Loan Repayment Schedule Sample Clauses

Loan Repayment Schedule. 3.1 The first repayment shall be made by the Borrower to the Lender on [insert date] and subsequent payments will be made [insert time period, for example, monthly or quarterly].
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Loan Repayment Schedule. The Municipality and KDHE have agreed that interest becoming due semiannually on the Loan during the construction period for the Project may be capitalized and repaid as a part of the Loan. In this regard, KDHE shall give the Municipality written notice of each semiannual installment of interest becoming due during the construction period. At its option, the Municipality may elect to pay such amounts, and if so elected, must pay such amounts within 30 days of receipt of the notice of their becoming due. If the Municipality does not elect to pay such amounts within 30 days of receipt of such notice, the amount then due and owing as semiannual interest on the Loan shall be capitalized and added to the principal amount of the Loan and shall bear interest at the rate of interest set forth in Section 2.02 hereof.
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Loan Repayment Schedule. The Municipality and KDHE have agreed that interest becoming due semiannually on the Loan during the construction period for the Project may be capitalized and repaid as a part of the Loan. In this regard, KDHE shall give the Municipality written notice of each semiannual installment of interest becoming due during the construction period. At its option, the Municipality may elect to pay such amounts, and if so elected, must pay such amounts within 30 days of receipt of the notice of their becoming due. If the Municipality does not elect to pay such amounts within 30 days of receipt of such notice, the amount then due and owing as semiannual interest on the Loan shall be capitalized and added to the principal amount of the Loan and shall bear interest at the rate of interest set forth in Section 2.02 hereof. KANSAS PUBLIC WATER SUPPLY LOAN FUND Project Principal: 55,000,000.00 Estimated Draws - Actual Interest Rate Interest During Const.: 0.00 Amortization of Loan Costs as of 6/9/2020 Service Fee During Const.: 0.00 Loan Reserve Account: 0.00 Prepared for: Gross Loan Costs: 55,000,000.00 City of Wichita, Project No. 2979 Gross Interest Rate Allocation thru 2/1/2029 after 2/1/2029 Gross Rate: 1.48% Service Fee Rate: 1.13% 0.35% 1st Payment Date: 8/1/2025 Net Loan Interest Rate: 0.35% 1.13% Number of Payments: 40 Payment Payment Beginning Interest Principal Service Total Ending Number Date Balance Payment Payment Fee Payment Balance 1 8/1/2025 55,000,000.00 96,250.00 1,186,569.15 310,750.00 1,593,569.15 53,813,430.85 2 2/1/2026 53,813,430.85 94,173.50 1,195,349.77 304,045.88 1,593,569.15 52,618,081.08 3 8/1/2026 52,618,081.08 92,081.64 1,204,195.35 297,292.16 1,593,569.15 51,413,885.73 4 2/1/2027 51,413,885.73 89,974.30 1,213,106.40 290,488.45 1,593,569.15 50,200,779.33 5 8/1/2027 50,200,779.33 87,851.36 1,222,083.39 283,634.40 1,593,569.15 48,978,695.94 6 2/1/2028 48,978,695.94 85,712.72 1,231,126.80 276,729.63 1,593,569.15 47,747,569.14 7 8/1/2028 47,747,569.14 83,558.25 1,240,237.13 269,773.77 1,593,569.15 46,507,332.01 8 2/1/2029 46,507,332.01 81,387.83 1,249,414.89 262,766.43 1,593,569.15 45,257,917.12 9 8/1/2029 45,257,917.12 255,707.23 1,258,660.57 79,201.35 1,593,569.15 43,999,256.55 10 2/1/2030 43,999,256.55 248,595.80 1,267,974.65 76,998.70 1,593,569.15 42,731,281.90 11 8/1/2030 42,731,281.90 241,431.74 1,277,357.67 74,779.74 1,593,569.15 41,453,924.23 12 2/1/2031 41,453,924.23 234,214.67 1,286,810.11 72,544.37 1,593,569.15 40,167,114.12 13 8/1/203...
Sample 1
Loan Repayment Schedule. If PCS processes a Loan, PCS will furnish an amortization and repayment schedule to the Participant, and will inform the Participating Employer by a Loan file feed of the payroll-deduction amount for the Participant’s repayment of the Loan.
Sample 1
Loan Repayment Schedule. The Borrower do hereby covenants with the Lender(s) to repay the Loan Amount together with interest payable in 3 installments, in the following manner: Installment Principal Amount(Rs.) Interest Amount(Rs.)* Total Amount(Rs.) 1 3334 300 3634 2 3334 300 3634 3 3334 300 3634 *Pre agreed platform service fee will be deducted before payout to lenders.
Sample 1
Loan Repayment Schedule. CH Trust shall recoup the total amount of the Investment (the “ROI”) based on a 12% debt note beginning service eighteen (18) months from the date of funding, October 2011, to iMedia International. A debt service schedule has been outlined in due diligence materials provided and reported as “Exhibit A” in loan documents.
Sample 1
Loan Repayment Schedule. Repayment of the principal sum together with accrued interest, shall be made in monthly installments, commencing January 1, 1995, in the amount of $3,029.90, and shall continue to be made in the amount of $3,029.90 on the first day of each month thereafter until February 1, 2000, when the payment shall increase to $3,698.44 on the first day of each month beginning in February 2000, and continuing until January 1, 2005, at which time the entire outstanding principal balance, along with interest accrued thereon until the date of payment shall become due and payable in full. Developer understands that this will be a balloon payment. The total monthly payment amount due from Developer to Lender will include the amount necessary to amortize the additional loan amount being provided by Lender of $1,699,620.00 and renegotiated at an outstanding principal balance of $1,321,913.59.
Sample 1
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Loan Repayment Schedule 
Sample 1

