Accelerated Repayment definition

Accelerated Repayment means any part of the principal of the Floating Rate Note that became due and payable on a day other than its Payment Date. "Post Maturity Period" shall mean with respect to the period from the date an Unpaid Amount was due until such amount shall have been paid in full, each successive period, the first of which shall start on the date such Unpaid Amount was due (or the date of any such judgment or arbitral award, if earlier) and each other of which shall start on the last day of the preceding such period, and the duration of each of which shall be one day, or if LIBOR applies, then from and including the Quotation Date for such Post Maturity Period to but excluding the next Quotation Date or such other duration selected by the Person to whom such Unpaid Amount is due; provided, however, that in the case of any Accelerated Repayment, the first such Post Maturity Period applicable thereto shall be of a duration equal to the unexpired portion of its then applicable Interest Period. "Quotation Date" in relation to any Post Maturity Period means the day on which quotations would ordinarily be given by CITIBANK, N.A. in the London interbank market for dollar deposits for delivery on the first day of that period; provided, however, that if, for any such Post Maturity Period, quotations would ordinarily be given on more than one date, the Quotation Date for that period shall be the last of those dates.
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Accelerated Repayment shall have the meaning set forth in Section 4.02(b) of the Credit Agreement.
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Accelerated Repayment means any part of the principal of the Floating Rate Note which became due and payable on a day other than its Payment Date. “Quotation Date” in relation to any Post Maturity Period means the day on which quotations would ordinarily be given by Citibank, N.A. in the London interbank market for dollar deposits for delivery on the first day of that period, provided, however, that if, for any such Post Maturity Period, quotations would ordinarily be given on more than one date, the Quotation Date for that period shall be the last of those dates.
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Examples of Accelerated Repayment in a sentence

  • Section 4011: Accelerated Repayment and Surface Storage AccountSince the passage of the Reclamation Act of 1902, reclamation law has been based on the concept of project repayment—reimbursement of federal construction costs—by project water and power users.

  • There are a number of properties that will never have cover available.

  • Notwithstanding the installment payment, the recipient of the financing can make the Accelerated Repayment of all remaining outstanding obligations which made before the expiration of the Financing due.

  • Amendments to the Policies are necessary in order to give effect to the Accelerated Repayment and Voluntary Prepayment Framework8 and the Debt Sustainability Framework Reform as well as codify the modalities of engagement with subnational entities to give effect to the related amendment to the Agreement.

  • Should any Event of Accelerated Repayment as per Clause 18 (Acceleration) occur the Lender is entitled to demand immediate repayment of the Facility together with any interest due but unpaid, and any costs incurred in such connection (including unwinding costs).

  • Accelerated Repayment): Amongst other events, upon the consummation of an IPO, the Principal must be repaid in full.

  • At its 130th session, the Executive Board approved the Accelerated Repayment and Voluntary Prepayment Framework, whose aim is to recognize the economic transition of certain Member States and their increased capacity to provide positive contributions to support other Member States in their economic journeys.

  • The assessment is based on an evaluation of eight broad components of creditworthiness: political risk, external debt and liquidity, fiscal policy and public debt burden, balance of payment risks, economic 13 See “Modification to the Accelerated Repayment Terms of IDA Credits,” IDA/R96-145, July 23, 1996.

  • On November 7, 2016, the Company has announced by publication on the MAGNA that the enforcement of the Accelerated Repayment Schedule would add significant pressure to the Company’s liquidity and result in an acceleration of the assets sales, which is likely to have an adverse impact upon the value achieved on any disposals.

  • I also acknowledge that the Declaration and the accompanying documents will be incorporated in the contract of insurance.

Related to Accelerated Repayment

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Anticipated Repayment Date With respect to any ARD Mortgage Loan, the date specified in the related Mortgage Note, as of which Post-ARD Additional Interest shall begin to accrue on such Mortgage Loan, which date is prior to the Stated Maturity Date for such Mortgage Loan.

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Loan repayment means the cancellation and repayment of loans

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.

  • Accelerated Maturity Date means if the Company elects to accelerate the Maturity Date in accordance with Section 2.2(c), the date selected by the Company which is prior to the Scheduled Maturity Date, but is after March 31, 2002.

  • Prepayment Penalty Amount With respect to any Remittance Date, all prepayment penalties, penalty or yield maintenance premiums or charges paid by the obligors under the Mortgage Notes due to Principal Prepayments collected by the Servicer during the immediately preceding Prepayment Period.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Scheduled Repayment shall have the meaning provided in Section 4.02(a).

  • Accelerated Mezzanine Loan A mezzanine loan (secured by a pledge of the direct (or indirect) equity interests in a Mortgagor under a Mortgage Loan or Loan Combination) if such mezzanine loan either (i) has been accelerated, or (ii) is the subject of foreclosure proceedings against the equity collateral pledged to secure that mezzanine loan.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Prepayment Penalty With respect to each Mortgage Loan, the amount of any premium or penalty required to be paid by the Mortgagor if the Mortgagor prepays such Mortgage Loan as provided in the related Mortgage Note or Mortgage.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Accelerated Purchase Date means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, the Business Day immediately following the applicable Purchase Date with respect to the corresponding Regular Purchase referred to in Section 2(b) hereof.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Required Repairs shall have the meaning set forth in Section 7.1.1 hereof.

  • Additional Accelerated Purchase Date means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, the Business Day (i) that is the Accelerated Purchase Date with respect to the corresponding Accelerated Purchase referred to in clause (i) of the proviso in the second sentence of Section 2(c) hereof and (ii) on which the Investor receives, prior to 1:00 p.m., Eastern time, on such Business Day, a valid Additional Accelerated Purchase Notice for such Additional Accelerated Purchase in accordance with this Agreement.