Collateral Interest Payment Date definition

Collateral Interest Payment Date means any date on which a Collateral Interest Amount is payable.

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.

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.

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.

• 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.

• Applicants for, and individuals receiving, services provided by OIB are afforded certain rights, which include the right to: be informed in writing of their rights; services that are nondiscriminatory; protection of personal information contained in program records; and appeal decisions regarding planned services or the eligibility for such services.

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 29 May 2017), as adjusted in accordance with the Modified Following Business Day Convention, for which purpose "Business Days" shall be London, Madrid and Luxembourg.

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.

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).

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.