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 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. 2

Examples of Bullet Repayment in a sentence

  • Unsecured Long- Term Loan from Taishin Bank 400,000 Bullet Repayment on August 25, 2013 and interest is paid monthly.

  • In respect of a Funding Contract other than a Bullet Repayment Funding Contract, we may also collect upfront the first scheduled repayment thereunder (in addition to the Origination Fee) by debiting it from the funded amount before it is transferred to you.

  • Around three quarters of Filipinos are vulnerable to natural disasters, which have killed 33,000 people and cumulatively affected 120 million in the last 30 years.

  • Further, we shall be entitled to continue to charge an Issuer in respect of a Bullet Repayment Funding Contract which has been deemed to have triggered an event of default, interest (“ Additional Interest”) from the relevant due date until full repayment is made (pro-rated on a daily basis) at the prescribed interest rate on the total funded amount as set out in the Key Contract Terms or Varied Key Contract Terms (as the case may be), and retain such Additional Interest.

  • Bullet Repayment at the end of 24 months from the date of disbursement of Loan i.e. 16th September 2014.

  • Greek intellectuality was too fortunate, too naïve, too aesthetic, too ironic, too witty―too sinful―to be able to get it into its head that someone would knowingly refrain from doing the good, or knowing what is right, know- ingly do what is wrong.”53 Furthermore, the sinfulness of the will consists not only in rejecting what the understanding perceives as right, but in corrupting the understanding so that it does not want to know what is right.

  • The EMI/ Bullet Interest Payment/ Bullet Repayment Amount (as applicable)on the Loan amount shall be calculated on the basis of the Interest Rate, as prevailing from time to time, with monthly compounding rest (as applicable).

  • Secured Long-Term Loan from First Commercial Bank(4) 400,000 Bullet Repayment on June 27, 2014 and interest is paid monthly.

  • It shall be entirely the responsibility of the Borrower(s) to ensure prompt and regular payment of the EMIs/ Bullet Interest Payment/ Bullet Repayment Amount (as applicable).

  • Bullet Repayment Amount, towards Principal, shall be payable by the Borrower(s) on the last date of the end of Tenor/ Repayment Term.


More Definitions of Bullet Repayment

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 “Statistical information in respect of the Portfolio”, below.

Related to Bullet Repayment

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

  • Debt Repayment means the repayment, prepayment, repurchase or defeasance of the Indebtedness of the Borrower under the Indebtedness that is identified on Schedule 1.1(g) to the Original Credit Agreement and that is repaid, prepaid, repurchased or defeased on the Original Closing Date (or such later date as may be necessary to effect the Debt Repayment in accordance with the tender offers therefor).

  • 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;

  • Loan repayment means the cancellation and repayment of loans

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Debt Repayment Triggering Event means any event or condition which gives, or with the giving of notice or lapse of time would give, the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Waivable Mandatory Prepayment as defined in Section 2.15(c).

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

  • REO Principal Amortization With respect to any REO Property, for any calendar month, the excess, if any, of (a) the aggregate of all amounts received in respect of such REO Property during such calendar month, whether in the form of rental income, sale proceeds (including, without limitation, that portion of the Termination Price paid in connection with a purchase of all of the Mortgage Loans and REO Properties pursuant to Section 9.01 that is allocable to such REO Property) or otherwise, net of any portion of such amounts (i) payable pursuant to Section 3.23(c) in respect of the proper operation, management and maintenance of such REO Property or (ii) payable or reimbursable to the Servicer pursuant to Section 3.23(d) for unpaid Servicing Fees in respect of the related Mortgage Loan and unreimbursed Servicing Advances and P&I Advances in respect of such REO Property or the related Mortgage Loan, over (b) the REO Imputed Interest in respect of such REO Property for such calendar month.

  • Repayment and “Repaid” shall have correlative meanings. For purposes of Section 4.04 and Section 4.07 and the definition of “Consolidated Fixed Charges Coverage Ratio,” Debt shall be considered to have been Repaid only to the extent the related loan commitment, if any, shall have been permanently reduced in connection therewith.

  • 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 A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Mandatory Prepayments means the prepayments of the Loans required by Section 3.5 hereof.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Subordinate Prepayment Percentage As to any Distribution Date and Loan Group, 100% minus the Senior Prepayment Percentage for such Loan Group for such Distribution Date.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.

  • Class B-2 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Prepayment Percentage for such Distribution Date will be zero.

  • Subordinated Prepayment Percentage As to any Distribution Date, 100% minus the Senior Prepayment Percentage for such Distribution Date.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

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