Date of Prepayment definition

Date of Prepayment refers to the date when the Borrower prepays all or part of loan capitals before the repayment date prescribed in the Contract.
Date of Prepayment means a date specified in a written notice given by the Corporation to the Holder pursuant to Section 3.2;
Date of Prepayment means the date the Corporation has paid to the Holder the Principal Amount and all interest owing thereon in accordance with the terms hereof;

Examples of Date of Prepayment in a sentence

  • In the case of an Optional Prepayment, the "PREPAYMENT AMOUNT" shall be (x) the outstanding principal amount of the Notes being Prepaid by the Company, subject to the provisions of Section 1.2(a), plus (y) all accrued and unpaid interest on the outstanding principal amount of the Notes being Prepaid by the Company through the Effective Date of Prepayment, plus (z) all unpaid costs and other obligations arising under the Notes and the Security Agreements.

  • In the case of a Transaction Prepayment, the "PREPAYMENT AMOUNT" shall equal (x) the Principal Repayment Price (as defined herein), plus (y) all accrued and unpaid interest under the Notes through the Effective Date of Prepayment, plus (z) all unpaid costs and other obligations arising under the Notes and the Security Agreements.

  • User: Amount of Prepayment of Service Payments (if applicable): Date of Prepayment of Service Payments (if applicable): Amount of Initial Payment (if applicable): Date of Payment of Initial Payment (if applicable): Radio count: EXHIBIT B PROJECT DESCRIPTION The East Bay Regional Communications System (EBRCS) is a P-25 compliant digital communications system manufactured by Motorola providing interoperability for emergency responders and others on the system in Alameda and Contra Costa counties.

  • Holders of Notes may convert all or any part of their Notes selected for prepayment hereunder into Common Stock pursuant to Article III hereof by delivering a Notice of Conversion to the Borrower at any time prior to the Effective Date of Prepayment as defined in subparagraph (iii), as more fully described in Article I.B(v).

  • On the Date of Prepayment or, if applicable, the Final Redemption Date, the amount that remains after the cancellation of all the Fund’s payment obligations will also be added.

  • Holders of Debentures may convert all or any part of their Debentures selected for prepayment hereunder into Common Stock in accordance with the terms hereof by delivering a Notice of Conversion (each as defined in Article III below) to the Borrower at any time prior to the Effective Date of Prepayment (as defined below).

  • On the Date of Prepayment or, if applicable, the Final Maturity Date, the amount that remains after the cancellation of all the Fund’s payment obligations will also be added.If applicable, all taxation related to this item will be paid by the Assignor as perceiver of the Variable Commission.

  • Holders of Debentures may convert all or any part of their Debentures selected for prepayment hereunder into Class A Common Stock in accordance with the terms hereof by delivering a Notice of Conversion (each as defined in Article III below) to the Borrower at any time prior to the Effective Date of Prepayment (as defined below).

  • Date of Prepayment Repayment Percentage From the Closing Date through the date that is 18 calendar months following the Closing Date 5.0% Any date thereafter.

  • Any such prepayment shall be accompanied by the payment of both accrued and unpaid interest hereunder, as well as interest which would have accrued between the Date of Prepayment and the Maturity Date.

Related to Date of Prepayment

  • Notice of Prepayment has the meaning assigned thereto in Section 2.4(c).

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

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • 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.

  • Proposed Prepayment Date is defined in Section 8.3(c).

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

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Voluntary Prepayment means a prepayment of principal of Term Loans pursuant to Section 2.05(a) in any year to the extent that such prepayment reduces the scheduled installments of principal due in respect of Term Loans as set forth in Section 2.07 in any subsequent year.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

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

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

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

  • 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.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Principal Prepayment Any payment of principal or other recovery on a Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds, which is received in advance of its scheduled Due Date and is not accompanied by an amount as to interest representing scheduled interest on such payment due on any date or dates in any month or months subsequent to the month of prepayment.

  • Prepayment Price Has the meaning specified in Section 6.02(b) of the Indenture.

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.