Forgiveness Period definition

Forgiveness Period means the 8-week period beginning on the date of first disbursement of the Loan.
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Forgiveness Period means the 8-week period beginning on the date of first disbursement of the Loan. “Loan” means the loan evidenced by this Note.
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Forgiveness Period means the period that immediately follows the conclusion of the Guarantee Period (which such Forgiveness Period can be for a maximum duration of thirty-six(36) months). During this time, the Physician is required to remain practicing in the Geographic Service Area and maintain medical staff privileges at the applicable Hospital. For Forgiveness Periods of thirty-six (36) months, the forgiveness shall be on the basis of 1/36th of the debt obligation for each month where all conditions are fulfilled. For Forgiveness Periods of a shorter duration, the forgiveness shall be on the basis of 1/(the number of months of the given forgiveness period).
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Examples of Forgiveness Period in a sentence

  • Commencing on the first full calendar month during the Forgiveness Period and continuing on each full calendar month thereafter until the Second Loan Maturity Date, the Second Note will be reduced each month based on the Forgiveness Calculation set forth on the first page.

  • The Borrower may prepay the Second Note, less any amounts forgiven during the Forgiveness Period, at any time without penalty.

  • Borrower shall be responsible for payment of all fees or costs associated with the satisfaction or release of the Subordinate Mortgage, either when the loan is paid off or at the end of the Forgiveness Period.

  • Forgiveness Period is applied for the first semester at ADA University.

  • At the conclusion of the Forgiveness Period, Borrower shall promptly but in no event more than thirty (30) days following the conclusion of the Forgiveness Period submit to Bank all documentation, accompanying certifications and other relevant disclosures required by the SBA under the CARES Act or otherwise requested by Bank on the worksheet provided by Bank for calculation of loan forgiveness amounts, a copy of which will be provided to Borrower after the date hereof.

  • A first offence committed during the Forgiveness Period will not have any further implications.

  • First-time offenders during Forgiveness Period shall fail the component grade and receive a written warning.

  • Participant acknowledges that these restrictions apply for the term of the Forgiveness Period as defined in the LiveYpsi Application Package.

  • The EMU Government and Community Relations Office will verify each Participant’s compliance with the Program every year during the five-year Forgiveness Period.

  • Fabricated bone-in and boneless cuts; cured, smoked and dried meat; and edible by- product that are not individually packaged, will be packed into boxes completely lined with plastic bags.


More Definitions of Forgiveness Period

Forgiveness Period means the period from the Closing through [April 16, 2022].
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Forgiveness Period means the eight-week period following the date of this Agreement.
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Related to Forgiveness Period

  • Effectiveness Period shall have the meaning set forth in Section 2(a).

  • Shelf Effectiveness Period shall have the meaning set forth in Section 2(b) hereof.

  • Class Period means the period from March 29, 2015 to and including October 15, 2020.

  • Access Period has the meaning set forth in Section 8.1(a).

  • business person means any person who is

  • Shelf Suspension Period See Section 3(a) hereof.

  • Shelf Period has the meaning set forth in Section 2.02(b).

  • Settlement Class Period means the period January 1, 2006 through January 31,

  • Shelf Suspension shall have the meaning set forth in Section 3.2.4.

  • Shelf Filing Event shall have the meaning set forth in Section 2(c) hereof.

  • Homeless person means the same as defined in section 48A.2.

  • Business Permits means any approvals, permits, filings, registrations, etc which the Company is required to have for legally and validly operating all its businesses, including without limitation, Business License of Corporate Legal Person, Operation Permit of Value-added Telecommunication Service and such other relevant permits and licenses as required by the then-effective PRC Law.

  • Four Quarter Period means a period of four full consecutive fiscal quarters of the Borrower and its Subsidiaries, taken together as one accounting period.

  • Off-Balance Sheet Obligations With respect to any Person and any date, to the extent not included as a liability on the balance sheet of such Person, all of the following with respect to such Person as of such date: (a) monetary obligations under any financing lease or so-called “synthetic,” tax retention or off-balance sheet lease transaction that, upon the application of any Insolvency Laws, would be characterized as indebtedness, (b) monetary obligations under any sale and leaseback transaction that does not create a liability on the balance sheet of such Person, or (c) any other monetary obligation arising with respect to any other transaction that (i) is characterized as indebtedness for tax purposes but not for accounting purposes, or (ii) is the functional equivalent of or takes the place of borrowing but that does not constitute a liability on the balance sheet of such Person (for purposes of this clause (c), any transaction structured to provide tax deductibility as interest expense of any dividend, coupon or other periodic payment will be deemed to be the functional equivalent of a borrowing).

  • Shelf Registration Period has the meaning set forth in Section 3(b) hereof.

  • Cover Period means the period from the cover start date to the cover end date.

  • stateless person means a person as referred to in Article 1 of the Convention relating to the Status of Stateless Persons, done at New York on 28 September 1954;

  • the works period means the period starting at 20:00 hours on Monday 9th

  • Interest Expense means, for any period, the aggregate of the interest expense of Parent and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Interest Expenses means, with respect to any Person for any period, the sum, determined on a consolidated basis in accordance with GAAP, of (a) all interest expenses of such Person during such period (including interest attributable to Capital Leases) plus (b) all fees in respect of outstanding letters of credit paid, accrued or scheduled for payment by such Person during such period.

  • Off-Balance Sheet Obligation means, with respect to any Person, any Obligation of such Person under a synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing classified as an operating lease in accordance with GAAP, if such Obligations would give rise to a claim against such Person in a proceeding referred to in Section 6.01(h).

  • Payoff Period For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.

  • PIK Period means the period beginning on the first Borrowing Date through and including the earlier to occur of (i) the sixteenth (16th) Payment Date after the first Borrowing Date and (ii) the date on which any Default shall have occurred (provided that if such Default shall have been cured or waived, the PIK Period shall resume until the earlier to occur of the next Default and the sixteenth (16th) Payment Date after the first Borrowing Date).

  • Shelf Filing Deadline As defined in Section 4(a) hereof.

  • Look-back Period means, with respect to any Employment Violation by Grantee, the period beginning on the date which is 12 months prior to the date of such Employment Violation by Grantee and ending on the date of computation of the Recapture Amount with respect to such Employment Violation.

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).