Cash Interest Election Date definition

Cash Interest Election Date means the Interest Payment Date as of which the Company makes a Cash Interest Election.
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Cash Interest Election Date means the interest payment date on ---------------------- which the Company makes a Cash Interest Election.
Sample 1
Cash Interest Election Date means the Interest Payment Date (if such Interest Payment Date is prior to October 15, 2008) as of which the Company makes a Cash Interest Election.
Sample 1

Examples of Cash Interest Election Date in a sentence

  • The Company will pay interest semi-annually in arrears on each Interest Payment Date, commencing the earlier of August 15, 2002 and the February 15 or August 15 immediately after the Cash Interest Election Date (if any).

  • If a Registration Default exists with respect to the Securities prior to the Cash Interest Election Date, the Company will make cash payments of Additional Interest on each interest payment date on the Securities which are Transfer Restricted Securities at the rate set forth in the preceding sentence multiplied by the Accreted Value of the Securities as of the interest payment date on which such payment is made.

  • Following the Irrevocable Cash Interest Election Date, all interest due on each subsequent Interest Payment Date on the then outstanding Accreted Value of this Senior Note shall be payable in cash as set forth in the first paragraph of this Section 301.

  • Cash interest on the Securities will not accrue until the earlier of the Cash Interest Election Date or August 15, 2002.

  • The Company is, subject to certain conditions, obligated to make an offer to purchase Securities at a purchase price equal to 100% of their Accreted Value on the Purchase Date, unless the Purchase Date is on or after the earlier to occur of February 15, 2002 and the Cash Interest Election Date, in which case such purchase price shall be equal to 100% of the aggregate principal amount at maturity thereof, plus accrued and unpaid interest thereon, if any, to the Purchase Date.

  • Upon the occurrence of a Change of Control, the Company will be required to offer to purchase all of the outstanding Securities at a purchase price equal to 101% of their Accreted Value on the Purchase Date, unless the Purchase Date is on or after the earlier to occur of February 15, 2002 and the Cash Interest Election Date, in which case such purchase price shall be equal to 101% of the aggregate principal amount at maturity thereof, plus accrued and unpaid interest thereon, if any, to the Purchase Date.

  • On or after October 15, 2008, or, if earlier, the Cash Interest Election Date, if the Change of Control Payment Date is on or after an interest record date and on or before the related interest payment date, accrued and unpaid interest, if any, will be paid to the Holder in whose name a Note is registered at the close of business on such record date, and no additional interest will be payable to Holders who tender pursuant to the Change of Control Offer.

  • On or after October 15, 2008 or, if earlier, the Cash Interest Election Date, if the date of purchase is on or after an interest record date and on or before the related interest payment date, accrued and unpaid interest, if any, will be paid to the Holder in whose name a Note is registered at the close of business on such record date, and no additional interest will be payable to holders who tender pursuant to the Asset Sale Offer.

  • The Company will pay interest semiannually in arrears on each Interest Payment Date, commencing on the earlier of November 1, 2003 and the May 1 or November 1 immediately after the Cash Interest Election Date (if any).

  • The Company will pay interest semi-annually in arrears on each Interest Payment Date, commencing on the earlier of February 15, 2003 and the February 15 or August 15 immediately after the Cash Interest Election Date (if any).

Related to Cash Interest Election Date

  • Interest Election Request means a request by the Borrower to convert or continue a Borrowing in accordance with Section 2.07.

  • IDR Reset Election has the meaning given such term in Section 5.11(a).

  • Election Date has the meaning specified in Section 3.12(h).

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • Quarterly Floating Rate Period means the period from and including a Quarterly Commencement Date to but excluding the next succeeding Quarterly Commencement Date.

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBOR Rate Reset Date.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Floating Quarterly Dividend Rate means, for any Quarterly Floating Rate Period, the rate of interest (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the T-Bill Rate on the applicable Floating Rate Calculation Date plus 1.60% (calculated on the basis of the actual number of days elapsed in such Quarterly Floating Rate Period divided by 365).

  • Maximum Uncertificated Accrued Interest Deferral Amount With respect to any Distribution Date, the excess of (i) accrued interest at the Uncertificated REMIC II Pass-Through Rate applicable to REMIC II Regular Interest ZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC II Regular Interest ZZ minus the REMIC II Overcollateralization Amount, in each case for such Distribution Date, over (ii) the aggregate amount of Uncertificated Accrued Interest for such Distribution Date on the REMIC II Regular Interests (other than REMIC II Regular Interests AA, ZZ and IO), with the rate on each such REMIC II Regular Interest (other than REMIC II Regular Interests B-1, B-2, B-3 and B-4) subject to a cap equal to the least of (x) the One-Month LIBOR Pass Through Rate for the Corresponding Certificate, (y) 11.00% per annum and (z) the Net WAC Cap Rate for the REMIC III Regular Interest the ownership of which is represented by the Corresponding Certificate for the purpose of this calculation for such Distribution Date, and with the rate on each of the REMIC II Regular Interests B-1, B-2, B-3 and B-4 subject to a cap equal to the lesser of (i) the per annum fixed rate specified in the definition of “Pass-Through Rate” for the Corresponding Certificate, and (ii) the related Net WAC Cap Rate for the REMIC III Regular Interest the ownership of which is represented by the Corresponding Certificate for the purpose of this calculation for such Distribution Date; provided, however, that solely for this purpose, the related cap with respect to each REMIC II Regular Interest (other than REMIC II Regular Interests AA, ZZ, B-1, B-2, B-3, B-4 and IO) shall be multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related Accrual Period. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Specified Redemption Date means the tenth Business Day after receipt by the General Partner of a Notice of Redemption; provided that, if the Shares are not Publicly Traded, the Specified Redemption Date means the thirtieth Business Day after receipt by the General Partner of a Notice of Redemption.

  • Floating Rate Interest Payment Date has the meaning provided in Section 2.7(b).

  • Automatic Early Redemption Event means that:

  • Fixed Rate Interest Payment Date has the meaning set forth in clause (d) of Section 2.01 of this Supplemental Indenture.

  • Interest-Only Period means the period from and including the first Borrowing Date and through and including the sixteenth (16th) Payment Date following the first Borrowing Date.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.