Interest, Principal and Maturity Date Sample Clauses

Interest, Principal and Maturity Date. (a) Each Note created hereby shall bear interest on the unpaid principal amount thereof (and, in the case of a Default or Event of Default, on any overdue amounts thereunder) from time to time outstanding from the first day of the month in which the Closing Date occurs until such amount is paid in full at the rate of interest set forth in the form of the Notes attached hereto. Interest on each Note will be payable monthly in arrears to the person in whose name such Note is registered at the close of business on the Regular Record Date applicable to the payment of such interest on the Notes. The outstanding principal amount of the Notes and interest on each Note shall be due and payable in installments of principal and interest on the fifteenth (15th) calendar day of each calendar month, commencing on the first such date following the Closing Date, in the amounts set forth in the form of the Notes attached hereto.
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Interest, Principal and Maturity Date. The First Mortgage Bonds shall bear interest on the unpaid principal amount thereof from time to time Outstanding from the date thereof until such amount is paid in full at the rate of interest set forth in the form thereof attached hereto. The principal amount of the First Mortgage Bonds shall be due and payable as set forth in the form thereof attached hereto. Payment of principal of and interest on the First Mortgage Bonds shall be made, if the Company so elects, by check mailed to the Holder at its registered address or otherwise as provided in Section 2.10 of the Original Indenture, except that the final payment of principal of the First Mortgage Bonds shall be made on the due date therefor to the accounts of the Holders thereof as such accounts shall appear in the Security Register, which shall be due and payable as set forth in the form thereof attached hereto. For so long as the First Mortgage Bonds are issued in the form of one or more global First Mortgage Bonds, payment of principal of and interest on the First Mortgage Bonds shall be made in immediately available funds by wire transfer to the clearing corporation or clearing agency acting as depositary for such global First Mortgage Bonds, or a nominee of such clearing corporation or clearing agency. Any Holder of $1,000,000 or more in aggregate principal amount of First Mortgage Bonds may, by delivery of a written notice to the Paying Agent, elect to have all such payments to such Holder made by wire transfer of immediately available funds to a designated account maintained in the United States (so long as the Paying Agent has received proper wire transfer instructions in writing by the Regular Record Date next preceding the date for such payment). The First Mortgage Bonds shall mature on the date set forth in the form thereof attached hereto.
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Interest, Principal and Maturity Date. (a) Interest on the outstanding principal balance of the Note ("Principal Balance") shall be calculated monthly at the end of each calendar month as follows: (i) if there is no Excess Net Capital (as defined below) at the prior month's month-end, then the entire Principal Balance shall bear interest at the Applicable Rate (as defined below); (ii) if there is Excess Net Capital at the prior month's month-end equal to or greater than the Principal Balance, then the entire Principal Balance shall bear interest at the Discounted Rate; and (iii) if there is Excess Net Capital at the prior month's month-end less than the Principal Balance, then the portion of the Principal Balance equal to such Excess Net Capital shall bear interest at the Discounted Rate and the remaining Principal Balance shall bear interest at the Applicable Rate. As used in this Agreement: "Applicable Rate" means the sum of the Prime Rate (as defined below) plus two percent (2%) per annum, compounded monthly; "Discounted Rate" means the Prime Rate, compounded monthly; "Prime Rate" means the rate of interest per annum publicly announced from time to time by XX Xxxxxx Xxxxx Bank as its prime rate in effect at its principal office in New
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Related to Interest, Principal and Maturity Date

  • Maturity Date This Agreement shall continue in effect until the maturity date set forth on the Schedule (the "Maturity Date"), subject to Section 6.3 below.

  • Maturity Dates Unless previously terminated in accordance with the terms of this Agreement, the Commitments shall terminate on the Maturity Date.

