Normal Repayment Date definition

Normal Repayment Date means in relation to any Participant the first day of the month following the date on which the Participant makes, or should have made, the final specified contribution (as defined in Rule 3.3) to the Savings Plan and for this purpose the starting date of the Savings Plan shall be the first day of the month following that in which the first such specified contribution is made to the Savings Plan;
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Examples of Normal Repayment Date in a sentence

  • A Participant who reaches the Specified Age prior to the Normal Repayment Date but continues to hold the office or employment by virtue of which he is eligible to participate in the Plan may exercise the Option within six months after the date of his reaching the Specified Age.

  • Save as otherwise provided, an Option may not be exercised until the Normal Repayment Date.

  • Rule 9.4 shall be amended by adding the phrase “, but in any event not later than November 15th of the calendar year of the Normal Repayment Date (except to the extent that such Award is deemed to be exercised in accordance with Rule 7.4)” after the words “that person remains so bound or entitled”.

  • Subject only to the provisions of Rule 7.7 below, no Option may be exercised later than six months after the Normal Repayment Date.

  • If an Option becomes exercisable under any provision of the Plan before the Normal Repayment Date it shall be exercisable only to the extent permitted by Rules 7.1 and 7.3 above.

  • Subject only to the provisions of Rule 7(G) below, no Option may be exercised later than six months after the Normal Repayment Date.

  • The entire Principal Amount, or if lesser, the then unpaid principal balance outstanding under this Agreement, shall be due and payable by Borrower on May 16, 2001 (the "Normal Repayment Date"), together with all unpaid accrued interest and other charges due hereunder, unless earlier due and payable by reason of the acceleration of the maturity of the Principal Amount due hereunder pursuant to the terms of this Agreement.

  • If an Option becomes exercisable under any provision of the Plan before the Normal Repayment Date it shall be exercisable only to the extent permitted by Rules 7(A) and (C) above.

  • Rule 9(D) shall be amended by adding the phrase “, but in any event not later than November 15th of the calendar year of the Normal Repayment Date, “ after the words “as defined in paragraph 15(2) of Schedule 9”.

  • Rule 9(E) shall be deleted and replaced with the following:(E)If the Company passes a resolution for voluntary winding up, any Subsisting Option may be exercised at any time within six months of the passing of the resolution or by November 15th of the calendar year of the Normal Repayment Date in respect of such Subsisting Option (except to the extent that such Subsisting Option is deemed to be exercised in accordance with Rule 7(D)), whichever is earlier.

Related to Normal Repayment Date

  • 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.

  • 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 Facility Repayment Date.

  • Repayment Date means, when used with respect to any Security to be repaid at the option of the Holder, the date fixed for such repayment by or pursuant to this Indenture.

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

  • 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).

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

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Repayment Dates means, subject to clause 7.3, each of the dates falling at six (6) monthly intervals after the Drawdown Date up to and including the date falling one hundred and forty four (144) months after the Drawdown Date;

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • 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.

  • 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;

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

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

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Anticipated Repayment Date With respect to any ARD Mortgage Loan, the date specified in the related Mortgage Note, as of which Post-ARD Additional Interest shall begin to accrue on such Mortgage Loan, which date is prior to the Stated Maturity Date for such Mortgage Loan.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

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

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • 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 Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Expected Maturity Date means June 15, 2021.

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.