Funding Date Payment definition

Funding Date Payment is defined in Section 2.1(a).
Sample 1
Funding Date Payment. With respect to the proceeds of an Unfunded Class Funding, the payment to the holders of the Subordinated Notes of any portion of such proceeds designated for application as a “Funding Date Payment” in the Unfunded Class Funding Notice.
Sample 1
Funding Date Payment in the Unfunded Class Funding Notice to the holders of the Subordinated Notes. “GAAP”: The meaning specified in Section 6.3(j). “Global Notes”: Each Regulation S Global Note and Rule 144A Global Note. “Global Secured Note”: Any Regulation S Global Secured Note or Rule 144A Global Secured Note. “Global Subordinated Note”: Any Regulation S Global Subordinated Note or Rule 144A Global Subordinated Note. “Grant” or “Granted”: To grant, bargain, sell, convey, assign, transfer, mortgage, pledge, create and grant a security interest in and right of setoff against, deposit, set over and confirm. A Grant of the Assets or any other instrument shall include all rights, powers and options (but none of the obligations) of the granting party thereunder, including, the immediate continuing right to claim for, collect, receive and receipt for principal and interest payments in respect of the Assets and all other Monies payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring Proceedings in the name of the granting party or otherwise, and generally to do and receive anything that the granting party is or may be entitled to do or receive thereunder or with respect thereto. “Group I Country”: The Netherlands, Australia, New Zealand and the United Kingdom (or such other countries as may be specified in publicly available published criteria from Moody’s from time to time and/or identified by Moody’s to the Collateral Manager and the Collateral Administrator from time to time). “Group II Country”: Germany, Ireland, Sweden and Switzerland (or such other countries as may be specified in publicly available published criteria from Moody’s from time to time and/or identified by Moody’s to the Collateral Manager and the Collateral Administrator from time to time). “Group III Country”: Austria, Belgium, Denmark, Finland, France, Hong Kong, Iceland, Liechtenstein, Luxembourg, Norway and Singapore (or such other countries as may be specified in publicly available published criteria from Moody’s from time to time and/or identified by Moody’s to the Collateral Manager and the Collateral Administrator from time to time). “Hedge Agreement”: Any Interest Rate Hedge.
Sample 1

Examples of Funding Date Payment in a sentence

  • Payments of Principal and Interest: An initial payment will be due ---------------------------------- with respect to each Loan on the date such Loan closes (the "Funding Date Payment"), and will be paid from the loan proceeds to be disbursed at closing.

  • Payments of Principal and Interest: The first payment shall be due on the date that such loan closes (the "Borrower's Funding Date Payment"), and will be paid from the loan proceeds to be disbursed at closing.

  • Any such reduction shall be made pro rata among all holders of Purchaser Notes issued hereunder, in accordance with the then outstanding principal balance of each individual Purchaser Note, or pro rata as to all Sellers according to their ownership of the Company Shares where the reduction is from a Funding Date Payment.

  • The Funding Date Payment equals the amount of the interest payable for the period from the date of the funding of the Note, through and including the last day of the month in which funding occurs (unless funding has occurred on the first day of the month in which case, said interest is payable under paragraph 3.a.ii below).

  • All payments after the Borrower's Funding Date Payment through the maturity date shall be made on the first day of each calendar month (each a "Payment Date") (or if such date is not a business day, the first 622094.4 1:55PNI business day of the month), in United States dollars and in immediately available funds, at such place or places as the Lender may request.

  • The Funding Date Payment for each Loan will be in an amount equal to the interest accruing on such Loan during the period from (and including) the date such loan closes to (but excluding) the first day of the calendar month next succeeding the month in which the Loan is funded (unless funding occurs on the first day of the month) and the interest and principal due on the first Payment Date.

  • In the event an Offset Funding occurs, any obligation of the holder(s) of the Unfunded Class to contribute to the applicable Funded Amount and any obligation of the Issuer to make a Funding Date Payment shall be deemed satisfied and the Unfunded Class Funding with respect to the Unfunded Class shall be deemed to have occurred.

Related to Funding Date Payment

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

  • 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).

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Aggregate Payments as defined in Section 7.2.

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

  • Payment/Advance Form is that certain form attached hereto as Exhibit B.

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

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Payment Amount has the meaning specified in Section 6.1.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).

  • 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:

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

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