First Repayment definition

First Repayment bears the meaning ascribed to it in Clause 6.2 (First Repayment).
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First Repayment. Date As defined in Section 4.1 below. Government Authority Any government and/or governmental department, ministry, cabinet, commission, board, bureau, agency, court, tribunal, regulatory authority, instrumentality, judicial, legislative or administrative body or entity, domestic or foreign, federal, national, state, regional, provincial or local, having or exercising jurisdiction over the matter or matters in question.
Sample 1
First Repayment. Date shall mean in respect of all the Rupee Lenders the date 165 occurring six (6) months after the Project COD. Fiscal Year shall mean the accounting period commencing from April 1st of each year till March 31st of the next year. Force Majeure shall mean an event of force majeure howsoever defined in the Transaction Documents.
Sample 1

Examples of First Repayment in a sentence

  • Subject to any amounts prepaid pursuant to clauses 8.1 and 8.2 below, the Applicant shall repay the principal amount borrowed under the Loan in [[insert figure] equal instalments of [£insert figure] payable [every six months] commencing on the First Repayment Date] [with a final payment of the outstanding balance of the Loan Amount on [date]] / [in instalments, by repaying on each date set out below, an amount which reduces the amount of the outstanding loan by the amount set opposite such date].

  • The Repayment Extension Agreements On 19 September 2018, the Company entered into the First Repayment Extension Agreement with CDI, pursuant to which the repayment schedule under the Repayment Agreement was amended to the effect that CDI shall repay HK$45,000,000 in full on 19 March 2019.

  • The Borrower undertakes to pay the Agent additional monetary compensation on the First Repayment Date and the Repayment Date so that each Lender’s internal rate of return for their respective commitments of the Loan shall be 15% and 18% of the Loan respectively (the ‘‘Compensation’’).

  • Interest: From the Utilisation Date until the First Repayment Date, the rate of interest on a Loan is 10% per annum.

  • From the day following the First Repayment Date until the Repayment Date, 8% per annum higher than the rate of interest which would have been applied on any outstanding Loan due under the Facility beginning on its due date and ending on the date the Lenders receive it.

  • Subject to the Lender’s overriding right of repayment on demand, the First Borrower shall repay the First Loan in full in one lump sum together with all interest accrued thereon and all other monies payable under the First Loan Agreement on the First Repayment Date.

  • The Borrower shall repay a principal amount of HK$29,400,000 on the First Repayment Date.

  • Default interest: From the Utilisation Date until the First Repayment Date, 10% per annum higher than the rate of interest which would have been applied on any outstanding Loan due under the Facility beginning on its due date and ending on the date the Lenders receive it.

  • From the day following the First Repayment Date until the Repayment Date, the rate of interest on a Loan is 12% per annum.

  • The Interest Periods relating to Advances under Tranche E will be of one (1), three (3) or six (6) months duration at the option of the Borrower (or such shorter period as is required in order for the Interest Periods of the Advances under Tranche E to end on the Scheduled First Repayment Date).


More Definitions of First Repayment

First Repayment has the meaning set forth in Section 1.1(b).
Sample 1
First Repayment. The point in time as of which the Class A Participants or their Affiliates, as the case may be, shall have received aggregate distributions from the applicable Investment Entity equal to their capital contributions in such Investment Entity and the First Priority Return for such Investment Entity.
Sample 1
First Repayment has the meaning as set forth in Section 5.1(f)(1).
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Related to First Repayment

  • 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;

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

  • Repayment and “Repaid” shall have correlative meanings. For purposes of Section 4.04 and Section 4.07 and the definition of “Consolidated Fixed Charges Coverage Ratio,” Debt shall be considered to have been Repaid only to the extent the related loan commitment, if any, shall have been permanently reduced in connection therewith.

  • Loan repayment means the cancellation and repayment of loans

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Debt Repayment means the repayment, prepayment, repurchase or defeasance of the Indebtedness of the Borrower under the Indebtedness that is identified on Schedule 1.1(g) to the Original Credit Agreement and that is repaid, prepaid, repurchased or defeased on the Original Closing Date (or such later date as may be necessary to effect the Debt Repayment in accordance with the tender offers therefor).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Scheduled Repayment shall have the meaning provided in Section 4.02(a).

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

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Incremental Purchase means a purchase of one or more Purchaser Interests which increases the total outstanding Aggregate Capital hereunder.

  • Discount Range Prepayment Offer means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit L, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.

  • Final Repayment Date means the date falling on the earlier of (i) the date falling on the sixth anniversary of the Drawdown Date and (ii) 30 November 2023.