Repayment Date

Repayment Date

The date by which a borrower must repay the principal and interest on a loan in total. For example, a mortgage with a period of 10 years has a repayment date 10 years after it is issued. The repayment date also indicates the period of time during which the lender will receive interest (and often principal) payments. Despite the existence of a maturity date, many debts may be repaid early, though they may be subject to penalties in such cases.
References in periodicals archive ?
The Board believes that it is in the interests of the Group to repay the Existing Facility early to ensure that the Group has certainty of available funds in advance of the fixed repayment date in January 2017 and so that the Group can take advantage of the current availability of long term borrowings at attractive rates of interest.
If Wave fails to pay the repayment amount by the repayment date, the holders may elect to convert the bridge investment into shares of our Class A common stock at a conversion rate based on the repayment amount divided by an amount equal to the lesser of $0.
18% and an anticipated repayment date of February 21, 2022.
In 2007, Oxford Court asked the town to go the end of the line for repayment and to extend the repayment date to 2036.
Rick Crawford, Tim Griffin, Steve Womack and Tom Cotton--sent a letter to Agriculture Secretary Tom Vilsack last month requesting an extension of the repayment date by at least 180 days.
50 percent and a final repayment date of April 1, 2067.
A It's likely that the terms and cs onditions of your mortgage will include a statement to the effect that you will repay the capital amount of the loan on the repayment date.
5 Dean: If a Wonga customer cannot pay their loan on the repayment date and they want to agree more time to pay as opposed to an extension to the loan will you agree to this?
Also participating in the subordinated loans will be Sumitomo Mitsui Trust Bank, the Bank of Tokyo-Mitsubishi UFJ and Mizuho Corporate Bank, with the repayment date set at the end of June 2073.
The bank are giving customers the ability to choose the repayment date and the option to take a payment break at the start of the loan.
The bank is giving customers some flexibility with the ability to choose the repayment date and the option to take a payment break at the start of the loan.
Early this month, Suzlon Energy's foreign currency convertible bond ( FCCB) holders approved extension of the repayment date of $ 360 million by 45 days to July 27.