Final Payout Date Sample Clauses

Final Payout Date. This Agreement shall terminate upon two (2) Business Days’ prior written notice by the Buyer, the Servicer or the Lead Originator to the other parties hereto and the Administrative Agent so long as the Final Payout Date has occurred and all Commitments have been reduced to $0.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Final Payout Date. The Collateral Agent shall, on or after the Final Payout date, release any remaining portion of the Collateral from the security interest created by this Agreement and deposit in the Collection Account any funds then on deposit in the Reserve Account, the Lockbox Account and the Funding Account. The Collateral Agent shall release property from the security interest created by this Agreement pursuant to this Section 4.6 only upon receipt of an Officer’s Certificate from the Deal Agent stating that the Final Payout Date has occurred (which notice shall be provided by the Deal Agent upon the reasonable request of the Borrower delivered after the Final Payout Date).
Sample 1Sample 2
Final Payout Date. Any funds remaining in the Collection Account, the Reserve Account and the Net Cap Rate Reserve Account after the Final Payout Date shall be paid to the Issuer.
Sample 1
Final Payout Date. On the Final Payout Date, (i) any funds remaining in the Reserve Account shall be deposited into the Collection Account and distributed pursuant to the provisions of Section 3.03(b) and (ii) any funds remaining in the Collection Account after giving effect to the provisions of Section 3.03(b) shall be paid to the Borrower.
Sample 1
Final Payout Date. On the Final Payout Date, any funds remaining in the Collection Account after giving effect to the provisions of Section 3.03 shall be paid to the Issuer.
Sample 1
Final Payout Date. On the Final Payout Date, provided that all Secured Obligations (other than contingent Obligations not then due) have been paid in full, any funds remaining in the Collection Account, after giving effect to the provisions of Section 3.03(b), shall be released to the Borrower or its designee and control over and ownership of the Collection Account shall revert to the Borrower.
Sample 1

Related to Final Payout Date

  • Final Paycheck As soon as administratively practicable on or after the Termination Date, the Company will pay Executive all accrued but unpaid base salary and all accrued and unused vacation earned through the Termination Date, subject to standard payroll deductions and withholdings. Executive is entitled to these payments regardless of whether Executive executes this Agreement.

  • Final Pay Today the Company will pay you all accrued salary earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to this payment regardless of whether or not you sign this Agreement. You acknowledge and agree that, consistent with our policy and practice of non-accrual of paid time off, as of the Separation Date you will not have any accrued but unused vacation time or paid time off for which you are entitled to payment.

  • Final Payment The Final Payment, when due hereunder, to be shared between the Lenders in accordance with their respective Pro Rata Shares;

  • Payment of Reimbursement Amount To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management fees, Rule 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, Rule 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO, IDI and/or WISC. Such offset shall be taken, or such direct payment shall be paid, two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

  • Payment Amount Each Restricted Stock Unit represents one (1) Share of Common Stock.

  • Principal Payment Dates Subject to the Subordination Provisions set forth below, payments of the principal amount of this Company Note shall be made as follows:

  • Final Repayment Date On the final Repayment Date, the Borrowers shall additionally pay to the Agent for the account of the Creditor Parties all other sums then accrued or owing under any Finance Document.

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

Time is Money Join Law Insider Premium to draft better contracts faster.