Loan Interest Payment Date definition

Loan Interest Payment Date has the meaning given to it in Section 6.1 of the Intercompany Loan Agreement;

Loan Interest Payment Date means, in respect of any Term Advance, each Interest Payment Date in respect of the corresponding Series or Tranche of Covered Bonds that funded such Term Advance or such other payment date as is specified in the relevant Term Advance Notice;

Loan Interest Payment Date refers to the last day of the Loan Interest Period.

Examples of Loan Interest Payment Date in a sentence

• Interest Payment Date (s):Up to 10 Business Days after the corresponding Loan Interest Payment Date (1.2.20.) and subject to the actual receipt by the Issuer of the relevant payment in relation to the Loan from the Lending Company1.1.13.Redemption Date (s):Up to 10 Business Days after the corresponding Loan Repayment Date (1.2.20.) and subject to the actual receipt by the Issuer of the relevant payment in relation to the Loan from the Lending Company1.1.14.

• The Interest payable on any Interest Payment Date in respect of each Note is as follows: Loan Interest Rate X Series Specific Loan Principal Amount Outstanding X Day Count Where:Series Specific Loan Principal Amount Outstanding, is the principal amount of the SeriesSpecific Loans which is scheduled to be outstanding (even if the principal amount is redeemed later) on the day immediately before the Loan Interest Payment Date which is immediately before the Interest Payment Date.

• The Interest payable on any Interest Payment Date in respect of each Note is as follows: Loan Interest Rate X Series Specific Loan Principal Amount Outstanding X Day Count Where:Series Specific Loan Principal Amount Outstanding, is the principal amount of the Series Specific Loans which is scheduled to be outstanding (even if the principal amount is redeemed later) on the day immediately before the Loan Interest Payment Date which is immediately before the Interest Payment Date.

• Interest Payment Date (s):Up to 10 Business Days after the corresponding Loan Interest Payment Date (1.2.24.) and subject to the actual receipt by the Issuer of the relevant payment in relation to the Loan from the Lending Company1.1.13.Redemption Date (s):Up to 10 Business Days after the corresponding Loan Repayment Date (1.2.24.) and subject to the actual receipt by the Issuer of the relevant payment in relation to the Loan from the Lending Company1.1.14.

• The Interest payable on any Interest Payment Date in respect of each Note is as follows: Rate X Series Specific Loan Principal Amount Outstanding X Day CountWhere: Series Specific Loan Principal Amount Outstanding, is the principal amount of the Series Specific Loans which is scheduled to be outstanding (even if the principal amount is redeemed later) on the day immediately before the Loan Interest Payment Date which is immediately before the Interest Payment Date.

More Definitions of Loan Interest Payment Date

Loan Interest Payment Date means 26 February and 26 August in each year (provided that the first Loan Interest Payment Date will fall on 26 August 2013). If a Loan Interest Payment Date would otherwise fall on a day which is not a Business Day, that Loan Interest Payment Date will instead occur on the immediately preceding Business Day.In the context of a Borrower Loan, each "Loan Interest Period" will be aligned with the corresponding interest period applicable to the Notes, as described in Condition 6.Repayment Subject to the circumstances in which the Borrower Loan may be prepaid (as described under "Prepayment" below), the Borrowers will be required to repay the Borrower Loan on each Loan Interest Payment Date by instalments, in an amount equal to the applicable scheduled amortisation amount for the Notes determined in accordance with Condition 8(b)(i). The final such scheduled instalment will fall due on the Loan Interest Payment Date falling in August 2034 (the "Repayment Date"). No Borrower may re-borrow any amount which is repaid.Prepayment Mandatory prepayment In the event that it becomes unlawful for the Issuer to perform any of its obligations under the Borrower Loan Agreement or unlawful for the Issuer to fund or maintain its participation in the Borrower Loan, the Borrowers will be required to repay the Borrower Loan.Any such prepayment will be in an amount equal to the then outstanding principal amount of the Borrower Loan, together with accrued and unpaid interest thereon up to but excluding the date of prepayment.Voluntary prepayment – taxation or indexation events The Borrower Agent has the option, upon notice to the Issuer, the Controlling Party and the Facility Agent, to prepay the Borrower Loan on any Loan Interest Payment Date if:

Loan Interest Payment Date means 15 January, 15 April, 15 July and 15 October in each year, with the first Loan Interest Payment Date being in January 2005. If, however, any such day is not a Business Day, the Loan Interest Payment Date will instead be the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).

Loan Interest Payment Date means 18 May, 18 August, 18 November and 19 February in each year and the Termination Date, with the first Loan Interest Payment Date being 20 May 2018. If, however, any such day is not a Business Day, the Loan Interest Payment Date will instead be the next Business Day in that calendar month (if there is one) or the preceding Business Day (if there is not).

Loan Interest Payment Date means April 1 and October 1 of each year, beginning October 1, 2015, and continuing thereafter so long as any Bonds remain Outstanding.

Loan Interest Payment Date means an Interest Payment Date applicable to relevant Corresponding Debt as notified by the IBLA Creditor to the Borrower from time to time;

Loan Interest Payment Date means any date on which interest or other -------------------------- amounts referred to in the definition of the term "Loan Accrued Interest Amount" are scheduled to be payable in accordance with the Credit Agreement.

Loan Interest Payment Date means, in relation to the Whole Loan, 15 February, May, August and November in each year occurring up to (and including) the Final Repayment Date (or, if any such day is not a Business Day, the next following Business Day unless such Business Day falls in the next following calendar month, in which event, the immediately preceding Business Day).