given to that term in Clause 9.1 (Repayment of Tranche A Loans).
Bullet Repayment the Borrower makes monthly payments of interest but not of principal; when the Loan matures, the full amount of the principal of the Loan is still outstanding and is payable in one lump sum. In addition, all Borrowers can request that a Loan (other than a Bullet Repayment Loan) become an “interest only” loan for periods of up to 10 years, meaning that no repayment of principal would take place during that period (if the request is accepted by Nordea). Statistical information about the bases of the loans in the Portfolio can be found under

Examples of Bullet Repayment in a sentence

  • The Sponsor shall, in a manner reasonably satisfactory to the Lenders, promptly provide all assistance to the Borrower to enable it to meet its repayment obligations under the Financing Documents, in respect of the Rupee Bullet Repayment Amount and the Foreign Currency Bullet Repayment Amount, or otherwise including, by providing assistance to the Borrower in raising further loans, if required, and if permitted under the terms of the Financing Documents.

  • Interest payable on such Bullet Repayment Amount shall be computed as simple interest on the Bullet.

  • Lender's Name Type of Facility Amount Sanctioned (in Rs Cr) NCD-IFMR Fimpact Inv Tier 2 Capital (Sub Debt) 2Sub Debt25.00 25.00 Bullet Repayment 72NCD-Karvy (Sub Debt)Sub Debt30.00 30.00 Bullet Repayment 84NCD-Symboitics 5 (Sub Debt) (AAV SRL and MasalaInvestments 5) Sub Debt 39.60 39.60 Bullet Repayment 61NCD-Triodos Investment Mgmt.

  • Agreed Minute Bullet Repayment e repayment of principal in a single payment at the maturity of the debt.

  • Bullet Repayment The repayment of principal in a single payment at thematurity of the debt.

  • The final Repayment Instalment (the Bullet Repayment) shall be paid on the Final Maturity Date and shall comprise all the Tranche A Loans then outstanding.

  • In micro level, townscapes are dealing with three major problems: first category includes: extensions to balconies and roofs for increasing usable area of buildings, canals and shafts for air conditioning, electricity and telephone cables and Etc.

  • Bullet Repayment at the end of 24 months from the date of disbursement of Loan i.e. 16th September 2014.

  • To be inserted if the loan is Bullet Repayment and Capital and Interest is accrued.

  • Circular 21358 dated 01.12.2022)Bank has increased the Quantum of loan amount for Jewel Loan Product(NP) with Bullet Repayment options from Rs 10.00 lacs to Rs 35.00 lacs.


More Definitions of Bullet Repayment

Bullet Repayment means the amount that provides for the repayment of the principal, paid in a lump sum upon the Loan’s due date, together with the payment of the related interest. In the period prior to the Loan’s due date, the Borrower shall pay, if provided for in the Contract, instalments consisting solely of interest. 2
Bullet Repayment means a term loan with a fixed final maturity on which all principal outstanding becomes repayable;

Related to Bullet Repayment

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

  • Debt Repayment means the repayment, prepayment, repurchase or defeasance of the Indebtedness of the Borrower under the Indebtedness that is identified on Schedule 1.1(g) to the Original Credit Agreement and that is repaid, prepaid, repurchased or defeased on the Original Closing Date (or such later date as may be necessary to effect the Debt Repayment in accordance with the tender offers therefor).

  • First Repayment Date means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche;

  • Loan repayment means the cancellation and repayment of loans

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Debt Repayment Triggering Event means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Waivable Mandatory Prepayment shall have the meaning assigned to such term in Section 2.11(e).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • REO Principal Amortization With respect to any REO Property, for any calendar month, the excess, if any, of (a) the aggregate of all amounts received in respect of such REO Property during such calendar month, whether in the form of rental income, sale proceeds (including, without limitation, that portion of the Termination Price paid in connection with a purchase of all of the Mortgage Loans and REO Properties pursuant to Section 9.01 that is allocable to such REO Property) or otherwise, net of any portion of such amounts (i) payable pursuant to Section 3.23(c) in respect of the proper operation, management and maintenance of such REO Property or (ii) payable or reimbursable to the Servicer pursuant to Section 3.23(d) for unpaid Servicing Fees in respect of the related Mortgage Loan and unreimbursed Servicing Advances and P&I Advances in respect of such REO Property or the related Mortgage Loan, over (b) the REO Imputed Interest in respect of such REO Property for such calendar month.

  • Repayment and “Repaid” shall have correlative meanings. For purposes of Section 4.04 and Section 4.07 and the definition of “Consolidated Fixed Charges Coverage Ratio,” Debt shall be considered to have been Repaid only to the extent the related loan commitment, if any, shall have been permanently reduced in connection therewith.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Term Loan A Maturity Date means July 29, 2025.

  • Mandatory Prepayments has the meaning given to such term in Section 1.2(b).

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Subordinate Prepayment Percentage As to any Distribution Date, 100% minus the Senior Prepayment Percentage for such Distribution Date.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.

  • Class B-2 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Prepayment Percentage for such Distribution Date will be zero.

  • Subordinated Prepayment Percentage As to any Distribution Date, 100% minus the Senior Prepayment Percentage for such Distribution Date.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).