Floating Interest Payment Date means March 30, June 30, September 30 and December 30 of each year, beginning September 30, 2024.
Floating Interest Payment Date means January 15, April 15, July 15, and October 15 of each year, beginning January 15, 2021 and ending October 15, 2025.
Examples of Floating Interest Payment Date in a sentence
Interest will be payable [annually][semi-annually][quarterly] in arrears on each Floating Interest Payment Date, the first such payment to be made on [insert First Floating Interest Payment Date] (the "First Floating Interest Payment Date").
Actual/365 (Sterling) means the actual number of days in the Floating Interest Period divided by 365 or, in the case of a Floating Interest Payment Date falling in a leap year, 366.
An “Interest Payment Date” is either a Fixed Interest Payment Date or a Floating Interest Payment Date, as applicable.
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 February 15, May 15, August 15 and November 15 of each year, beginning February 15, 2026.
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).]
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 [●], [●], [●] and [●] of each year to Stated Maturity, beginning [●].
Floating Interest Payment Date means each 24 June, 24 September, 24 December and 24 March. The first Floating Interest Payment Date will be 24 March 2025, subject to the Floating Business Day Convention.