Payment Trigger Date definition

Payment Trigger Date is the first day of the seventh month following the month in which you cease to be a Full-Time Student;
Payment Trigger Date means the date on which you must begin repayment of your Outstanding Loan Balance.
Payment Trigger Date means the later of January 1, 2001, or the Termination Date.

Examples of Payment Trigger Date in a sentence

  • If you return to Full-Time Student Status after the Payment Trigger Date, and you apply for Financial Assistance, funding may be disbursed to you under the MSFAA- Canada or you may be required to enter into a new MSFAA.

  • If you return to Full-Time Student status after you have reached the maximum number of weeks, interest will accrue, but you will not be required to start making payments on your Outstanding Loan Balance until the Payment Trigger Date, and you may not be eligible for certain Financial Assistance.

  • If you return to Full-Time Student Status after you have reached the maximum number of weeks, you will not be required to start making payments on your Outstanding Loan Balance until the Payment Trigger Date, but you may not be eligible for certain Financial Assistance.

  • If you return to Full-Time Student status after the Payment Trigger Date, and you apply for Financial Assistance, funding may be disbursed to you under this MSFAA or you may be required to enter into a new MSFAA.

  • If you return to Full-Time Student Status after you have reached the maximum number of weeks, interest will accrue, but you will not be required to start making payments on your Outstanding Loan Balance until the Payment Trigger Date, and you may not be eligible for certain Financial Assistance.


More Definitions of Payment Trigger Date

Payment Trigger Date generally means the Date of Termination; provided, however, that in the event of a termination of the Executive’s employment before, but in connection with, a Change in Control, it means the date of the Change in Control.
Payment Trigger Date means the earliest of the following dates: (a) the date on which the U.S. federal income Tax statute of limitations (taking into account all extensions properly obtained) relating to the Relevant Tax Return has expired, (b) the date on which an audit by the IRS of the Relevant Tax Return is completed (provided that Buyer may not unreasonably delay the completion of such audit for purposes of delaying the Payment Trigger Date), and (c) the date on which any challenge by the IRS in respect of the Basis Increase claimed in the Relevant Tax Return is resolved.
Payment Trigger Date means the commencement of the Second Deed of Variation. The payment of a lump sum, within a reasonable timeframe, no later than 30 days after the Second Deed of Variation has been entered into by the Parties.
Payment Trigger Date means the date that is 5 Business Days after the date that the EBITDA Determination Statement becomes final and binding on the Holders (which, in the absence of a disagreement, will be 30 days after the required or actual date of delivery (whichever is earlier) by Maker to the Holders of the EBITDA Determination Statement); provided that, to the extent any Holder disagrees with the determination of EBITDA for the 2025 Measurement Period, it shall provide Maker with written notice thereof within 30 days of its receipt of the EBITDA Determination Statement and the Maker and Holders shall comply with the dispute resolution procedures set forth in clause (d) of Section 1.5 of the Purchase Agreement to resolve the disagreement, in which case the Payment Trigger Date will be 5 Business Days after the date of resolution of the disagreement (whether by agreement or the Accountant’s final and
Payment Trigger Date has the meaning given to that term in Clause 5.1;
Payment Trigger Date. As defined in Section 4.3(a).
Payment Trigger Date means November 1, 2021.