Examples of Initial Interest Payment Date in a sentence

Interest owed to SELLER and interest owed to EDISON pursuant to the foregoing calculations will be netted to determine the actual amount owing to SELLER on the Initial Interest Payment Date.
For illustration purposes, Exhibit 3.2.2 to this Agreement sets forth the amount of the Initial Interest Payment that EDISON would make to SELLER assuming that the Initial Interest Payment Date occurred on June 18, 2001.
As to unpaid sums for power deliveries included in the Stipulated Amount, interest at such annual rate shall run from the date on which the unpaid sum for a particular monthly delivery first were to have been mailed by EDISON to SELLER under the Contract until such interest is paid on the Initial Interest Payment Date.
On the Initial Interest Payment Date, EDISON shall also pay to SELLER ten (10) % of the Stipulated Amount (the "Initial Partial Payment").
In the case of any Security other than an Initial Security, insert the relevant Initial Interest Payment Date.

More Definitions of Initial Interest Payment Date

Initial Interest Payment Date means the Interest Payment Date corresponding to the first full fiscal quarter following the initial issuance of the Bonds.

Initial Interest Payment Date has the meaning specified in Section 301.

Initial Interest Payment Date means (a) with respect to any Security other than the Initial Securities, the first April 15 or October 15 occurring after the Securities Issue Date for such Security and (b) with respect to each Initial Security, October 15, 2004. The Initial Securities, the Exchange Securities and any Additional Securities issued hereunder shall rank pari passu. The principal of and interest on the Securities shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose; provided, however, that, at the option of the Company, cash interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Security Register. The Securities are subject to redemption at the option of the Company on terms and in the manner set forth in Sections 1101 through 1106 hereof. At the election of the Company, the entire indebtedness represented by the Securities or certain of the Company's obligations and covenants and certain Events of Default thereunder may be defeased as provided in Article Twelve. The Securities shall be senior unsecured obligations of the Company and shall rank pari passu in right of payment with all existing and future unsubordinated indebtedness of the Company.

Initial Interest Payment Date. With respect to any Class of Compound Interest Bonds of any Series, the Principal Payment Date on which the outstanding principal of the Class of Bonds of such Series whose final installment of principal has the latest Stated Maturity of principal prior to the Stated Maturity of the final installment of principal of such Class of Compound Interest Bonds is paid in full.

Initial Interest Payment Date with respect to any series of Securities means the date of the Stated Maturity of the initial installment of interest on Securities of such series.

Initial Interest Payment Date means September 30, 2000.