TIFIA Debt Service definition

TIFIA Debt Service means with respect to any Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date, the principal portion of the Outstanding TIFIA Loan Balance and any interest payable thereon (including interest accruing after the date of any filing by the Borrower of any petition in bankruptcy or the commencement of any bankruptcy, insolvency or similar proceeding with respect to the Borrower), in each case, (a) as set forth on Exhibit D to this Agreement and (b) due and payable on such Semi-Annual Payment Date in accordance with the provisions of Section 8(c) or Section 8(d), as applicable.
TIFIA Debt Service means, solely with respect to the TIFIA Bond, any Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date, the principal portion of the Outstanding TIFIA Loan Balance and any interest payable thereon (including interest accruing after the date of any filing by the Borrower of any petition in bankruptcy or the commencement of any bankruptcy, insolvency or similar proceeding with respect to the Borrower), in each case, (a) as set forth on Exhibit G, and (b) due and payable on such Semi-Annual Payment Date in accordance with the provisions of Section 9(c) (Payment of TIFIA Debt Service).
TIFIA Debt Service means with respect to any Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date, the principal portion of the Outstanding TIFIA Loan Balance and any interest payable thereon (including interest accruing after the date of any filing by the Borrower of any petition in bankruptcy or the commencement of any bankruptcy, insolvency or similar proceeding with respect to the Borrower) at the TIFIA Interest Rate (or, as applicable, the Default Rate), in each case,

Examples of TIFIA Debt Service in a sentence

  • Represents funds held in reserve for TIFIA Debt Service, as required by the TIFIA Loan Agreement.

  • The Borrower may make any such payment or portion thereof (or direct the Trustee to make such payment) with funds then on deposit in the TIFIA Debt Service Account.

  • The Borrower shall not pay any portion of TIFIA Debt Service nor any other amount to the TIFIA Lender or the Government pursuant to the TIFIA Loan Documents with funds received directly or indirectly from the Government.

  • The Borrower may make, or cause to be made, any such payment (or portion thereof) with funds then on deposit in the TIFIA Debt Service Account.

  • Except for Permitted Liens, the Borrower shall not create, incur, assume or permit to exist any Lien (i) on the Pledged Taxes or the Borrower’s or the TIFIA Lender’s rights in respect thereof or (ii) on the TIFIA Debt Service Account, the TIFIA Reserve Account, the Revenue Sharing Account or any Construction Account.


More Definitions of TIFIA Debt Service

TIFIA Debt Service means with respect to any Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date, the sum of (a) the TIFIA Mandatory Debt Service and (b) the TIFIA Scheduled Debt Service, in each case, for such period (whether or not any of such amounts were actually paid for such period and whether or not, in the case of TIFIA Scheduled Debt Service, such amount was actually required to be paid for such period under the provisions of Section 9 (Payment of Principal and Interest)), in each case, as set forth on Exhibit G.
TIFIA Debt Service means, with respect to any Calculation Date occurring on or after the Debt Service Payment Commencement Date, the principal portion of the Outstanding TIFIA Loan Balance and any interest payable thereon (including interest accruing after the date of any filing by the Borrower of any petition in bankruptcy or the commencement of any bankruptcy, insolvency or similar proceeding with respect to the Borrower), in each case, (a) as set forth on Exhibit I of the TIFIA Loan Agreement, as revised from time to time in accordance with the TIFIA Loan Agreement, and (b) due and payable on such Calculation Date in accordance with Section 9 of the TIFIA Loan Agreement.
TIFIA Debt Service means (a) with respect to any Semi-Annual Payment Date occurring on or after the Debt Service Payment Commencement Date [and prior to the Level Payment Commencement Date]26, the principal portion of the Outstanding TIFIA Loan Balance and any interest payable thereon, in each case, (i) as set forth on Exhibit G and (ii) due and payable on such Semi-Annual Payment Date in accordance with the provisions of Section 9(c)(i), [and (b) with respect to any Semi-Annual Payment Date occurring on or after the Level Payment Commencement Date, the entire amount of each Fixed Level Payment required to be paid pursuant to Section 9(d), which shall be unconditionally required to be paid on such Semi-Annual Payment Date pursuant to Section 9(c)(ii)].27
TIFIA Debt Service means for any period the sum of (a) the TIFIA Mandatory Debt Service and (b) any other payments of principal of and interest on the TIFIA Bond required to be paid under this Agreement.
TIFIA Debt Service means with respect to any Payment Date occurring on or after the Debt Service Payment Commencement Date, the principal portion of the Outstanding TIFIA Loan Balance and any interest payable thereon (including interest accruing after the date of any filing by the Borrower of any petition in bankruptcy or the commencement of any bankruptcy, insolvency or similar proceeding with respect to the Borrower) at the TIFIA Interest Rate (or, as applicable, the Default Rate), in each case due and payable on such Payment Date in accordance with the provisions of Section 9(b) (Payment of TIFIA Debt Service).
TIFIA Debt Service means with respect to any Debt Service Payment Date occurring on or after the Debt Service Payment Commencement Date (as defined in a TIFIA Loan Agreement), the sum of (a) the TIFIA Mandatory Debt Service and (b) the TIFIA Scheduled Debt Service, in each case, for such period (whether or not any of such amounts were actually paid for such period and whether or not, in the case of TIFIA Scheduled Debt Service, such amount was actually required to be paid for such period under the provisions of the TIFIA Loan Agreement), as set forth in the TIFIA Loan Agreement.
TIFIA Debt Service means Debt Service on all TIFIA Bonds then outstanding.