Optional Payments definition

Optional Payments as defined in Subsection 8.6(e).
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Optional Payments. You may request Utopia make recurring payments (i.e. mortgage, Insurance. or HOA fees) from rent proceeds. Upon approval, they will be reflected on your monthly stmt. Please provide one copy of invoice/statement for each payment upon sign-up.
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Optional Payments means any Insured Payment made at the option of Financial Security hereunder in respect of Realized Losses, but not required to be made by Financial Security hereunder.
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Examples of Optional Payments in a sentence

  • Optional Payments In addition the Board of Governors recommends parents consider providing access to resources for their children by making additional optional payments, it not being a statutory requirement of the Board of Governors to provide them.

  • Limitation on Optional Payments and Modifications of Debt Instruments, etc.

  • Optional Payments In addition the Board of Governors recommends parents to consider providing access to resources for their children by making additional optional payments, it not being a statutory requirement of the Board of Governors to provide them.

  • If Interest Only Payments, Optional Payments, Step Payments, or Seasonal Payments, is Adjustable Payment (″AP″) Table disclosed and accurate based on early disclosures in the file.

  • If Interest Only, Optional Payments, Step Payments, or Seasonal Payments, is Adjustable Payment (″AP″) Table disclosed accurately.

  • CITI Training requirements are described in CITI Training Requirements.

  • The Notes being declared redeemable pursuant to Condition 6(d)(i) (Redemption for Taxation and Other Reasons) of the Notes and the Noteholders not having received, either directly or indirectly, from Party A the amounts referred to under "Optional Payments" below.

  • Optional Payments and Modifications of Certain Debt Instruments .

  • Optional: Payments of Interest Earnings7 After 30 days, you can withdraw your interest earned without a surrender charge.

  • Financial Condition Covenants64 7.2 Indebtedness64 ii 7.3 Liens66 7.4 Fundamental Changes67 7.5 Disposition of Property67 7.6 Restricted Payments68 7.7 [Reserved]69 7.8 Investments69 7.9 Optional Payments and Modifications of Certain Debt Instruments70 7.10 Transactions with Affiliates70 7.11 Sales and Leasebacks71 7.12 Swap Agreements71 7.13 Changes in Fiscal Periods71 7.14 Negative Pledge Clauses71 7.15 Clauses Restricting Subsidiary Distributions71 7.16 Lines of Business72 SECTION 8.


More Definitions of Optional Payments

Optional Payments. The Senior Revolving Exit Facility may be prepaid by the Issuer in minimum amounts to be agreed upon Guaranties: By the subsidiaries of the Issuer which have issued or are obligated to issue guarantees or will be obligated to issue guarantees under the existing credit facilities (collectively, the "Guarantors")
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Optional Payments. The New Term Loans may be prepaid by the Issuer in minimum amounts to be agreed upon Amortization: Amortization schedule and mandatory prepayments to be agreed Guaranties: By the Guarantors Interest Rate: Interest on the New Term Loans shall be payable quarterly, in arrears, at a fixed rate per annum equal to 9.89%
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Related to Optional Payments

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Principal Payments means all payments of principal made pursuant to the terms of the Note.

  • Scheduled Payments means, as to each Insured Distribution Date, payments which are required to be made to Holders in accordance with the original terms of the Obligations when issued and without regard to any subsequent amendment or modification of the Obligations or of the Indenture except amendments or modifications to which Financial Security has given its prior written consent, which payments are (i) the Noteholders' Interest Distributable Amount with respect to the related Distribution Date, (ii) the Noteholders' Remaining Parity Deficit Amount with respect to the related Distribution Date and (iii) with respect to the Final Scheduled Distribution Date for any class of Obligations, the outstanding principal amount of such class on such Final Scheduled Distribution Date, after taking into account reductions on such Date of such outstanding principal amount from all sources other than this Policy. Scheduled Payments do not include payments which become due on an accelerated basis as a result of (a) a default by the Obligor, (b) an election by the Obligor to pay principal on an accelerated basis, (c) the occurrence of an Event of Default under the Indenture or (d) any other cause, unless Financial Security elects, in its sole discretion, to pay in whole or in part such principal due upon acceleration, together with any accrued interest to the date of acceleration. In the event Financial Security does not so elect, this Policy will continue to guarantee payment on the Obligations in accordance with their original terms. Scheduled Payments shall not include (x) any portion of a Noteholders' Interest Distributable Amount due to Holders because the appropriate notice and certificate for payment in proper form as required by paragraph 2 hereof was not timely Received by Financial Security, (y) any portion of a Noteholders' Interest Distributable Amount due to Holders representing interest on any Noteholders' Interest Carryover Amount accrued from and including the date of payment of the amount of such Noteholders' Interest Carryover Amount pursuant hereto or (z) any Note Prepayment Amounts, unless Financial Security elects, in its sole discretion, to pay such amount in whole or in part. Scheduled Payments shall not include any amounts due in respect of the Obligations attributable to any increase in interest rate, penalty or other sum payable by the Obligor by reason of any default or event of default in respect of the Obligations, or by reason of any deterioration of the credit worthiness of the Obligor, nor shall Scheduled Payments include, nor shall coverage be provided under this Policy in respect of, any taxes, withholding or other charge with respect to any Holder imposed by any governmental authority due in connection with the payment of any Scheduled Payment to a Holder.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

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

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

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

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Remaining Scheduled Payments means, with respect to the Called Principal of any Note, all payments of such Called Principal and interest thereon that would be due after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were made prior to its scheduled due date, provided that if such Settlement Date is not a date on which interest payments are due to be made under the terms of the Notes, then the amount of the next succeeding scheduled interest payment will be reduced by the amount of interest accrued to such Settlement Date and required to be paid on such Settlement Date pursuant to Section 8.2 or 12.1.

  • 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.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Unscheduled Payments means (a) all Loss Proceeds that Borrower has elected or is required to apply to the repayment of the Debt pursuant to this Security Instrument, the Note or any other Loan Documents, (b) any funds representing a voluntary or involuntary principal prepayment other than scheduled Principal Payments and (c) any Net Proceeds.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Scheduled Principal Payments means, with respect to any Series, Class of any Series of Notes, or Subclass or Tranche thereof, any payments scheduled to be made pursuant to the applicable Series Supplement that reduce the amount of principal Outstanding with respect to such Series, Class, Subclass or Tranche on a periodic basis that are identified as “Scheduled Principal Payments” in the applicable Series Supplement.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Change of Control Payments means the aggregate amount of all change of control or bonus payments that are payable by the Company and its Subsidiaries to any Person solely as a result of the consummation of the Closing, together with any employer-paid portion of any employment and payroll taxes related thereto; provided, however, that in no event shall any (a) retention payments made pursuant to any Employment Agreement or (b) any severance payments made to employees who are terminated on or after the Closing Date be considered Change of Control Payments.

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

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

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

  • Payments has the meaning set forth in Section 8.11.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).