First Payment Date Sample Clauses

The 'First Payment Date' clause defines the specific date on which the initial payment under an agreement is due. Typically, this clause will state whether the first payment is required upon signing, upon delivery of goods or services, or on a predetermined calendar date. By clearly establishing when the first payment must be made, this clause helps both parties coordinate their financial planning and ensures there is no ambiguity regarding the commencement of payment obligations.
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First Payment Date. Subject to Clause 3.4, 3.5, we will process your First Payment per your Enrolment Agreement and Direct Debit request on the Wednesday following the completion of your Trial Period.
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First Payment Date. Subject to Clause 3.4, 3.5, we will process your First Payment per your Enrolment Agreement and Direct Debit request on the Wednesday following the completion of your Cooling Off Period.
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First Payment Date. The first date on which the applicable Mortgagor must make a payment on each Mortgage Loan is no later than February 1, 1999.
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First Payment Date. November 1, 2010, being the first day of the second month after the Date of Disbursement.
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First Payment Date. The first Due Date for each Home Loan is no later than November 30, 1998.
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First Payment Date. October 4, 2007
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Related to First Payment Date

  • First Payment As of the Cut-off Date, the related Obligor has made the initial payment on such Receivable. Servicing System Records/Data File i) Review servicing system records and confirm that the Obligor has made at least one payment on the Receivable. ii) If confirmed, then Test Pass

  • Interest Payment Dates Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and on the Termination Date; provided that (i) interest accrued pursuant to Section 3.02(c) shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than an optional prepayment of an ABR Loan prior to the Termination Date), accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment, and (iii) in the event of any conversion of any Eurodollar Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

  • Payment Date An amount calculated as being due in respect of any Early Termination Date under Section 6(e) will be payable on the day that notice of the amount payable is effective (in the case of an Early Termination Date which is designated or occurs as a result of an Event of Default) and on the day which is two Local Business Days after the day on which notice of the amount payable is effective (in the case of an Early Termination Date which is designated as a result of a Termination Event). Such amount will be paid together with (to the extent permitted under applicable law) interest thereon (before as well as after judgment) in the Termination Currency, from (and including) the relevant Early Termination Date to (but excluding) the date such amount is paid, at the Applicable Rate. Such interest will be calculated on the basis of daily compounding and the actual number of days elapsed.