Initial Principal Payment Date definition

Initial Principal Payment Date means the first Quarterly Payment Date to occur on or after the date that is ninety days following the Project Completion Date.

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Initial Principal Payment Date means initially the [April 2001] Distribution Date, but will successively and automatically be extended to the next Distribution Date after the then-current Initial Principal Payment Date unless the Servicer elects not to so extend; provided, however, that the Initial Principal Payment Date may not be later than the Class A Scheduled Payment Date.

Initial Principal Payment Date means the first scheduled Interest Payment Date in respect of Eurodollar Loans falling after the Conversion Date (or, in the event that all of the Loans in existence at such time are ABR Loans, the first scheduled Interest Payment Date in respect of ABR Loans falling after the Conversion Date).

Examples of Initial Principal Payment Date in a sentence

The Servicer shall effect an election not to extend the Initial Principal Payment Date by delivering a written notice (the "Notice Not to Extend") to the Trustee stating that BCI elects, effective as of a Distribution Date stated in the notice (the "Effective Distribution Date"), that the Initial Principal Payment Date not be extended beyond such Effective Distribution Date.
The Initial Principal ------------------------------ Payment Date will be successively and automatically extended to the next Distribution Date unless the Servicer elects not to so extend the Initial Payment Date and provided that the Initial Principal Payment Date shall not be extended beyond the Class A Expected Final Payment Date.
Each quarterly installment will be due on the first date of each quarterly period (April 1, July 1, October 1, January 1) for the period beginning on the Initial Principal Payment Date and ending on January 1, 2015.
Notwithstanding anything contained in this Section 2.2(c) to the contrary, if a Default or Event of Default occurs during the Extension Period, then the Initial Principal Payment Date and the Monthly Term Loan Amortization Amount shall be modified as indicated below depending on the month of such Default or Event of Default.
The Company shall only pay interest in cash in arrears to the Holder commencing simultaneously with the Initial Principal Payment Date.

More Definitions of Initial Principal Payment Date

Initial Principal Payment Date is defined in Section 2.2(b)(i).

Initial Principal Payment Date means the February 2000 ------------------------------ Distribution Date; provided, that unless BCI elects not to extend the Initial -------- Principal Payment Date in accordance with the terms of Section 4.12, the Initial Principal Payment Date shall be extended successively and automatically from one Distribution Date to the next to, but not later than, the Class A Expected Final Payment Date.

Initial Principal Payment Date means the Payment Date in July, 2015.

Initial Principal Payment Date shall have the meaning set forth in any Supplement.

Initial Principal Payment Date if applicable, shall mean the date specified as such in the attached Term Sheet; provided, however, that the Initial Principal Payment Date shall automatically be extended pursuant to the provisions of Section 7.03.

Initial Principal Payment Date if applicable, shall mean the date specified as such in the attached Term Sheet.

Initial Principal Payment Date. Section 2.4(b)