Payment Date definition

Payment Date means the fifteenth (15th) day of each calendar month or, if such day is not a Business Day, the next succeeding Business Day.

Payment Date means the first day of each calendar month.

Payment Date means any date on which a payment is required to be made pursuant to this Agreement.

Examples of Payment Date in a sentence

• The Servicer will deposit any Servicer Advances into the Collection Account on or prior to 2:00 p.m., New York City time, on the related Payment Date, in immediately available funds.

• Interest shall accrue during each Interest Period and be payable on the Loans Outstanding on each Payment Date in accordance with Section 2.06.

• All costs and expenses incurred by the Servicer in connection with the repossession of the Financed Vehicles securing such Receivables shall be reimbursed to the Servicer (other than overhead), to the extent not previously recouped by the Servicer from Recoveries on the Payment Date immediately succeeding the Collection Period in which the Servicer delivered to the Administrative Agent an itemized statement of such costs and expenses.

• The undertakings and covenants to be performed by the Transferor and his nominee (if any) on or before the First Tranche Payment Date as provided hereunder shall have all been performed.

• The representations and warranties of the Transferor herein (including but not limited to those in Article 6 and Schedule D-1) shall be authentic and accurate when made and as of the First Tranche Payment Date (with the same force and effect as if made on that date).

More Definitions of Payment Date

Payment Date means the first Business Day after the Bank Closing Date.

Payment Date means the last day of each March, June, September and December.

Payment Date means the 21st calendar day of each month, or if such day is not a Business Day, then the next succeeding Business Day, commencing November 23, 2015.

Payment Date means the twentieth (20th) day of each calendar month or, if such day is not a Business Day, the next succeeding Business Day, commencing on October 20, 2016.

Payment Date. The 25th day of each month, or if such day is not a Business Day, then the next Business Day.

Payment Date means the first (1st) day of each calendar month during the term of the Loan or, if such day is not a Business Day, the immediately succeeding Business Day.

Payment Date means the 15th day of each month or, if not a Business Day, the next Business Day, starting in the first full month after the Closing Date. For a Collection Period, the related Payment Date means the Payment Date following the end of the Collection Period.