Initial Premium Due Date definition

Initial Premium Due Date means the date set forth in Clause 14B of the Special Conditions.
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Initial Premium Due Date. [Date no later than the date falling 15 calendar days after the Effective Date] CLAUSE 15A. Specified Project Agreement [(1)] Agreement dated [as of] , 20 , among the Host Government, [Project Enterprise] [Guarantee Holder]; [and (2) [describe others if applicable]] [Not applicable]
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Initial Premium Due Date means the date specified in Clause 14B of the Special Conditions.
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Examples of Initial Premium Due Date in a sentence

  • If the Guarantee Holder fails to pay to MIGA, on or before the Initial Premium Due Date, the full amount of the Total Amount Due for the first Contract Period, MIGA may by notice to the Guarantee Holder terminate this Contract immediately, retroactively to the Effective Date and without any obligation whatsoever, rendering this Contract null and void and, irrespective of whether a Notice of Termination has been delivered, MIGA shall have no liability to pay compensation for any Loss.

  • Initial Premium Due Date: [Insert date no later than the date falling 15calendar days after the Effective Date.] CLAUSE 15.

  • Facility Fee for the FirstContract Period:[Amount in Guarantee Currency], payable on or before the Initial Premium Due Date.

  • Total Amount Due for theFirst Contract Period:[Amount in Guarantee Currency], payable on or before the Initial Premium Due Date.

  • Standby Option Fee forthe First Contract Period:[Amount in Guarantee Currency], payable on or before the Initial Premium Due Date.

  • If the Guarantee Holder fails to pay to MIGA, on or before the Initial Premium Due Date, the full amount of the Total Amount Due for the first Contract Period, MIGA may by Notice of Termination terminate this Contract immediately, retroactively to the Effective Date and without any obligation whatsoever, rendering this Contract null and void and, irrespective of whether a Notice of Termination has been delivered, MIGA shall have no liability to pay compensation for any Loss.

  • If the Guarantee Holder fails to pay the full amount of the Total Amount Due on the Initial Premium Due Date, MIGA may by notice to the Guarantee Holder terminate the Contract immediately, retroactively to the Effective Date and without any obligation whatsoever, and the Contract shall be deemed null and void, and MIGA shall have no liability to pay compensation for any Loss arising during any period between the Effective Date and the Initial Premium Due Date.

  • If the Guarantee Holder fails to pay to MIGA, on or before the Initial Premium Due Date, the full amount of the Total Amount Due for the first Contract Period, MIGA may by notice to the Guarantee Holder terminate this Contract immediately, retroactively to the Effective Date and without any obligation whatsoever, rendering this Contract null and void and, irrespective of whether a Notice of Termination has been delivered, MIGA shall have no liability to paycompensation for any Loss.

  • CLAUSE 12A.Annual Standby Option Fee Rate:[ ]% [Not applicable.]CLAUSE 12B.Standby Option Fee for the First Contract Period:[Amount in Guarantee Currency], payable on or before the Initial Premium Due Date.

  • If the Guarantee Holder fails to pay the full amount of the Total Amount Due on the Initial Premium Due Date, MIGA may by notice to the Guarantee Holder terminate this Contract immediately, retroactively to the Effective Date and without any obligation whatsoever, rendering this Contract null and void and, irrespective of whether a Notice of Termination has been delivered, MIGA shall have no liability to pay compensation for any Loss.

Related to Initial Premium Due Date

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Installment Due Date means, for any monthly installment of interest only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note. The "First Installment Due Date" under this Note is October 1, 2007.

  • Due Date The day of the month on which the Monthly Payment is due on a Mortgage Loan, exclusive of any days of grace.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Bill Due Date means thirty (30) calendar days from the bill date.

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

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

  • Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Credit allowance date means with respect to any qualified equity investment:

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.