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.
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Date of Prepayment means a date specified in a written notice given by the Corporation to the Holder pursuant to Section 3.2;
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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;
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Examples of Date of Prepayment in a sentence

  • Date of prepayment shall be construed as the date on which the Seller’s bank account is credited with the amount of prepayment.

  • Any prepayment made pursuant to Clause 11.4(b) shall be subject to the following prepayment fees, payable on the same date as the relevant amount to be prepaid:Page 40 Date of prepayment Prepayment FeeFrom the date of this Agreement to the first anniversary thereof.

  • Date of prepayment: ______, 202__ (must be Business Day) Interest rate basis of Borrowing(s) to be prepaid (in whole or in part): Eurodollar Loan ☐ or ABR Loan ☐ Principal amount to be prepaid:1 $______ Very Truly Yours, ONCOR ELECTRIC DELIVERY COMPANY LLC By: Name: Title: Date of Prepayment Notice: ______, 202__ 1 If a partial payment, not less than $5,000,000 and in integral multiples of $1,000,000.

  • The Borrower hereby gives you notice pursuant to Section 2.12(c) of the Credit Agreement that it requests a prepayment under the Credit Agreement, and in that connection sets forth below the terms on which such request is made: Date of prepayment / / .1 Aggregate amount of prepayment of $ in accordance with the following: ABR Borrowing of $ Eurodollar Borrowing of $ The prepayment requested herein complies with the provisions of Section 2.12(c) of the Credit Agreement.

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 payment of principal made by the Mortgage Loan Borrower with respect to the Mortgage Loan which is received in advance of its scheduled Maturity Date, whether made by reason of a casualty or condemnation, due to the acceleration of the maturity of the Notes or otherwise.

  • Optional Prepayment Date has the meaning set forth in Section 2.09.

  • 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 shall have the meaning assigned to such term in Section 2.11(e).

  • Applicable Prepayment Premium means, as of any date of determination, an amount equal to (a) during the period of time from and after the date of the execution and delivery of this Agreement up to the date that is the first anniversary of the Closing Date, 0.50% times the Maximum Facility Amount, (b) during the period of time from and including the date that is the first anniversary of the Closing Date up to the date that is the second anniversary of the Closing Date, 0.375% times the Maximum Facility Amount, and (c) during the period of time from and including the date that is the second anniversary of the Closing Date up to the Maturity Date, 0.25% times the Maximum Facility Amount.

  • 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 assigned to such term in Section 2.11(a)(ii)(B).

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

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

  • Discount Range Prepayment Amount has the meaning assigned to such term in Section 2.11(a)(ii)(C).

  • 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

  • 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 means (i) in the case of the Certificates, an amount equal to the Certificate Balance plus accrued and unpaid interest thereon at the applicable Class B Rate plus interest on any overdue interest at the applicable Class B Rate (to the extent lawful) to but excluding the Prepayment Date and (ii) in the case of a Class of Notes to be prepaid, an amount equal to the unpaid principal amount of such Class of Notes plus accrued and unpaid interest thereon at the applicable Note Interest Rate plus interest on any overdue interest at the applicable Note Interest Rate (to the extent lawful) to but excluding the Prepayment Date.