Basic Hire Payment Date definition

Basic Hire Payment Date means each March 30, June 30, September 30 and December 30, beginning March 30, 2003 (December 30, 2002 in the case of the XXX XXXXXXXX) and ending December 30, 2014; provided, however, that if a Basic Hire Payment Date is not a Business Day, the Basic Hire payable by the applicable Charterer on such Basic Hire Payment Date shall be made at the opening of business on the next following Business Day.
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Basic Hire Payment Date means each Basic Hire Payment Date set forth in Schedule C to the Demise Charter; provided, however, that if a Basic Hire Payment Date is not a Business Day, the Basic Hire payable by Charterer on such Basic Hire Payment Date shall be made at the opening of business on the next following Business Day.
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Examples of Basic Hire Payment Date in a sentence

  • Upon the occurrence of an Event of Loss, the Charterer shall forthwith give the Owner written notice of such Event of Loss and shall pay to the Owner within 60 days following the date of the occurrence of such Event of Loss the Stipulated Loss Value of the Vessel calculated as of such Basic Hire Payment Date occurring after the occurrence of the Event of Loss plus interest at a rate per annum equal to the Overdue Rate.

Related to Basic Hire Payment Date

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Payment Date means the 15th day of each month, or, if any such date is not a Business Day, the next succeeding Business Day, commencing April 17, 2017.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).