Annual Interest Payment definition

Annual Interest Payment means each periodic payment of interest received by the Issuer in respect of any Annual Pay Security.
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Annual Interest Payment means each periodic payment of interest received by the Issuer in respect of a Collateral Debt Obligation that currently provides for periodic payments of interest less than once per any Due Period.
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Annual Interest Payment means, with respect to an Interest Payment Date, the product of (A) the Total Investor Return (as defined below) for the applicable Interest Period, and (B) the Holder’s Pro Rata Portion (as defined below).
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Examples of Annual Interest Payment in a sentence

  • No Interest will accrue on the Notes as a result of any Annual Interest Payment Date occurring on a day that is not a Business Day.

  • Interest will be paid on the Annual Interest Payment Date following the applicable Annual DPI Return Date, or, at maturity of the Notes, the maturity date.

  • To the extent such Prepayment shall have occurred, Borrower shall pay to Lender a sum equal to the amount of (a.) the Cumulative Minimum Annual Interest Payment less interest paid during the Basic Term or any Renewal Term; or (b.) an amount equal to the Minimum Monthly Interest Payment times the number of months remaining in the Basic Term or Renewal Term, as applicable (the “Prepayment Fee”).

  • Year Principal Payment by District <Agency> 1* 2** 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 (in thousands of dollars) Year Annual Payment of Principal Annual Interest Payment Total Annual Payment by District <Agency> 46 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 Total * Year in which State commences construction of project transportation facilities, 1965.

  • Interest payable under this Agreement, on a cumulative annual basis, shall not be less than ----------N/A---------- AND 00/100 DOLLARS ($---------- N/A----------) (the "Cumulative Minimum Annual Interest Payment").

  • Except as set forth below, the Loan shall mature in five (5) years from the date of funding, subject to a balloon payment of the remaining principal at the end of the Term of the Loan–, provided, however, that to the extent you receive from the Company any compensatory bonus above and beyond your Base Salary during any calendar year, you agree to contribute no less than twenty–five percent (25%) of such bonus, after deducting such year’s Annual Interest Payment, to reducing the principal of the Loan.

  • The Outstanding Principal Payment, the Outstanding Annual Interest Payment and the Outstanding Additional Interest Payment, unless they are extended, will be due on 28 July 2023.

  • Interest payable under this Agreement, on a cumulative annual basis, shall not be less than ----------N/A----------and 00/100 Dollars ($----------N/A---------­) (the "Cumulative Minimum Annual Interest Payment").

  • The Issuer may, provided that it satisfies the Note Trustee that a Tax Termination Event has occurred, designate any Annual Interest Payment Date as the "Tax Redemption Date", on giving not less than 30 days or more than 60 days notice to the Noteholders (which notice shall be irrevocable).

  • The Obligations may be prepaid by Borrower at any time and to the extent such Prepayment occurs, Borrower shall pay to Lender a sum equal to the amount of (a) the Cumulative Minimum Annual Interest Payment less interest paid during the Basic Term or Renewal Term; or (b) an amount equal to the Minimum Monthly Interest Payment times the number of months remaining in the Basic Term or Renewal Term, as applicable (the "Prepayment Fee").


More Definitions of Annual Interest Payment

Annual Interest Payment is added to Section 1.01 of the Agreement as follows:
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Annual Interest Payment means, with respect to any Annual Interest Period, an amount in cash equal to the simple interest accrued during such Annual Interest Period on any Post-Closing Payment that was not paid prior to or during such Annual Interest Period, calculated at the rate of 8.0% per annum, based on a 365-day year.
Sample 1
Annual Interest Payment. ’ means each periodic payment of interest received by the Issuer in respect of a Collateral Debt Obligation that provides for periodic payments of interest annually.
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Related to Annual Interest Payment

  • Interest Payment has the meaning set forth in Section 4.02.

  • 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.

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.

  • 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.

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

  • Interest Payment Dates shall have the meaning set forth in paragraph 1 of each Note.

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

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.

  • Fixed Rate Interest Payment Date has the meaning provided in Section 3.02(e)(i).

  • LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • Compensating Interest Payment As defined in Section 6.06.

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Compensating Interest Payments Any payment required to be made by the Master Servicer pursuant to Section 3.13 of this Agreement to cover Prepayment Interest Shortfalls.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • 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

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • Interest Payable means in respect of the relevant Measurement Period ending on any Measurement Date, the aggregate of:

  • Redemption Payment Date As defined in Section 13.1.