Debt Service Payment definition

Debt Service Payment means, when used with respect to any Payment Date, the sum of the (a) interest, if any, and (b) Principal Installments, if any, due and payable on such date with respect to the Bonds.
Debt Service Payment means, when used with respect to any Payment Date, the sum of the
Debt Service Payment means, with respect to any Bond Payment Date, whether any such payment shall be due at maturity or upon redemption or acceleration of the Bonds or otherwise, (i) the Interest payable on each such Bond Payment Date on all Bonds then Outstanding, plus (ii) the principal, if any, payable on such Bond Payment Date on all such Bonds, plus (iii) the premium, if any, payable on such Bond Payment Date on all such Bonds.

Examples of Debt Service Payment in a sentence

  • Financial reports were presented for the period ending May 31, 2004, for the General Fund (01), Debt Service Payment Fund (29), Capital Outlay Projects Fund (71), Child Development Center Fund (72), Student Center Fee Fund (73), Health Trust Fund (75), Insurance Trust Fund (78), Bookstore, Auxiliary Services, and ASB Fund.

  • Consideration/Adoption of Resolution 2024-36, Setting Forth the Specific Terms of the District’s Special Assessment Bonds,Exhibit 5Exhibit 6Series 2024 (Assessment Area One)⮚ Exhibit A- First Supplemental Engineer’s Report Exhibit 7⮚ Exhibit B- Final First Supplemental Special Assessment Methodology ReportExhibit 8⮚ Exhibit C- Legal Description of the Assessment AreaExhibit 9⮚ Exhibit D- Maturities and Coupon of Bonds Sources and Uses of Funds for Bonds Annual Debt Service Payment Due on BondsExhibit 10C.


More Definitions of Debt Service Payment

Debt Service Payment means, with respect to any Bond Payment Date, whether any such payment shall be due at maturity or upon redemption or acceleration of the Bonds or otherwise, (i) the interest payable on each such Bond Payment Date on all Bonds then Outstanding, plus (ii) the principal, if any, payable on such Bond Payment Date on all such Bonds, plus (iii) the premium, if any, payable on such Bond Payment Date on all such Bonds.
Debt Service Payment means a payment to be made by the
Debt Service Payment. For any Payment Date, an amount equal to the excess, if any, of (i) the Interest Amount for such Payment Date over (ii) the amount remaining in the Collection Account on such Payment Date, after giving effect to the receipt of Optional Advances, if any, cash transfers from the first sub-account of the Reserve Account pursuant to Section 4.1(a), and payments made pursuant to Section 4.2(a)(i), (ii), (iii) and (iv).
Debt Service Payment means, with respect to any Bond Payment Date, (i) the interest payable on such Bond Payment Date on the Bonds Outstanding (including any Additional Bonds), plus (ii) the principal or Redemption Price, if any, payable on such Bond Payment Date on the Bonds Outstanding, plus (iii) the premium, if any, payable on such Bond Payment Date on the Bonds Outstanding.
Debt Service Payment means, when used with respect to any Payment Date, the sum of the (a) interest, if any, and (b) Principal Installments, if any, and (c) Auxiliary Obligations, if any, due and payable on such date with respect to the Bonds and Auxiliary Agreements referred to.
Debt Service Payment means the sum of interest, principal, premium, if any, and Liquidated Damages, if any, with respect to the Outstanding Notes payable on each Debt Service Payment Date.
Debt Service Payment means, with respect to any Interest Payment Date, (i) the interest payable on such Interest Payment Date on all Bonds then Outstanding, plus (ii) the principal, if any, payable on such Interest Payment Date on all such Bonds, plus (iii) the redemption premium, if any, payable on such Interest Payment Date on all such Bonds; "Determination of Taxability" shall be deemed to have occurred upon the happening of any of the following: