Launching Instalment Payment Date definition

Launching Instalment Payment Date means in respect of each Vessel the date provided in Article III Clause 4 paragraph (d) of the relevant Shipbuilding Contract;
Launching Instalment Payment Date means, in respect of (i) the Existing Ship, the date provided in Clause 2(e) of Article X of the Existing Contract and(ii) an Additional Ship or a Substitute Ship, the date on which payment of the Launching Instalment of such Ship is required to be made in accordance with the terms of the relevant Contract,or, in each case, such other time as specified in the relevant Contract and approved by the Lender;
Launching Instalment Payment Date means, in respect of (i) each Existing Ship, the date provided in Clause 2(d) of Article X of the relevant Existing Contract and (ii) an Additional Ship or a Substitute Ship, the date on which payment of the Launching Instalment of such Ship is required to be made in accordance with the terms of the relevant Contract, or, in each case, such other time as specified in the relevant Contract and approved by the Lender;

More Definitions of Launching Instalment Payment Date

Launching Instalment Payment Date means in respect of each Vessel the date provided in Article III Clause 4 paragraph (d) of the relevant Shipbuilding Contract; “L/C Bank” means HSH NORDBANK AG, in its capacity as issuing bank under the L/C Facility Agreement, or any successor of it in such capacity;

Related to Launching Instalment Payment Date

  • Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Final Repayment Date means the date falling on the earlier of (i) the date falling on the sixth anniversary of the Drawdown Date and (ii) 30 November 2023.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

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

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Instalment means with respect to each Mortgage Loan Agreement, each instalment due from the relevant Debtor thereunder and which consists of an Interest Instalment and a Principal Instalment.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Installment Date as defined in Section 2.12.

  • Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note.