Repayment Cap definition

Repayment Cap means with respect to any date of determination, the Certificate Principal Balance on the Closing Date multiplied by 0.0075.
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Repayment Cap has the meaning set forth in Section 3.3, being 1.5x the aggregate amount disbursed.
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Repayment Cap means amount that is 2.0x the Amount of the Loan.
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Examples of Repayment Cap in a sentence

  • If the sum of the three Pro-Rata Shares do not equal the Repayment Cap, Company shall pay the Investor/Lender the difference between the sum of the three Pro-Rata Shares and the Repayment Cap, which amount shall be paid on December 1, 2019, i.e., concurrent with the payment of the third Pro-Rata Share.

  • The Company hereby agrees that in no circumstance is the Company liable to pay any award of damages exceeding the Repayment Cap.

  • Therefore, under this Agreement, the Investor/Lender will receive no more and no less than exactly the amount of the Repayment Cap, except in the Event of a Default or Permitted Deferral, as set forth herein.

  • This Agreement shall terminate when the Investor/Lender is paid the amount equal to the Repayment Cap.

  • Any provision of this instrument (other than the Repayment Cap) may be amended, waived or modified as follows: upon the written consent of the Company and the holders of a majority in principal of the Loan Amounts raised in this offering.

  • The Company may prepay to the Investor/Lender any portion of any Pro-Rata Share up to the Repayment Cap at any time at its sole and unfettered discretion.


More Definitions of Repayment Cap

Repayment Cap means the maximum amount Athlete can be obliged to pay to TokenStars.
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