Repayment Commencement Date definition

Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline.
Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline. SECTION 2 - FINANCIAL ASSISTANCEOBDD shall provide Recipient, and Recipient shall accept from OBDD, financing for the Project as a non-revolving loan (the “Loan”) in an aggregate principal amount not to exceed the Loan Amount.Notwithstanding the above, the aggregate total of Financing Proceeds disbursed under this Contract cannot exceed the Costs of the Project. SECTION 3 - DISBURSEMENTS
Repayment Commencement Date means (a) with respect to the Tranche A Guaranteed Credit, the fifteenth (15th) day of the month in which the date falling six (6) months after the earlier of (i) the Phase II Interim Completion Date occurs, and (ii) January 15, 2010; and (b) with respect to the Tranche B Guaranteed Credit, the fifteenth (15th) day of the month in which the date falling six (6) months after the earlier of (i) the Phase II Completion Date occurs, and (ii) January 15, 2012.

Examples of Repayment Commencement Date in a sentence

  • Starting on the Repayment Commencement Date and then on each succeeding Payment Date, Recipient shall make level installment payments of principal and interest, each payment sufficient to pay the interest accrued to the date of payment and so much of the principal as will fully amortize the Loan by the Maturity Date, on which date the entire outstanding balance of the Loan is due and payable in full.

  • All unpaid interest accrued to the Repayment Commencement Date is (in addition to the first regular installment payment due) payable on the Repayment Commencement Date.


More Definitions of Repayment Commencement Date

Repayment Commencement Date means the Payment Date falling on the two year anniversary of the Closing Date.
Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline. Section 2 - Financial AssistanceThe OBDD shall provide Recipient, and Recipient shall accept from OBDD, financing for the Project specified below:
Repayment Commencement Date means the first Payment Date to occur after the Project Closeout Deadline.SECTION 2 - FINANCIAL ASSISTANCECommitment. The IFA shall provide Recipient, and Recipient shall accept from IFA, financing for the Project specified below:

Related to Repayment Commencement Date

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Issuer Call Commencement Date means the date specified as such in the definition of the relevant Series in the applicable Final Terms;

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Service Commencement Date in respect of a Service or a particular instance of a Service means the date on which that particular Service or particular instance of a Service is first provided to the Customer, or as otherwise explicitly set out in this Agreement;