Mandatory Deferred Interest definition

Mandatory Deferred Interest means any amounts deferred under § 4(5)(a).
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Mandatory Deferred Interest has the meaning set forth in Section 4.2.
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Mandatory Deferred Interest means all interest deferred pursuant to Section 2.7, as then accrued and unpaid, together with Compounded Interest thereon, if any.
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Examples of Mandatory Deferred Interest in a sentence

  • Subject to Section 3.2(a), any Mandatory Deferred Interest, whether or not a Mandatory Trigger Event continues, must be paid only from the proceeds of the sale of Common Stock in accordance with Section 3.2.

  • Mandatory Deferred Interest on the Debentures may only be satisfied using the Share Settlement Mechanism except upon an Event of Default or upon Stated Maturity (or, if the maturity of the Debentures is extended pursuant to Section 2.2, the Final Maturity), in which case such Mandatory Deferred Interest may be satisfied with cash from any source and without regard to the Share Settlement Mechanism.

  • Mandatory Deferred Interest (or Optional Deferred Interest that has been accrued for five years) on the Debentures may only be satisfied using the Share Settlement Mechanism except on the Stated Maturity (or, if the maturity of the Debentures is extended pursuant to Section 2.2, the Final Maturity), or if an Event of Default has occurred and is continuing, in which case such interest obligation may be satisfied with cash from any source and without regard to the Share Settlement Mechanism.