Related to Loan Repayment Schedule

  • Repayment Schedule Repayments shall be made semiannually (twice per year). The Semiannual Loan Payment shall be computed based upon the principal amount of the Loan amount plus the estimated Loan Service Fee and the principle of level debt service. The Semiannual Loan Payment amount may be adjusted, by amendment of this Agreement, based upon revised information. After the final disbursement of Loan proceeds, the Semiannual Loan Payment shall be based upon the actual Project costs, the actual Loan Service Fee and Loan Service Fee capitalized interest, if any, and actual dates and amounts of disbursements, taking into consideration any previous payments. Actual Project costs shall be established after the Department's inspection of the completed Project and associated records. The Department will deduct the Loan Service Fee and any associated interest from the first available repayments following the Final Amendment. Each Semiannual Loan Payment shall be in the amount of $69,155 until the payment amount is adjusted by amendment. The interest and Grant Allocation Assessment portions of each Semiannual Loan Payment shall be computed, using their respective rates, on the unpaid balance of the principal amount of the Loan, which includes Capitalized Interest. Interest (at the Financing Rate) also shall be computed on the estimated Loan Service Fee. The interest and Grant Allocation Assessment on the unpaid balance shall be computed as of the due date of each Semiannual Loan Payment. Unless repayment is deferred by an amendment to this Agreement, Semiannual Loan Payments shall be received by the Department beginning on August 15, 2023 and semiannually thereafter on February 15 and August 15 of each year until all amounts due hereunder have been fully paid. Funds transfer shall be made by electronic means. The Semiannual Loan Payment amount is based on the total amount owed of $2,571,947, which consists of the Loan principal and the estimated Loan Service Fee.

  • Loan Repayment Upon the terms and conditions of this Agreement, the Issuer agrees to make the Loan to the Company. The proceeds of the Loan shall be deposited with the Trustee pursuant to Section 3.3 hereof. In consideration of and in repayment of the Loan, the Company shall make, as Loan Payments, to the Trustee for the account of the Issuer, payments which correspond, as to time, and are equal in amount as of the Loan Payment Date, to the corresponding Bond Service Charges payable on the Bonds. All Loan Payments received by the Trustee shall be held and disbursed in accordance with the provisions of the Indenture and this Agreement for application to the payment of Bond Service Charges. The Company shall be entitled to a credit against the Loan Payments required to be made on any Loan Payment Date to the extent that the balance of the Bond Fund is then in excess of amounts required (a) for the payment of Bonds theretofore matured or theretofore called for redemption, or to be called for redemption pursuant to Section 6.1 hereof (b) for the payment of interest for which checks or drafts have been drawn and mailed by the Trustee or Paying Agent, and (c) to be deposited in the Bond Fund by the Indenture for use other than for the payment of Bond Service Charges due on that Loan Payment Date. Except for such interest of the Company as may hereafter arise pursuant to Section 8.2 hereof or Sections 5.06 or 5.07 of the Indenture, the Company and the Issuer each acknowledge that neither the Company, the State nor the Issuer has any interest in the Bond Fund or the Bond Purchase Fund, and any moneys deposited therein shall be in the custody of and held by the Trustee in trust for the benefit of the Holders.

  • Payment Schedule Except as provided in section 6.10 Travel, Meals and Lodging, payments will only be made based on Deliverables outlined within the Authorized User Agreement. Any invoice not related directly to a completed deliverable will be rejected. Any charge included on the invoice without backup documentation as specified in the Authorized User Agreement (travel receipts, etc.) may be removed. Any outstanding charges un-invoiced or removed from the invoice must be submitted/resubmitted within 120 Calendar days or may not be reimbursed. Each Deliverable may contain a retainage allotment as specified within the Authorized User Agreement. Each invoice is to include a detailed and itemized list of all retainage withholds that are in place since the activation of the Authorized User Agreement. Payment schedule shall be based on the final Authorized User Agreement as negotiated by the Authorized User and Contractor. Payment is only to be made after the deliverable within the Authorized User Agreement is accepted by the Authorized User. A Contractor is encouraged to submit no more than one invoice per month. Invoices must include cumulative retainage holdback. Invoices submitted to an Authorized User must include backup documentation as defined in the negotiated Authorized User Agreement.

  • Termination; Repayment The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.

  • Terms of Repayment Principal of and interest on this Note shall be paid by the Borrower as follows:

  • INSTRUCTIONS FOR COMPLETING REPAYMENT ELECTION FORM AND EXERCISING REPAYMENT OPTION Capitalized terms used and not defined herein have the meanings defined in the accompanying Repayment Election Form.

  • Amortization Schedule We do not provide an initial amortization schedule at the time of project agreement release but maintain a "Loan Summary Spreadsheet" on our website on the Financial Tab under "Loans". Once your loan is put into billing an amortization schedule will be posted to the same website, with a copy mailed to the Chief Financial Officer the month following project closeout.

  • Redemption; Repayment; Acceleration In the event a Discount Note is redeemed, repaid or accelerated, the amount payable to the Holder of such Discount Note will be equal to the sum of: (A) the Issue Price (increased by any accruals of Discount); and (B) any unpaid interest accrued on such Discount Note to the Maturity Date (“Amortized Face Amount”). Unless otherwise specified on the face hereof, for purposes of determining the amount of Discount that has accrued as of any date on which a redemption, repayment or acceleration of maturity occurs for a Discount Note, a Discount will be accrued using a constant yield method. The constant yield will be calculated using a 30-day month, 360-day year convention, a compounding period that, except for the Initial Period (as defined below), corresponds to the shortest period between Interest Payment Dates for the applicable Discount Note (with ratable accruals within a compounding period), a coupon rate equal to the initial coupon rate applicable to the applicable Discount Note and an assumption that the maturity of such Discount Note will not be accelerated. If the period from the date of issue to the first Interest Payment Date for a Discount Note (the “Initial Period”) is shorter than the compounding period for such Discount Note, a proportionate amount of the yield for an entire compounding period will be accrued. If the Initial Period is longer than the compounding period, then the period will be divided into a regular compounding period and a short period with the short period being treated as provided above.

  • Early Repayment 10.1 You have a right to repay all or part of the credit early at any time. You must give us oral or written notice of your intention to make early repayment. If you wish to repay part of the amount due, you must make payment before the end of the period of 28 days beginning with the day following the day that we receive your notice, or on or before any later date specified in your notice. Please give us notice orally on our number below or in writing at the address above, giving details of this Credit Agreement.

  • Securing Repayment In order to secure repayment of the Fund’s obligations to the Custodian, the Fund hereby agrees that the Custodian shall have, to the maximum extent permitted by law, a continuing lien and security interest in, and right of setoff against: (a) all of the Fund’s right, title and interest in and to all Accounts in the Fund’s name and the Securities, money and other property now or hereafter held in such Accounts (including proceeds thereof) and (b) any other property at any time held by the Custodian for the Fund. In the event the Custodian has such a legally permissible continuing lien and security interest, the Custodian shall be entitled to collect from the Accounts sufficient cash for reimbursement, and if such cash is insufficient, to sell the Securities in the Accounts to the extent necessary to obtain reimbursement (but only to the extent permitted by the 1940 Act). In this regard, the Custodian shall be entitled to all the rights and remedies of a pledgee and secured creditor of a registered investment company under applicable laws, rules or regulations as then in effect.

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