Termination Payment Date definition

Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

Termination Payment Date means the date on which the applicable amount is payable under Section 7 hereof (subject to the terms hereof), as set out in the Termination Notice;

Examples of Termination Payment Date in a sentence

• For the avoidance of doubt, delivery of Restricted Shares shall be due as set forth in the previous sentence and not be due on the Share Termination Payment Date (in the case of settlement of Share Termination Delivery Units pursuant to Section 9(j) above) or on the Settlement Date for such Restricted Shares (in the case of settlement in Shares pursuant to Section 2 above).

• For the avoidance of doubt, delivery of Restricted Shares shall be due as set forth in the previous sentence and not be due on the Share Termination Payment Date (in the case of settlement of Share Termination Delivery Units pursuant to paragraph (j) above) or on the Settlement Date for such Restricted Shares (in the case of settlement in Shares pursuant to Section 2 above).

• For the avoidance of doubt, delivery of Restricted Shares shall be due as set forth in the previous sentence and not be due on the Share Termination Payment Date (in the case of settlement of Share Termination Delivery Units pursuant to Section 9(i) above) or on the Settlement Date for such Restricted Shares (in the case of settlement in Shares pursuant to Section 2 above).

• All amounts due to ECOLOGY and not paid by the RECIPIENT by the Termination Payment Date or after acceleration following a default event, as applicable, shall incur late charges.

• For the avoidance of doubt, delivery of Restricted Shares shall be due as set forth in the previous sentence and not be due on the Share Termination Payment Date (in the case of settlement of Share Termination Delivery Units pursuant to paragraph (l) above) or on the Settlement Date for such Restricted Shares (in the case of settlement in Shares pursuant to Section 2 above).

More Definitions of Termination Payment Date

Termination Payment Date shall have the meaning set forth in Section 12.4 (Notice of Termination Payment).

Termination Payment Date means the date on which the Authority must make the Termination Payment as provided for in Schedule 9 [Compensation on Termination];

Termination Payment Date means the date declared by the Trustee to be the Termination Payment Date of the Series Trust pursuant to clause 26.2 (subject to any substitution of another date as the Termination Payment Date in accordance with that clause).

Termination Payment Date with respect to the Facility Lease, shall have the meaning specified in Section 10.2(a) of the Facility Lease.

Termination Payment Date means the earlier of the Expected Final Payment Date, the first Distribution Date following the liquidation or sale of the Receivables as a result of an insolvency event and the occurrence of the Series 1996-2 Termination Date.

Termination Payment Date means the earlier of (a) the ------------------------ Distribution Date on which final payment has been made on the Series 1997-U Certificates and (b) the Series Termination Date.

Termination Payment Date means the date falling ninety (90) days following the Termination Date; "Threshold Limit" means 5% in aggregate over the Concession Period.