Payment Record Date definition

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.

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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.

• If an Interest Payment Record Date is a Legal Holiday, the record date shall not be affected.

• Notwithstanding the foregoing, but subject to the proviso in the first sentence of Section 4(a)(iii), the Base Amount Accrued Dividends may be declared and paid in cash or in shares of Preferred Stock at any time to Holders of record on the Dividend Payment Record Date therefor.

• Notwithstanding the forgoing, the Base Amount Accrued Dividends may be declared and paid in cash or in shares of Series B Preferred Stock at any time to Holders of record on the Dividend Payment Record Date therefor.

More Definitions of Payment Record Date

Payment Record Date means Record Date for Interest Payment and/or Record Date for Nominal Amount Repayment.

Payment Record Date means the Record Date for an Interest Payment and/or the Record Date for a Nominal Amount Repayment.

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. 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 has the meaning given in Condition 8(c) (Payments – 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 21 (Notices) of the "Terms and Conditions of the Certificates", while all the Certificates 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 21 (Notices) of the "Terms and Conditions of the Certificates", as applicable, on the date of delivery to the Relevant Clearing System. Renominalisation: If the Certificates with a nominal amount are renominalised pursuant to Condition 16.2 (Effects of European Economic and Monetary Union) of the "Terms and Conditions of the Certificates" then following Renominalisation:

Payment Record Date means the Business Day immediately prior to such Payment Date.