Principal Payment Dates definition

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.

Principal Payment Dates means, unless otherwise determined by the Fiscal Officer and specified in the Certificate of Award, December 1 in each of the years from and including 2021 to and including 2022.

Principal Payment Dates means, unless otherwise determined by the Treasurer in the Certificate of Award, November 1 in each of the years specified in the Certificate of Award when principal of the Bonds is scheduled to be paid, either at maturity or pursuant to mandatory sinking fund redemption, provided that the earliest Principal Payment Date shall not be later than the first scheduled principal payment of the Refunded Bonds (either at maturity or by mandatory sinking fund redemption), and the latest Principal Payment Date shall not be later than November 1, 2049.

Examples of Principal Payment Dates in a sentence

• The following table sets forth the Principal Payment Dates of the Loan and the percentage of the total principal amount of the Loan payable on each Principal Payment Date (“Installment Share”).

• The following table sets forth the Principal Payment Dates of the Loan and the percentage of the total principal amount of the Loan payable on each Principal Payment Date (Installment Share).

• The Bonds shall mature or be payable pursuant to Mandatory Sinking Fund Redemption Requirements (as hereinafter defined and described) on the Principal Payment Dates in principal amounts as shall be determined by the Fiscal Officer, subject to subsection (c) of this Section, in the Certificate of Award, consistent with the Fiscal Officer’s determination of the best interest of and financial advantages to the City.

• The Director of Finance may adjust the Interest Payment Dates and Principal Payment Dates within the parameters set forth in this Section and based on the Director of Finance’s judgment as to the best interest of the City.

• The Bonds shall mature on such Principal Payment Dates and in such amounts as shall be determined by the Director of Finance, subject to the provisions hereinbelow set forth, in the Certificate of Award, consistent with the Director of Finance’s determination of the best interest of and financial advantages to the City.

More Definitions of Principal Payment Dates

Principal Payment Dates means, unless otherwise specified in the Certificate of Award, December 1 in each of the years from and including 2024 to and including 2043; provided that the first Principal Payment Date may be advanced up to one year and the last Principal Payment Date may be advanced or deferred by such number of years as determined necessary by the Director of Finance, and provided further that in no case shall the final Principal Payment Date exceed the maximum maturity limitation referred to in the preambles hereto, all of which determinations shall be made by the Director of Finance in the Certificate of Award in such manner as to be in the best interest of and financially advantageous to the City.

Principal Payment Dates means (i) the Quarterly Dates falling on or nearest to March 31, June 30, September 31 and December 31 of each year, commencing with September 30, 2001 through and including June 30, 2006 and (ii) March 1, 2006 and August 1, 2006 (or, if such day is not a Business Day, the next preceding Business Day).

Principal Payment Dates means August 1 of each year, commencing on August 1,

Principal Payment Dates means, unless otherwise determined by the Treasurer in the Certificate of Award, December 1 in each of the years specified in the Certificate of Award when principal of the Bonds is scheduled to be paid, either at maturity or pursuant to Mandatory Redemption Requirements or Mandatory Sinking Fund Requirements, provided that in no case shall the total number of annual Principal Payment Dates exceed the maximum maturity of the Bonds referred to in the preambles hereto, and further provided that the total number of annual Principal Payment Dates shall not be less than 27.

Principal Payment Dates means, unless otherwise determined by the Treasurer in the Certificate of Award, December 1 in all or a portion of the years from and including 2014 to and including 2016, provided that in no case shall the total number of Principal Payment Dates exceed the maximum maturity of the Bonds referred to in the preambles hereto.

Principal Payment Dates means the Quarterly Dates falling in March, June, September and December of each year, commencing with the Quarterly Date falling in September 2014, through and including the Maturity Date.

Principal Payment Dates means (a) the Quarterly Dates of each year, commencing with the Quarterly Date falling on or nearest to December 31, 2006 and (b) the Term Loan Maturity Date.