Monthly Repayment Date definition

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 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 (ii) the first Business Day of the next calendar month following the Drawdown Date (where the Drawdown Date is not the first Business Day of a calendar month);
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 agrees to repay the Outstanding Loan Balance via a monthly instalment equal to the Minimum Repayment Amount, each of which instalments shall be payable by no later than the Monthly Repayment Date of each month.


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 following the relevant Drawdown Date;
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 (including, for the avoidance of doubt, in the circumstances described in Clause 5.2.5 herein), the first Business Day of the month following the Drawdown Date;
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 first day of a calendar month;

Related to Monthly Repayment Date

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Repayment Date means, when used with respect to any Security to be repaid at the option of the Holder, the date fixed for such repayment by or pursuant to this Indenture.