Growth Capital Interest Only Period definition

Growth Capital Interest Only Period means, for each Growth Capital Advance, the period of time commencing on its Growth Capital Funding Date through the day before the Growth Capital Amortization Date.
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Growth Capital Interest Only Period means the period of time commencing on the Additional Growth Capital Funding Date and continuing through and including December 31, 2012.
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Growth Capital Interest Only Period is the Effective Date through December 31, 2011; provided however, that such Growth Capital Interest Only Period may be extended as follows: (a) provided that Borrower delivers evidence satisfactory to Bank on or before January 15, 2012, showing that, in Bank’s discretion, Borrower satisfies the Growth Capital Interest Only Extension Requirements as of December 31, 2011, the Growth Capital Interest Only Period shall be extended through March 31, 2012, and (b) further provided that Borrower delivers evidence satisfactory to Bank on or before April 15, 2012, showing that, in Bank’s discretion, Borrower satisfies the Growth Capital Interest Only Extension Requirements as of March 31, 2012, the Growth Capital Interest Only Period shall be further extended through June 30, 2012.
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Examples of Growth Capital Interest Only Period in a sentence

  • Borrower shall make monthly payments of interest only in respect of the Growth Capital Advances commencing on January 1, 2012 and continuing thereafter on the first Business Day of each successive calendar month during the Growth Capital Interest Only Period.

  • For each Growth Capital Advance, Borrower shall make monthly payments of interest only commencing on the first Business Day of the month following the month in which the Growth Capital Funding Date occurs with respect to such Growth Capital Advance andcontinuing thereafter on the first Business Day of each successive calendar month (each a “Growth Capital Interest Only Payment Date”) during the Growth Capital Interest Only Period.

  • For each Growth Capital Advance, Borrower shall make monthly payments of interest only, in arrears commencing on the first day of the month following the month in which the Growth Capital Funding Date with respect to such Growth Capital Advance occurs and continuing thereafter on the first day of each successive calendar month during the Growth Capital Interest Only Period.

  • Borrower shall make monthly payments of interest only on the Growth Capital Advance, in arrears commencing on September 30, 2010 and continuing thereafter on the first day of each successive calendar month (each a “Growth Capital Interest Only Payment Date”) during the Growth Capital Interest Only Period.

  • For each Growth Capital Advance, Borrower shall make monthly payments of interest only commencing on the first Business Day of the month following the month in which the Growth Capital Funding Date occurs with respect to such Growth Capital Advance and continuing thereafter on the first Business Day of each successive calendar month (each a “Growth Capital Interest Only Payment Date”) during the Growth Capital Interest Only Period.

  • Borrower shall make monthly payments of interest only in respect of the Growth Capital Advancescommencing on January 1, 2012 and continuing thereafter on the first Business Day of each successive calendar month during the Growth Capital Interest Only Period.

  • For each Growth Capital Advance, Borrower shall make monthly payments of interest only commencing on the first day of the month following the month in which the Growth Capital Funding Date occurs with respect to such Growth Capital Advance and continuing thereafter on the first day of each successive calendar month (each a “Growth Capital Interest Only Payment Date”) during the Growth Capital Interest Only Period.

  • For each Growth Capital Advance, Borrower shall make monthly payments of interest only, in arrears commencing on the first day of the month following the month in which the Growth Capital Funding Date occurs and continuing thereafter on the first day of each successive calendar month during the Growth Capital Interest Only Period.

  • For the Growth Capital Advance, Borrower shall make monthly payments of interest only commencing on the first day of the month following the month in which the Funding Date occurs with respect to such Growth Capital Advance and continuing thereafter on the first day of each successive calendar month during the Growth Capital Interest Only Period.

  • Borrowers shall make monthly payments of interest only on the Growth Capital Advance, in arrears commencing on January 1, 2009 and continuing thereafter on the first day of each successive calendar month during the Growth Capital Interest Only Period.


