Interest Payment Notice definition

Interest Payment Notice means the interest payment notice in the form set out in Schedule Ten herein;
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Interest Payment Notice shall have the meaning set forth in Section 2(a)(ii).
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Interest Payment Notice is defined in Section 8.1.20."
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Examples of Interest Payment Notice in a sentence

  • As long as any Bond is outstanding, the Issuer shall publish the Interest Payment Notice or Final Redemption Notice on the media designated by the Competent Authorities in accordance with applicable regulations, on the second working day prior to each interest payment date or the fifth working day prior to the last interest payment and repayment date.

  • The Trustee, on behalf of the Company, shall promptly upon receipt of the Interest Payment Notice, and in no event later than the 10th calendar day immediately prior to the Regular Record Date preceding such Interest Payment Date, deliver a corresponding notice prepared by the Company (which may be the same as the Interest Payment Notice) to the Holders.

  • Upon written notification by the Investor Representative to the Escrow Agent that an Event of Default has been declared by the Investor Representative under Section 6(a) hereof with respect to a failure by the Company to make a semiannual payment of Interest (the “Interest Payment Notice”), the Escrow Agent shall disburse such portion of the Holdback Amount to the Investors and in the amounts as set forth in such Interest Payment Notice.

  • The Investor Representative may deliver an Interest Payment Notice only following complete fulfillment by the Investor Representative of all procedures, and the lapse of applicable cure periods, set forth herein relating to the declaration of an Event of Default under Section 6(a) hereof.

  • The Maker shall have no obligation to pay any Demand Interest Payment for any year in which it has not received a Demand Interest Payment Notice conforming to the preceding sentence on or before July 1 of that year.

  • If the Company fails to deliver a Interest Payment Notice at least 45 days prior to any Interest Payment Date, then interest payments on such interest Payment Date shall be made solely in cash.

  • Notwithstanding anything to the contrary contained herein, such a disbursement shall cure the Event of Default that was the subject of the Interest Payment Notice.

  • Within thirty (30) days following any such disbursement of the Holdback Amount, the Company shall deposit an additional amount equal to the Holdback Amount with the Escrow Agent to be retained and disbursed upon delivery of a future Interest Payment Notice.

  • Each Demand Interest Payment Notice shall include the name of the Holder and the amount of the Demand Interest Payment to be made; provided, however, that any Demand Interest Payment Notice for a single year may be delivered as part of a Demand Principal Payment Notice delivered that same year (each an “Demand Interest Payment Notice”).

  • The Company shall certify to the Collateral Agent upon the Company’s delivery of the Interest Payment Notice and the Redemption Release Notice that the amounts set forth as payable to each Holder therein do not exceed the portion of the Maximum Credit available to any such Holder under this Section 4(c)(iii).


More Definitions of Interest Payment Notice

Interest Payment Notice has the meaning ascribed thereto in Section 2.2.11.2. "Maturity Date" means May 3, 2021.
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Interest Payment Notice is defined in Section 3.3(b).
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Interest Payment Notice means the notice to the Agent substantially in the form set out in Schedule 10 (Form of Interest Payment Notice) to this Agreement.
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Interest Payment Notice means written notice delivered to the Holders, with a copy to the Trustee, notifying them that the Company has elected to defer the payment of an interest payment pursuant to a Deferral Election. 15
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Related to Interest Payment Notice

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • Interest Payment has the meaning set forth in Section 4.02.

  • Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

  • Interest Payment Dates shall have the meaning set forth in paragraph 1 of each Note.

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • Interest Payments With respect to any Purchased Asset, all payments of interest, income, receipts, dividends, and any other collections and distributions received from time to time in connection with any such Purchased Asset.

  • Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.

  • Fixed Rate Interest Payment Date has the meaning provided in Section 3.02(e)(i).

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • Compulsory Interest Payment Date means any Interest Payment Date unless at the Assemblée Générale of the shareholders of the Issuer immediately preceding such date which was required to approve the annual accounts of the Issuer for the fiscal year ended immediately prior to such Assemblée Générale, no resolution was passed to pay a dividend on the ordinary share capital of the Issuer in respect of such previous fiscal year and

  • Compensating Interest Payment As defined in Section 6.06.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Compensating Interest Payments Any payment required to be made by the Master Servicer pursuant to Section 3.13 of this Agreement to cover Prepayment Interest Shortfalls.

  • Interest Payable means in respect of the relevant Measurement Period ending on any Measurement Date, the aggregate of:

  • Repayment Price means, when used with respect to any Security to be repaid at the option of the Holder, the price at which it is to be repaid by or pursuant to this Indenture.

  • Payment Date means the first day of each calendar month.