12th Payment Date definition

12th Payment Date means the 12th Monthly Payment Date occurring after (but including) the First Payment Date.
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Examples of 12th Payment Date in a sentence

  • Provided no Event of Default then exists, and so long as Maker has given Holder not less than thirty (30) days' (and not more than sixty (60) days') prior written notice, prior to the twelfth (12th) Payment Date, Maker may voluntarily prepay the Note A-1 Indebtedness in full or in part, provided Maker also pays the Prepayment Premium concurrently therewith.

  • Commencing on the First Payment Date and on each and every Payment Date thereafter until the twelfth (12th) Payment Date, Grantor shall deposit with Mortgagee all “Net Excess Cash Flow” derived from the Property for the prior month (“Cash Flow Sweep Escrow”) which shall be held by Beneficiary and disbursed in accordance with this Section 2.14(i).

  • Principal Amount: US $____________ First Payment Date: ________ Loan Term: ____months Maturity Date: ____________ Amortization Period: ___ months Fixed Annual Interest Rate: _______% Monthly Principal and Interest Payment Amount: $____________ Cut-off Date: the 12th Payment Date Defeasance Date: the 2nd anniversary of the “start up date” of the current REMIC trust (within the meaning of Section 860G(a)(9) of the Tax Code) that holds all or any portion of the Loan, if applicable.

  • From and after the twelfth (12th) Payment Date but prior to the eighteenth (18th Payment Date (the "Open Date"), and upon not less than thirty (30) days' (and not more than sixty (60) days') prior written notice to Holder, Maker may prepay the Note A-2 Indebtedness in full or in part, provided Maker also pays the Prepayment Premium on or prior to the prepayment date.

  • The Prepayment Charge is: (i) 3.0% of the principal being prepaid if the Prepayment occurs prior to the 12th Payment Date; and (ii) 1.0% of the principal being prepaid if the Prepayment occurs on or after the 12th Payment Date and prior to the first day of the Window Period.

  • The most influential predictor of Employee performance was work Processes (Beta = .289) with a relative importance of 1.976 (in t-test).

  • Provided no Event of Default then exists, and so long as Maker has given Holder not less than thirty (30) days' (and not more than sixty (60) days') prior written notice, prior to the twelfth (12th) Payment Date, Maker may voluntarily prepay the Note A-2 Indebtedness in full or in part, provided Maker also pays the Prepayment Premium concurrently therewith.

  • In February 2004, the 20,637,730 Sogecable shares held by Canal+ Group, as well as the €50 million loan, were transferred to Vivendi Universal.

Related to 12th Payment Date

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Redemption Payment Date As defined in Section 13.1.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.