New Repayment Date definition

New Repayment Date shall have the meaning provided in Section 2.5(d).
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Examples of New Repayment Date in a sentence

  • The Borrower shall repay accrued interest on the Loan on the New Repayment Date.

  • Interest charged on the Loan shall be calculated on the actual number of days elapsed up to but excluding the New Repayment Date and on the basis of a 365-day year.

  • If the Borrower defaults in repayment on the New Repayment Date of any part of the Loan, interest or other amounts payable under the Loan Agreement, the Borrower shall pay additional interest on such overdue sums from the New Repayment Date until payment in full (before and after judgment, if applicable) at the rate of 10% per annum.

  • Subject to the Lender’s overriding right of repayment on demand, the Borrower shall repay the Loan in full in one lump sum together with all interest accrued thereon and all other monies payable under the Loan Agreement on the New Repayment Date.

  • On 6 September 2016, the parties to the Loan Agreement agreed to extend the Repayment Date to the New Repayment Date.

  • The Borrower shall repay accrued interest on the First Loan and the Second Loan on the New Repayment Date.

  • All the repayments/payments by the Borrower under the Loan Agreement shall be made to the Lender on the New Repayment Date.

  • If the Borrower defaults in repayment on the New Repayment Date of any part of the Loan, interest or other amounts payable under the Loan Agreement, the Borrower shall pay additional interest on such overdue sums from the New Repayment Date until payment in full (before and after judgment, if applicable) at the rate of 14% per annum.

  • If the Borrower defaults in repayment on the New Repayment Date of any part of the First Loan and the Second Loan, interest or other amounts payable under the First Loan Agreement and the Second Loan Agreement, the Borrower shall pay additional interest on such overdue sums from the New Repayment Date until payment in full (before and after judgment, if applicable) at the rate of 10% per annum.

  • Following this review the Lender, at its absolute discretion, may offer to extend its participation under the Facility Agreement to a date falling 12 months after the Existing Repayment Date (New Repayment Date) by delivering to Sims a signed Renewal Notice attaching a proposed Key Terms Schedule.

Related to New Repayment Date

  • First Repayment Date means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche;

  • 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.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).