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

Borrower shall pay the Terminal Payment with respect to each Loan on the Maturity Date of such Loan.
If Borrower is late in making any payment of principal or interest or Terminal Payment under this Agreement by more than five (5) days, Borrower agrees to pay a late charge of five percent (5%) of the installment due, but not less than fifty dollars ($50.00) for any one such delinquent payment.
Any unpaid payments of principal or interest or the Terminal Payment with respect to any Loan shall bear interest from their respective maturities, whether scheduled or accelerated, at the Designated Rate for such Loan plus five percent (5.00%) per annum, until paid in full, whether before or after judgment (the “Default Rate”).
Except as otherwise provided in the Supplement, Borrower shall pay the Terminal Payment with respect to each Loan on the Maturity Date of such Loan.
Borrower shall pay the Terminal Payment on the date of the last amortization payment.

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 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 means any payment requirement designated as a Terminal Payment on any note, such payment being equal to: (i) ten percent (10%) of the principal amount of each promissory note funded by Lender to Borrower under the Prior Loan Agreement; or (ii) twelve and one-half percent (12.5%) of the principal amount of each promissory note funded by Lender to Borrower beginning on and after November 12, 2003.

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 Loan shall have a Terminal Payment equal to six and one-half percent (6.50%) of the original principal amount of such Loan.