First Installment Date definition

First Installment Date means the date the first monthlyinstallment of interest is due. The first installment date will be on the 28th day of the month following the month in which the Final Disbursement Date occurs. “AMORTIZATION COMMENCEMENT DATE” means the date the first monthly installment of principal and interest is due. The Amortization Commencement Date will be the 28th day of the month in which the In-School Period ends. “FINAL DISBURSEMENT DATE” means the earliest of (i) the date when the total of all amounts authorized to be advanced hereunder has been advanced, (ii) the date when you determine that no additional advances will be made (in the circumstances described under “Advances”) or (iii) the date when I notify you that I do not want any additional advances. Estimated Credit Terms-Right to Prepay in Full or in Part. I have agreed to repay this loan according to the schedule set forth above. Interest will be assessed on the basis of the average daily outstanding principal balance during the applicable assessment period. Interest will be computed on the basis of a 365 or 366-day calendar year, unless a different method of calculating interest is required by applicable law. I may prepay the unpaid principal balance in full at any time without penalty. If I do so the entire unearned FINANCE CHARGE will be canceled. I will not receive any refund of the earned portion of the FINANCE CHARGE; provided, however, that no FINANCE CHARGE will thus be imposed which is in excess of applicable law. I also may prepay part of the loan at any time without penalty. If I prepay part of the loan I will still be required to make monthly payments in the amounts set forth above, but the number of such monthly payments will be reduced, thereby shortening the repayment period of the loan. A full or partial prepayment will decrease the total amount of the FINANCE CHARGE you have estimated, since interest is being calculated on the basis of the average daily outstanding principal balance. I understand that if I make a scheduled payment after it is due or if I make a scheduled payment prior to its due date, the total amount of the FINANCE CHARGE will increase or decrease accordingly since interest is being calculated on the basis of the average dailyoutstanding principal balance. I also understand that the “Total of Payments” disclosed is estimated since the total amount to be advanced to me or on my behalf is estimated and the FINANCE CHARGE is calculated on the basis of Obligation to Prepay ...

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First Installment Date means June 30, 2022.

First Installment Date means the date the first monthly installment of interest is due. The First Installment Date will be on the 28th day of the month following the month in which the Final Disbursement Date occurs. “AMORTIZATION COMMENCEMENT DATE” means the date the first monthly installment of principal and interest is due. The Amortization Commencement Date will be the 28th day of the month in which the In-School Period ends. “FINAL DISBURSEMENT DATE” means the earliest of (i) the date when the total of all amounts authorized to be advanced hereunder has been advanced, (ii) the date when you determine that no additional advances will be made (in the circumstances described under “Advances”) or

Examples of First Installment Date in a sentence

• The deferred portion of the Purchase Price which the Purchaser is to pay to the Seller shall be paid in the Installment Amounts, commencing on the First Installment Date and continuing on the same day of each Installment Period thereafter until the Final Payment Date, at which time all outstanding principal, together with accrued and unpaid interest thereon, shall be due and payable.

• If prior to the First Installment Date or 6 Month Anniversary Date either you terminate your employment for any reason or the Company terminates your employment for Cause, you will forfeit and not receive any unpaid portion of your Retention Bonus.

• Your installment payments will be paid no later than 30 days following the applicable First Installment Date or 6 Month Anniversary Date.

• Payments shall be applied first to payment of any fees, costs, expenses and other amounts (other than principal and interest) due, then to payment of accrued but unpaid interest, if any, then to the portion of the Principal Amount due on the First Installment Date, then to the portion of the Principal Amount due on the Second Installment Date, then to the portion of the Principal Amount due on the Third Installment Date, then to the portion of the Principal Amount due on the Fourth Installment Date.

• Installment Date” and, together with the First Installment Date, the Second Installment Date and the Third Installment Date, the “Installment Dates”.

More Definitions of First Installment Date

First Installment Date means the date upon which the Customer is required to make the First Installment Payment;

First Installment Date shall have the meaning set forth in Section 5(a).

First Installment Date as defined in Section 2.3.

First Installment Date means the first anniversary of the Closing Date.

First Installment Date means _____, 2010 [the date that is twelve (12) months from the date hereof].

First Installment Date means the twenty-first (21st) Trading Day immediately following the earlier to occur of (a) the Effective Date (as defined in the Registration Rights Agreement) of the Registration Statement initially filed by the Company with the SEC on January 4, 2010 (which the filing date thereof was changed to December 31, 2009) and (b) May 24, 2010.

First Installment Date means June 23, 2010.