Interest Payment definition

Interest Payment means, in respect of an interest payment on an Interest Payment Date, the amount of interest payable on the presentation and surrender of the relevant Coupon for the relevant Interest Period in accordance with Condition 4 (Interest Payments);

Interest Payment has the meaning set forth in Section 4.02.

Interest Payment means the aggregate amount of interest that is, or is scheduled to become, payable under any Finance Document.

Examples of Interest Payment in a sentence

• Interest will be payable in arrear on the Interest Payment Date(s) in each year up to (and including) the Maturity Date.

• Payments of interest on any Interest Payment Date will, if so specified in the applicable Final Terms, amount to the Broken Amount so specified.

• Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without prior notice in the event of an extension or shortening of the Interest Period.

• The Bond is subject to optional redemption at the election of the City on any Interest Payment Date, in whole, or with the consent of the Original Purchaser so long as the Original Purchaser is the Owner of the Outstanding Bond, at a redemption price equal to the principal amount thereof to be redeemed, together with accrued interest to the date of redemption, without premium.

• The Interest Amounts and the Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without notice in the event of an extension or shortening of the Interest Period.

More Definitions of Interest Payment

Interest Payment means, with respect to any Interest Payment Date, the interest payment on the Notes due on such Interest Payment Date.

Interest Payment. Dates: June 15 and December 15.

Interest Payment means, in respect the payment of Interest on an Interest Payment Date, the amount of Interest payable for the relevant Interest Period in accordance with Clause 10 (Interest).

Interest Payment shall have the meaning set forth in Section 4.01(d).

Interest Payment has the meaning set forth in the Supplemental Indenture.

Interest Payment means, with respect to an Interest Payment Date, the interest scheduled to be paid on such Interest Payment Date in accordance with these Conditions;

Interest Payment means, in respect of an Interest Payment Date, the aggregate Interest Amounts for the Interest Period ending on such Interest Payment Date;