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, March 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 April 1, 2024, and terminating upon the full redemption of this Note.

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

Examples of Monthly Interest Payment Date in a sentence

• Interest accrued on the Bonds (or the applicable portion of the Bonds if the Bonds then bear interest at a Flexible Term Rate) shall be paid on each Interest Payment Date (or, if such day is not a Business Day, the immediately succeeding Business Day) commencing on the earlier of the first Monthly Interest Payment Date following the Issue Date or the first Conversion Date.

• If there is a Monthly Interest Payment Date that falls on a day other than a Business Day, then the Monthly Interest Payment Date falls on the previous Business Day.2) The quarterly interest payment dates are determined on a Point to Point basis up to and including the Due Date or the date the relevant debt is paid in full, unconditionally and irrevocably (“Quarterly Interest Payment Date”).

• Interest accrued on the Bonds (or the applicable portion of the Bonds if the Bonds then bear interest at a Flexible Term Rate) shall be paid on each Interest Payment Date (or, if such day is not a Business Day, the next succeeding Business Day) commencing on the earlier of the first Monthly Interest Payment Date following the Issue Date or the first Conversion Date.

More Definitions of Monthly Interest Payment Date

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

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 Company with the approval of the Remarketing Agent and the Bank, if any, by notice to the Issuer, the Bank and the Trustee.

Monthly Interest Payment Date means the 9th day of each calendar month or, if such day is not a Business Day, the next succeeding Business Day.

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

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 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.

Monthly Interest Payment Date means the first (1st) Business Day of each calendar