Hire Payment Date definition

Hire Payment Date means a date on which payment of Hire is due under this Charter, as such date is established pursuant to section 8.2.
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Hire Payment Date means the last day of each and any Hire Period, it being understood that there are altogether twenty-eight (28) Hire Payment Dates in the Agreed Charter Period.
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Hire Payment Date means, as the context may require:
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Examples of Hire Payment Date in a sentence

  • If a Hire Payment Date falls on a day which is not a banking day at the place at which payment is to be received, payment shall instead be made on the next preceding day that is a banking day at such place.

  • All deductions from Hire shall be verified by Charterer by production of vouchers or supporting documentation corresponding to the deductions within ***** days after the applicable Hire Payment Date.

  • Each Hire shall be received by the Owners no later than 4:00 p.m. (Beijing time) on the relevant Hire Payment Date (in respect of which time is of the essence).

  • Any Hire paid but not earned shall be refunded on the next Hire Payment Date (or as otherwise provided under this Charter) to Charterer by Owner (except in the case of a payment under section 8.5 for which Owner has a period of ***** days in which to make payment).

  • Each Hire payment shall be made in arrears on each Hire Payment Date (Beijing time) (in respect of which time is of the essence).

  • In the event that on any Charter Hire Payment Date there are insufficient funds in the Operating Account to pay all Subordinated Operating Expenses then due and payable in accordance with Section 3.4(b) of the Depository Agreement, Deepwater shall be entitled to issue Subordinated Debt to the Person to whom such Subordinated Operating Expenses are due in the amount of such shortfall.

  • In addition to payment of Basic Hire hereunder, the Charterers shall pay to the Owners Additional Hire (as defined below), if any, quarterly in arrears, on each Additional Hire Payment Date as hereinafter provided.

  • Upon the occurrence of an Event of Loss, the Charterer shall forthwith give the Owner written notice of such Event of Loss and shall pay to the Owner within 60 days following the date of the occurrence of such Event of Loss the Stipulated Loss Value of the Vessel calculated as of such Basic Hire Payment Date occurring after the occurrence of the Event of Loss plus interest at a rate per annum equal to the Overdue Rate.

  • Such adjustment shall become effective as of the Hire Payment Date which first occurs following the ***** day after the date upon which Charterer received such revised estimates.

  • All deductions from Hire shall be verified by Charterer by production of vouchers or supporting documentation corresponding to the deductions within thirty (30) days after the applicable Hire Payment Date.


More Definitions of Hire Payment Date

Hire Payment Date means in respect of any Hire Payment, each Banking Day on which the Sub-Lessee receives a payment of Earnings under the Enterprise Contract;
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Hire Payment Date means the date on which a payment in respect of Hire falls due under clause 13.3;
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Hire Payment Date means (i) the last day of each applicable Variable Hire Period (and, if such Variable Hire Period shall exceed three months, also on the date occurring three months after the commencement of such Variable Hire Period) and (ii) the last day of the Basic Term and, if applicable, the last day of each Additional Term; provided, however, that during any ABR Period. "Hire Payment Date" shall also mean the last day of March, June, September and December, or, if any such day is not a Business Day, the next succeeding Business Day.
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Hire Payment Date shall also mean the last day of March, June, September and December, or, if any such day is not a Business Day, the next succeeding Business Day.
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Hire Payment Date has the meaning given to such term in the Bareboat Charter.
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Related to Hire Payment Date

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

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

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Payment Date means the first day of each calendar month.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.