Terminal Payment definition

Terminal Payment means, with respect to each Loan, an amount payable on the Maturity Date of such Loan in an amount equal to that percentage of the original principal amount of such Loan specified in the Supplement.
Terminal Payment means, with respect to a Loan, an amount payable on the Maturity Date of such Loan in an amount equal to that percentage of the original principal amount of such Loan specified in the Supplement.
Terminal Payment. Each Terminal Payment shall be an amount equal to fifteen percent (15%) of the original principal amount of the associated Loan.

Examples of Terminal Payment in a sentence

  • AN EMPLOYMENT PERIOD SHALL NOT BE EXTENDED FOR THE PURPOSE OF PAYING AN EMPLOYEE FOR ACCRUED LEAVE, AND NEITHER SHALL LUMP-SUM TERMINAL PAYMENT BE MADE UNLESS AN EMPLOYEE TERMINATES EMPLOYMENT WITH UAPB.


More Definitions of Terminal Payment

Terminal Payment. Each Terminal Payment shall be an amount equal to (i) ten percent (10%) of the original principal amount of the associated Equipment Loan, or (ii) seven and one-half percent (7.50%) of the original principal amount of the associated Term Loan. 2 "TERMINATION DATE": The Termination Date is the earlier of (a) the date Lender may terminate making Loans or extending other credit pursuant to the rights of Lender under Article 7 of the Agreement, or (b) June 30, 1999.
Terminal Payment means the one time fixed charges as specified in ‘CONTRACT’, be paid by ‘BHEL’ at the end of the Lease Rental Contract.
Terminal Payment means a payment equal to ten percent (10%) of the original principal amount of such Loan payable upon the maturity of such Loan.
Terminal Payment means any payment requirement designated as a Terminal Payment on any note, such payment being equal to:
Terminal Payment means an amount which is two percent (2%) of the original principal amount of the relevant Loan (or in the case of partial prepayment, the amount of principal so prepaid, in which case the Terminal Payment due at maturity will be reduced by the amount of the Terminal Payment previously paid).
Terminal Payment. Each Growth Capital Loan shall have a Terminal Payment equal to three and one-tenth of one percent (3.1%) of the original principal amount of such Loan.
Terminal Payment. Each Equipment Loan, each Additional Equipment Loan, each Growth Capital Loan and each Additional Growth Capital Loan shall have a Terminal Payment equal to five percent (5%) of the original principal amount of such Loan. There shall be no Terminal Payment associated with Soft Cost Loans and Additional Soft Cost Loans.