Cash Interest Payment definition

Cash Interest Payment means, in the aggregate, in respect of the Existing Senior Unsecured Notes, all accrued and unpaid interest, at the contractual non-default rate, outstanding as at the Effective Date, less US$2 million.
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Cash Interest Payment means, in respect of the Senior Unsecured Notes, all accrued and unpaid interest, at the contractual non-default rate, outstanding as at the Effective Date, less US$2 million;
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Cash Interest Payment means any Interest paid in cash in accordance with Condition 4.2(b) (Payment of Interest).
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Examples of Cash Interest Payment in a sentence

  • In order to elect to pay Cash Interest on any interest payment date, the Issuer must deliver a written notice of its election to the Trustee no later than 10 days prior to such interest payment date (the “Cash Election Deadline”) specifying that it is electing a Cash Interest Payment (and if the Issuer does not deliver such notice on or prior to the Cash Election Deadline, then a PIK Interest Payment shall be made on such interest payment date).

  • In the case of a Global Security, interest payable on any Contingent Cash Interest Payment Date will be paid to the Depositary for the purpose of permitting DTC to credit the interest received by it in respect of such Global Security to the accounts of the beneficial owners thereof.

  • Such payments shall be paid on the last day of the Semiannual Period (in each case, a "Contingent Cash Interest Payment Date").

  • The Cash Interest Payment shall be made by wire transfer to the account of the Noteholder specified in the applicable Schedule A at the Closing.

  • Contingent Cash Interest payments on any Security that are payable, and are punctually paid or duly provided for, on any Contingent Cash Interest Payment Date shall be paid to the Person who is the Holder of that Security on the 15th day preceding the last day of such Semi-annual Period (the "Contingent Cash Interest Record Date") or, if the Company pays regular cash dividends on the Common Stock during one quarter within such Semi-annual Period, the Common Stock Record Date.

  • In the case of a Global Note, interest payable on any Contingent Cash Interest Payment Date will be paid to the Depositary for the purpose of permitting DTC to credit the interest received by it in respect of such Global Note to the accounts of the beneficial owners thereof.

  • If applicable Contingent Cash Interest, if any, on any Security that is payable in cash, and is punctually paid or duly provided for, on the Contingent Cash Interest Payment Date shall be paid to the person in whose name that Security is registered at the close of business on the Common Stock Record Date or Contingent Cash Interest Payment Date, as the case may be, for such interest at the office or agency of the Company maintained for such purpose.

  • The Holder at the close of business on any Regular Record Date for the payment of interest will be entitled to receive the interest payable on his or her Debenture on the corresponding Cash Interest Payment Date notwithstanding the conversion of such Debenture into Common Stock Series A following such Regular Record Date.

  • Accrued and unpaid Contingent Cash Interest, if any, shall be paid on the last day of such Semiannual Period or, if the Company pays a Regular Cash Dividend on the Ordinary Shares during a Semiannual Period, on the payment date for the related Ordinary Shares dividend (in each case, a "Contingent Cash Interest Payment Date").

  • The Holder of this Debenture at the close of business on any Regular Record Date for the payment of interest will be entitled to receive the interest payable hereon on the corresponding Cash Interest Payment Date notwithstanding the conversion of such Debenture following such Regular Record Date.


More Definitions of Cash Interest Payment

Cash Interest Payment means any payment made or to be made pursuant to Clause 8.1 (Cash Interest Payments).
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Cash Interest Payment has the meaning ascribed thereto in Section 2.1. "Closing” means the consummation of the exchange of Existing Notes contemplated by this Agreement. “Closing Date” means the date that is one (1) Business Day following the date on which the conditions set forth in Section 5 are satisfied. “Code” means the U.S. Internal Revenue Code of 1986, as amended. “Company” has the meaning ascribed thereto in the preamble. “DTC” means The Depository Trust Company. “Exchange” means the exchange of the Existing Notes for the Exchange Shares. “Exchange Act” means the U.S. Securities Exchange Act of 1934, and the rules and regulations promulgated thereunder. “Exchange Consideration” has the meaning ascribed thereto in Section 2.1. “Exchange Shares” means a number of Ordinary Shares equal to 219,420,000. “Existing Notes” has the meaning ascribed thereto in the recitals. “Filing Deadline” has the meaning ascribed thereto in Section 6.6. “Form 20-F” means the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2021. “Holder” has the meaning ascribed thereto in the preamble. “Holder Indemnified Persons” has the meaning ascribed thereto in Section 6.6. “Indenture” has the meaning ascribed thereto in the recitals. “Interest Due” means, with respect to the Existing Notes, the amount of accrued but unpaid interest thereon, accrued through, but excluding, the Closing Date, calculated in accordance with the Indenture. “Lock-Up Period” has the meaning ascribed thereto in Section 6.4. “Lock-Up Shares” has the meaning ascribed thereto in Section 6.4. “Material Adverse Effect” means an event, change, or circumstance that results in or causes a material adverse change in any of (a) the condition (financial or otherwise), business, performance, operations or property of the Company and its subsidiaries, taken as a whole, (b) the ability of the Company to perform its obligations under this Agreement or (c) the validity or enforceability of this Agreement or the rights and remedies of the Holder. “Non-voting Shares” has the meaning ascribed thereto in Section 6.5. “Ordinary Shares” has the meaning ascribed thereto in the recitals.
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Cash Interest Payment is defined in Section 10.10.1(b).
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Cash Interest Payment as defined in the recitals hereto.
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Related to Cash 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.

  • 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.

  • 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).

  • 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;

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

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

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

  • 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.

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

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

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

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

  • 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.

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

  • 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.

  • Compensating Interest Payment As defined in Section 6.06.

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

  • 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.

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

  • 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

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

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

  • Cash Interest means interest paid in the form of cash.

  • Cash Interest Rate means the Federal Funds Effective Rate - the rate for that day opposite the caption “Federal Funds (Effective)” as set forth in the weekly statistical release designated as H.15 (519), or any successor publication, published by the Board of Governors of the Federal Reserve System.