Interest Payment Day definition

Interest Payment Day means the last day in each month on which we are open for business in Toronto, Ontario;

Interest Payment Day means the last day of each Interest Period.

Interest Payment Day shall refer to the Interest Payment Day set forth in the Foreign Financing Agreement.

Examples of Interest Payment Day in a sentence

• CP's employer offers her lifetime retiree health benefits, which she declines.

• Any Interest Amount shall be paid by the Company to the Holders on the fifth (5th) Business Day (the "Interest Payment Day") following the day on which the Company shall have given notice to the Holders of such Interest Amount – provided that the Holder has not exercised its entitlement to redeem all the Securities in accordance with § 11 hereof.

• In case such day is not a Business Day, such payment shall be made on the next Business Day (each one an “Interest Payment Date”); in the understanding that the last Interest Payment Day shall occur precisely on the Expiration Date.

• If any Interest Payment Day does not fall on a Working Day, then the interest payable on the Interest Payment Date concerned falls due and is payable on the first Working Day following such Interest Payment Day (hereinafter: “Next Working Day Rule”).

• Interests will be due quarterly on the last day of each Period of Interests; in the understanding that, in case such day is not a Business Day, such payment shall be made on the next Business Day (each one an “Interest Payment Date”); in the understanding that the last Interest Payment Day shall occur precisely on the Expiration Date.

More Definitions of Interest Payment Day

Interest Payment Day is amended by deleting “, the Premium Finance Loan Maturity Date”.

Interest Payment Day the days when the Borrower shall pay Interest to the Lender, which are specified in the individual Loan Certificate

Interest Payment Day means April 11 and October 11 of each year from the issuance of bonds on April 11, 1997 to the Maturity Date of Bonds (inclusive), if such day falls on a non-business day, it shall be adjusted pursuant to Article 5.1.3 of this Agreement, but the date as notified by the Lender shall prevail in the end.

Interest Payment Day means the day indicated as such in section 21 of the Agreement;

Interest Payment Day means the day of the month specified in your acceptance of the Mortgage Offer as the day you wish to make your Monthly Payments, which can be no later than the 28th of each month, or as otherwise advised by us from time to time in accordance with Condition 3.8. You can vary this day from time to time by giving us at least 30 days advance written notice. If you change the Interest Payment Day then interest will be due and payable which will not automatically be collected in the Monthly Payment following the change.

Interest Payment Day. An interest date means every 20th day of the last month for each quarter (i.e., March 20th, June 20th, September 20th and December 20th) and the Final Expiration Day (referred to as Interest Payment Day). In any case that that an Interest Payment Day falls on a non-Banking Day, the next Banking Day shall be the Interest Day. (However, if the next Banking Day falls on the next month, then it shall be the Banking Day before)

Interest Payment Day means February 20, May 20, August 20 and November 20, provided that if any day so indicated is not a Business Day then that Interest Payment date shall fall on the next Business Day in the same calendar month or, if there is no such Business Day, on the nearest preceding Business Day in the same calendar month;