Loan Period Commencement Date definition

Loan Period Commencement Date means the date the Installment Loan was approved by the Bank.
Loan Period Commencement Date means the date the loan was approved by the Bank as stated in the disclosure statement.

Examples of Loan Period Commencement Date in a sentence

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  • I also understand that my first Monthly Installment Amount Due may be different than my succeeding Monthly Installment Amounts Due since the interest component of my first Monthly Installment Amount Due is pro-rated based on the number of days from the Loan Period Commencement Date to the first Statement Date of my Citi Personal Loan account.

  • A sample calculation is illustrated below: • Approved Loan Amount: Sixty-Five Thousand Pesos (PhP65,000)• Loan Period: Twelve (12) months• Annual Contractual Rate: Twenty-Nine 9/100 per cent (29.9%)• Effective Annual Interest Rate: Thirty-Eight 98/100 per cent (40.19%)• Loan Period Commencement Date: March 24, 2023• Next Statement Date: April 12, 2023 The Annual Contractual Rate is the interest charged on my loan based on a three hundred sixty (360)-day period.

  • In addition to all other requirements set forth herein and in the Loan Agreement for Borrower to obtain Term Loan Draws, the maximum aggregate amount of the Term Loan Draws available to Borrower pursuant to this Note shall be determined by subtracting the amount of the Construction Loan that is rolled into the Term Loan on the Term Loan Period Commencement Date from Three Million One Hundred Thousand Dollars ($3,100,000).

  • During the Term Loan Period, interest on the Term Loan at the Term Loan Interest Rate shall be payable monthly in arrears on each Payment Date with the first payment commencing on: (i) November 1, 2003, if the Term Loan Period Commencement Date occurs on October 15, 2003 and (ii) the first day of the second month immediately succeeding the Term Loan Period Commencement Date, if the Term Loan Period Commencement Date occurs prior to October 15, 2003.

Related to Loan Period Commencement Date

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

  • 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.

  • 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.

  • 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;

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

  • Billing Commencement Date means the earlier of:

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

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

  • 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.

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

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

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • 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;

  • 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.

  • 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.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Commencement Date means the date of this Agreement.

  • Service Commencement Date in respect of a Service or a particular instance of a Service means the date on which that particular Service or particular instance of a Service is first provided to the Customer, or as otherwise explicitly set out in this Agreement;

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

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • commencement day means the day on which the State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Part 2 Division 29 comes into operation;

  • 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.

  • 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;

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Reemployment Commencement Date means the first day following a One-Year Period of Severance on which an Employee is entitled to be credited with an Hour of Service described in Paragraph (a)(1) of the definition of “Hour of Service” in this Article.

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