Bullet Repayment definition

Bullet Repayment means, if specified in the relevant Final Terms, that the Notes shall be redeemed in full in a single payment on the Final Maturity Date;
Bullet Repayment means a term loan with a fixed final maturity on which all principal outstanding becomes repayable;
Bullet Repayment the Borrower makes monthly payments of interest but not of principal; when the Loan matures, the full amount of the principal of the Loan is still outstanding and is payable in one lump sum. In addition, all Borrowers can request that a Loan (other than a Bullet Repayment Loan) become an “interest only” loan for periods of up to 10 years, meaning that no repayment of principal would take place during that period (if the request is accepted by Nordea). Statistical information about the bases of the loans in the Portfolio can be found under

Examples of Bullet Repayment in a sentence

  • Interest payable on such Bullet Repayment Amount shall be computed as simple interest on the Bullet.

  • The Sponsor shall, in a manner reasonably satisfactory to the Lenders, promptly provide all assistance to the Borrower to enable it to meet its repayment obligations under the Financing Documents, in respect of the Rupee Bullet Repayment Amount and the Foreign Currency Bullet Repayment Amount, or otherwise including, by providing assistance to the Borrower in raising further loans, if required, and if permitted under the terms of the Financing Documents.

  • To be inserted if the loan is Bullet Repayment and Capital and Interest is accrued.

  • The final Repayment Instalment (the Bullet Repayment) shall be paid on the Final Maturity Date and shall comprise all the Tranche A Loans then outstanding.

  • All other prepayments made under this Agreement shall be applied proportionately towards all the outstanding Repayment Instalments of the Loan including, for the avoidance of doubt, the Foreign Currency Bullet Repayment Amount.

  • All other prepayments made under this Agreement shall be applied proportionately towards all the outstanding Repayment Instalments of the Loan including, for the avoidance of doubt, the Rupee Bullet Repayment Amount.

  • The Borrower shall have, to the satisfaction of the Lender, made arrangements for repayment of the Foreign Currency Bullet Repayment Amount, at least three (3) months prior to the Repayment Date of the forty-eighth (48th) Repayment Instalment as per the Repayment Schedule.

  • Monthly/ Quarterly Interest payment and Bullet Repayment at the end of tenure (for line of credit) 3.

  • Agreed Minute Bullet Repayment e repayment of principal in a single payment at the maturity of the debt.


More Definitions of Bullet Repayment

Bullet Repayment has the meaning given to that term in Clause 9.1 (Repayment of Tranche A Loans).
Bullet Repayment means the amount that provides for the repayment of the principal, paid in a lump sum upon the Loan’s due date, together with the payment of the related interest. In the period prior to the Loan’s due date, the Borrower shall pay, if provided for in the Contract, instalments consisting solely of interest.