Repayment Cap definition

Repayment Cap means with respect to any date of determination, the Certificate Principal Balance on the Closing Date multiplied by 0.0075.
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Repayment Cap means amount that is 2.0x the Amount of the Loan.
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Repayment Cap means the maximum amount Athlete can be obliged to pay to TokenStars.
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Examples of Repayment Cap in a sentence

  • If the sum of the three Pro-Rata Shares do not equal the Repayment Cap, Company shall pay the Investor/Lender the difference between the sum of the three Pro-Rata Shares and the Repayment Cap, which amount shall be paid on December 1, 2019, i.e., concurrent with the payment of the third Pro-Rata Share.

  • Therefore, under this Agreement, the Investor/Lender will receive no more and no less than exactly the amount of the Repayment Cap, except in the Event of a Default or Permitted Deferral, as set forth herein.

  • This Agreement shall terminate when the Investor/Lender is paid the amount equal to the Repayment Cap.

  • The Company may prepay to the Investor/Lender any portion of any Pro-Rata Share up to the Repayment Cap at any time at its sole and unfettered discretion.

  • The Company hereby agrees that in no circumstance is the Company liable to pay any award of damages exceeding the Repayment Cap.

  • Any provision of this instrument (other than the Repayment Cap) may be amended, waived or modified as follows: upon the written consent of the Company and the holders of a majority in principal of the Loan Amounts raised in this offering.

  • Risk-based pricing is used to determine the contractual terms of the investment, notably the Principal Amount, Revenue Rate, and Repayment Cap.

  • Subject to the Quarterly Principal Repayment Cap, the amount of any quarterly principal payments during any fiscal year of the Company is based on (x) a percentage of the year-to-date net revenue of the Company through the end of such quarter less (y) any prior quarterly principal and interest payments made during such fiscal year.

Related to Repayment Cap

  • 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.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • 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.

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

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Final Repayment Date means the date falling on the earlier of (i) the date falling on the sixth anniversary of the Drawdown Date and (ii) 30 November 2023.

  • 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.

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

  • 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.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Loan repayment means the cancellation and repayment of loans

  • prepayment meter means a meter that can be programmed to allow the flow of pre-purchased amounts of energy in an electrical circuit;

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

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • 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.

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Excess Prepayment Interest Shortfall With respect to any Distribution Date, the aggregate of any Prepayment Interest Shortfalls resulting from any Principal Prepayments made on the Mortgage Loans to be included in the Aggregate Available Funds for such Distribution Date that are not covered by the Master Servicer’s Compensating Interest Payment for such Distribution Date and/or the portion of any compensating interest payments allocable to any Outside Serviced Mortgage Loan to the extent received from the related Outside Master Servicer.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).