End of Term Payment definition

End of Term Payment has the meaning set forth in the Table of Terms.
Sample 1Sample 2Sample 3
End of Term Payment has the meaning set forth in Section 2.6.
Sample 1Sample 2
End of Term Payment has the meaning set forth in Section 3.03.
Sample 1Sample 2

Examples of End of Term Payment in a sentence

  • In addition on the Maturity Date, You will pay Us an amount equal to percent ( %) of the principal amount of this Promissory Note that represents Your End of Term Payment.

  • End of Term Payment: 5.25% of each Advance Loan Term: 18 Months (Months 1-18 interest only, with remaining principal due at the end of the Loan Term) Interest Rate: Prime Rate plus 4.50%.

  • End of Term Payment: 3.5% of each Advance Loan Term: 15 Months (Months 1-15 interest only, with remaining principal due at the end of the Loan Term) Interest Rate: Prime Rate plus 4.00%.

  • End of Term Payment: 5.75% of each Advance Loan Term: 36 Months (monthly repayments of principal and interest) Interest Rate: Prime Rate plus 4.75%.

  • Borrower acknowledges that the aggregate principal amount due and owing under the Loan Agreement and Notes, exclusive of fees, costs, the End of Term Payment and other expenses, as of February 29, 2016 (after giving effect to the February 1, 2016 payments), was $35,000,000.00 (the “Outstanding Loan Debt”).

  • Borrower acknowledges that the aggregate principal amount due and owing under the Part 1 Notes, exclusive of fees, costs, the End of Term Payment and other expenses, as of February 24, 2017 (after giving effect to the February 1, 2017 payments), was $35,000,000.00 (the “Outstanding Loan Debt”).

  • End of Term Payment: 4.5% of each Advance to the extent the aggregate of all Advances are equal to or less than $7,500,000; 6% of each Advance to the extent the aggregate of all Advances are greater than or equal to $7,500,000 and less than $15,000,000; 7.25% of each Advance to the extent the aggregate of all Advances are greater than or equal to $15,000,000.

  • The End of Term Payment shall be satisfied by Symantec as set forth in Section 4 hereof.

  • As to any Advance made by Us under the Option B terms, You may make a written request to Us no earlier than 60 days and no later than 30 days prior to the maturity date of such Option B Advance (each, a “Conversion Request Notice”) to (a) extend the maturity date an additional 12 months (“Maturity Date Extension”) or (b) convert such Advance to a term loan amortized over a 24 month period with a 2% increase in each of the Interest Rate and End of Term Payment for such Advance ( a “Term Loan Conversion”).

  • End of Term Payment: 10% of each Advance to the extent the aggregate of all Advances are equal to or less than $7,500,000; 11% of each Advance to the extent the aggregate of all Advances are greater than or equal to $7,500,000 and less than $15,000,000; 12% of each Advance to the extent the aggregate of all Advances are greater than or equal to $15,000,000.


More Definitions of End of Term Payment

End of Term Payment shall have the meaning ascribed to it in Exhibit J. “End of Term Statement” shall have the meaning ascribed to it in Exhibit J.
Sample 1
End of Term Payment shall have the meaning ascribed to it in Exhibit J. “End of Term Statement” shall have the meaning ascribed to it in Exhibit J. “End-User” means a Person who owns or operates an End-User Load.
Sample 1

Related to End of Term Payment

  • End of Term Extension means the time period defined in §2.D.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Qualified disability expenses means that term as defined in section 529A of the internal revenue code.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Service Payment has the meaning given to it in clause 9.1;

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Date of Termination means the date of receipt of the Notice of Termination or any later date specified therein, as the case may be; provided, however, that (i) if the Executive's employment is terminated by the Company other than for Cause or Disability, the Date of Termination shall be the date on which the Company notifies the Executive of such termination and (ii) if the Executive's employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death of the Executive or the Disability Effective Date, as the case may be.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Long-term lease means a lease term of at least 27.5 years for a residential resource or at least 31.5 years for a nonresidential resource.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Long Term Occasional Teacher means an Occasional Teacher who is employed for more than ten (10) consecutive instructional days as a replacement for one teacher.

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Event of Termination has the meaning specified in Section 7.01.

  • specific learning disabilities means a heterogeneous group of conditions wherein there is a deficit in processing language, spoken or written, that may manifest itself as a difficulty to comprehend, speak, read, write, spell, or to do mathematical calculations and includes such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia and developmental aphasia;

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • Accrued Obligation means the sum of (i) Executive’s Base Salary earned through the Date of Termination and (ii) to the extent permitted by the Company’s vacation policies as may exist from time to time, any accrued, unused vacation pay earned by Executive, in both cases, to the extent not theretofore paid.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Incentive Payments means any and all federal or state governmental subsidies, payments, transfers or other benefits, whether now or hereafter established, received by the Borrower in any fiscal year aged less than 120 days.

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • Specific learning disability (SLD) means a heterogeneous group of conditions wherein there is a deficit in processing language, spoken or written, that may manifest itself as a difficulty to comprehend, speak, read, write, spell, or to do mathematical calculations and includes such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia and developmental aphasia.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Accrued Obligations are (i) Executive’s accrued but unpaid salary through the date of termination, (ii) any unreimbursed business expenses incurred by Executive payable in accordance with the Company’s standard expense reimbursement policies, and (iii) benefits owed to Executive under any qualified retirement plan or health and welfare benefit plan in which Executive was a participant in accordance with applicable law and the provisions of such plan.