Total Repayments definition
Examples of Total Repayments in a sentence
Table 5 Year 2014-15 Year 2015-16 Total Repayments by WA $2.7 million $11.2 million It is acknowledged that part of the in-kind contribution identified in paragraph 15 will be funded from the NSPP and HACC.
The “Maturity Date Repayment Amount Difference” shall mean 200.0% of the difference between (i) the Current Principal Amount of the Note as of the date of this Letter Agreement plus all PIK Interest thereon that would accrue through the Maturity Date, less (ii) the Total Repayments (after payment of all Broker Fees by the Investor).
A statement of Total Repayments signed by the Lender’s officer shall be deemed conclusive evidence of the Borrower’s indebtness to the Lender and such statement shall be emailed to the Borrower free of charge.
Notwithstanding anything to the contrary in the Transaction Documents, on the Maturity Date, if the amount of the Total Repayments is less than the Repayment Amount, the Maturity Date shall be extended until the earlier of (i) April 15, 2026 and (ii) an Event of Default (the “Extended Maturity Date”).
Upon disbursement of the Loan Amount to the Borrower, in accordance with the Borrower’s election, the Borrower will owe the Lender Total Repayments which must be repaid in equal monthly instalments as set out in Schedule 2.