Balloon Date definition
Balloon Date means any Principal Maturity Date or Put Date for Balloon Obligations in a Balloon Year.
Balloon Date means any date of a Principal Installment or any date on which a Holder may elect to have Balloon Obligations redeemed, prepaid, purchased directly or indirectly by the Metropolitan Government, or otherwise paid, in a Balloon Year.
Balloon Date means any Principal Maturity Date or Put Date on which more than 25% of the Principal of related Balloon Bonds mature or are subject to mandatory redemption or could, at the option of the Registered Owners, be required to be redeemed, prepaid, purchased directly or indirectly by the Water District, or otherwise paid.
Examples of Balloon Date in a sentence
The unpaid principal balance of the Current Note, as adjusted, plus all accrued but unpaid interest, shall be due and payable, if not sooner paid on June _______, 2006 (the "Balloon Date").
More Definitions of Balloon Date
Balloon Date means any maturity or principal payment date or any date on which a holder may elect to have Balloon Indebtedness redeemed, prepaid, purchased directly or indirectly by the Borrower, or otherwise paid, in a Balloon Year.