Reimbursement Payment Date definition
Examples of Reimbursement Payment Date in a sentence
On such Reimbursement Payment Date, Pledgor shall make a cash payment to Secured Party, by wire transfer of immediately available funds to an account designated by Secured Party, in an amount equal to the aggregate amount of Borrow Costs specified in such notice.
After Hospital has paid the Hospital Final Reimbursement Payment, it shall thereafter continue to be responsible for payment to the Contractor of the Certified Cost to Complete as at the Final Reimbursement Payment Date on a progress payment basis in the manner and at the times contemplated by the Construction Contract.
Subject to Sections 3.7 and 3.13, Hospital covenants and agrees with Project Co to pay to Project Co the Hospital Final Reimbursement Payment and the applicable Value Added Taxes on the Final Reimbursement Payment Date.
Subject to Sections 3.5 and 3.13, Hospital covenants and agrees with Project Co to pay to Project Co the Interim Reimbursement Payment Amount and the applicable Value Added Taxes on the Interim Reimbursement Payment Date.
Final Reimbursement Payment Date means the tenth (10th) Business Day following the later of the date of delivery by the Consultant of a certificate of substantial performance in accordance with the Construction Lien Act (Ontario) under GC 5.5.3 and the delivery by the Consultant of its report under GC 5.5.4 to the Owner confirming that Substantial Performance of the Work has been achieved.
Interim Reimbursement Payment Date means the tenth (10th) Business Day following the date of delivery by the Consultant of its report under GC 5.4A.2 to the Owner confirming Completion of the Interim Work.
Financing means the financing with the Lender that is consistent in all material respects with the Financial Model to finance the Base Progress Payments until, as applicable, the Interim Reimbursement Payment Date and the Final Reimbursement Payment Date.
Subject to Sections 3.7 and 3.13, Hospital covenants and agrees with Project Co to pay to Project Co the Hospital Final Reimbursement Payment together with Value Added Tax thereon on the Final Reimbursement Payment Date.
In addition, the Sublessee acknowledges and agrees that the nature of its business, and the risks to the general public inherent therewith, require constant monitoring, maintenance and precise operation of the Demised Premises, and that American is liable and responsible to the Landlord for the operation and maintenance of the Demised Premises under the terms of the Base Lease.
Any amount by which an amount of compensation is reduced pursuant to paragraph (i) above will be deemed part of the Reimbursement Amount from the Reimbursement Payment Date on which, absent paragraph (i) above, that amount would have been payable in accordance with paragraphs (b) and (c) above, and compensation will accrue on it accordingly.