Optional Payment Date definition

Optional Payment Date means any date during the term of this Contract upon which the City may unconditionally purchase the Project for the then applicable Option Price as provided in Section 1302 hereof.
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Optional Payment Date means the Business Day which the City may elect pursuant to Section 14.01 hereof to purchase the Leased Property for the then applicable Option Price.
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Optional Payment Date means any March 1 or September 1 during the term of the Lease upon which the Lessee may purchase the Project for the then applicable Option Price, in accordance with Section 13.01 of the Lease.
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Examples of Optional Payment Date in a sentence

  • The deposit of funds sufficient to pay the Option Price attributable to the Released Property plus the portion of interest on the Series 2015 Bonds allocable to the Released Property, on the Optional Payment Date pursuant to the terms of the Escrow Agreement is hereby ratified, confirmed and approved.

  • The members deposit a fixed amount every month which is collected.

  • The notice shall state the intent of the City to prepay a portion of its Base Rentals, the proposed Optional Payment Date, the proposed Optional Redemption Date for the Bonds to be redeemed, and the principal amount of the Bonds to be redeemed.

  • On the Optional Payment Date, the Senior Secured Notes Issuer will apply the proceeds of such optional redemption in repayment of the Senior Secured Notes (including any accrued unpaid interest thereon) without penalty or premium.

  • On the Optional Payment Date, the Secured Notes Issuer shall apply the proceeds of such optional redemption in repayment of the Secured Notes (including any accrued unpaid interest thereon) without penalty or premium.

  • The Optional Payment Date shall be any Business Day designated by the City as herein provided.


More Definitions of Optional Payment Date

Optional Payment Date means the Business Day which the City may elect, pursuant to Section
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Related to Optional Payment Date

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Scheduled Final Payment Date means, with respect to the Storm Recovery Bonds, the date with respect to each tranche when all interest and principal is scheduled to be paid in accordance with the Expected Sinking Fund Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date shall be the last Scheduled Payment Date set forth in the Expected Sinking Fund Schedule. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Storm Recovery Bonds.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Scheduled Principal Payment Date means April 15, 2008.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Early Payment Date (k means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Installment Date as defined in Section 2.12.

  • 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.

  • Change of Control Payment Date has the meaning provided in Section 4.15.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.