Examples of Par Prepayment Date in a sentence
For the concrete cover beyond the outer edge of a coupler, of an anchoring component or of a nut, and for the clearance between the outer edges of adjacent couplers, the same values as for unspliced bars shall apply in line with DIN 1045-1, Sections 6.3 and 12.2 or DIN EN 1992-1-1 und DIN EN 1992-1-1/NA, section 4.4.1 and 8.2.The intervals required for installation remain unaffected.
The term “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Permitted Par Prepayment Date.
The “Yield Maintenance Amount” (as the term is used in the Table and elsewhere in this Note) shall mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal and interest from the Prepayment Date through the Permitted Par Prepayment Date (including any balloon payment) determined by discounting such payments at the Discount Rate (hereinafter defined), less the amount of principal being prepaid.
Any prepayment made after the Par Prepayment Date and any voluntary prepayment made in connection with a Casualty/Condemnation Prepayment pursuant to Section 2.3.2 above, shall be made without payment of the Yield Maintenance Premium.
A definition for "Par Prepayment Date," which is shown as a certain "Payment Date" (e.g., the 114th Payment Date), b.
Except during the continuance of an Event of Default, all proceeds of any repayment, including any prepayments of the Loan, shall be applied by Lender as follows in the following order of priority: First, accrued and unpaid interest at the Interest Rate; Second, to Principal; and Third, to any other amounts then due and owing under the Loan Documents, including the Yield Maintenance Premium (if such repayment or prepayment occurs prior to the Par Prepayment Date).
In addition, concurrently with any prepayments of principal, other than as expressly set forth in Section 2.4(f), which occur prior to the Par Prepayment Date, Borrower shall, in addition to the other sums described in this Section 2.4(g), pay the Prepayment Fee, applicable thereto.
Any prepayment made on or after the Par Prepayment Date will not require the payment of any Yield Maintenance Premium.
If the Permitted Release Date has occurred but the Permitted Defeasance Date has not occurred, and provided no Event of Default exists, the Debt may be prepaid in whole (but not in part) prior to the Permitted Defeasance Date upon not less than fifteen (15) Business Days’ prior written notice to Lender specifying the projected date of prepayment and, if such prepayment is made prior to the Permitted Par Prepayment Date, upon payment of an amount equal to the Yield Maintenance Premium.
Provided no Event of Default has occurred and is continuing, on the Permitted Par Prepayment Date, and on any Business Day thereafter through the Maturity Date, Borrower may, at its option, prepay the Debt in full (but not in part) without payment of any yield maintenance or other or premium; provided, however, if for any reason such prepayment is not paid on a regularly scheduled Payment Date, the Debt shall include interest for the full Accrual Period during which the prepayment occurs.