Optional Payments definition

Optional Payments as defined in Subsection 8.6(e).
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Optional Payments. You may request Utopia make recurring payments (i.e. mortgage, Insurance. or HOA fees) from rent proceeds. Upon approval, they will be reflected on your monthly stmt. Please provide one copy of invoice/statement for each payment upon sign-up.
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Optional Payments means any Insured Payment made at the option of Financial Security hereunder in respect of Realized Losses, but not required to be made by Financial Security hereunder.
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Examples of Optional Payments in a sentence

  • Limitation on Optional Payments and Modifications of Instruments and Agreements .

  • Limitation on Optional Payments and Modifications of Debt Instruments and Other Documents...................

  • Limitation on Optional Payments and Modifications of Debt Instruments, Etc.

  • Limitation on Optional Payments and Modifications of Instruments and Agreements...................69 7.11.

  • Limitation on Optional Payments and Modifications of Debt Instruments...........

  • Limitation on Optional Payments and Modifications of Debt Instruments, Certain Derivative Transactions, etc.

  • Optional Payments and Modifications of Debt Instruments and other Material Agreements........................................................

  • NEGATIVE COVENANTS 75 8.1 Financial Condition Covenants 75 8.2 Indebtedness 76 8.3 Liens 77 8.4 Fundamental Changes 78 8.5 Disposition of Property 78 8.6 Restricted Payments 79 8.7 Capital Expenditures 79 8.8 Investments 80 8.9 Optional Payments and Modifications of Certain Debt Instruments.

  • Limitation on Optional Payments and Modifications of Instruments and Agreements......................................70 7.11.

  • Limitation on Optional Payments and Modifications of Instruments and Agreements......................................72 7.11.


More Definitions of Optional Payments

Optional Payments. The New Term Loans may be prepaid by the Issuer in minimum amounts to be agreed upon Amortization: Amortization schedule and mandatory prepayments to be agreed Guaranties: By the Guarantors Interest Rate: Interest on the New Term Loans shall be payable quarterly, in arrears, at a fixed rate per annum equal to 9.89%
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Optional Payments. The Senior Revolving Exit Facility may be prepaid by the Issuer in minimum amounts to be agreed upon Guaranties: By the subsidiaries of the Issuer which have issued or are obligated to issue guarantees or will be obligated to issue guarantees under the existing credit facilities (collectively, the "Guarantors")
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Related to Optional Payments

  • Additional Payments means additional amounts required to be paid to a holder of any Note pursuant to Section 13 by reason of a Change in Tax Law; and a “Change in Tax Law” means (individually or collectively with one or more prior changes) (i) an amendment to, or change in, any law, treaty, rule or regulation of Canada after the date of the Closing, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation after the date of the Closing, which amendment or change is in force and continuing and meets the opinion and certification requirements described below or (ii) in the case of any other jurisdiction that becomes a Taxing Jurisdiction after the date of the Closing, an amendment to, or change in, any law, treaty, rule or regulation of such jurisdiction, or an amendment to, or change in, an official interpretation or application of such law, treaty, rule or regulation, in any case after such jurisdiction shall have become a Taxing Jurisdiction, which amendment or change is in force and continuing and meets such opinion and certification requirements. No such amendment or change shall constitute a Change in Tax Law unless the same would in the opinion of the Company (which shall be evidenced by an Officer’s Certificate of the Company and supported by a written opinion of counsel having recognized expertise in the field of taxation in the Taxing Jurisdiction, both of which shall be delivered to all holders of the Notes prior to or concurrently with the Tax Prepayment Notice in respect of such Change in Tax Law) affect the deduction or require the withholding of any Tax imposed by such Taxing Jurisdiction on any payment payable on the Notes.

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Principal Payments For any Purchased Asset, all payments and prepayments of principal received for such Purchased Asset, including insurance and condemnation proceeds which are permitted by the terms of the Purchased Asset Documents to be applied to principal and are, in fact, so applied and recoveries of principal from liquidation or foreclosure which are permitted by the terms of the Purchased Asset Documents to be applied to principal and are, in fact, so applied.

  • Scheduled Payments has the meaning specified in the Note Policy.