Final Payment Dates definition

Final Payment Dates means, with respect to each Tranche, that date which is the earlier of (i) seven (7) years and one hundred and eighty (180) days from the Closing Date and (ii) seven (7) years from the Delivery Date of the Vessel to which such Tranche relates;

Examples of Final Payment Dates in a sentence

  • The Recovery Bonds of each Tranche shall have the initial principal amount, bear interest at the rates per annum and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: Tranche Initial Principal Amount Recovery Bond Interest Rate Scheduled Final Payment Date Final Maturity Date The Recovery Bond Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months.

  • The Recovery Bonds of each Tranche shall have the initial principal amount, bear interest at the rates per annum and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: The Recovery Bond Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months.

  • On its Final Payment Date, the Holders of any outstanding Guaranteed Maturity Class (and any related MACR Classes) shall receive payments as provided under Description of Certificates — Payments — Final Payment Dates — Guaranteed Maturity Classes in the Offering Circular.

  • The Securitized Utility Tariff Bonds of each Tranche shall have the initial principal amount, bear interest at the rates per annum and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: The Securitized Utility Tariff Bond Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months.

  • Pursuant to such liquidation, the Administrator shall make payments to the Holders of each applicable Guaranteed Maturity Class (and any related MACR Classes) as provided under Description of Certificates — Payments — Final Payment Dates — Guaranteed Maturity Classes in the Offering Circular and in the related Terms Supplement.

  • The Environmental Control Bonds of each Tranche of the Series [ ] Environmental Control Bonds shall have the initial principal amounts, bear interest at the rates per annum and shall have Expected Final Payment Dates and Final Maturity Dates as set forth below: [ ] $ % [_____] Interest shall be paid on the Series [Floating Rate Tranche] in accordance with Section 4(e) hereof.

  • The Series A Energy Transition Bonds of each Tranche shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: {A-1} $ { } { } % { }, 20{ } { }, 20{ } The Bond Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months.

  • The Series 2025-A Energy Transition Bonds of each tranche shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: The Bond Interest Rate shall be computed by the Issuer on the basis of a 360-day year of twelve 30-day months.

  • The Securitization Bonds {of each Tranche} shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } { } $ { } { } % { }, 20{ } { }, 20{ } The Bond Interest Rate shall be computed on the basis of a 360-day year of twelve 30-day months.

  • The Series {__} Storm Recovery Bonds {of each tranche} shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: The Bond Interest Rate shall be computed by the Issuer on the basis of a 360-day year of twelve 30-day months.

Related to Final Payment Dates

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Party B Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in December 2004 up to the Termination Date, and the Termination Date.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Payment Dates means, with respect to any Receivable, the date a payment is due in accordance with the Receivable Agreement with respect to such Receivable as in effect as of the date of determination.