Level Payment Commencement Date definition

Level Payment Commencement Date means May 1, 2040.
Sample 1Sample 2Sample 3
Level Payment Commencement Date means the Semi-Annual Payment Date following the end of the [ ] ([ ]th) consecutive Payment Period.
Sample 1Sample 2
Level Payment Commencement Date means the earliest to occur of (a) April 1, 2029;
Sample 1

Examples of Level Payment Commencement Date in a sentence

  • To the extent any prepayments (in addition to the Fixed Level Payments) are made on or after the Level Payment Commencement Date, the amount of such prepayment shall be applied to the then applicable remaining Outstanding TIFIA Loan Balance.

  • To the extent any mandatory or voluntary prepayments of the TIFIA Loan are made prior to the Level Payment Commencement Date, the amount of such prepayment shall be applied to reduce the Outstanding TIFIA Loan Balance as of the Level Payment Commencement Date.

  • To the extent that any prepayments of the TIFIA Loan shall be made prior to the Level Payment Commencement Date, the amount of such prepayment shall be applied to reduce the Outstanding TIFIA Loan Balance as of the Level Payment Commencement Date.

  • On each Payment Date commencing on the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amount of 100% of the amount of principal of and interest on the TIFIA Loan due and payable as of such date as set forth on Exhibit G and Exhibit H, which payments shall be made in accordance with Section 9(d); provided that if such Payment Date is an Interim Payment Date, the amount payable shall be as calculated in Section 9(d)(ii).

  • On each Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date and prior to the Level Payment Commencement Date, the Borrower shall pay TIFIA Mandatory Debt Service in the amounts set forth in respect of such Semi-Annual Payment Date on Exhibit G, as the same may be revised as provided in Section 7 (Outstanding TIFIA Loan Balance; Revisions to Exhibit G and Loan Amortization Schedule), which payments shall be made in accordance with Section 9(g) (Manner of Payment).

  • On each Semi-Annual Payment Date commencing on the Level Payment Commencement Date, the Borrower shall pay TIFIA Mandatory Debt Service in the amount of one hundred percent (100%) of the Fixed Level Payment, which payments shall be made in accordance with Section 9(e) (Fixed Level Payments) and Section 9(g) (Manner of Payment).

  • The amount of any prepayment (in addition to the Fixed Level Payments) that is made on or after the Level Payment Commencement Date shall be applied to the then remaining Outstanding TIFIA Loan Balance, and the Fixed Level Payments shall be recalculated in accordance with Section 8(d).

  • The amount consisting of (i) the interest payment due on April 1 of any calendar year plus (ii) the sum of the principal and interest payments due on October 1 of such calendar year, will be approximately equal in amount for each such period during the Level Payment Period (each such amount, including the first payment of WIFIA Debt Service, which shall be the payment of principal and interest on the Level Payment Commencement Date, a “Fixed Level Payment”).

  • The amount of any prepayment (in addition to the Fixed Level Payments) that is made on or after the Level Payment Commencement Date shall be applied to the then remaining Outstanding TIFIA Loan Balance, and the Fixed Level Payments shall be recalculated in accordance with in Section 9(d) (Fixed Level Payment).

  • On each Semi-Annual Payment Date occurring on or after the Level Payment Commencement Date, the Borrower shall pay TIFIA Debt Service in the amount of one hundred percent (100%) of the Fixed Level Payment, which payments shall constitute TIFIA Mandatory Debt Service and shall be made in accordance with this Section 9(e) and Section 9(h) (Manner of Payment).


More Definitions of Level Payment Commencement Date

Level Payment Commencement Date means [___]].38
Sample 1
Level Payment Commencement Date means December 31, 2052.
Sample 1
Level Payment Commencement Date means the 41st Semi-Annual Payment Date after the Debt Service Payment Commencement Date.
Sample 1
Level Payment Commencement Date means October 1, 2022.
Sample 1
Level Payment Commencement Date means May 1, 2040. NYDOCS01/1680937.11680937.3 15
Sample 1

Related to Level Payment Commencement Date

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Billing Commencement Date means the earlier of:

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Offering Commencement Date means the first day of each Offering Period.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • Recommencement Date As defined in Section 6(d) hereof.

  • Annuity Commencement Date means the first day of any month upon which an annuity begins under the Contract. However, for any Participant, this date shall not be later than the required beginning date as defined in the applicable sections of the Code and Regulations issued thereunder.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • 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.

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.