Monthly Calculation Date definition

Monthly Calculation Date means the twenty-fifth day of each calendar month (or, in the event such twenty-fifth day is not a Business Day, the next succeeding Business Day).
Monthly Calculation Date means the 25th day of each calendar month or, if such 25th day is not a Business Day, the next succeeding Business Day.
Monthly Calculation Date means the last day of each calendar month.

Examples of Monthly Calculation Date in a sentence

  • There is no budget properly dedicated to DRR in line ministries and at Regional level.

  • Any increase in the selected face amount will become effective on the Monthly Calculation Date which is on, or next follows, the later of: (1) the date 15 days after a written request for such change has been received and approved by us; or (2) the requested effective date of the change.

  • Rather, if on a Monthly Calculation Date, the Account Value less any Policy Debt is insufficient to cover the Monthly Deduction, the Policy enters a grace period.

  • The withdrawal is deducted from the Policy’s account value on the Valuation Date applicable to the Monthly Calculation Date on which the withdrawal is made.

  • On each Monthly Calculation Date, the Calculation Agent shall calculate the amount of interest funds available to the Issuer in the Transaction Account to be applied on the immediately succeeding Monthly Payment Date by reference to the applicable Monthly Collection Period.


More Definitions of Monthly Calculation Date

Monthly Calculation Date has the meaning set forth in Section 8.1(iii) hereof.
Monthly Calculation Date means the date fifteen days prior to any Monthly True-Up Adjustment Date.
Monthly Calculation Date means the last Business Day of each month; Moody’s means Xxxxx’x Investors Service Ltd or any successor to its rating business; Register has the meaning given to it in the Icelandic Covered Bond Act; Relevant Reference Currency Swap Agreement means, in relation to a Series of Covered Bonds which are denominated in a currency other than ISK, an agreement in the form of an ISDA 2002 Master Agreement including the Schedule and Credit Support Annex thereto, together with the relevant form of currency swap confirmation for a Currency Swap, in each case in the form annexed to the applicable Series Deed of Covenant;
Monthly Calculation Date means the second Business Day preceding a Monthly Settlement Date;
Monthly Calculation Date means the third (3rd) Business Day after the Month End Date.
Monthly Calculation Date means the 25th day of each calendar month (or, in the event such 25th day is not a Business Day, the next succeeding Business Day).
Monthly Calculation Date means (i) with respect to a Series of Notes, the “Monthly Calculation Date” set forth in the related Supplemental Indenture, and (ii) with respect to the Series 2007-1 Notes, the 25th day of each calendar month (or, in the event such 25th day is not a Business Day, the next succeeding Business Day), commencing October 25, 2007.