Opening Prepayment Date definition

Opening Prepayment Date means the date which occurs twenty-four (24) months after the last Advance hereunder.
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Opening Prepayment Date means the date which occurs twenty-four (24) months after the date on which the last Advance is made under the terms of the Original Agreement as amended by this Third Amendment.
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Opening Prepayment Date the date (or if not a Business Day, the first Business Day thereafter) two (2) years after the date of the last Advance.
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Examples of Opening Prepayment Date in a sentence

  • Commencing on the Receivables Loan Opening Prepayment Date, Borrower shall have the option to prepay the Receivables Loan on any Installment Date, upon thirty (30) days' prior written notice, accompanied by the simultaneous payment of the applicable Receivables Loan Prepayment Premium.

  • Year 2 begins upon the expiration of Year 1 (i.e. the first anniversary of the Opening Prepayment Date).

  • Commencing on the Opening Prepayment Date applicable to a given Advance, Borrower shall have the option to prepay such Advance in full but not in part on any Installment Date, upon thirty (30) days prior written notice.

  • Borrower may prepay the Loan in full, but not in part, at any time prior to the Opening Prepayment Date if (a) Lender fails to approve a written request by Borrower to extend the Borrowing Term or to increase the Maximum Loan Amount, (b) such prepayment is required in good faith by another institutional lender providing additional financing to Borrower, and (c) at the time of the prepayment Borrower pays to Lender a prepayment premium equal to 4% of the then unpaid principal balance of the Loan.

  • Inventory Loan Opening Prepayment Date: the earlier of (a) April 30, 2001 or (b) the date which is twelve (12) months from the first Advance of the proceeds of the Inventory Loan.


More Definitions of Opening Prepayment Date

Opening Prepayment Date means the date which occurs thirty-six (36) months from the Closing Date.
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Opening Prepayment Date the date (or if not a Business Day, the first Business Day thereafter) one (1) year after the Closing Date.
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Opening Prepayment Date with respect to Loan Segment A Advances, February 1, 1996; and with respect to Loan Segment B Advances, two (2) years after the date of the last Advance.
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Opening Prepayment Date the date identified in the Schedule as the Opening Prepayment Date.
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Opening Prepayment Date the date identified in the Schedule as the Loan Opening Prepayment Date.
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Opening Prepayment Date the date set forth in Supplement I.
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Opening Prepayment Date the date three (3) years after the date of the final Advance. 1.24 Project: Powhatan Plantation, 3601 Xxxxxxxxx Xxxx, Xxxxx Xxxxx 000, Xxxxxxxxxxxx (Xxmex Xxxy County) , Virginia, consisting of Phases I, IIA, IIB, IIB Extended III, V and (subject to amendment of Greyhound's Deed of Trust to include inventory in such phases) subsequent phases. 1.32 Time-Share Estate: an undivided one-fifty-second (1/52) co-tenancy interest in a unit in the Project. 2.3 Uses of Loan: working capital purposes.
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