Current Interest Commencement Date definition

Current Interest Commencement Date means with respect to any particular Deferred Income Bonds, the date determined in accordance with the Series Ordinance authorizing such Deferred Income Bonds (which date must be prior to the maturity date for such Deferred Income Bonds) after which interest accruing on such Deferred Income Bonds shall be payable periodically on dates determined in accordance with such Series Ordinance, with the first such payment date being the first such periodic date immediately succeeding such Current Interest Commencement Date.
Current Interest Commencement Date means June 1, 2024 for the 2014A Subordinate Convertible Capital Appreciation Bonds and December 1, 2021 for the 2014A MLF Special Revenue Convertible Capital Appreciation Bonds.
Current Interest Commencement Date means, with respect to any particular Deferred Income Bonds, the date specified in the Supplemental Agreement authorizing such Deferred Income Bonds (which date must be prior to the maturity date for such Deferred Income Bonds) after which interest accruing on such Deferred Income Bonds shall be payable periodically on dates specified in such Supplemental Agreement with the first such payment date being the first such periodic date immediately succeeding such Current Interest Commencement Date.

Examples of Current Interest Commencement Date in a sentence

  • From and after the Current Interest Commencement Date, if the Book Entry System is in effect, the Trustee shall pay interest to DTC, and interest payments shall be distributed by DTC to Holders in accordance with the rules and operational arrangements of DTC.

  • On and after the Current Interest Commencement Date, principal of and interest on the Series 2013-C Warrants shall be paid currently in accordance with the schedule contained in Section 5.3(g) on the dates specified in Section 5.3(h).

  • Prior to the Current Interest Commencement Date, interest shall be payable on overdue Accreted Value of the Series 2013-C Warrants at the Post-Default Rate.

  • After the applicable Current Interest Commencement Date, interest on the 2014A MLF Special Revenue Convertible Capital Appreciation Bonds, at the rate set forth in the following schedule, will be payable on each Interest Payment Date, commencing June 1, 2022.

  • Interest on the 2014A Subordinate Convertible Capital Appreciation Bonds shall be payable on each Interest Payment Date in amounts determined by reference to the Compounded Amount of such 2014A Subordinate Convertible Capital Appreciation Bond on the applicable Current Interest Commencement Date.

  • The Convention on a Code of Conduct for Liner Conferences (87) con­ tains criteria for the détermination of freight rates and for increases in them.

  • After the applicable Current Interest Commencement Date, interest on the 2014A Subordinate Convertible Capital Appreciation Bonds, at the rate set forth in the following schedule, will be payable on each Interest Payment Date, commencing December 1, 2024.

  • On the Current Interest Commencement Date, the Accreted Value of the Series 2013-C Warrants shall be fixed as the principal amount of such Warrants, and the Series 2013-C Warrants shall not accrete in value from such date.

  • Interest on the 2014A MLF Special Revenue Convertible Capital Appreciation Bonds shall compound from the Series Issue Date to the applicable Current Interest Commencement Date.

  • On and after the Current Interest Commencement Date, the Series 2013-C Warrants shall bear interest from the Current Interest Commencement Date, or the most recent date to which interest has been paid or duly provided for, at the applicable rate per annum set forth in Section 5.3(g) above.


More Definitions of Current Interest Commencement Date

Current Interest Commencement Date means the date upon which (A) the Accreted Value of Convertible Capital Appreciation Obligations is converted to principal for the purpose of calculating future interest and (B) Convertible Capital Appreciation Obligations cease accreting interest and begin to accrue current interest. The Current Interest Commencement Date applicable to the Series 2013-C Warrants is specified in Section 5.3(d), and the Current Interest Commencement Date applicable to the Series 2013-F Warrants is specified in Section 5.6(d).
Current Interest Commencement Date means, with respect to any particular Deferred Income Bonds, the date specified in the Supplemental Resolution authorizing such Deferred Income Bonds (which date must be prior to the maturity date for such Deferred Income Bonds) after which interest accruing on such Deferred Income Bonds shall be payable periodically on dates specified in such Supplemental Resolution, with the first such payment date being the first such periodic date immediately succeeding such Current Interest Commencement Date. Date of Issuance shall mean, with respect to any Series of Bonds, the date upon which such Bonds are or have been authenticated and delivered by the Bond Registrar therefor.
Current Interest Commencement Date means the date established prior to the issuance of each Series of Convertible Capital Appreciation Bonds, at which time the Appreciated Value ceases to increase and on and after which date interest on the Maturity Amount is payable currently on the Appreciated Value on the next ensuing interest payment date.
Current Interest Commencement Date means the date designated in the applicable Supplemental Indenture on which interest on any Appreciation and Income Bond ceases to be deferred and compounded and becomes currently payable on the scheduled interest payment dates.
Current Interest Commencement Date means, with respect to any particular Deferred Income Bonds, the date specified in the Supplemental Indenture authorizing such Deferred Income Bonds (which date must be prior to the maturity date for such Deferred Income Bonds) after which interest accruing on such Deferred Income Bonds shall be payable periodically on dates specified in such Supplemental Indenture with the first such payment date being the first such periodic date immediately succeeding such Current Interest Commencement Date.
Current Interest Commencement Date means, with respect to any particular Deferred Interest Bonds, the date specified in the resolution of the JEA supplemental hereto authorizing such Deferred Interest Bonds (which date must be prior to the maturity date for such Deferred Interest Bonds) after which interest accruing on such Deferred Interest Bonds shall be payable periodically on dates specified in such resolution, with the first such payment date being the first such periodic date immediately succeeding such Current Interest Commencement Date.

Related to Current Interest Commencement Date

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

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

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Class A-1 Final Scheduled Distribution Date means the Distribution Date.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

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

  • Interest Date means the last day of an Interest Period.

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

  • Current Date means any day during the 20-day period ending on the date of the Closing.

  • Class A-2 Final Scheduled Distribution Date means the Distribution Date.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.

  • Recommencement Date As defined in Section 6(d) hereof.

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Reduction Date has the meaning set forth in Section 20.1B.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Class A-1 Final Distribution Date means the October 2024 Distribution Date.