Terminal Payment definition

Terminal Payment means, with respect to each Loan, an amount payable on the Maturity Date of such Loan in an amount equal to that percentage of the original principal amount of such Loan specified in the Supplement.

Terminal Payment means, with respect to a Loan, an amount payable on the Maturity Date of such Loan in an amount equal to that percentage of the original principal amount of such Loan specified in the Supplement.

Terminal Payment. Each Terminal Payment shall be an amount equal to fifteen percent (15%) of the original principal amount of the associated Loan.

Examples of Terminal Payment in a sentence

• REQUIRES VACATUR OF THE DECISION BELOW.This Court should vacate the decision of the U.S. District Court for the Central District of California denying Movants-Appellants’ motion to intervene in this matter because the appeal from that decision has become moot for reasons entirely outside of Movants-Appellants’ control.

• If Borrower is late in making any payment of principal or interest or Terminal Payment under this Agreement by more than five (5) days, Borrower agrees to pay a late charge of five percent (5%) of the installment due, but not less than fifty dollars ($50.00) for any one such delinquent payment.

• Regular Adult Ed Teachers shall count all years of continuous service towards their Terminal Payment Benefit.

• Any unpaid payments of principal or interest or the Terminal Payment with respect to any Loan shall bear interest from their respective maturities, whether scheduled or accelerated, at the Designated Rate for such Loan plus five percent (5.00%) per annum, until paid in full, whether before or after judgment (the “Default Rate”).

• Except as otherwise provided in the Supplement, Borrower shall pay the Terminal Payment with respect to each Loan on the Maturity Date of such Loan.

More Definitions of Terminal Payment

Terminal Payment. Each Terminal Payment shall be an amount equal to (i) ten percent (10%) of the original principal amount of the associated Equipment Loan, or (ii) seven and one-half percent (7.50%) of the original principal amount of the associated Term Loan.

Terminal Payment means the one time fixed charges as specified in ‘CONTRACT’, be paid by ‘BHEL’ at the end of the Lease Rental Contract.

Terminal Payment means a payment equal to ten percent (10%) of the original principal amount of such Loan payable upon the maturity of such Loan.

Terminal Payment means an amount which is two percent (2%) of the original principal amount of the relevant Loan (or in the case of partial prepayment, the amount of principal so prepaid, in which case the Terminal Payment due at maturity will be reduced by the amount of the Terminal Payment previously paid).

Terminal Payment. Each Loan shall have a Terminal Payment equal to six and one-half percent (6.50%) of the original principal amount of such Loan.

Terminal Payment. Each Equipment Loan, each Additional Equipment Loan, each Growth Capital Loan and each Additional Growth Capital Loan shall have a Terminal Payment equal to five percent (5%) of the original principal amount of such Loan. There shall be no Terminal Payment associated with Soft Cost Loans and Additional Soft Cost Loans.

Terminal Payment. Each Growth Capital Loan shall have a Terminal Payment equal to three and one-tenth of one percent (3.1%) of the original principal amount of such Loan.