Due and Payable Date definition

Due and Payable Date. The meaning in Section 9.5(a).
Due and Payable Date means the date when the mortgagee notifies or should have notified the Commissioner that the mortgage is due and payable under the conditions stated in the mortgage, as required by § 206.27(c)(1) or the date that the Deferral Period, as provided for in the mortgage by§ 206.27(c)(3), ends; or the date the Com-missioner approved a due and payable request as provided for in the mortgage by § 206.27(c)(2).
Due and Payable Date. The meaning ascribed thereto in Section 9.5(a). “Em-block 1, Em-block 2, Em-block 3 , Em-block 4” – The division of the quantity of energy from the Complex into four (4) blocks pursuant to the Tariff Determination and determined in the manner provided in Section 3.2.

Examples of Due and Payable Date in a sentence

  • Business Day, the Due and Payable Date shall be the next following Business Day.

  • Any invoice containing the aforementioned errors shall not entitle the Seller or Buyer to withhold payment of the invoice by the Due and Payable Date, other than amounts, which are subject to Dispute in accordance with Section 10.6. For the avoidance of doubt: any adjusted amount under this Section 10.4 (e) shall not attract any late payment charges.

  • Failure to maintain the Escrow facility in place, or, following any draw on the Escrow Account by Seller for an undisputed amount not paid by the Due and Payable Date for the relevant amount, failure to reinstate the Escrow Account balance to the required amount, in either case within ten (10) Business Days of Seller’s notice to the Purchaser that the Escrow was either not in place or that Seller made a draw on the Escrow.

  • For the avoidance of doubt in each case if such Due and Payable Date is not a Business Day the Due and Payable Date shall be the next following Business Day.

  • Provided that if the requisite information (which is reasonably required) is furnished after five (5) Business Days of receipt of such request, the Due and Payable Date of such invoice shall be extended proportionately.

  • Article 127 - Policy Statement on Payment and Recovery 52Article 128 - Due and Payable Date 52Article 129 - Recovery of Overpayment 52Article 130 - Collection and Recovery 52Article 131 - Interest on Unpaid Tax 52Article 132 - Interest on Repayments 52Article 133 - Tax Treatment of Interest Under Articles 131 and 132.


More Definitions of Due and Payable Date

Due and Payable Date. The meaning in Article 8.4(a).
Due and Payable Date. The meaning ascribed thereto in Section 9.6(a); provided that, if the Due Date is not a Business Day, then the Due and Payable Date shall be the next following Business Day.

Related to Due and Payable Date

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Unpaid Transaction Expenses has the meaning specified in Section 2.4(c).

  • Final Closing Indebtedness means the aggregate amount of Closing Indebtedness set forth in the Final Closing Statement.

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

  • Specified Transactions means (a) any Specified Disposition, (b) any Permitted Acquisition and (c) the Transactions.

  • Financial Closing Date means the date of the closing of the initial agreements for any Financing of the Facility and of an initial disbursement of funds under such agreements.

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

  • Transaction Expenses means any fees or expenses incurred or paid by Holdings or any of its Subsidiaries in connection with the Transaction, this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby.

  • Closing Debt means the aggregate principal amount of, and accrued interest on, all Debt of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Credit Event Upon Merger has the meaning specified in Section 5(b).

  • 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;

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

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Second Closing Date means the date of the Second Closing.

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • 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.

  • Deficient Valuation With respect to any Mortgage Loan, a valuation of the related Mortgaged Property by a court of competent jurisdiction in an amount less than the then outstanding principal balance of the Mortgage Loan, which valuation results from a proceeding initiated under the Bankruptcy Code.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

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

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Funding and Payment Office means (i) the office of Administrative Agent and Swing Line Lender located at Xxx Xxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx or (ii) such other office of Administrative Agent and Swing Line Lender as may from time to time hereafter be designated as such in a written notice delivered by Administrative Agent and Swing Line Lender to Company and each Lender.

  • Deficient Valuation Mortgage Loan Any Mortgage Loan that became the subject of a Deficient Valuation.

  • Specified Transaction will have the meaning specified in Section 14 of this Agreement.