Repayment Commencement Date definition

Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline.
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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
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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.
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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.


More Definitions of Repayment Commencement Date

Repayment Commencement Date means the Payment Date falling on the two year anniversary of the Closing Date.
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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:
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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:
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Related to Repayment Commencement Date

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

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