Repayment Commencement Date definition

Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline.
Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline. SECTION 2 - FINANCIAL ASSISTANCEOBDD shall provide Recipient, and Recipient shall accept from OBDD, financing for the Project as a non-revolving loan (the “Loan”) in an aggregate principal amount not to exceed the Loan Amount.Notwithstanding the above, the aggregate total of Financing Proceeds disbursed under this Contract cannot exceed the Costs of the Project. SECTION 3 - DISBURSEMENTS
Repayment Commencement Date means (a) with respect to the Tranche A Guaranteed Credit, the fifteenth (15th) day of the month in which the date falling six (6) months after the earlier of (i) the Phase II Interim Completion Date occurs, and (ii) January 15, 2010; and (b) with respect to the Tranche B Guaranteed Credit, the fifteenth (15th) day of the month in which the date falling six (6) months after the earlier of (i) the Phase II Completion Date occurs, and (ii) January 15, 2012.

Examples of Repayment Commencement Date in a sentence

  • Starting on the Repayment Commencement Date and then on each succeeding Payment Date, Recipient shall make level installment payments of principal and interest, each payment sufficient to pay the interest accrued to the date of payment and so much of the principal as will fully amortize the Loan by the Maturity Date, on which date the entire outstanding balance of the Loan is due and payable in full.

  • All unpaid interest accrued to the Repayment Commencement Date is (in addition to the first regular installment payment due) payable on the Repayment Commencement Date.

  • Repayment Commencement Date The fourth anniversary of the date of first drawdown of the loan or such other date as agreed between the Lender and Borrower.

  • The first repayment instalment will be payable on the Repayment Commencement Date.

  • The first income based repayment instalment will be payable on the Repayment Commencement Date.

  • The amount of my monthlypayment will be equal to the amount that would be sufficient to repay in full by the Maturity Date, in substantially equal monthly payments, the unpaid principal balance (including the deferred interest of this Loan Agreement) as of the Repayment Commencement Date plus interest thereon at the stated interest rate.

  • My installments will be due on the 28th day of every month starting on the Repayment Commencement Date.

  • I will repay this Loan Agreement beginning on the Repayment Commencement Date in consecutive monthly installments in U.S. dollars until the Maturity Date (defined above).

  • Principal and interest (together with accrued interest) in respect of The Xxxxxxx Construction Loan shall, subject to the repayment deferral contemplated below, be payable monthly in advance in 12 equal blended monthly installments per annum of principal and interest without demand from and after The Xxxxxxx Repayment Commencement Date.

  • Prior to the Loan Repayment Commencement Date, Lender shall determine the sum of (i) the Capitalized Interest and (ii) the total amount of interest payable under Section 1.2 from the Loan Repayment Commencement Date through the Maturity Date (such sum shall be referred to as the "Total Interest Payable").


More Definitions of Repayment Commencement Date

Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline.SECTION 2 - FINANCIAL ASSISTANCECommitment. The IFA shall provide Recipient, and Recipient shall accept from IFA, financing for the Project specified below:
Repayment Commencement Date means the Payment Date falling on the two year anniversary of the Closing Date.
Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline. Section 2 - Financial AssistanceThe OBDD shall provide Recipient, and Recipient shall accept from OBDD, financing for the Project specified below:
Repayment Commencement Date means the first Payment Date to occur thirteen months after the first disbursement is made.

Related to Repayment Commencement Date

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Offering Commencement Date means the first day of each Offering Period.

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Billing Commencement Date means the earlier of:

  • Reemployment Commencement Date means the first day following a One-Year Period of Severance on which an Employee is entitled to be credited with an Hour of Service described in Paragraph (a)(1) of the definition of “Hour of Service” in this Article.

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Recommencement Date As defined in Section 6(d) hereof.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

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

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.