Repayment Date definition
Examples of Repayment Date in a sentence
In order for a Security to be repaid in whole or in part at the option of the Holder, the Trustee must receive, at the Corporate Trust Office, or such other office of which the Company shall from time to time notify the Holders of the Securities, at least 30 days but not more than 60 days prior to the Repayment Date on which this Security is to be repaid, this Security with the form entitled "Option to Elect Repayment" below duly completed.
In addition, regular interest shall continue to accrue at the Tranche’s Series 2021-1 Class A-2 Note Rate from and after such Tranche’s Series 2021-1 Anticipated Repayment Date.
On any Repayment Date, this Security shall be repayable in whole or in part in increments of $1,000 at the option of the Holder hereof at a repayment price equal to 100% of the principal amount to be repaid, together with accrued interest thereon to the Repayment Date.
The tenor of the Loans under this Agreement commences on (and includes) the Drawdown Date of the first Loan and ends on (and includes) the Repayment Date of the last Loan, being a period of no more than [10] years (the "Loan Tenor").
In addition, regular interest shall continue to accrue at the Series 2025-1 Class A-2 Note Rate from and after the Series 2025-1 Anticipated Repayment Date.