Fixed Rate Payment Date means, with respect to any Fixed Rate Portion: (i) the day on which the related Interest Period ends (and, if such Interest Period is three months or longer, the three-month anniversary of the first day of such Interest Period), and (ii) any day on which past due interest or past due principal is owed hereunder with respect to such Fixed Rate Portion and is unpaid. If the terms hereof or of the Credit Agreement provide that payments of interest or principal with respect to such Fixed Rate Portion shall be deferred from one Fixed Rate Payment Date to another day, such other day shall also be a Fixed Rate Payment Date. Upon the occurrence of certain events as set forth in the Credit Agreement, all or a portion of the principal amount of this Note may be subject to mandatory prepayment. The principal amount of this Note, together with all interest accrued hereon, shall be due and payable in full on April 1, 2003. The Base Rate Portion of the Loan (exclusive of any past due principal or interest) from time to time outstanding shall bear interest on each day outstanding at the Base Rate in effect on such day. On each Base Rate Payment Date, Borrower shall pay to the holder hereof all unpaid interest which has accrued on the Base Rate Portion to but not including such Base Rate Payment Date. Each Fixed Rate Portion of the Loan (exclusive of any past due principal or interest) shall bear interest on each day during the related Interest Period at the related Fixed Rate in effect on such day. On each Fixed Rate Payment Date relating to such Fixed Rate Portion, Borrower shall pay to the holder hereof all unpaid interest which has accrued on such Fixed Rate Portion to but not including such Fixed Rate Payment Date. All past due principal of and past due interest on the Loan shall bear interest on each day outstanding at the Late Payment Rate in effect on such day, and such interest shall be due and payable daily as it accrues. Notwithstanding the foregoing provisions of this paragraph: (a) this Note shall never bear interest in excess of the Highest Lawful Rate, and (b) if at any time the rate at which interest is payable on this Note is limited by the Highest Lawful Rate (by the foregoing clause (a) or by reference to the Highest Lawful Rate in the definitions of Base Rate, Fixed Rate, and Late Payment Rate), this Note shall bear interest at the Highest Lawful Rate and shall continue to bear interest at the Highest Lawful Rate until such time as the total amount of ...
Fixed Rate Payment Date means, with respect to any Fixed Rate Portion: (i) the day on which the related Interest Period ends and (ii) any day on which past due interest or past due principal is owed hereunder with respect to such Fixed Rate Portion and is unpaid. If the terms hereof or of
Fixed Rate Payment Date has the meaning given to it in Condition 3.1.
Examples of Fixed Rate Payment Date in a sentence
On the Fixed Rate Payment Date, Buyer shall pay the Fixed Amount and, on each Floating Rate Payment Date, Seller shall pay the Floating Amount for the Calculation Period ending on that Payment Date.
Fixed Rate Payer Fixed Amounts:The Fixed Rate Payer will make payments in an amount equal to the amount of interest received from the Initial Charged Assets on each Fixed Rate Payment Date.
The joint-management body (JMB) comprising the developer and the homeowners will be responsible for the maintenance and management of common properties until a Management Committee (MC) is formed; after which it will be responsible to perform the functions of the JMB.
As some TSOs already use weekly load forecasts for their system operation to calculate week-ahead forecasts for the transmission capacity it should be also possible to provide this information.Compared to 1.3 GGP-IMT this definition was changed concerning one issue.
If the Fixed Rate Payment Date, Maturity Date, or Mandatory Purchase Date is not a Business Day, the interest on or principal of the Fixed Rate Bonds shall be paid on the succeeding Business Day.
More Definitions of Fixed Rate Payment Date
Fixed Rate Payment Date means, with respect to any Eurodollar Loan: (a) the day on which the related Interest Period ends, and (b) any day on which past due interest or past due principal is owed hereunder with respect to such Eurodollar Loan and is unpaid. If the terms hereof provide that payments of interest or principal with respect to such Eurodollar Loan shall be deferred from one Fixed Rate Payment Date to another day, such other day shall also be a Fixed Rate Payment Date.
Fixed Rate Payment Date means, with respect to any Fixed Rate Portion: (i) the day on which the related Interest Period ends (and, if such Interest Period is three months or longer, the three-month anniversary of the first day of such Interest Period) and (ii) any day on which past due interest or past due principal is owed hereunder with respect to such Fixed Rate Portion and is unpaid. If the terms hereof or of the Credit Agreement provide that payments of interest or principal with respect to such Fixed Rate Portion shall be deferred from one Fixed Rate Payment Date to another day, such other day shall also be a Fixed Rate Payment Date.
Fixed Rate Payment Date means January 19 and July 19 of each year, from and including July 19, 2006, to and including January 19, 2016.
Fixed Rate Payment Date means, in relation to each Capital Payment Period from (and including) the Issue Date to (but excluding) the Reset Date, June 29 of each year.
Fixed Rate Payment Date shall have the meaning ascribed to such term in the Indenture.
Fixed Rate Payment Date means, with respect to any Fixed Rate Portion: (i) the day on which the related Interest Period ends and (ii) any day on which past due interest or past due principal is owed hereunder with respect to such Fixed Rate Portion and is unpaid. If the terms hereof or of the Credit Agreement provide that payments of interest or principal with respect to such Fixed Rate Portion shall be deferred from one Fixed Rate Payment Date to another day, such other day shall also be a Fixed Rate Payment Date." is hereby amended in its entirety to read as follows:
Fixed Rate Payment Date means, with respect to any Fixed Rate Portion: (i) the day on which the related Interest Period ends, (ii) the last day of each calendar month, beginning August 31, 1998, and (iii) any day on which past due interest or past due principal is owed hereunder with respect to such Fixed Rate Portion and is unpaid. If the terms hereof or of the Credit Agreement provide that payments of interest or principal with respect to such Fixed Rate Portion shall be deferred from one Fixed Rate Payment Date to another day, such other day shall also be a Fixed Rate Payment Date."