Examples of Supplemental Payment Date in a sentence
The aggregate scheduled rental payments under the Pooled Assets securing Series 6 Bonds during the six-month periods ending on each Supplemental Payment Date for Bonds of such Series to and including the final Stated Maturity of the Series 6 Bonds after deducting all Servicer's fees and Trustee's fees respecting such Pooled Assets and Series 6 Bonds accruing during such period equal or exceed the principal of and interest on the Series 6 Bonds which are due and payable on such Semiannual Payment Date.
Commencing on the seventh (7th) month after each Funding Date (the “Supplemental Conversion Date”), on each Supplemental Payment Date, Borrower shall repay the unpaid principal amount of each Supplemental Term Loan Advance in equal monthly payments of principal and interest which would fully amortize the amount of such Supplemental Term Loan Advance from the Supplemental Conversion Date until the Maturity Date at the applicable Supplemental Basic Rate.
The property is subject to a 2% NSR in favour of the optionor, up to a maximum of $1,000.
Buyer shall (a) prepare a statement ("Statement of Supplemental Payment") showing a clear and detailed calculation of the license sales recognized during the Supplemental Payment Period; and (b) deliver the Statement of Supplemental Payment as soon as practicable after the Supplemental Payment Date but in any event within thirty (30) days thereafter.
Borrower shall pay interest on each Supplemental Payment Date on the unpaid principal amount of each Supplemental Term Loan Advance until the Supplemental Term Loan Advance has been paid in full, at the per annum rate of interest equal to the Supplemental Basic Rate determined by Agent as of the Funding Date for each Supplemental Term Loan Advance in accordance with the definition of the Supplemental Basic Rate.