Additional Prepayment Application Date definition

Additional Prepayment Application Date means, in respect of the first Additional Prepayment to be made during the Waiver Period, on the Next Rollover Date and, in respect of all subsequent Additional Prepayments, on the last day of the next relevant Interest Period.
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Examples of Additional Prepayment Application Date in a sentence

  • On the relevant Additional Prepayment Application Date, the Borrower shall procure that there is transferred from the Cash Collateral Account to the Lender, the amount of the Additional Prepayment and irrevocably authorises the Lender to make those transfers.

  • Account In the event that an Additional Prepayment is made pursuant to the terms and conditions of this Second Supplemental Agreement on a day other than on the relevant Additional Prepayment Application Date, the Borrower shall forthwith credit the amount of the Additional Prepayment to the Cash Collateral Account.

  • In addition to any valuations required pursuant to the terms and conditions of the Original Loan Agreement, the Borrower shall be liable for all costs and expenses incurred by the Lender in respect of obtaining two (2) additional valuations during the Waiver Period, one valuation prior to each Additional Prepayment Application Date (each such valuation to be dated within fifteen (15) days Additional Prepayment Application Date.

  • Account In the event that an Additional Prepayment is made pursuant to the terms and conditions of this First Supplemental Agreement on a day other than on the relevant Additional Prepayment Application Date, the Borrower shall forthwith credit the amount of the Additional Prepayment to the Cash Collateral Account.

  • Account In the event that an Additional Prepayment is made pursuant to the terms and conditions of this Third Supplemental Agreement on a day other than on the relevant Additional Prepayment Application Date, the Borrower shall forthwith credit the amount of the Additional Prepayment to the Cash Collateral Account.

Related to Additional Prepayment Application Date

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Optional Prepayment means prepayment prior to the Maturity Date of the Notes at the option of the Company in whole or in part other than a Special Event Prepayment.

  • Principal Prepayment Period The month preceding the month in which the related Remittance Date occurs.