Interest Payment definition

Interest Payment has the meaning set forth in Section 4.02.
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 9 (Interest).

Examples of Interest Payment in a sentence

  • Except as provided in clause (ii) below, interest accrued on the outstanding principal balance of each Advance shall be due and payable to FFB on each Payment Date beginning on the First Interest Payment Date to occur after the date on which such Advance is made, through and including the Maturity Date.

  • Notwithstanding the foregoing, if Notes are converted after the close of business on a Regular Record Date and prior to the open of business on the immediately following Interest Payment Date, Holders of such Notes as of the close of business on such Regular Record Date will receive the full amount of interest payable on such Notes on the corresponding Interest Payment Date notwithstanding the conversion.

  • Interest on any Security of any series which is payable on any Interest Payment Date shall be paid to the Holder of such Security as determined at the close of business on the Record Date.

  • If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice.

  • Any amounts of Additional Interest due pursuant to this Section 5 will be paid in cash on the relevant Interest Payment Date to Holders of record on the relevant regular record dates.


More Definitions of Interest Payment

Interest Payment means the aggregate amount of interest that is, or is scheduled to become, payable under any Finance Document.
Interest Payment. Dates: February 1st and August 1st.
Interest Payment. Dates: June 15 and December 15.
Interest Payment shall have the meaning set forth in Section 4.01(d).
Interest Payment means, with respect to any Interest Payment Date, the interest payment on the Notes due on such Interest Payment Date.
Interest Payment means, in respect of an Interest Payment Date, the aggregate Interest Amounts for the Interest Period ending on such Interest Payment Date;