Yield Maintenance Date definition

Yield Maintenance Date means February 14, 2024.”

Yield Maintenance Date means the Payment Date occurring in January 2024.

Yield Maintenance Date means the Monthly Payment Date occurring in December, 2026.

Examples of Yield Maintenance Date in a sentence

• Raise the sum determined in Step A to the power of an exponent equal to the opposite of (i.e., a negative number) the number of payment periods remaining between the prepayment date and the Yield Maintenance Date (as defined below).

• In order to assist in understanding the calculation of the fraction as stated in this paragraph, this fraction is also stated by the following mathematical formula: (1-(1+r)–n)/r *Where “r” is the Treasury Rate and “n” is the number of payment periods remaining between the prepayment date and the Yield Maintenance Date.

• The term “Treasury Rate” means a rate per annum, expressed as a decimal calculated to five digits, equal to the yield (adjusted to the payment frequency on the Note) on the interpolated Treasury Constant Maturity maturing on the Yield Maintenance Date as published by the Board of Governors of the Federal Reserve System or as reported by the Department of the Treasury as of the fifth business day preceding the date the Borrower notifies the Lender of the Borrower’s intent to make a principal prepayment.

• The term “Yield Maintenance Date” means the date six months prior to the final maturity date of this Note; except that, if any earlier date is specified in this Note as the date after which this Note may be prepaid without the payment of any Yield Maintenance Amount, such earlier date shall be the Yield Maintenance Date.

• The term “Yield Maintenance Date” means the date six months prior to each of (i) the next scheduled Adjustment Date and (ii) the final maturity date of this Note; except that, if any earlier date is specified in this Note as the date after which this Note may be prepaid without the payment of any Yield Maintenance Amount, such earlier date shall be the Yield Maintenance Date.

More Definitions of Yield Maintenance Date

Yield Maintenance Date means the Payment Date occurring in September, 2022.

Yield Maintenance Date. March 1, 2019; provided that if Lender elects to change the Payment Date set forth herein on the date hereof as provided in the definition of “Payment Date”, for all purposes of this Agreement the Yield Maintenance Date shall be and become the same day of the month and the year set forth above as the day in the month to which Lender elects to change the Payment Date.

Yield Maintenance Date means the date which is the four year anniversary of the Closing Date.

Yield Maintenance Date means the Monthly Payment Date occurring in June, 2030.

Yield Maintenance Date means the Monthly Payment Date occurring in March 2027. “Yield Maintenance Premium” means, except as otherwise provided in this Agreement, with respect to any Component prepaid (other than Component F and any amounts paid in reduction of the Deferred Interest Amounts), the product of: (i) a fraction whose numerator is the principal amount of the Component so prepaid (or accelerated) (other than any amounts paid in reduction of the

Yield Maintenance Date means January 1, 2025.

Yield Maintenance Date means the twenty-fourth (24th) Payment Date after the closing of the Loan; provided that if Lender elects to change the Payment Date set forth herein on the date hereof as provided in the definition of “Payment Date”, then for all purposes of this Agreement the Yield Maintenance Date shall be and become the same day of the month and year as the day in the month to which Lender elects to change the Payment Date.