Bullet Payment definition
Bullet Payment means any payment of the entire unpaid balance of any Indebtedness at its final maturity other than the final payment with respect to a loan that is fully amortized over its term.
Bullet Payment means any payment of the entire unpaid balance of any Debt at its final maturity other than the final payment with respect to a loan that is fully amortized over its term.
Bullet Payment means a payment where the entire principal of the loan is due at the end of the term of the loan
Examples of Bullet Payment in a sentence
Bullet Payment: Principal will be repaid in one shot at the end of Loan term, in this case interest is calculated for each year.
The Fair Market Value of each share of Series B Stock shall be equal to the Fair Market Value of a shares of Series A Stock plus the Series B Bullet Payment, as defined in the Charter.
In the event the Company effects an IPO that constitutes a Deemed Liquidation Event as defined in the Charter, at the closing of such IPO, the Series B Shareholders shall receive the Series B Bullet Payment, as defined in the Charter, that would otherwise be payable at such date.
Furthermore, the Contractor will receive a Bullet Payment upon the issuing of the Availability and Completion Certificate.
More Definitions of Bullet Payment
Bullet Payment means any payment of the entire Outstanding Repayment of the Import Financing Facility at any time before the expiry of the Import Financing Facility other than the final payment;
Bullet Payment shall have the meaning given in Clause 7.17(a) (Bullet Payment).