Accrued Interest Payment definition

Accrued Interest Payment means Interest that shall continue to accrue after an Interest Payment Date in respect of an Elective Deferral Interest Payment, the failure to make a payment when due on a date of redemption, certain Payments which cannot be made due to insufficient Ordinary Shares to satisfy the Alternative Interest Satisfaction Mechanism and failure to make a Payment more than 14 days after its due date due to a Market Disruption Event.
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Accrued Interest Payment. ’ means, at any time, the amount of interest that has continued to accrue after an Interest Payment Date in respect of (i) an Optionally Deferred Payment, (ii) the failure to make a payment when due on an Interest Payment Date, (iii) certain payments which cannot be made due to insufficient Common Shares to satisfy the Alternative Interest Satisfaction Mechanism or
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Accrued Interest Payment means a payment of (a) any Deferred Interest and (b) without duplication, any Interest due on any Delayed Redemption Payment Date in accordance with Section 3.01(d) hereof.
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Examples of Accrued Interest Payment in a sentence

  • Notwithstanding the foregoing sentence, on each date that an Accrued Interest Payment becomes due and payable, provided that the Lender Conditions are then satisfied and that a sufficient amount of Interest Reserve is available, Lender shall make an Interest Reserve Accrual in the amount of such Accrued Interest Payment and such Accrued Interest Payment that would otherwise be then due and payable will be deferred.

  • The Calculation Agent shall provide (via email or facsimile) Party A with estimates of payments to be made by each of Party A and Party B (including a breakdown of the components of each payment) under the Agreement on the next following Payment Date, Interim Payment Date and Party A Accrued Interest Payment Date (as defined in the Confirmation).

  • Notwithstanding the foregoing sentence and subject to the other provisions hereof, on each date that an Accrued Interest Payment becomes due and payable hereunder, Lender shall make an Interest Reserve Advance hereunder in the amount of such Accrued Interest Payment, which shall be applied to the Accrued Interest Payment then due and payable, until the Interest Reserve has been fully exhausted.

  • Final confirmation of the actual amounts to be wired shall be provided (via e-mail or facsimile and confirmed by telephone) by no later than 12:00 noon (New York City time) on each such Interim Payment Date and on the Business Day immediately prior to each such monthly Payment Date and Party A Accrued Interest Payment Date.

  • The contractor shall provide a commercial ------------------ manual to support operation and maintenance of the ISMT/IST.

  • Such estimates shall be provided (i) by 4:00 p.m. (New York City time) of the second Business Day prior to each such monthly Payment Date and Party A Accrued Interest Payment Date and (ii) by 4:00 p.m. (New York City time) of the first Business Day prior to each such Interim Payment Date.

  • Party A Accrued Interest Payment Date: The Business Day immediately preceding any day (other than a Payment Date) on which any Extended Notes are paid in full (an “Accrued Interest Payment Date”).

  • Party A Accrued Interest Payment: Party A will pay an amount equal to the product of (i) the Sharing Percentage and (ii) the accrued and unpaid interest on Extended Notes paid in full on the related Accrued Interest Payment Date.

  • Notwithstanding the foregoing sentence, on each date that an Accrued Interest Payment becomes due and payable hereunder, provided that the Advance Conditions are then satisfied and that a sufficient amount of Interest Reserve is available for the funding of an Interest Reserve Advance, Lender shall make an Interest Reserve Advance hereunder in the amount of such Accrued Interest Payment which shall be applied to the Accrued Interest Payment then due and payable.

  • Subject to the other provisions of this Note, each time Lender funds an Interest Reserve Advance hereunder, (i) Borrower’s requirement to make the Accrued Interest Payment for such month shall be satisfied, (ii) the amount of remaining Interest Reserve shall be reduced by the amount of such Interest Reserve Advance, and (iii) such Interest Reserve Advance funded by Lender hereunder shall automatically become principal outstanding under this Note upon such funding.


More Definitions of Accrued Interest Payment

Accrued Interest Payment means interest that shall continue to accrue after an interest payment date in respect of an Elective Deferral Interest Payment, the failure to make a payment when due on a date of redemption, certain payments which cannot be made due to insufficient Ordinary Shares to satisfy the Alternative Interest Satisfaction Mechanism and failure to make a payment more than 14 days after its due date due to a Market Disruption Event.
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Accrued Interest Payment means the amount of interest accrued, and unpaid, on the Prior Note issued under the Prior Loan Agreement as determined by the Lender and provided to the Borrower.
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Accrued Interest Payment means, at any given time, where these Conditions provide that interest shall continue to accrue after an Interest Payment Date in respect of an Instrument, the amount of interest accrued thereon at that time in accordance with Conditions 5D.05 or 5D.08(vi);
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Accrued Interest Payment has the meaning specified in Section 14.2(c).
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Accrued Interest Payment means an amount in cash (rounded to the nearest €0.01 with €0.005 being rounded upwards) equal to the Accrued Interest on the relevant Notes, calculated by reference to each€1,000 in principal amount outstanding (as at the Settlement Date) of such Notes;
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Accrued Interest Payment means, as at any time, where these Conditions provide that interest shall continue to accrue after an Interest Payment Date in respect of a Note, the amount of interest accrued thereon in accordance with Condition 4 or 5(c)(v);
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Related to Accrued Interest Payment

  • Interest Payment means, in respect of an interest payment on an Interest Payment Date, the amount of interest payable on the presentation and surrender of the relevant Coupon for the relevant Interest Period in accordance with Condition 4 (Interest Payments);

  • Interest Payments With respect to any Purchased Asset, all payments of interest, income, receipts, dividends, and any other collections and distributions received from time to time in connection with any such Purchased Asset.

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Interest Payment Dates July 1, October 1, January 1 and April 1. Record Dates: June 15, September 15, December 15 and March 15. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Compulsory Interest Payment Date means any Interest Payment Date unless at the Assemblée Générale of the shareholders of the Issuer immediately preceding such date which was required to approve the annual accounts of the Issuer for the fiscal year ended immediately prior to such Assemblée Générale, no resolution was passed to pay a dividend on the ordinary share capital of the Issuer in respect of such previous fiscal year and

  • Accrued Interest means, with respect to Single Family Shared-Loss Loans, the amount of earned and unpaid interest at the note rate specified in the applicable loan documents, limited to 90 days.