Financing Payment definition

Financing Payment means any amount payable by the Recipient to the Association pursuant to the Financing Agreement, including (but not limited to) any amount of the Withdrawn Credit Balance, the Service Charge, the Interest Charge, any deferred amount pursuant to the Financing Agreement and any interest thereon, the Front-end Fee, the Commitment Charge, any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, any Unwinding Amount payable by the Recipient, and any refund of the Withdrawn Grant Balance payable by the Recipient, as applicable.”

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Financing Payment means any amount payable by the Recipient to the Association pursuant to the Financing Agreement or these General Conditions, including (but not limited to) any amount of the Withdrawn Credit Balance, the Service Charge, the Commitment Charge, interest and any refund of the Withdrawn Grant Amount payable by the Recipient.”

Financing Payment is modified by inserting the words “the Interest Charge” between the words “the Service Charge” and “the Commitment Charge”.

Examples of Financing Payment in a sentence

• The Company shall give written notice to each holder of Subordinated Debt of any Senior Financing Payment Default (and any acceleration of the maturity of any Indebtedness as a result thereof) and the receipt of any notice under Section 13.2(b)(i) or Section 13.2(b)(ii) immediately upon the occurrence or receipt thereof, as the case may be.

• Accordingly, in the event Tenant does not Complete the Initial Project Improvements by the Outside Construction Completion Date for any reason other than Landlord’s breach of this Lease, then, from and after the Fifth (5th) Lease Year, Tenant shall pay to Landlord each month the Tenant Public Financing Payment (the “TPFP”) based on the formula set forth below (collectively, “Construction Late Charges”).

• This Agreement will automatically terminate, if those payments due according to the Financing Payment Schedule are not met.

• For purposes of this section, “Event of Taxability” means a determination that the interest portion of a Tax-Exempt Financing Payment is included for federal income tax purposes in the gross income of the Bank due to University’s action or failure to take action, including breach of covenants set forth in section 17.1 hereof.

• The parties to this Agreement agree to treat the exchange of the Existing Holdings Notes for the Notes and the Financing Payment as a recapitalization within the meaning of Section 368(a)(1)(E) of the Code with the Financing Payment being subject to tax pursuant to Section 356 of the Code.

More Definitions of Financing Payment

Financing Payment means any amount payable by the Recipient to the Association pursuant to the Financing Agreement or these General Conditions, including (but not limited to) any amount of the Withdrawn Credit Balance, the Service Charge, the Commitment Charge, and any refund of the Withdrawn Grant Amount payable by the Recipient.

Financing Payment means any amount payable by the Recipient to the Association pursuant to the Financing Agreement, including (but not limited to) any amount of the Withdrawn Credit Balance, the Service Charge, the Interest Charge, the Front-end Fee, the Commitment Charge, interest at the Default Interest Rate (if any), any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Recipient and any premium payable upon and any refund of the Withdrawn Grant Balance payable by the Recipient, as applicable.”

Financing Payment means an amount per Security calculated as follows: (1) on the Initial Trade Date, the Financing Payment is equal to zero; (2) on each subsequent calendar day, the Financing Payment equals the product of (i) the Financing Rate divided by 360 times (ii) the Current Principal Amount on the previous calendar day.

Financing Payment is modified to read as follows:

Financing Payment means, with respect to each Purchaser, on the Closing Date, an amount equal to 3% of the aggregate principal amount of Notes issued to such Purchaser on or as of the Closing Date.

Financing Payment means any amount payable by the Recipient or the Guarantor to the Bank pursuant to the Legal Agreements or these Standard Conditions, including (but not limited to) any amount of the Withdrawn Financing Balance, the interest, and any refund of the Withdrawn Financing Amount payable by the Recipient.

Financing Payment and “Financing Payments” shall have the meaning given to such terms in Section 4.2(a) hereof.