Expense Payment Date definition

Expense Payment Date means each date falling on the 23rd day of each month other than December and June of each year, commencing January 23, 2022.
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Expense Payment Date means each date falling on the 6th day of each month other than July and January of each year, commencing in August 2017.
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Examples of Expense Payment Date in a sentence

  • The Auction Agent shall advise the Issuer of the amount referred to in the preceding sentence not later than 4:00 p.m. at least two Business Days preceding such Monthly Expense Payment Date.

  • Subject to Section 4.03(c) of the Indenture, on or before each Monthly Expense Payment Date, the Issuer shall pay to the Administrator, as compensation for its services specified hereunder, a fee in the amount of 0.05% (on a per annum basis) of the average principal balance of the Financed Student Loans during the preceding calendar month (the "Administration Fee").

  • In the event the Successor Administrator Fee payable on any Monthly Expense Payment Date is payable based on an annual fee equal to $150,000, the amount in excess of the amount that would have been payable had the Successor Administrator Fee been equal to 0.05% of the average monthly outstanding principal balance over the amount actually paid shall accrue and be payable as a deferred successor administrator fee (the “Deferred Successor Administrator Fee”).

  • The First Expense Payment Date shall be subject to extension as provided in the third paragraph of Section 6.2 of this Sublease, but in no event shall such extension exceed a total of two calendar months.

  • Subject to Section 4.03(c) of the Indenture, on or before each Monthly Expense Payment Date, the Issuer shall pay to the Administrator, as compensation for its services specified hereunder, a fee in the amount of _____% (on a per annum basis) of the average principal balance of the Financed Student Loans during the preceding calendar month (the "Administration Fee").

  • Subject to Section 4.03(c) of the Indenture and Section 21 hereof, on or before each Monthly Expense Payment Date, the Issuer shall pay to the Administrator, as compensation for its services specified hereunder, a fee in the amount of 0.05% (on a per annum basis) of the average principal balance of the Financed Student Loans during the preceding calendar month (the “Administration Fee”).

  • Subject to Section 4.03(c) of the Indenture, on or before each Monthly Expense Payment Date, the Issuer shall pay to the Administrator, as compensation for its services specified hereunder, a fee in the amount of 0.05% (on a per annum basis) of the average principal balance of the Financed Student Loans during the preceding calendar month.

  • Subject to Section 4.3 of the Indenture and Section 21 hereof, on each Monthly Expense Payment Date, the Issuer shall pay to the Administrator, as compensation for its services specified hereunder, a fee in the amount of 0.05% (on a per annum basis) of the average principal balance of the Financed Student Loans during the preceding calendar month (the “Administration Fee”).

  • Subject to Section 4.03(c) of the Indenture, on or before each Monthly Expense Payment Date, the Issuer shall pay to the Administrator, as compensation for its services specified hereunder, a fee in the amount of ____% (on a per annum basis) of the average principal balance of the Financed Student Loans during the preceding calendar month.

  • The retention of title shall also extend to any goods delivered by way of exchange.