PAYMENT OF CAPITAL Sample Clauses

PAYMENT OF CAPITAL. Unless the fixed time deposit is renewed, at the expiration date THE BANK shall pay the deposited money, and it shall do so as stipulated in the instructions given at the time of the opening or renewal of the fixed time deposit, as the case may be, being understood that such instructions shall be given in a clear and precise manner and in the form required and accepted by THE BANK and that, otherwise, THE BANK shall act as it deems most convenient, at its sole discretion, unless the deposit is pledged.
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PAYMENT OF CAPITAL. The Debtor unconditionally undertakes to pay the Creditor the capital owed on the Loan in a single installment with maturity on the day of completing seven years and fifteen days from the Disbursement Date corresponding to the first Disbursement made during the First Availability Period, hereinafter the “Maturity Date” and the capital payment made on that date to the Creditor, as an “Amortization”. In case the Maturity Date of the Loan falls on a day that is not a Banking Business Day, the Maturity Date will be extended until the next Banking Business Day. CLAUSE FIVE:
Sample 1
PAYMENT OF CAPITAL. Cost Component of the Transportation Charge‌ The Agency shall completely pay its total allocated capital cost component of the Transportation Charge, together with interest thereon, within the project repayment period. Notwithstanding any conflicting provisions in Articles 24(c), 24(e), and 29(b), the Agency’s payments under the capital cost component of the Transportation Charge shall be determined as follows: the State shall determine a unit rate per acre-foot which will return to the State, during the project repayment period, the capital cost component of the Transportation Charge allocated to the Agency and interest thereon, computed at the project interest rate and compounded annually: Provided, That all unpaid interest shall be accumulated at the project interest rate, compounded annually, and added to the Agency’s allocated capital costs. The Agency’s annual payment for the capital cost component shall be the product of the unit rate and the Agency’s annual entitlement. The Agency’s repayment schedule for the capital cost component and the unit rate shall be set forth in Table D of this contract: Provided, That the amounts set forth in Table D shall be subject to redetermination by the State pursuant to Article 28. Payments by the Agency under the capital cost component of the Transportation Charge shall commence in the year of initial water delivery. 48Notwithstanding any conflicting provisions in Article 28, and as an alternative to the option for further adjustment of the capital cost component as provided for in subdivision (b) thereof, the Agency may elect to exercise an option whereby all adjustments of the capital cost component of the Transportation Charge for the Agency thereafter shall be included in the determination of the unit rate per acre-foot which, when paid for the Agency’s projected annual entitlement, will return to the State, during the project repayment period, the total capital cost component of the Transportation Charge allocated to the Agency, including adjustments pursuant to Article 28, and interest thereon, computed at the projected interest rate and compounded annually.
Sample 1
PAYMENT OF CAPITAL. Cost Component of the Transportation Charge‌ The Agency shall completely pay its total allocated capital cost component of the Transportation Charge, together with interest thereon, within the project repayment period. Notwithstanding any conflicting provisions in Articles 24(c), 24(e), and 29(b), the Agency’s payments under the capital cost component of the Transportation Charge shall be determined as follows: the State shall determine a unit rate per acre-foot which will return to the State, during the project repayment period, the capital cost component of the Transportation Charge allocated to the Agency and interest thereon, computed at the project interest rate and compounded annually: Provided, That all unpaid interest shall be accumulated at the project interest rate, compounded annually, and added to the Agency’s allocated capital costs. The Agency’s annual payment for the capital cost component shall be the product of the unit rate and the Agency’s annual entitlement. The Agency’s repayment schedule for the capital cost component and the unit rate shall be set forth in Table D of this contract: Provided, That the amounts set forth in Table D shall be subject to redetermination by the State pursuant to Article 28. Payments by the Agency under the capital cost component of the Transportation Charge shall commence in the year of initial water delivery.
Sample 1

Related to PAYMENT OF CAPITAL

  • Return of Capital Except pursuant to the rights of Redemption set forth in Section 8.6, no Limited Partner shall be entitled to the withdrawal or return of his or her Capital Contribution, except to the extent of distributions made pursuant to this Agreement or upon termination of the Partnership as provided herein. No Limited Partner or Assignee shall have priority over any other Limited Partner or Assignee either as to the return of Capital Contributions, or as otherwise expressly provided in this Agreement, or as to profits, losses, distributions or credits.

  • Return of Capital Contribution From time to time the Partnership may have cash in excess of the amount required for the conduct of the affairs of the Partnership, and the General Partner may, with the Consent of the Special Limited Partner, determine that such cash should, in whole or in part, be returned to the Partners, pro rata, in reduction of their Capital Contribution. No such return shall be made unless all liabilities of the Partnership (except those to Partners on account of amounts credited to them pursuant to this Agreement) have been paid or there remain assets of the Partnership sufficient, in the sole discretion of the General Partner, to pay such liabilities.

  • Issuance of Capital Stock Except for (a) any transaction pursuant to an Unsolicited Proposal that Maker accepts in accordance with the fiduciary exception provided in Section 3.2 of the Recapitalization Agreement or (b) shares of capital stock issuable upon exercise or conversion of warrants or convertible securities outstanding prior to February 1, 2004, Maker shall not without Holder's prior written approval: (i) issue any shares of capital stock or other securities, or any instruments exercisable for or convertible into capital stock or other securities, or (ii) make any promises, commitments, undertakings, agreements or letters of intent for any of the issuances described in (i) hereof.

  • Return of Capital Contributions No Partner shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Partnership, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Partner or withdrawn Partner any part of such Partner’s Capital Contribution for so long as the Partnership continues in existence.

  • Withdrawal of Capital No Member may withdraw all or any part of its Capital Contribution except with the unanimous consent of the mangers or as provided in Article III (regarding distributions generally) or Article VIII (regarding dissolution of the Company).

  • Description of Capital Stock The authorized capital stock of the Company conforms as to legal matters to the description thereof contained in the Prospectus.

  • Maintenance of Capital Accounts The Company shall maintain a Capital Account for each Member on the books of the Company in accordance with the provisions of Treasury Regulations Section 1.704-1(b)(2)(iv) and, to the extent consistent with such provisions, the following provisions:

  • Conversion of Capital Stock At the Effective Time, by virtue of the Merger and without any action on the part of the Company, Parent, Merger Sub or the holders of any shares of capital stock of the Company, Parent or Merger Sub:

  • Interest on and Return of Capital Contributions No Member shall be entitled to interest on its Capital Contribution or to return of its Capital Contribution, except as otherwise specifically provided for herein.

  • Distribution of Cash (a) The Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

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