More Definitions of Growth Capital Interest Only Period

Growth Capital Interest Only Period means, for each Growth Capital Advance, the period of time commencing on its Growth Capital Funding Date through and including July 1, 2011.
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Growth Capital Interest Only Period means, for each Growth Capital Advance, the period of time commencing on its Growth Capital Funding Date through the day before the Growth Capital Amortization Date. "GROWTH CAPITAL LOAN COMMITMENT" is (a) Four Million Dollars ($4,000,000) through December 31, 2005, plus (b) an additional Four Million Dollars ($4,000,000) if and only if on or before December 31, 2005 one of the following is met: (i) the Series B Closing Condition or (ii) the IPO Condition. "GROWTH CAPITAL MATURITY DATE" is, for each Growth Capital Advance, the earliest of (a) January 1, 2009, the 36th Growth Capital Scheduled Payment Date for each Growth Capital Advance, or (b) the occurrence of an Event of Default and acceleration of the Obligations as a consequence thereof.
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Growth Capital Interest Only Period means, for the Tranche A Growth Capital Advance, the period of time commencing on its Growth Capital Funding Date through the day before its Growth Capital Amortization Date. There will be no Growth Capital Interest Only Period for the Trance B Growth Capital Advance.
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Related to Growth Capital Interest Only Period

  • Interest-Only Period means the period from and including the first Borrowing Date and through and including the sixteenth (16th) Payment Date following the first Borrowing Date.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on March 20, 2020 and ending on and including June 19, 2020, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Interest Only Loan means a Mortgage Loan which only requires payments of interest for a period of time specified in the related Mortgage Note.

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Interest Date means the last day of an Interest Period.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Initial Interest Period shall have the meaning set forth in Section 2.3.1.

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to defining the relevant Interest Periods and Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Compound SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Compound SOFR Note.Average SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Average SOFR Notes will bear interest at a rate per annum equal to Average SOFR (as defined below) plus the Spread.With respect to any Interest Period, unless otherwise specified or modified in the applicable Pricing Supplement, “Average SOFR” will be calculated by the Calculation Agent on each SOFR Interest Determination Date (as defined below) as follows (with the resulting percentage being rounded, if necessary, to the nearest one hundred-thousandth of a percentage point, with 0.000005 being rounded upwards to 0.00001): 0 Where:

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.

  • Redemption Payment Date As defined in Section 13.1.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in February 2028.

  • Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Class A-4 Final Scheduled Payment Date means the June 16, 2025 Payment Date.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including March 31 in the fifth year thereafter.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Adjusted Actual/360 Accrued Interest Amount with respect to any REMIC I Regular Interest referred to in clause (B) of the second sentence of the prior paragraph, for any Interest Accrual Period, is an amount of interest equal to the product of (a) the Net Mortgage Rate then in effect (including as a result of any step-up provision) for the related Mortgage Loan under the original terms of such Mortgage Loan in effect as of the Closing Date (without regard to any modifications, extensions, waivers or amendments of such Mortgage Loan subsequent to the Closing Date, whether entered into by the Master Servicer or the Special Servicer or in connection with any bankruptcy, insolvency or other similar proceeding involving the related Borrower), multiplied by (b) a fraction, the numerator of which is the number of days in such Interest Accrual Period, and the denominator of which is 360, multiplied by (c) the Uncertificated Principal Balance of such REMIC I Regular Interest immediately prior to the Distribution Date that corresponds to such Interest Accrual Period; provided that, if the subject Interest Accrual Period occurs during (x) December of any year that does not immediately precede a leap year or (y) January of any year, then the amount of interest calculated with respect to the subject REMIC I Regular Interest pursuant to this definition for such Interest Accrual Period without regard to this proviso shall be decreased by the Interest Reserve Amount, if any (and the fraction described in clause (B) of the second sentence of the preceding paragraph shall be adjusted accordingly), with respect to the related Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) transferred, in accordance with Section 3.04(c), from the Distribution Account to the Interest Reserve Account on the Master Servicer Remittance Date that occurs immediately following the end of such Interest Accrual Period; and provided, further, that, if the subject Interest Accrual Period occurs during February of any year (or during any December or January preceding the month of the Final Distribution Date), then the amount of interest calculated with respect to the subject REMIC I Regular Interest pursuant to this definition for such Interest Accrual Period without regard to this proviso shall be increased by the Interest Reserve Amount(s), if any (and the fraction described in clause (B) of the second sentence of the preceding paragraph shall be adjusted accordingly), with respect to the related Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) transferred, in accordance with Section 3.05(c), from the Interest Reserve Account to the Distribution Account on the Master Servicer Remittance Date that occurs immediately following the end of such Interest Accrual Period.

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Specified Redemption Date means the tenth Business Day after receipt by the General Partner of a Notice of Redemption; provided that, if the Shares are not Publicly Traded, the Specified Redemption Date means the thirtieth Business Day after receipt by the General Partner of a Notice of Redemption.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in January 2025.

  • Shelf Additional Interest Date shall have the meaning set forth in Section 2(d) hereof.

  • Floating Rate Period has the meaning set forth in section 2.5(b)(ii) hereof.