Initial Due Date definition

Initial Due Date means, for a Taxable Year, the due date (without extensions) for filing the U.S. federal income Tax Return of the Corporation for such Taxable Year.
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Initial Due Date means the date that is ninety (90) days after the Financial Statements Delivery Date.
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Initial Due Date means the date that Borrower is required to pay the Partial Release Price for a House or Lot to Lender. The Initial Due Dates for Model Houses, Pre-Sold Houses, Spec Houses and Lots are set forth in Exhibit “A” attached hereto.
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Examples of Initial Due Date in a sentence

  • Any such Interest Reserve Initial Deposit and Initial Due Date Loan Initial Deposit will be allocated and distributed in accordance with the Pooling and Servicing Agreement.

  • Following the Initial Due Date, the Minimum Payment is due each month on the same day of the month as the Initial Due Date even if the Due Date falls on a weekend or a holiday (together with the Initial Due Date, the “Due Date”).

  • The Term Note shall be dated as of the date of the Effective Date and shall be due and payable in full on or before September 30, 2003 ("Initial Due Date") unless this Agreement is sooner terminated in accordance with the terms and conditions of this Agreement.

  • Subject to Section 3.4, the amount of “Extension Rate Interest” calculated in respect of the Net Tax Benefit (including previously accrued Imputed Interest) for a Taxable Year will equal interest calculated at the Agreed Rate from the Initial Due Date until the date on which the Corporation makes a timely Tax Benefit Payment to the Member on or before the Final Payment Date as determined pursuant to Section 3.1(a).

  • The Maximum Credit Amount of any Lot or House which has been included in the Borrowing Base beyond the applicable Initial Due Date shall be reduced to zero (0), and such Lot or House shall thereafter be disqualified from the Borrowing Base.

  • By way of example, if the date of Substantial Completion is April 7, 2007, but there was a delay of two days in obtaining a governmental permit (an event of Force Majeure), the Initial Due Date would be April 2, 2007 and Tenant would be entitled to five (5) days of free Rent.

  • Each Spec or Sold Home and Lot shall be included in Eligible Property for the period commencing on the applicable Home Eligibility Date and ending on the applicable Home Initial Due Date for each said Spec or Sold Home and Lot, unless Agent, in its sole and absolute discretion, elects to extend said Home Initial Due Date.

  • Section 1.3(a) of the Term Loan Agreement contains the terms and provisions pursuant to which an extension of the Initial Due Date may be granted by ▇▇▇▇▇ for the Term Note.

  • Each Model Home and Lot shall be included in Eligible Property for the period commencing on the applicable Home Eligibility Date and ending on the applicable Home Initial Due Date for each said Model Home and Lot, unless Agent, in its sole and absolute discretion, elects to extend said Home Initial Due Date.

  • After the expiration of the applicable Home Initial Due Date unless extended by Agent in its sole and absolute discretion), such Model Home and Lot shall continue to be included as Collateral, unless released as provided for herein, but shall be excluded from Eligible Property.