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Optional Payment Date definition

Optional Payment Date means any date during the term of this Contract upon which the City may unconditionally purchase the Project for the then applicable Option Price as provided in Section 1302 hereof.
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Optional Payment Date means the Business Day which the City may elect pursuant to Section 14.01 hereof to purchase the Leased Property for the then applicable Option Price.
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Optional Payment Date means any March 1 or September 1 during the term of the Lease upon which the Lessee may purchase the Project for the then applicable Option Price, in accordance with Section 13.01 of the Lease.
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Examples of Optional Payment Date in a sentence

  • Notwithstanding the foregoing in the event that the Borrower has delivered an Optional Redemption Notice to the Holder the Holder shall still be entitled to effectuate conversions as contemplated under Section 1 until the business day immediately prior to the Optional Payment Date.

  • To exercise such option, the Servicer shall deposit the Optional Purchase Price into the Collection Account on the Business Day prior to the Optional Payment Date.

  • On the Optional Payment Date, the Senior Secured Notes Issuer will apply the proceeds of such optional redemption in repayment of the Senior Secured Notes (including any accrued unpaid interest thereon) without penalty or premium.

  • On the Optional Payment Date, the Secured Notes Issuer shall apply the proceeds of such optional redemption in repayment of the Secured Notes (including any accrued unpaid interest thereon) without penalty or premium.

  • The deposit of funds sufficient to pay the Option Price attributable to the Released Property plus the portion of interest on the Series 2015 Bonds allocable to the Released Property, on the Optional Payment Date pursuant to the terms of the Escrow Agreement is hereby ratified, confirmed and approved.

  • The Custodian will deliver the Optional Secondary Securities being purchased on each Optional Payment Date to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives against payment of the purchase price for the Secondary Securities in Federal (same day) funds by official bank check or checks or wire transfer to an account at a bank acceptable to the Representatives drawn to the order of [—].

  • The notice shall state the intent of the City to prepay a portion of its Base Rentals, the proposed Optional Payment Date, the proposed Optional Redemption Date for the Bonds to be redeemed, and the principal amount of the Bonds to be redeemed.

  • The City hereby agrees to deposit with the Trustee an amount equal to such purchase price on or before the Optional Payment Date.

  • The Company will deliver the Optional Primary Securities being purchased on each Optional Payment Date to or as instructed by the Representatives for the accounts of the several Underwriters in a form reasonably acceptable to the Representatives.

  • That the Optional Payment Date cannot be changed once selected; that I may change the level of deferral under this Agreement by providing at least 30 days' notice; and that participation will be governed by the Agreement.


More Definitions of Optional Payment Date

Optional Payment Date means any date during the Lease Term as specified in the Lease upon which the District, pursuant to Section 11.1 of the Lease, may elect to purchase the Facilities for the then applicable Option Purchase Price.
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Optional Payment Date means the Business Day which the City may elect, pursuant to Section
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Related to Optional Payment Date

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

  • 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.

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

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

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • 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.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

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

  • Scheduled Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, the scheduled due date of any payment of principal on such Notes, as specified in the related Indenture Supplement, or if such day is not a Business Day, the next following Business Day, unless such day is in the next calendar month, in which case such Scheduled Principal Payment Date, unless otherwise specified in the related Indenture Supplement, will be the last Business Day of the current calendar month.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Class B Final Scheduled Payment Date means the December 15, 2025 Payment Date.

  • Installment Date as defined in Section 2.12.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Change of Control Payment Date has the meaning provided in Section 4.15.

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

  • 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).

  • Class C Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

Most Referenced Clauses

Most Referenced Definitions