Purchase Payment Date definition

Purchase Payment Date means the date specified in the Particulars of Award;
Sample 1Sample 2
Purchase Payment Date has the meaning set forth in Section 5.5(c);
Sample 1Sample 2
Purchase Payment Date means any day on which the Purchase Price of the Bonds shall be due and payable.
Sample 1

Examples of Purchase Payment Date in a sentence

  • While this Rider is in force, the Benefit Base will be increased by the amount of each Purchase Payment made on or before the GWB Purchase Payment Date, plus an amount determined by multiplying any applicable GWB Bonus Rate specified on the Contract Schedule to such Purchase Payment.

  • For each Purchase Payment made on or before the GWB Purchase Payment Date shown in the Contract Schedule, the Guaranteed Withdrawal Amount will be reset equal to the greater of a) the Guaranteed Withdrawal Amount before the Purchase Payment and b) the Benefit Base after the Purchase Payment.

  • The GWB Purchase Payment Date is the last date that Purchase Payments can reset the Guaranteed Withdrawal Amount, Benefit Base or Annual Benefit Payment as defined below.

  • When a Purchase Payment is made after the GWB Purchase Payment Date, the Guaranteed Withdrawal Amount will not change.

  • For each Purchase Payment made on or before the GWB Purchase Payment Date, the Annual Benefit Payment will be reset equal to the greater of a) the Annual Benefit Payment before the Purchase Payment and b) the GWB Withdrawal Rate multiplied by the Benefit Base after the Purchase Payment.

  • Holders of Notes that are subject to an offer to purchase will receive a Excess Proceeds Offer from the Company prior to any related Purchase Payment Date and may elect to have such Notes purchased by completing the form entitled "Option of Holder to Elect Purchase" appearing below.

  • In the event that seven (7) days prior to a Purchase Payment Date there are insufficient moneys in the Qualified Obligations Account to pay the amounts required by paragraph (b) of this Section 5.02 on the due date thereof, the City will notify the Trustee not later than five (5) days prior to the Purchase Payment Date thereof that the amount available in the Qualified Obligations Account is less than the amount required on the following Purchase Payment Date.

  • Not later than 30 days following a Change of Control or Fundamental Transaction, the Company will make an Offer to Purchase all outstanding Notes (a “Change of Control Offer”) at a purchase price equal to one hundred fifty percent (150%) of the principal amount thereof plus accrued and unpaid interest, if any, to (but not including) the Offer to Purchase Payment Date.

  • Repurchase of Notes Upon a Change of ControlNot later than 60 days following a Change of Control, the Company will make a Change of Control Offer (as defined herein) at a purchase price equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to (but not including) the Offer to Purchase Payment Date (as defined herein).

  • The City shall have the right to satisfy all or any part of any 2022 Purchase Payment due on a Purchase Payment Date by delivering, or causing to be delivered, to the Trustee (not less than 45 days in advance of the date on which such 2022 Purchase Payment was due) Outstanding 2022 Bonds maturing on such Purchase Payment Date, purchased or optionally redeemed by the Authority.

Related to Purchase Payment Date

  • Purchase Payment A payment made toward this Contract.

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • Warranty Purchase Payment means, with respect to a Payment Date and to a Warranty Receivable repurchased by the Seller as of the close of business on the last day of the related Collection Period, the sum of (a) the unpaid principal balance owed by the Obligor in respect of such Receivable plus (b) interest on such unpaid principal balance at a rate equal to the related APR to the last day in the related Collection Period.

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

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

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

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

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

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

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

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

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

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

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • 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.

  • Payment Date means the last day of each March, June, September and December.

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

  • 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.

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

  • Deferred Sales Charge Payment Date means October 10, 2013 and the tenth day of each month thereafter through February 10, 2014.

  • Installment Date as defined in Section 2.12.