Current Payment Date definition

Current Payment Date means any Business Day on which a payment on the Development Loan is due and payable pursuant to the terms of the Development Loan, provided, however, such term excludes any and all Prior Payment Dates.

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Current Payment Date shall have the meaning specified in Section 4.5.

Examples of Current Payment Date in a sentence

• Shortfalls in Interest and Principal Payments as of Current Payment Date i.

• Capital Subaccount $ 1,655,635.00 $ — 4 Allocation of Remittances as of Current Payment Date i.

• Total Withdrawals $5,673,645 6 Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date): i.

• Aggregate Outstanding Amount of all Tranches of Recovery Bonds: $943,532,333.00 7 Shortfalls in Interest and Principal Payments as of Current Payment Date i.

• Semi-Annual Principal Tranche A-1 Principal Payment - Tranche A-2 Principal Payment - Tranche A-3 Principal Payment - 8 Shortfalls in Required Subaccount Levels as of Current Payment Date iii.

• Aggregate Remittances as of Current Payment Date $ 43,108,081.11 3 Subject to $200,000 cap per annum.

• Aggregate Outstanding Amount of all Tranches $ 331,127,000.00 3 Required Funding/Payments as of Current Payment Date: i.

• Aggregate Outstanding Amount of all Tranches $ 319,606,053.40 3 Required Funding/Payments as of Current Payment Date: i.

• Aggregate Remittances as of Current Payment Date $29,774,758.00 i.

• Excess Funds Subaccount Balance as of Current Payment Date 31,606,707.66 xi.