Examples of First Payment Date in a sentence
Issuer Cloudfarming Maximum Payment Multiple2 - Early Investors - All Other Investors 1.8 x 1.6 x Revenue Percentage1 2.2 - 2.4% Payment Frequency Annually Sharing Start Date The first day after disbursement that the company has revenues greater than one ($1) dollar First Payment Date The last day of the calendar month ending not more than thirty days after the end of the first calendar year after the Sharing Start Date.
Payments of WIFIA Debt Service shall be made by the Borrower on each Payment Date occurring on or after the First Payment Date as provided in Section 8(a) (Payment of Principal and Interest – Payment of WIFIA Debt Service) of the WIFIA Master Agreement.
At all times following the First Payment Date, to be tested as of the last day of each Fiscal Quarter following the First Payment Date, the Borrower shall maintain a Debt Service Coverage Ratio of no less than 1.25:1 for the six-month period ending on the last day of each Fiscal Quarter.
Issuer Diem Orange LLC Maximum Payment Multiple 1.5 x Revenue Percentage1 0.3 - 0.3% Payment Frequency Annually Sharing Start Date The first day after disbursement that the company has revenues greater than one ($1) dollar First Payment Date The last day of the calendar month ending not more than thirty days after the end of the first calendar year after the Sharing Start Date.