Big Advance Repayment Date definition

Big Advance Repayment Date means the date, which shall be no later than the fourth Trading Day after the Big Advance Repayment Notice Date, on which (i) if the Company has elected an Up Front Big Advance Funding Date, the Company pays the Repayment Amount to the Investor or (ii) if the Company has elected a Delayed Big Advance Funding Date, the Investor pays to the Company the Net Advance Amount less the Repayment Amount, in each case in accordance with Section 2.03(d).
Sample 1

Examples of Big Advance Repayment Date in a sentence

  • If the Company has elected an Up Front Big Advance Funding Date, on the Big Advance Repayment Date, the Company shall pay to the Investor the Repayment Amount plus interest accruing from the Up Front Big Advance Funding Date through the Big Advance Repayment Date at the rate of 12% per annum in same day funds to an account designated by the Investor.

Related to Big Advance Repayment Date

  • 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.

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

  • Advance Date means the funding date of any Advance.

  • Final Repayment Date means the date falling on the earlier of (i) the date falling on the sixth anniversary of the Drawdown Date and (ii) 30 November 2023.

  • Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.

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

  • P&I Advance Date The Business Day immediately prior to each Distribution Date.

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

  • Required Prepayment Date as defined in Section 2.15(c).

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Equipment Advance is defined in Section 2.1.1.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Downgrade Advance means an Advance made pursuant to Section 2.02(c).

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Loan Advance The meaning specified in Section 2.2(a).

  • First Repayment Date means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche;

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

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

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

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