Department Rebate Payment Date definition

Department Rebate Payment Date means the quarterly date that (i) the Department Rebate Interest Amount is due and payable to the Department or (ii) the Department offsets the Department Rebate Interest Amount from Interest Benefit Payments or Special Allowance Payments due to the Authority.
Sample 1Sample 2Sample 3
Department Rebate Payment Date means the quarterly date that (i) the Department Rebate Interest Amount is due and payable to the Department or (ii) the Department offsets the Department Rebate Interest Amount from Interest Subsidy Payments or Special Allowance Payments due to the Issuer.
Sample 1
Department Rebate Payment Date means the quarterly date that (i) Negative Special Allowance Payments with respect to the Financed Student Loans are due and payable to the Department or (ii) the Department offsets such Negative Special Allowance Payments from Interest Subsidy Payments or Special Allowance Payments due to the Funding Note Issuer.
Sample 1Sample 2

Examples of Department Rebate Payment Date in a sentence

  • On each Department Rebate Payment Date, when due under applicable laws and regulations, as of which the Servicers notify the Funding Note Issuer and the Conduit Administrator of the aggregate amount of Negative Special Allowance Payments, if any, that is due and owing to the Department for the preceding quarterly period, the Conduit Administrator shall withdraw from the DOE Reserve Account an amount equal to any Negative Special Allowance Payments due and owing to the Department.

Related to Department Rebate Payment Date

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Note Payment Account means the account established and maintained as such pursuant to Section 4.1(b).

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Note Payment Sequence means the application of Interest Proceeds in accordance with the Interest Proceeds Priority of Payments or the application of Principal Proceeds in accordance with the Principal Proceeds Priority of Payments, as applicable, in the following order:

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).