Examples of Loan Payment Dates in a sentence
Interest on each Loan is due to be paid quarterly in arrear on designated payment dates for such Loan (each, a "Loan Payment Date") and amortisation payments (where required to be made) are also made on Loan Payment Dates in accordance with a pre-determined amortisation schedule.
JUNIOR LOAN Outstanding principal balance as at the Closing Date: €20,400,000 Loan purpose: General corporate purposes Junior Loan Payment Dates: Interest will accrue and be payable on the Junior LoanMaturity Date.
Given that there are more days between the Closing Date and the first Interest Payment Date than there are between the Closing Date and the relevant Loan Payment Dates that fall immediately after the Closing Date, an accrual period mismatch arises (the "Accrual Mismatch").
Unless (i) otherwise expressly provided in the Financing Documents, or (ii) Holder agrees otherwise in writing, if Holder accepts and applies any partial Prepayment, Holder will not change the Project Loan Payment Dates, nor will it change the amount of any required monthly payments.
Monthly Deposits Each of the following Reserve Deposit amounts must be deposited with Funding Lender on successive Project Loan Payment Dates in accordance with Article IV.