Floating Interest Payment Date definition

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

Floating Interest Payment Date means January 1, April 1, July 1 and October 1 of each year, beginning [_____________].

Floating Interest Payment Date means [insert Floating Interest Payment Dates]. Floating Interest Payment Dates are subject to adjustment in accordance with the provisions set out in § 4 (4).]

Examples of Floating Interest Payment Date in a sentence

• An “Interest Payment Date” is either a Fixed Interest Payment Date or a Floating Interest Payment Date, as applicable.

• The Notes shall bear interest [annually] [semi-annually] [quarterly] in arrear based on their principal amount during the Floating Interest Period[s] from (and including) [insert Interest Commencement Date] (the "Interest Commencement Date") to (but excluding) the [in case of no adjustment of Floating Interest Period insert: [last] Floating Coupon Date] [in case of an adjustment of Floating Interest Period insert: [last] Floating Interest Payment Date].

• The first interest period shall begin on, and include, the last Fixed Rate Interest Payment Date to, but exclude, the First Floating Interest Payment Date.

• Each subsequent interest period shall begin on, and include, a Floating Interest Payment Date to, but exclude, the immediately succeeding Floating Interest Payment Date (together with the first interest period, each a “Floating Rate Interest Period”) except that the final Floating Rate Interest Period shall end on, but exclude, the Maturity Date.

• Unless previously redeemed in whole or in part or purchased and cancelled, the Notes shall be redeemed at their Final Redemption Amount on [in case of a specified Maturity Date insert such Maturity Date] [in case of a Redemption Month insert: the [Floating] Interest Payment Date falling in [insert Redemption Month and Redemption Year]] (the "Maturity Date").

More Definitions of Floating Interest Payment Date

Floating Interest Payment Date means [Specified Floating Interest Payment Dates] in each year, commencing on [First Floating Interest Payment Date].

Floating Interest Payment Date means the last day of each March, June, September and December in each year.

Floating Interest Payment Date means [●], [●], [●] and [●] of each year to Stated Maturity, beginning [●].

Floating Interest Payment Date means the 1st day of March, June, September and December in each year. If any Floating Interest Pay- ment Date would otherwise fall on a day which is not a Business Day, it shall be postponed to the next day which is a Business Day unless it would thereby fall into the next calendar month, in which event the Floating Interest Payment Date shall be the immediately preceding Business Day. In these Terms and Conditions, “Business Day” means a day on which all relevant parts of the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) system are operational. Each period from and including 1 June 2016 to but exclud- ing the first Floating Interest Payment Date and thereafter from and including each Floating Interest Payment Date to but excluding the next following Floating Interest Payment Date is a “Floating Interest Period”.

Floating Interest Payment Date means each 15 July, 15 October, 15 January and 15 April in each year. If any Floating Interest Payment Date would otherwise fall on a day which is not a Business Day, it shall be postponed to the next day which is a Business Day unless it would thereby fall into the next calendar month, in which event the Floating Interest Payment Date shall be the immediately preceding Business Day.

Floating Interest Payment Date means, subject to the Floating Business Day Convention, [insert Floating Interest Payment Date(s)] in each year. The first Floating Interest Payment Date will be [●], subject to the Floating Business Day Convention.

Floating Interest Payment Date means, with respect to any Floating Interest Amount, the date on which the relevant Cash Distribution is paid;