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

• If an Interest Payment Date or a Redemption Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.

• Except as otherwise provided as contemplated by Section 301, every Global Security will provide that interest, if any, payable on any Interest Payment Date will be paid to the Depositary, by wire transfer of immediately available funds, with respect to that portion of such Global Security held for its account, for the purpose of permitting the Depositary to credit the interest received by it in respect of such Global Security to the accounts of the beneficial owners thereof.

• The Issuer reserves and the Company covenants and agrees to pay to the Trustee hereinafter provided and in the Indenture designated, for the account of the Issuer and during the Basic Term, for deposit in the Principal and Interest Payment Account referred to herein and in the Indenture established, on each Basic Rent Payment Date, Basic Rent in immediately available funds.

• Interest Payment Dates: January 12 and July 12 (each, an “Interest Payment Date”), commencing on January 12, 2025, and upon the Stated Maturity.

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

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

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 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;