Prepayment Installment definition

Prepayment Installment means the amount of the prepaid principal which would have been paid on a single Original Payment Date.
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Prepayment Installment has the meaning set forth in Exhibit 1 Prepayment.
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Prepayment Installment any installment of principal designated as a prepayment on the Term Note.
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Examples of Prepayment Installment in a sentence

  • The Bank will then subtract, from each monthly interest amount determined in (i) above, the amount of interest which would accrue for that Prepayment Installment if it were reinvested from the date of prepayment through the Original Payment Date, using the Treasury Rate.

  • The Bank will then subtract from each monthly interest amount determined in (i) above the amount of interest which would accrue for that Prepayment Installment if it were reinvested from the date of prepayment through the Original Payment Date using the Treasury Rate.

  • If (i) minus (ii) for the Prepayment Installment is greater than zero, the Bank will discount the monthly differences to the date of prepayment by the Treasury Rate.

  • The Bank will first determine the amount of interest which would have accrued each month for the Prepayment Installment had it remained outstanding until the applicable Original Payment Date, using the interest rate applicable to the Prepayment Installment under this Note.

  • The Bank will then add together all of the discounted monthly differences for the Prepayment Installment.

  • The Bank will first determine the amount of interest which would have accrued each month for the Prepayment Installment had it remained outstanding until the applicable Original Payment Date using the interest rate applicable to the Prepayment Installment under this Note.

Related to Prepayment Installment

  • Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Prepayment Price Has the meaning specified in Section 6.02(b) of the Indenture.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Mandatory Prepayment Date as defined in Section 2.12(e).

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