Collateral Interest Payment Date definition

Collateral Interest Payment Date means any date on which a Collateral Interest Amount is payable.
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Collateral Interest Payment Date means any date on which a Collateral Interest Amount is received by, or on behalf of, the Issuer pursuant to the Collateral Conditions. For the avoidance of doubt, although interest is expected to be payable by the Collateral Issuer on 17 September in each year commencing on 17 September 2019 under the Collateral Conditions, if such interest is not received by, or on behalf of, the Issuer, such day shall not constitute a Collateral Interest Payment Date.
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Collateral Interest Payment Date means any date on which a Collateral Interest Amount is received by, or on behalf of, the Issuer pursuant to the Collateral Conditions. For the avoidance of doubt, if interest is payable by the Collateral Issuer on any day under the Collateral Conditions but such interest is not received (whether because such interest is deferred pursuant to Collateral Condition 4(d)(i) (Optional deferral of interest), Collateral Condition 4(d)(ii) (Solvency Deferral of Interest), or otherwise) by, or on behalf of, the Issuer, such day shall not constitute a Collateral Interest Payment Date.
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Examples of Collateral Interest Payment Date in a sentence

  • On or around each Reference Collateral Interest Payment Date the Issuer will be obliged to pay an amount to the Swap Counterparty in the Reference Collateral Currency equal to the scheduled Reference Collateral Coupon Amount due to be paid on such Reference Collateral Interest Payment Date provided that no Early Redemption Event or Event of Default has occurred.

  • On each Reference Collateral Interest Payment Date, subject to a Collateral Exchange not having taken place, the relevant RCA Issuer will pay an amount of interest to the Issuer in respect of the nominal amount of the relevantReference Collateral Assets held by the Issuer at such time.

  • Interest Payment Dates: Two Relevant Business Days after a Collateral Interest Payment Date (other than the final Collateral Interest Payment Date) and the Maturity Date, in each case subject to adjustment in accordance with the Modified Following Business Day Convention.

  • On each Reference Collateral Interest Payment Date, subject to a Collateral Exchange not having taken place, the relevant RCA Issuer will pay an amount of interest to the Issuer in respect of the nominal amount of the relevant Reference Collateral Assets held by the Issuer at such time.


More Definitions of Collateral Interest Payment Date

Collateral Interest Payment Date means an "Interest Payment Date" as such term is defined in the Facility Agreement. The Collateral Interest Payment Dates are expected to be on or about 29 November, 29 February, 29 May and 29 August, in each year (from and including 29 November 2009 to and including 29August 2017) and 23 September 2017, as adjusted in accordance with the Modified Following Business Day Convention, for which purpose "Business Days" shall be London, Madrid and Luxembourg.
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Collateral Interest Payment Date means any date on which a Collateral Interest Amount is received by, or on behalf of, the Issuer pursuant to the Collateral Conditions. For the avoidance of doubt, although interest is expected to be payable by the Collateral Issuer on 19 February in each year commencing on 19 February 2020 to and including the Fixed Rate End Date, and 19 February, 19 May, 19 August and 19 November in each year from but excluding the Fixed Rate End Date to and including the Collateral Maturity Date, under the Collateral Conditions, if such interest is not received (whether because such interest is deferred pursuant to Collateral Condition 5(b) (Optional Deferral of Interest) or Collateral Condition 5(c) (Solvency Deferral of Interest), or otherwise) by, or on behalf of, the Issuer, such day shall not constitute a Collateral Interest Payment Date.
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Collateral Interest Payment Date means any date on which a Collateral Interest Amount is payable, including but not limited to any “Interest Payment Date” (in respect of a scheduled “Interest Payment”) or any “Deferred Settlement Date” (in respect of a payment of “Deferred Interest”) (each as defined in the Collateral Notes Conditions).
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Collateral Interest Payment Date means 21 May and 21 November in each year from, and including, 21 November 2008 to, and including, 21 May 2011 and thereafter, five Business Days (as defined in the Collateral Conditions) after each Calculation Date (as defined in the Collateral Conditions). Interest Periods: The first Interest Period is from (and including) the Interest Commencement Date to (but excluding) the Interest Payment Date falling in November 2008 and, thereafter, each successive Interest Period shall begin on (and include) an Interest Payment Date and end on (but exclude) the immediately following Interest Payment Date and the final Interest Period shall begin on (and include) the Interest Payment Date falling in November 2017 and end on (but exclude) the Maturity Date; subject to the proviso that if a mandatory redemption of the Notes occurs in an Interest Period, no interest shall be deemed to have accrued in such Interest Period. Interest Rate: The Interest Rate shall be 6.05 per cent. per annum. Day Count Fraction: The Day Count Fraction is 30/360. Calculation Agent: The Calculation Agent shall be Deutsche Bank AG, London Branch in such capacity. All communications to and by Deutsche Bank AG London Branch in its capacity as Calculation Agent should be made to and will be made by Deutsche Bank AG London Branch - Trust & Securities Services. The Calculation Agent shall cause the Interest Rate for each Interest Period determined by it, together with the relevant Interest Payment Date, to be notified to the Issuer, the Agent, the Paying Agent and the Irish Stock Exchange as soon as possible after their determination but in no event later than the commencement of the relevant Interest Period.
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Related to Collateral Interest Payment Date

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

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

  • 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;

  • 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).

  • Floating Interest Payment Date means February 15, May 15, August 15 and November 15 of each year, beginning February 15, 2026.

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

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

  • 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 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 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.

  • 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 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);

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

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

  • 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.

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

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

  • Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Interest Payment Date.

  • 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

  • Payment Date means the last day of each March, June, September and December.

  • Compensating Interest Payment As defined in Section 6.06.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

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

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

  • 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.