Growth Capital Final Payment definition

Growth Capital Final Payment means a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earlier of (a) the Growth Capital Maturity Date, (b) any prepayment of the Growth Capital Advance, or (c) the acceleration of such Growth Capital Advance, equal to the Growth Capital Advance multiplied by the Growth Capital Final Payment Percentage.
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Growth Capital Final Payment means a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earlier of (i) the Growth Capital Maturity Date, (ii) any prepayment of the Growth Capital Advances, or (iii) the acceleration of the Growth Capital Advances, equal to the Growth Capital Advances multiplied by the Growth Capital Final Payment Percentage.
Sample 1Sample 2Sample 3
Growth Capital Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earlier to occur of (a) the Growth Capital Maturity Date, (b) the acceleration of the Growth Capital Advance, or (c) the prepayment of the Growth Capital Advance, in the amount of One Million Five Thousand Six Hundred Forty-Five Dollars and 73/100 ($1,005,645.73) [provided the Effective Date is on or prior to March 31, 2010; otherwise the foregoing sum will be recalculated by Lenders]; to be shared among the Lenders as determined by the Lenders in their sole discretion.
Sample 1

Examples of Growth Capital Final Payment in a sentence

  • If the Growth Capital Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Collateral Agent for the ratable accounts of the Lenders an amount equal to the sum of: (i) all outstanding principal plus accrued interest, plus (ii) the Growth Capital Final Payment, plus (iii) the Prepayment Fee, plus (iv) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.

  • A portion of the Tranche A Advance will be used as necessary to repay in full all of the Obligations owing to Bank under the Existing Growth Capital Advances (including, without limitation, the Existing Growth Capital Final Payment).

  • However, these trees are generally widespread and occur extensively and the proposed development does not represent a threat to the status of these species, mainly as a result of the localised nature of the disturbance expected to be associated with the construction and operation of a substation of this nature.

  • On the Growth Capital Maturity Date with respect to each Growth Capital Advance, Borrower shall pay, in addition to the unpaid principal and accrued interest and all other amounts due on such date with respect to such Growth Capital Advance, an amount equal to the Growth Capital Final Payment.

  • If the Growth Capital Advance is accelerated following the occurrence of an Event of Default, Borrowers shall immediately pay to Lenders an amount equal to the sum of: (i) all outstanding principal plus accrued and unpaid interest on the Growth Capital Advance, (ii) the Prepayment Fee and the Growth Capital Final Payment, plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.

  • On the final Growth Capital Scheduled Payment Date with respect to each Growth Capital Advance, Borrower shall pay, in addition to the outstanding principal, accrued and unpaid interest, and all other amounts due on such date with respect to such Growth Capital Advance, an amount equal to the Growth Capital Final Payment.

  • If the Existing Growth Capital Loan is accelerated following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (A) all outstanding principal, plus accrued and unpaid interest thereon, plus (B) the Growth Capital Prepayment Fee, plus (C) the Growth Capital Final Payment, plus (D) all other sums, if any, that shall have become due and payable hereunder in connection with the Existing Growth Capital Loan.

  • If the Growth Capital Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal and accrued but unpaid interest, plus (ii) the Prepayment Fee, plus (iii) the Growth Capital Final Payment, plus (iv) all other sums, including Bank Expenses, if any, that shall have become due and payable.

  • If the Growth Capital Advances are accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of: (i) all outstanding principal plus accrued interest, (ii) the Growth Capital Final Payment, plus (iii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.

  • If Borrower shall receive a Redemption Request (as defined in Borrower’s Restated Certificate of Incorporation, as amended), Borrower shall immediately, and prior to any payment in respect of any such Redemption Request, pay to Bank an amount equal to the sum of (i) all outstanding principal and accrued but unpaid interest, plus (ii) the Prepayment Fee, plus (iii) the Growth Capital Final Payment, plus (iv) all other sums, including Bank Expenses, if any, that shall have become due and payable.


More Definitions of Growth Capital Final Payment

Growth Capital Final Payment means a fee in the amount of One Million Two Hundred Thousand Dollars ($1,200,000).
Sample 1
Growth Capital Final Payment means a fee in the amount of four percent (4.00%) of the total amount of the Growth Capital Advances.
Sample 1

Related to Growth Capital Final Payment

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Final Payout Date means the date on or after the Termination Date when (i) the Aggregate Capital and Aggregate Interest have been paid in full, (ii) all Borrower Obligations shall have been paid in full, (iii) all other amounts owing to the Credit Parties and any other Borrower Indemnified Party or Affected Person hereunder and under the other Transaction Documents have been paid in full and (iv) all accrued Servicing Fees have been paid in full.

  • Expected Final Payment Date means the March 2023 Distribution Date.

  • Class B-2 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Final Pay means any unpaid base salary with respect to the period prior to the effective date of Employee’s termination of employment.

  • Legal Final Maturity Date means the first Settlement Date on or after the date that is two years after the Termination Date.

  • Final Payment Percentage is five percent (5.00%).

  • Party B Final Exchange Amount The Sterling equivalent of the Party A Final Exchange Amount converted by reference to the Dollar Currency Exchange Rate.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Class B-5 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Principal Payment Any payment of principal on a Mortgage Loan other than a Principal Prepayment.

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Group I Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group I Senior Percentage of the Principal Payment Amount for Loan Group I, (b) the Group I Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group I and (c) the Group I Senior Liquidation Amount.

  • Group III Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group III Senior Percentage of the Principal Payment Amount for Loan Group III, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group III, and (iii) the Group III Senior Liquidation Amount.

  • Interim Payment has the meaning specified in Section 10.1.

  • Group II Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group II Senior Percentage of the Principal Payment Amount for Loan Group II, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group II, and (iii) the Group II Senior Liquidation Amount.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Exit Date means the date on which the insurance cover of the Scheme Member ceases due to occurrence of any of the following events:

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Class B-1 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Class E Final Scheduled Payment Date means the Payment Date occurring in June 2023.

  • Group 1 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 1 Senior Percentage of the Principal Payment Amount for Loan Group 1, (b) the Group 1 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 1 and (c) the Group 1 Senior Liquidation Amount.