Interest Obligation definition

Interest Obligation means the obligation of the Corporation to pay interest on the Debentures, as and when the same becomes due;

Interest Obligation means the Company's obligation to pay interest on the Debentures in accordance with the Indenture;

Interest Obligation means the obligation of the Issuer to pay interest on the Debentures, as and when the same becomes due in accordance with the provisions of this Indenture.

Examples of Interest Obligation in a sentence

• Shareholder has, and will have at all times from the date hereof until the Expiration Date, sole voting power, sole power of disposition and sole power to issue instructions with respect to the matters set forth in Section 2(a) and Section 3, subject to the limitations, qualifications and restrictions on such rights mentioned above.

• The Trust Unit Interest Payment Election Notice shall direct the Debenture Trustee to solicit and accept only, and each Trust Unit Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of, sufficient bids to result in aggregate proceeds from such issue and sale of Trust Units which, together with the cash payments by the Trust in lieu of fractional Trust Units, if any, equal the Interest Obligation on the Trust Unit Delivery Date.

• The Shares to be issued in satisfaction of the Corporation’s Interest Obligation on the Debentures shall be issued at the then Current Market Price.

• The Shares to be issued in satisfaction of the Corporation’s Interest Obligation on the Debentures shall be issued at a price equal to the Current Market Price.

• The Common Share Interest Payment Election Notice shall direct the Trustee to solicit and accept only, and each Common Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of, sufficient bids to result in aggregate proceeds from such issue and sale of Common Shares which, together with the cash payments by the Corporation in lieu of fractional Common Shares, if any, equal the Interest Obligation on the Common Share Delivery Date.

More Definitions of Interest Obligation

Interest Obligation means the obligation of the Corporation to pay interest on the Secured Notes, as and when the same becomes due in accordance with the terms hereof and any Secured Notes.

Interest Obligation means Chemtrade’s obligation to pay interest on the Debentures;

Interest Obligation means the Issuer's obligation to pay interest on the Bonds in accordance with the Bond Indenture;

Interest Obligation means the obligation of the REIT to pay interest on the Debentures, as and when the same becomes due;

Interest Obligation means the obligation of the Company to pay interest on the Debentures either on the Maturity Date, or, if the Company makes a Common Share Interest Payment Obligation, the date such interest is paid in accordance with Article 11;

Interest Obligation means the obligation of the Company to pay interest on the Rand Notes, as and when the same becomes due;

Interest Obligation means the obligation of the Company to pay interest on the 6.25% Debentures, as and when the same becomes due.