Monthly Interest Payment Date definition

Monthly Interest Payment Date has the meaning set forth in Section 2.1(e).

Monthly Interest Payment Date means (i) with respect to the first (1st) Monthly Interest Payment, February 1, 2024, and (ii) with respect to all Monthly Interest Payments subsequent to the first Monthly Interest Payment, the first (1st) of each month commencing on March 1, 2024, and terminating upon the full redemption of this Note.

Monthly Interest Payment Date shall have the meaning set forth in Section 2 (f).”

Examples of Monthly Interest Payment Date in a sentence

• The entire principal amount of the CENts outstanding shall be due and payable on any Monthly Interest Payment Date in the event the Company does not deliver an Officers’ Certificate to the Trustee on or prior to the 10th Business Day immediately preceding such Monthly Interest Payment Date.

• The Seller shall, on each Monthly Interest Payment Date, remit all Income with respect to the related Due Period then on deposit in the Collection Account to the Funding Account.

• If the Company raises less than $5 million of proceeds from the sale of Qualifying Capital Securities during the relevant 180-day or 30-day period, the Company will not be required to repay any JSNs on the Scheduled Maturity Date or the next Monthly Interest Payment Date, as applicable, but will use those net proceeds to repay the JSNs on the next Monthly Interest Payment Date as of which the Company has raised at least $5 million of net proceeds.

• In the event of a prepayment in whole made on other than a Monthly Interest Payment Date, prepayments shall be accompanied by accrued Monthly Interest based on a 30 day month and assuming a Monthly Interest Payment Date of the 15th day of the month.

• The Non-Use Fee shall accrue from the Closing Date until the Revolving Loan Maturity Date or earlier termination of the Commitments and shall be calculated and payable monthly in arrears on each Monthly Interest Payment Date to and including the Revolving Loan Maturity Date or such earlier termination of the Commitments.

More Definitions of Monthly Interest Payment Date

Monthly Interest Payment Date shall have the meaning specified in Section 2.4.

Monthly Interest Payment Date means, the 10th day (or if such day is not a Business Day, the immediately succeeding Business Day) of any month, commencing November 12, 2007.

Monthly Interest Payment Date means the first Business Day of each calendar month. “Moody’s” means Moody’s Investors Service, Inc., a corporation organized and existingunder the laws of the State of Delaware, its successors and assigns and, if such corporation shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, “Moody’s” shall be deemed to refer to any other nationally recognized securities rating agency designated by the Borrower with the approval of the Remarketing Agent, if any, and the Purchaser, if any, by notice to the Issuer and the Trustee.

Monthly Interest Payment Date shall be added, in alphabetical order, to Section 1 of each of the Debentures, and have the following meaning:

Monthly Interest Payment Date means the first day of each calendar month.

Monthly Interest Payment Date means the first Business Day of each calendar month commencing August 1, 2007.

Monthly Interest Payment Date means the first Business Day of each calendar month, commencing, in the case of the Series 2023 Bonds, on October 2, 2023 and in the case of the Series 2024 Bonds, on February 1, 2024.