Deferral Expiration Date definition

Deferral Expiration Date means either (a) the date any forgiven amount of the Facility is remitted to the Bank, or (b) the date that a final determination is made that no portion of the Facility will be forgiven; provided, however, if the Borrower fails to apply for forgiveness by the Latest Forgiveness Application Date, the Deferral Expiration Date shall mean the Latest Forgiveness Application Date. In no event shall the Deferral Expiration Date be later than the Maturity Date.
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Deferral Expiration Date means either (a) the date any forgiven amount of the Facility is remitted to the Bank, or (b) the date that a final determination is made that no portion of the Facility will be forgiven; provided, however, if the Borrower fails to apply for forgiveness by the Latest Forgiveness Application Date, the Deferral Expiration Date shall mean the Latest Forgiveness Application Date. In no event shall the Deferral Expiration Date be later than the Maturity Date.
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Deferral Expiration Date means either (a) the date any forgiven amount of the Facility is remitted by the SBA to the Bank, or (b) the date on which SBA notifies the Bank that a final determination has been made that no portion of the Facility will be forgiven; provided, however, that if the Borrower fails to apply for loan forgiveness under the Program by the Alternative Deferral Expiration Date, the Deferral Expiration Date shall be the Alternative Deferral Expiration Date.
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Examples of Deferral Expiration Date in a sentence

  • On the Deferral Expiration Date, the outstanding principal of the Facility that is not forgiven under the Program (the “Conversion Balance”) shall convert to an amortizing term loan payable as set forth below.

  • On the Deferral Expiration Date, the outstanding principal of the Facility that is not forgiven under the Program (the “Conversion Balance”) shall convert to an amortizing term loan payable as set forth below.On the 15th day of the 7th month following the date of this Note (the “First Payment Date”), all accrued interest that is not forgiven under the Program shall be due and payable.

  • This means that the impact that correct outsourcing decisions have on the development of competitive capabilities is what creates a greater competitive advantage.

  • On the Deferral Expiration Date, the Conversion Balance shall convert to an amortizing term loan payable as set forth below.On the First Payment Date, all accrued interest that is not forgiven under the Program shall be due and payable.

  • If a Mandatory Deferral Event has occurred and is continuing on an Optional Deferral Expiration Date (including if a separate Mandatory Deferral Period had previously begun and ended during such Optional Deferral Period), the Optional Deferral Period will continue until such time that a Mandatory Deferral Event is no longer continuing.

  • Goods, which have been delivered and rejected in whole or in part, may be, at the District's option, returned to the Offeror at Offeror's risk and expense or disposed of in accordance with the District’spolicies.

  • Removal of Deferred Date and Deferral Expiration Date fields and change Disposition Date field to Court Order Date field in CourtDisposition window of Offense History screen.06/2020BADGE VersionVersion at time of change: Version 4.0.4.011/2021Minor EditsUpdate Hyperlinks.

  • On the Deferral Expiration Date, the outstanding principal of the Facility that is not forgiven under the Program (the “Conversion Balance”) shall convert to an amortizing term loan payable as set forth below.On the 1 5th day of the 7” month following the date of this Note (the “First Payment Date”), all accrued interest that is not forgiven under the Program shall be due and payable.

  • On the Deferral Expiration Date, the outstanding principal of the Facilitythat is not forgiven under the Program (the “Conversion Balance”) shall convert to an amortizing term loanpayable as set forth below.

  • On the Deferral Expiration Date, the Conversion Balance shall convert to an amortizing term loan payable as set forth below.

Related to Deferral Expiration Date

  • Initial Expiration Date is defined in Section 1.1(c) of the Agreement.

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Deferral Period has the meaning set forth in Section 3(h) hereof.

  • Offer Expiration Date has the meaning set forth in the definition of “Offer to Purchase.”

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Election Date has the meaning specified in Section 312(h).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.