Termination Payment Date definition

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 1997-1 Termination Date.

Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

Termination Payment Date means the date on which the applicable amount is payable under Section 7 hereof (subject to the terms hereof), as set out in the Termination Notice;

Examples of Termination Payment Date in a sentence

• All amounts due to ECOLOGY and not paid by the RECIPIENT by the Termination Payment Date or after acceleration following a default event, as applicable, shall incur late charges.

• Definitions for the following terms, to the extent they appear in any Transaction Document, shall be amended to conform with the amended definitions in the Equipment Lease: Basic Rent, Basic Rent Payment Date, Casualty Payment Date, Lease Term, Overdue Interest Rate, Primary Term, Renewal Term, and Termination Payment Date; provided that “Lease Term” as defined in the Easement Lease shall be amended as set forth herein.

• If the Termination Payment is a negative number, the Non-Defaulting Party shall pay the Termination Amount to the Defaulting Party within thirty (30) Business Days of the Termination Payment Date, which amount shall bear interest calculated in accordance with Clause 11.2.

• Termination Payment Date ECOLOGY any outstanding balance of the loan and all accrued interest.

• Effective as of the Termination Payment Date, the Employee shall become fully vested in the 50,000 restricted stock units granted August 25, 2000, which, per the terms of the award, would otherwise become vested as of August 25, 2003.

More Definitions of Termination Payment Date

Termination Payment Date shall have the meaning set forth in Section 12.4 (Notice of Termination Payment).

Termination Payment Date means the date declared by the Trustee to be the Termination Payment Date of the Series Trust pursuant to clause 26.2 (subject to any substitution of another date as the Termination Payment Date in accordance with that clause).

Termination Payment Date means the date on which the Authority must make the Termination Payment as provided for in Schedule 9 [Compensation on Termination];

Termination Payment Date with respect to the Facility Lease, shall have the meaning specified in Section 10.2(a) of the Facility Lease.

Termination Payment Date means the date falling ninety (90) days following the Termination Date; "Threshold Limit" means 5% in aggregate over the Concession Period.

Termination Payment Date means the earlier of (a) the ------------------------ Distribution Date on which final payment has been made on the Series 1998- Certificates and (b) the Series Termination Date.

Termination Payment Date has the meaning given in Clause 11.4.5;