Loan Payment Date definition

Loan Payment Date means any date on which any Bond Service Charges are due and payable.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Loan Payment Date. The “Payment Date” as defined in the Loan Agreement.

Loan Payment Date means the tenth (10th) Business Day following each Determination Date; provided that the final Loan Payment Date shall occur on the Maturity Date.

Examples of Loan Payment Date in a sentence

• Such payments shall be made to the Fiscal Agent by 2:00 p.m., New York City time, on each Loan Payment Date.

• Following the Conversion Date, each Borrower Loan Payment made by the Borrower shall be made in funds immediately available to the Servicer by 2:00 p.m., New York City time, on the date that is two (2) Business Days prior to the Borrower Loan Payment Date.

• Through and including the Conversion Date, each Borrower Loan Payment made by the Borrower shall be made in funds immediately available to the Servicer by 11:00 a.m., New York City time, one Business Day prior to the Borrower Loan Payment Date or, if to the Fiscal Agent, by 2:00 p.m., New York City time, one Business Day prior to the Borrower Loan Payment Date.

• In addition, on each Loan Payment Date, the Borrower shall pay to the Fiscal Agent for deposit into the Prepayment Fund the amount set forth for such purpose on Schedule 3 hereto, which amount shall be applied on each Principal Payment Date to the mandatory sinking fund prepayment of the Borrower Note pursuant to Section 7(c) thereof.

• Accrued interest on this Note shall be paid in arrears on each Loan Payment Date.

More Definitions of Loan Payment Date

Loan Payment Date. The 6th day of each calendar month in which the related Interest Accrual Period ends (or if such date is not a Business Day (as such term is defined the Loan Agreement), the immediately preceding Business Day).

Loan Payment Date means any date on which any of the Loan Payments are due and payable, whether at maturity, upon acceleration, call for redemption or prepayment, or otherwise.

Loan Payment Date means an Interest Payment Date, Principal Payment Date or any other date on which the principal of and interest on the Bonds is payable.

Loan Payment Date. “Scheduled Payment Date” as defined in the Loan Agreement.

Loan Payment Date means the fifth Business Day preceding each Bond Payment Date.

Loan Payment Date means the first Business Day of each month, commencing on the First Payment Date.

Loan Payment Date has the meaning set forth in Section 2.01(b).