Payment Record Date. Each payment made in respect of this Global Certificate will be made to the person shown as the Holder in the Register at the close of business (in the relevant clearing system) on the Clearing System Business Day before the due date for such payment (the "Record Date") where "Clearing System Business Day" means a day on which each clearing system for which this Global Certificate is being held is open for business.
Payment Record Date means (i) with respect to the Maturity Date, 15 Business Days prior to such date and (ii) with respect to an Interest Payment Date, the date determined as the record date for the determination of the Holders to which interest on Debentures is payable on such Interest Payment Date, which date shall be the 15th day of the month in which such Interest Payment Date occurs (or if such day is not a Business Day, the immediately preceding Business Day);
Payment Record Date with respect to any Payment Date, means the fifteenth (15th) day (whether or not such day is a Business Day) immediately preceding the applicable Payment Date.
Examples of Payment Record Date in a sentence
If an Interest Payment Record Date or other record date is a Legal Holiday, the record date shall not be affected.
Interest and Additional Interest, if any, on Securities converted after the close of business on an Interest Payment Record Date but prior to the corresponding Interest Payment Date shall be paid, on such Interest Payment Date, to the Holder of the Securities as of the close of business on the Interest Payment Record Date but, upon conversion, the converting Holder must pay the Company an amount equal to the interest that shall be payable on such Interest Payment Date.
The number of shares of Common Stock to be issued on any Dividend Payment Date shall be determined by dividing the amount of the dividend to be paid by the Fair Value of the Common Stock as of the Dividend Payment Record Date.
If an Interest Payment Record Date is a Legal Holiday, the record date shall not be affected.
Interest payable will be paid to the Holder in whose name the Debentures are registered as of the close of business on the Interest Payment Record Date which corresponds to the Interest Payment Date in question.
More Definitions of Payment Record Date
Payment Record Date. Each payment in respect of a Global Registered Security will be made to the person shown as the holder in the Register at the close of business (in the relevant clearing system) on the Clearing System Business Day before the due date for such payment (the "Record Date") where "Clearing System Business Day" means a day on which each relevant Clearing System for which the Global Registered Security is being held is open for business. Notices: Notwithstanding Condition 24 (Notices) of the "Terms and Conditions of the Certificates", while all the Registered Securities are represented by a Global Registered Security and the Global Registered Security is deposited with a Clearing System, notices to Accountholders may be given by delivery of the relevant notice to the Relevant Clearing System and, in any case, such notices shall be deemed to have been given to the Accountholders in accordance with Condition 24 (Notices) of the "Terms and Conditions of the Certificates", as applicable, on the date of delivery to the Relevant Clearing System.
Payment Record Date means (i) in respect of the First Period, the final day of the First Period; (ii) in respect of the Second Period, the final day of the Second Period; and (iii) in respect of the obligation to pay the Contingent Production Payment, the date upon which First Gold Pour occurs;
Payment Record Date. Each payment in respect of a Global Registered Security will be made to the person shown as the holder in the Register at the close of business (in the relevant clearing system) on the Clearing System Business Day before the due date for such payment (the "Record Date") where "Clearing System Business Day" means a day on which each relevant Clearing System for which the Global Registered Security is being held is open for business.
Payment Record Date has the meaning given in Condition 8(c) (Payments – Payment Record Date);
Payment Record Date means the fifth day before the due date for the relevant payment. The Notes on issue will be represented by a global Note (the “Global Note”) registered in the name of a common depositary for Euroclear Bank SA/NV (“Euroclear”) and/or Clearstream Banking, société anonyme (“Clearstream, Luxembourg”).
Payment Record Date means: (i) with respect to the Maturity Date, 15 Business Days prior to such date and (ii) with respect to an Interest Payment Date, the date determined as the record date for the determination of the Holders to which interest on Debentures is payable on such Interest Payment Date, which date shall be the 15th day of the month in which such Interest Payment Date occurs (or if such day is not a Business Day, the immediately preceding Business Day); “Person” means any natural Person, corporation, firm, partnership, joint venture, trustee, executor, liquidator of a succession, administrator, legal representative or other unincorporated association, trust, unincorporated organization, government or Governmental Authority and pronouns relating thereto have a similar extended meaning; “Proceeding” means any suit, action or other judicial or administrative proceeding; “Purchased Common Shares” has the meaning ascribed thereto in Section 4.6(f); “Recognized Stock Exchange” means the CSE or, if the Common Shares are not listed on the CSE, any other national securities exchange or market on which the Common Shares are then listed and posted for trading; “Regulation S” means Regulation S adopted by the United States Securities and Exchange Commission under the U.S. Securities Act; “Repayment Offer” has the meaning ascribed thereto in Section 3.1(a)(i); “Responsible Officer of the Corporation” means the Chairman, the Chief Executive Officer, the President, the Chief Financial Officer, any Vice-President, the Secretary, any Assistant Secretary, or any other officer of the Corporation customarily performing functions similar to those performed by any of the above designated officers; “Spinoff Securities” has the meaning ascribed thereto in Section 4.6(e); “Spinoff Valuation Period” has the meaning ascribed thereto in Section 4.6(e); “Stock” means all shares, options, warrants, general or limited partnership interests, membership interests or other equivalents (regardless of how designated) of or in a corporation, partnership, limited liability company or equivalent entity whether voting or non-voting, participating or non-participating, including common stock, preferred stock or any other equity security;