Coupon Payment Sample Clauses

Coupon Payment. The Debtors shall certify 30 days prior to the initial due date (without grace) of each coupon payment on the New Notes that funds necessary to pay the coupon payment have been placed in escrow on terms identical to those for the coupon required to be escrowed at the time of the Exchange Offer.
Sample 1Sample 2
AutoNDA by SimpleDocs
Coupon Payment. Any coupon payment received (if any) should be characterised as ordinary income and should be included in the Investor’s assessable income in the income year it is received by an Investor.
Sample 1
Coupon Payment. Coupon shall be payable on the Series 1 Bonds in accordance with Condition 5 of this Deed.
Sample 1
Coupon Payment. On each Valuation Date, the Calculation Agent shall determine the Valuation Stock Price for each Stock. The Cumulative Price Return for each Stock, the Stock Performance for each Stock and the Coupon Rate will then be calculated. If the Coupon Payment is determined to be zero or a negative number, then there shall be no payment made on such Coupon Payment Date.
Sample 1
Coupon Payment. On each Valuation Date, the Calculation Agent shall determine the Valuation Stock Price for each Stock. The Cumulative Price Return for each Stock, the Stock Performance for each Stock and the Coupon Rate will then be calculated. If the Coupon Payment is determined to be zero or a negative number, then there shall be no payment made on such Coupon Payment Date. The Maximum Variable Coupon Rate is the maximum Stock Performance for any Stock and the maximum Coupon Rate for any Coupon Payment Date; thus, the Coupon Rate for any Coupon Payment Date may not exceed 100%.
Sample 1
Coupon Payment 
Sample 1Sample 2Sample 3See All (7)

Related to Coupon Payment

  • Non-Payment The Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation, or (ii) within three days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) within five days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or

  • Down Payment The Mortgagor has contributed at least 5% of the purchase price for the Mortgaged Property with his/her own funds.

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Retention Payment 6.4.1 There are two situations in which an employee may be eligible to receive a retention payment. These are total facility closures and relocation of work units.

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!