Last Instalment definition

Last Instalment means the last instalment to fall due the Valuation Date.
Last Instalment has the meaning specified in Section 4.2(a)(ii).

Examples of Last Instalment in a sentence

  • We calculate the Interest as of the date the Service Contract entered into force (inclusive) until the date of the Last Instalment of the Loan (inclusive).

  • We calculate the Interest as of the date the Service Contract entered into force (inclusive) until the date of the Last Instalment of the Credit (inclusive).

  • Payment Schedule is the schedule of payment specifying the details of the Facility approved, including the approved Facility Amount, Monthly Instalments, Deferred Sale Price, Prescribed Profit Rate, First Instalment Date, Last Instalment Date, Payment Due Dates, stamp duty and Tenure of the Facility.

  • Premium Payment Mode: Yearly/Half Yearly/Quarterly/Monthly Date of Last Instalment of Premium: Premium Rates: Benefit Description Annual Premium Per Thousand Sum Assured (INR) Base Plan Riders The Premium rate above excludes Goods and Services Tax.

  • I/We may, upon giving the Bank written notice to that effect, prepay all or part of the Outstanding Amounts together with all accrued interest, costs, charges and expenses prior to the Last Instalment Date.

  • On 19 August 2013, after arm’s length negotiations between the relevant parties, the Company and Mr. Cheung entered into a supplemental settlement deed (the “Deed”) to vary and amend certain terms of the Settlement Agreement regarding the settlement of the Last Instalment.

  • Last Instalment due in September-2023.Rate of Interest 12.50% (P.Y. Nil) as at year end.viiTerm Loan amounting to 3,09,03,649/- (P.Y. Nil ) is secured by way of equitable mortgage of property situated at 4th Floor, Sambhaav House, Judges Bungalow, Bodakdev, AhmedabadRepayable in 123 Equated Monthly Installments commencing from August-2013.

  • Subsequent instalments must be paid on the same day of each month thereafter ending on the Date of the Last Instalment.

  • This is payable on the Application Date and represents the amount due between the Application Date and the First Instalment Date the Initial Payment and the equal monthly or quarterly Subsequent Instalments (as specified in the Premium Funding Details), calculated by us in order to repay the Premium Loan and pay all Loan Charges by the Last Instalment Date us by paying the Instalments for the Premium Loan in advance.

  • Subsequent instalments must be paid on the same day of each month thereafter ending on the date of the Last Instalment specified.

Related to Last Instalment

  • Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).

  • Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.

  • Instalment means with respect to each Mortgage Loan Agreement, each instalment due from the relevant Debtor thereunder and which consists of an Interest Instalment and a Principal Instalment.

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

  • Balloon Instalment has the meaning given in Clause 8.1;

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

  • Payable in installments means that payment is required or permitted by agreement to be made in more than four periodic payments, excluding a down payment. If any periodic payment other than the down payment under an agreement requiring or permitting two or more periodic payments is more than twice the amount of any other periodic payment excluding the down payment, a transaction is “payable in installments”.

  • Principal Installment means, as of any date of calculation, (i) the aggregate principal amount of Outstanding Bonds due on a certain future date, reduced by the aggregate principal amount of such Bonds which would be retired by reason of the payment when due and application in accordance with the Resolution of Sinking Fund Payments payable before such future date plus (ii) the unsatisfied balance, determined as provided in the Resolution, of any Sinking Fund Payments due on such certain future date, together with the aggregate amount of the premiums, if any, applicable on such future date upon the redemption of such Bonds by application of such Sinking Fund Payments in a principal amount equal to said unsatisfied balance.

  • 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).

  • Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;

  • Floating Day Count Fraction means, in respect of the calculation of an amount of interest for any Interest Period:

  • 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.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

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

  • Unliquidated Advance Any Advance previously made by a party hereto that has been previously reimbursed, as between the Person that made the Advance hereunder, on the one hand, and the Trust Fund, on the other, as part of a Workout-Delayed Reimbursement Amount pursuant to subsections (ii) (B) and (C) of Section 3.06(a) of this Agreement but that has not been recovered from the Mortgagor or otherwise from collections on or the proceeds of the Mortgage Loan or REO Property in respect of which the Advance was made.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • Drawdown Date means, in relation to each Advance, any date being a Banking Day falling during the relevant Drawdown Period, on which the relevant Advance is, or is to be, made available;

  • Rate Period has the meaning set forth in the Statement.

  • Type 3 Installation means any Technical Installation upon which none of the SW, or only a portion of the SW, deployed is licensed for Use with such TPD, and therefore a TPD is not deployed or running.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Annual Installment means the portion of the PACE loan that is due and payable for a particular year under the supplemental agreement.

  • Floating Quarterly Dividend Rate means, for any Quarterly Floating Rate Period, the rate of interest (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the T-Bill Rate on the applicable Floating Rate Calculation Date plus 1.60% (calculated on the basis of the actual number of days elapsed in such Quarterly Floating Rate Period divided by 365).

  • Loan Period means with respect to any LIBOR Rate Loan, the period commencing on such LIBOR Rate Loan’s Funding Date, the date of the Conversion of any Base Rate Loan into such LIBOR Rate Loan or the date of the Continuation of such LIBOR Rate Loan for a new Loan Period and ending one week or one, two, three or six months thereafter as selected by the Borrower pursuant to Section 2.2(a); provided, however, that:

  • Dividend Date means, in respect of a Preference Share, a date specified in the Issue Resolution on which a Dividend in respect of that Preference Share is payable.