Advance Payment Date definition

Advance Payment Date means the date on which the Servicer will make a deposit of Deposit Money in accordance with Article 6.2(a) of the Servicing Agreement. The first Advance Payment Date will be [March 22, 2023] and thereafter the Advance Payment Date will be four (4) Business Days prior to each Second Trust Payment Date which falls in the relevant Monthly Period.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Advance Payment Date means, in relation to a Notified Discount Receivable, the date specified or selected by You as the date on which You elect to receive the Purchase Price in respect of such Notified Discount Receivable:

Advance Payment Date means, for any Aircraft, the date that is the third Business Day of the 18th, 12th or 6th month prior to the scheduled delivery month of such Aircraft, as set forth in the Delivery Schedule, except that Advance Payment Dates in the month of May, 2000 will fall on the 31st.

Examples of Advance Payment Date in a sentence

• Interest on each Fixed Rate Advance is payable monthly by debit to the Designated Deposit Account on each Term Advance Payment Date applicable to such Fixed Rate Advance.

• In addition, the Purchaser hereby agrees to pay to the Seller on the initial Servicing Advance Payment Date an amount equal to the outstanding amount of the Specified Receivables as of the Closing Date.

• Notwithstanding anything to the contrary herein, the Employee shall not have a vested or legally binding right to payment of compensation or benefits hereunder prior to the applicable Advance Payment Date.

• Interest on Floating Rate Advances is payable monthly by debit to the Designated Deposit Account on each Term Advance Payment Date.

• To pay Interest upon any Basic Rent or Additional Rent unpaid on the relevant payment date on and from the relevant Rent Payment Date, Advance Payment Date or Balancing Charge Payment Date up to and including the actual date of payment.

• Upon the Employee’s (i) continuous employment with the Company through March 15, 2009, or, if earlier, the Employee’s separation from service by the Company other than for Cause, and (ii) satisfaction of the Participation Criteria and Company Criteria set forth in the Plan as relates to the Advance Payment Date, the Employee shall be entitled to an Advance Payment Benefit of $111,375 on March 13, 2009, representing 25 percent of the Adjusted Incentive Payment Benefit.

• Therefore, the Advance Payment for such Advance Payment Date would be 90% of (A) $400,000 X (B) .30 (or $108,000).

• Borrower shall pay interest on each Equipment Advance Payment Date on the unpaid principal amount of each Equipment Advance until the Equipment Advance has been paid in full, at the fixed rate equal to the greater of: (i) ten percent (10%) per annum, or (ii) six and one-tenth percent (6.1%) per annum in excess of the Treasury Rate as of the date of the Equipment Advance Funding Date, determined by Lenders for each Equipment Advance.

• The Structured Payment Amount shall be payable by High Tide in cash installments (each such payment, an “Installment Payment”), with each Installment Payment comprised of the aggregate estimated amount of the Structured Payment Amount payable by High Tide for the four (4) month period immediately following the Advance Payment Date (as defined below) and in respect of which such Structured Payment Amount shall be payable hereunder.

• Capital Contribution — Equity Capital 2050 25 % Senior Debt Finance — Term Loans 6150 75 % Advance Payment Date Day 0 (Nov.

More Definitions of Advance Payment Date

Advance Payment Date means the date on which the Lessor makes the advance payments for the Aircraft to the Manufacturer pursuant to the Purchase Assignment.

Advance Payment Date means each of March 31, 2005, June 30, 2005 and September 30, 2005.

Advance Payment Date has the meaning provided in Section 1.3(a).

Advance Payment Date means, in relation to a Notified Discount Receivable, the relevant dates specified in Clause 4.1, in the table entitled “Advance Payment Date”;