Default Payment Date definition

Default Payment Date means the date upon which the CVRs become due and payable pursuant to Section 801 of the Agreement.

Default Payment Date means the date upon which the Securities become due and payable pursuant to Section 8.1.

Default Payment Date has the meaning set forth in Section 203.

Examples of Default Payment Date in a sentence

• If the Event of Default is not cured during the Default Notice Period, all amounts payable hereunder shall be due and payable on the Default Payment Date, all without further demand, presentment or notice, or grace period, all of which hereby are expressly waived.

• The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 ("Default Payment Date").

• First, everyone on the webinar today is muted given the large number of participants.

• To investigate further, identify whether this change is (1) unique to Eldoret, (2) unique to maize, or (3) unique to this time period.

• The period between date upon which of an Event of Default has occurred and is continuing beyond any applicable grace period and the Default Payment Date shall be the "DEFAULT PERIOD." If during the Default Period, the Borrower cures the Event of Default, the Event of Default will no longer exist and any additional rights the Holder had triggered by the occurrence and continuance of an Event of Default will no longer exist.

More Definitions of Default Payment Date

Default Payment Date means, for any Component of any Note, the date the Termination Amount for such Component becomes due and payable pursuant to Section 12.

Default Payment Date means the first business day that occurs 12 months after the end of the Participant’s Election Period.

Default Payment Date means the date upon which this VSR becomes due pursuant to Section 8.1 of the Agreement.

Default Payment Date means (i) with respect to a Participant’s Grandfathered Benefit, the first day of the month on which benefits commence to be paid to the Participant under the Retirement Plan; and (ii) with respect to a Participant’s 409A Benefit, the following: (A) for a Participant who incurs a Separation from Service with a Vested Plan Benefit prior to attaining age 55, the first day of the month coincident with or next following the month in which he attains age 55; and (B) for a Participant who incurs a Separation from Service with a Vested Plan Benefit on or after attaining age 55, the first day of the month following his Separation from Service; provided, however, that the Default Payment Date for a Participant’s Grandfathered Benefit and/or 409A Benefit shall not be later than the later of the Participant’s Normal Retirement Date and the first day of the month following the month in which occurs the Participant’s Separation from Service; and provided further, that, if the Participant participates in the SERP prior to becoming eligible to participate in the Plan, his Default Payment Date under the Plan shall be his “Payment Date” under the SERP.

Default Payment Date means the date on which the VCRs become due and payable upon the declaration thereof pursuant to Section 1.03(b) following an Event of Default.

Default Payment Date as defined in Section 5.22 of the Participation Agreement. "Delaware Act" -- the Delaware Revised Uniform Limited Partnership Act, 6. Del. C. 1953, Section 17-101 et seq., as amended from time to time, and any successor thereto.

Default Payment Date has the meaning set forth in Section 2.5(a).