Monthly Repayment Date definition
Monthly Repayment Date means the first Business Day of a calendar month, and in respect of each Tranche, the “First Monthly Repayment Date” shall mean the first Monthly Repayment Date following the Drawdown Date of such Tranche;
Monthly Repayment Date means the first Business Day of a calendar month from (and including) the Drawdown Date, and “First Monthly Repayment Date” shall mean the Drawdown Date and, if the Drawdown Date is not the first Business Day of a calendar month, the first Business Day of the month following the Drawdown Date;
Monthly Repayment Date means the first day of a calendar month, and “First Monthly Repayment Date” shall mean the first Monthly Repayment Date being either (i) the Drawdown Date (where the Drawdown Date is the first day of a calendar month); or (ii) the first day of the next calendar month following the Drawdown Date (where the Drawdown Date is not the first day of a calendar month);
Examples of Monthly Repayment Date in a sentence
The Borrower shall pay, in advance, during the Interest Only Period and otherwise in arrears, all accrued and unpaid interest in respect of each Tranche outstanding on each Monthly Repayment Date.
More Definitions of Monthly Repayment Date
Monthly Repayment Date means the first Business Day of a calendar month, and "First Monthly Repayment Date" shall mean the first Monthly Repayment Date being either (i) the Drawdown Date (where the Drawdown Date is the first Business Day of a calendar month); or
Monthly Repayment Date means the first day of a calendar month, and "First Monthly Repayment Date" shall mean the first Monthly Repayment Date being the first day of the calendar month following the Issue Date.
Monthly Repayment Date means the first day of a calendar month, and “First Monthly Repayment Date” shall mean the first Monthly Repayment Date being either (i) the first Drawdown Date (where the Drawdown Date is the first day of a calendar month); or (ii) the first day of the next calendar month following the first Drawdown Date (where the first Drawdown Date is not the first day of a calendar month); 1.60 “Notice” has the meaning given in Clause 14.1; 1.61 “Party” means a party to this Loan Agreement; 1.62 “Perfection Requirements” means the making or the procuring of the appropriate recordings, registrations, filings, deliveries, endorsements, notarisations, stampings, and/or notifications of the Security Agreement and/or the Security Interests created thereunder to the Lender in order to achieve the relevant priority for such Security Interest or for the validity and enforceability thereof, including without limitation the deliveiy of physical possession of the relevant share certificates, the giving or procuring the giving of the appropriate notices and payment of associated fees; 1.63 “Permitted Buyback” means any secondary transaction referred to in clause 8.1.2 of the investment agreement entered into between the Borrower and certain of its shareholders dated 11 March 2025, including a substantially similar Secondary Transaction (as defined therein) whereby the Borrower purchases the referenced common shares from existing shareholders and issues new Series B shares to the relevant buyers; 1.64 “Permitted Financial Indebtedness” has the meaning given to that term in Clause 8.1.23; 1.65 “Permitted Guarantee” has the meaning given to that term in Clause 8.1.33; 1.66 “Permitted Security Interests” means (i) a Security Interest provided to the Lender under this Loan Agreement or any Security and Guarantee Document; (ii) any lien arising by operation of law; (iii) Security Interests arising in the ordinary course of trading (including without limitation any security deposits with landlords, retention of title arrangements, hire purchase or conditional sale arrangements with suppliers or similar in each case on standard or usual terms and not arising as a result of any default or omission by any Group Company); (iv) any netting or set-off arrangement entered into by any Group Company in the ordinary course of its banking arrangements for the purpose of netting debit and credit balances; (v) any payment or close out netting or set-off arrangement pursuant to any hedging permitted...
Monthly Repayment Date means the same date of the month as the date on which the NipeBoost Facility Application Offer was Accepted. For the avoidance of doubt, if the Lender first Accepts the NipeBoost Facility Application Offer on the 13th of the month, the monthly repayment date shall be the 13th of each month.
Monthly Repayment Date means the date on which you have agreed to make your Monthly Payment.
Monthly Repayment Date means the first day of a calendar month;
Monthly Repayment Date means the date in each calendar month when the Monthly Payment is made being initially the date specified in the Loan Offer Letter as revised with our agreement;