Interest Cessation Date definition

Interest Cessation Date means the due date for redemption of the Notes or such other date which is either specified in, or determined in accordance with the provisions of, the Final Terms or Series Offering Document, as applicable.
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Interest Cessation Date means the date specified as such or, if none, the Redemption Date. “Interest Commencement Date” means the date specified as such or, if none, the Issue Date.
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Interest Cessation Date means the due date for redemption of the Notes or such other date which is either specified in, or determined in accordance with the provisions of, the Supplemental Trust Deed;
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Examples of Interest Cessation Date in a sentence

  • Interest will cease to accrue on each Note on the Interest Cessation Date (as defined below) unless, upon due presentation, payment of the full amount of principal due on such due date for redemption is not made, in which event interest will continue to accrue on the unpaid amount of principal (as well after as before judgment) until the Relevant Date (as defined below) at the Interest Rate determined by the Calculation Agent in the manner provided in this Condition.

  • Interest will cease to accrue on each Note on the Interest Cessation Date (as defined below) unless, upon due presentation, payment of the full amount of principal due on such due date for redemption is not made, in which event interest will continue to accrue on the unpaid amount of principal (as well after as before judgment) until the Relevant Date (asdefined below) at the Interest Rate determined by the Calculation Agent in the manner provided in this Condition.

  • Interest shall cease to accrue on each Note on the Interest Cessation Date (as defined below).

  • Interest will cease to accrue on each Note on the Interest Cessation Date unless, upon presentation, payment of Principal is improperly withheld or refused, in which case Interest will continue to accrue (before as well as after judgment) to the Relevant Date at the Interest Rate in the manner provided in this Condition.

  • Interest shall cease to accrue on the principal amount of Notes from and including the Interest Cessation Date.

  • The Interest Cessation Date with respect to each Note will be the final Interest Payment Date to fall before the date on which that Note ceases to be outstanding for the reasons stated in Paragraph 2.2(a).

  • For the purposes of this Paragraph, a Note will be not be regarded as “outstanding” on a date if a Put Redemption Date with respect to that Note, a Mandatory Redemption Date or the Scheduled Maturity Date has occurred with respect to that Note on or prior to that date.(b) Interest Cessation Date: The Interest Cessation Date with respect to each Note will be the final Interest Payment Date to fall before the date on which that Note ceases to be outstanding for the reasons stated in Paragraph 2.2(a).

  • Instead, repayment of the Senior Notes shall be effected by the release from the Escrow Account of an amount sufficient to repay all amounts outstanding on the Senior Notes as at (but including) the Interest Cessation Date (such amount being the aggregate of all amounts payable to the Senior Noteholders in accordance with Section 2(d) below).

  • The Interest Cessation Date with respect to each Note will be the final Interest Payment Date to fall before the date on which that Note ceases to be outstanding for the reasons stated in Paragraph 3.2(a).

  • Notwithstanding any provisions to the contrary in Conditions 7(b), 7(c) or 9, no accrued interest shall be payable in the case of redemption pursuant to Conditions 7(b), 7(c) or 9 in respect of any period falling on or after the Interest Cessation Date.

Related to Interest Cessation Date

  • Cessation Date means the date of Participant’s Termination of Service (regardless of the reason for such termination).

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Index Cessation Effective Date means, in respect of an Index Cessation Event, the first date on which the Applicable Rate is no longer provided. If the Applicable Rate ceases to be provided on the same day that it is required to determine the rate for an Interest Determination Date but it was provided at the time at which it is to be observed (or, if no such time is specified, at the time at which it is ordinarily published), then the Index Cessation Effective Date will be the next day on which the rate would ordinarily have been published; and

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;

  • OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank Funding Rate) ceases to publish the daily Overnight Bank Funding Rate or the date as of which the daily Overnight Bank Funding Rate may no longer be used;

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • Accrual Termination Date Not applicable.

  • €STR Index Cessation Event means the occurrence of one or more of the following events, as determined by the Issuer and notified by the Issuer to the Calculation Agent:

  • SOFR Index Cessation Event means the occurrence of one or more of the following events:

  • Index Cessation Event means, with respect to an Applicable Benchmark, (a) a public statement or publication of information by or on behalf of the Administrator of the Applicable Benchmark announcing that it has ceased or will cease to provide the Applicable Benchmark permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator or provider, as applicable, that will continue to provide the Applicable Benchmark; or (b) a public statement or publication of information by the regulatory supervisor for the Administrator of the Applicable Benchmark, the central bank for the currency of the Applicable Benchmark, an insolvency official with jurisdiction over the Administrator for the Applicable Benchmark, a resolution authority with jurisdiction over the Administrator for the Applicable Benchmark or a court or an entity with similar insolvency or resolution authority over the Administrator for the Applicable Benchmark, which states that the Administrator of the Applicable Benchmark has ceased or will cease to provide the Applicable Benchmark permanently or indefinitely, provided that, at the time of the statement or publication, there is no successor administrator or provider that will continue to provide the Applicable Benchmark.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • OBFR Index Cessation Event means the occurrence of one or more of the following events:

  • Acceleration Date on any Security means the date, if any, on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Bankruptcy Coverage Termination Date The point in time at which the Bankruptcy Loss Coverage Amount is reduced to zero.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Formation Date has the meaning set forth in the Recitals hereof.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Amortization Date means the earliest to occur of (i) the Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.