Payoff Period definition

Payoff Period. For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.
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Payoff Period. For the WMB Loans and for the first Distribution Date, the period from the Cut-Off Date through March 14, 2007, inclusive; and for the WMB Loans and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive. For the Countrywide Loans and for any Distribution Date, the Prior Period for such Distribution Date.
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Payoff Period. With respect to the first Distribution Date, the period from the Cut-Off Date through October 14, 1997, inclusive; and with respect to any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.
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Examples of Payoff Period in a sentence

  • If your interest rate increases pursuant to the paragraph above in this Section, the result is that you would be required to make larger monthly payments so that your loan is paid off within the remaining Payoff Period defined in the chart in the immediately following section.

  • At the time of each credit advance a payoff period will be established based upon the following chart for the outstanding balance then owed at the time of the last advance: Range of Balances Payoff Period Up to $10,000.00 60 Monthly Payments $5,000.01 to $20,000.00 96 Monthly Payments $20,000.01 and Above 120 Monthly Payments The length of the repayment period will depend on the balance at the time of the last advance you obtain before the draw period ends.

  • Upon the expiration of the Conditional Payoff Period, Guarantor unconditionally and absolutely agrees to pay the then unpaid amount of the Guaranteed Obligations.

  • In the event the Loan Payoff Amount is paid by FreshRealm to Calavo within the Loan Payoff Period, the Senior Amended Note, the Second Note and Amended Security Agreements shall be terminated by Calavo, and Calavo shall promptly terminate any security interest filings that it may have filed against the assets and collateral of FreshRealm.

  • This preparation would,Table 1 Benefits and Costs to the Government of Selected Education Programs in the Stateof Washington over a Short-Term Payoff Period and over a Working LifetimeShort-term Working lifetimeProgramNOTE: Table entries are for average participant.

  • In the event Company pays to Holder the Loan Payoff Amount pursuant to the terms of the Separation Agreement and prior to the expiration of the Loan Payoff Period, then this Warrant and Holder's right to receive the Warrant Units, subject to the terms hereof, shall terminate.

  • As to any Payment Date, with respect to (i) Payoffs, the Payoff Period, and (ii) Curtailments, the calendar month preceding the month in which such Payment Date occurs.

  • For any fiscal year commencing after the expiration of the Conditional Payoff Period, Capital Expenditures shall not exceed $1 million.

  • Prior to any Unit employee accepting outside employment, he or she shall request and receive authorization from the Department Head.

  • If you are an individual, upon your death, your Distributorship may be passed on to your heirs, or other beneficiaries whether by will, intestate succession, or otherwise.


More Definitions of Payoff Period

Payoff Period with interest to the date of Payoff or liquidation less any amounts to be withdrawn later by the applicable Servicers from the applicable Buydown Fund Accounts; and
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Payoff Period shall have the meaning specified in Section 14.5(a).
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Payoff Period. With respect to any Distribution Date, the period from the first day of the month of such Distribution Date through the fourteenth day of such month.
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Payoff Period. As defined in Section 4.01(d).
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Payoff Period. With respect to the first Distribution Date, the period from the Cut-Off Date through May 14, 1999, inclusive; and with respect to any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive Percentage Interest: (a) With respect to the right of each Certificate of a particular Class in the distributions allocated to such Class, "Percentage Interest" shall mean the percentage undivided beneficial ownership interest evidenced by such Certificate of such Class, which percentage shall equal: (i) with respect to any Certificate (other than the Residual, Class I-A-1, Class I-A-9 and Class X Certificates), its Certificate Principal Balance divided by the applicable Class Principal Balance; (ii) with respect to the Class X and Class I-A-9 Certificates, the portion of the respective Class Notional Amount evidenced by such Certificate divided by the respective Class Notional Amount; (iii) with respect to the Class I-A-1 Certificates, its Certificate Principal Balance divided by the applicable Class Principal Balance; provided that if the Class I-A-1 Principal Balance has been reduced to zero but the respective Component Notional Amounts thereof are greater than zero, the aggregate of the Component Notional Amounts evidenced by such Certificate divided by the aggregate of the Component Notional Amounts of Component I-A-1; and (iv) with respect to the Residual Certificates, the percentage set forth on the face of such Certificate.
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Related to Payoff Period

  • Sell-Off Period has the meaning set forth in Section 11.6(a) hereof.

  • Tariff period means the period for which tariff is to be determined by the Commission on the basis of norms specified under these Regulations;

  • Acquisition Period means the period ending five (5) business days prior to

  • Scheduled Black-Out Period means the period from and including the last day of a fiscal quarter of the Company to and including the business day after the day on which the Company publicly releases its earnings for such fiscal quarter.

  • Shelf Period has the meaning set forth in Section 2.02(b).

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Post-Transaction Period means, with respect to any Specified Transaction, the period beginning on the date such Specified Transaction is consummated and ending on the last day of the eighth full consecutive fiscal quarter immediately following the date on which such Specified Transaction is consummated.

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Run-out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • PAGA Pay Period means any Pay Period during which an Aggrieved Employee worked for Defendant for at least one day during the PAGA Period.

  • Ramp Period The Ramp Period begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Earnout Period has the meaning specified in Section 2.03(a).

  • Payback Period means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties.

  • Period End Date The 15th day of each calendar month, with Adjustment. Fixed Rate: [ ]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: [ ]. Floating Rate Payer Payment Dates: The 15th day of each calendar month commencing on [ ], subject to adjustment in accordance with the Following Business Day Convention.

  • PAGA Period means the period from May 10, 2021, through April 4, 2023.

  • Lock-out Period means the period from, and including, the day following the Interest Determination Date to, but excluding, the corresponding Interest Payment Date;

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Earn-Out Period has the meaning set forth in Section 2.3(a).

  • Pre-Deconsolidation Period means any Tax Period ending on or before the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Deconsolidation Date.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Sale Period has the meaning set forth in Section 7.1(g)(iii).

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.