Service Payment Date definition

Service Payment Date has the meaning set forth in Section 5.5(a).
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Service Payment Date means each Rental Payment Date falling in a calendar month subsequent to the month in which invoices for the Service Amount are submitted pursuant to Clause 4.2.
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Service Payment Date shall have the meaning assigned to it in Article V.
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Examples of Service Payment Date in a sentence

  • If on any Debt Service Payment Date for a Series of Senior Bonds the amount accumulated in the Senior Debt Service Fund for any of the purposes specified above calculated with respect to all Senior Bonds then Outstanding exceeds the amount required therefor, the amount of such excess shall thereupon be transferred to the Revenue Fund.

  • If on any Debt Service Payment Date for a Series of Subordinate Bonds the amount accumulated in the Subordinate Debt Service Fund for any of the purposes specified above calculated with respect to all Subordinate Bonds then Outstanding exceeds the amount required therefor, the amount of such excess shall thereupon be transferred to the Revenue Fund.

  • All cash from interest and principal payments paid on the Total Defeasance Collateral or Partial Defeasance Collateral shall be paid over to Lender on each Debt Service Payment Date and applied first to accrued and unpaid interest and then to principal.

  • In addition, on the Optional Prepayment Date and each Debt Service Payment Date thereafter, the Note may be prepaid, at the option of the Borrower, in full or in part, without penalty or premium.

  • The Maker shall thereafter pay to the Payee the Monthly Debt Service Payment on each Debt Service Payment Date in the manner and at the place established pursuant to this Note.

  • On or after the date that is ninety (90) days prior to the Effective Maturity Date through and including the Effective Maturity Date, Borrower may, at its option and upon ten (10) days notice to Lender, prepay the Debt in whole, but not in part, on any Debt Service Payment Date without payment of the Yield Maintenance Premium or any other premium or penalty; provided that prior notice shall not be required for a prepayment made on the Effective Maturity Date.

  • On any Debt Service Payment Date after the Effective Maturity Date, Borrower may, at its option and upon ten (10) days notice to Lender, prepay the Debt in whole or in part without payment of the Yield Maintenance Premium or any other premium or penalty.

  • The interest and principal so payable, and punctually paid or duly provided for, on any Debt Service Payment Date will be paid to the Person in whose name the Notes (or one or more Predecessor Notes) are registered at the close of business on the Regular Record Date for such principal and interest, which shall be the fifteenth day (whether or not a Business Day) preceding such Debt Service Payment Date.

  • Interviews sought to identify the chronological order of activities during the project and opinions regarding their relative success.Access to all of the initial bidding documentation, progress reports and other correspondence with the Heritage Lottery Fund was also made available.

  • Borrower shall make a payment to Lender of principal and interest in the amount of the Monthly Debt Service Payment Amount on the Debt Service Payment Date occurring in September, 1999 and on each Debt Service Payment Date thereafter to and including the Effective Maturity Date.

Related to Service Payment Date

  • Service Payment has the meaning given to it in clause 9.1;

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

  • 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.

  • 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.

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

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

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

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

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

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

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • 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.

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

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

  • 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.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

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

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • for any Payment Date means any Mortgage Loan in respect of which the Master Servicer has determined, in accordance with the servicing procedures specified in this Agreement, as of the end of the related Collection Period, that all Liquidation Proceeds which it expects to recover with respect to the disposition of the Mortgage Loan or the related REO have been recovered.

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

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

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

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

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

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.