  • Principal and Interest Payments (a) (a) Each of the Series A Notes shall bear interest on the Relevant Principal Amount at the interest rate therefor specified in each such Series A Note from time to time outstanding in respect of the period commencing on and including the Commencement Date and ending on the date when the principal amount of such Series A Note shall have been paid in full, payable on each January 2 and July 2 in each year (the "Interest Payment Dates"), commencing the respective dates specified in Schedule 1.4 hereto in the column headed "Interest Payment Commencement Date"; provided, that if the Accreted Value of such Series A Note is not paid when due (upon redemption or acceleration or otherwise) during the Pre-Commencement Date Period, interest on the Accreted Value of such Series A Note as at the date such Accreted Value was not paid shall accrue (and be payable on demand of the Noteholder of record of such Series A Note) at the same interest rate per annum as is specified pursuant to Section 1.4 hereof from such date until such Accreted Value shall have been paid in full; provided, further, that additional interest accrued to any Interest Payment Date as the result of any increase in the interest rate borne by any Series A Note as provided in Section 1.4(b) hereof over what would have accrued or accreted to such date shall be paid in cash to the Noteholders of such Series A Note whether or not the Commencement Date for such Series A Note has occurred; and provided, further, that any other amounts payable to the Indenture Trustee or any Noteholder under this Indenture, any Series A Note or any other Operative Agreement but not paid in full when due (whether at Stated Maturity, by acceleration or otherwise), including any Defaulted Installment and, to the extent permitted by Applicable Law, Defaulted Interest, but excluding unpaid Accreted Value (which shall accrue interest pursuant to the first proviso of this paragraph), shall, for the period from and including the date such amount becomes due and payable until such amount shall have been paid in full, accrue interest at the applicable Late Rate.

  • Final Maturity Date 23 Fitch.........................................................................................23

  • Repayment Dates The first Instalment shall be repaid on the date falling three months after the Drawdown Date, each subsequent Instalment shall be repaid at three-monthly intervals thereafter and the last Instalment, shall be repaid together with the Balloon Instalment, on the Final Repayment Date.

  • Interest After Maturity Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

  • Repayment Date Unless otherwise agreed by Party A in writing, the Loan borrowed by Party B, any portion of the Loan and any other payment in arrears, if applicable, under this Agreement shall become due and payable five Business Days after Party A gives written notice to Party B demanding repayment in accordance with Article 6.1 (Repayment Date). Without Party A’s express prior written consent, the Loan shall not be repaid and shall continue indefinitely until the Repayment Date.

  • Date and Denomination of Notes; Payments of Interest and Defaulted Amounts (a) The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of such Note. Accrued interest on the Notes shall be computed on the basis of a 360-day year composed of twelve 30-day months and, for partial months, on the basis of the number of days actually elapsed in a 30-day month.

  • Payment of Principal and Interest; Defaulted Interest (a) Each Class of Notes shall accrue interest at the related Interest Rate, and such interest shall be due and payable on each Payment Date as specified therein, subject to Sections 3.01 and 11.12 hereof. Any installment of interest or principal, if any, payable on any Note that is punctually paid or duly provided for by the Issuer on the applicable Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered on the Record Date by check mailed first-class postage prepaid to such Person’s address as it appears on the Note Register on such Record Date, except that, unless Definitive Notes have been issued pursuant to Section 2.11, with respect to Notes registered on the Record Date in the name of the nominee of the Clearing Agency (initially, such nominee to be Cede & Co.), payment will be made by wire transfer in immediately available funds to the account designated by such nominee and except for the final installment of principal payable with respect to such Note on a Payment Date, a Redemption Date or on the related Final Scheduled Payment Date, as the case may be (and except for the Redemption Price for any Note called for redemption pursuant to Section 10.01), which shall be payable as provided below. The funds represented by any such checks returned undelivered shall be held in accordance with Section 3.03.

  • Floating Rate/Fixed Rate Notes If this Note is specified on the face hereof as a “Floating Rate/Fixed Rate Note”, this Note will bear interest at the rate determined by reference to the applicable Interest Rate Basis or Interest Rate Bases: (1) plus or minus the applicable Spread, if any; and/or (2) multiplied by the applicable Spread Multiplier, if any. Commencing on the first Interest Reset Date, the rate at which this Floating Rate/Fixed Rate Note is payable will be reset as of each Interest Reset Date; provided, however, that: (A) the interest rate in effect for the period, if any, from the Original Issue Date to the first Interest Reset Date will be the Initial Interest Rate specified on the face hereof; and (B) the interest rate in effect commencing on the Fixed Rate Commencement Date will be the Fixed Interest Rate, if specified on the face hereof, or, if not so specified, the interest rate in effect on the day immediately preceding the Fixed Rate Commencement Date.

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