Preferred Payment Date definition

Preferred Payment Date means each of March 31, June 30, September 30 and December 31 of each year (or if any of the foregoing dates is on a day that is not a Business Day, the next Business Day immediately following such date).
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Preferred Payment Date means the fifteenth (15th) day of each calendar month or, if such day is not a Business Day, the immediately preceding Business Day.
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Preferred Payment Date shall have the meaning set forth in Section 7.6(c)(ii).
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Examples of Preferred Payment Date in a sentence

  • On the Series A PIK Preferred Payment Date, the Partnership shall issue to such Series A Unitholder a Certificate or Certificates for the number of Series A PIK Preferred Units to which such Series A Unitholder shall be entitled.

  • On each applicable Series B PIK Preferred Payment Date, the Partnership shall issue to such Series B Unitholder a Certificate or Certificates for the number of Series B PIK Preferred Units to which such Series B Unitholder shall be entitled on such Series B PIK Preferred Payment Date.

  • On the Series C PIK Preferred Payment Date, the Partnership shall issue to such Series C Unitholder a Certificate or Certificates for the number of Series C PIK Preferred Units to which such Series C Unitholder shall be entitled.

  • If the customer fails to pay by the Preferred Payment Date more than one time in a six-month period, the arrangement may be cancelled and the original due date reestablished.

  • On the Series E PIK Preferred Payment Date, the Partnership shall issue to such Series E Unitholder a Certificate or Certificates for the number of Series E PIK Preferred Units to which such Series E Unitholder shall be entitled.

  • In addition to the foregoing, the Partnership may make cash Distributions with respect to any Unpaid Amounts on a date other than a Preferred Payment Date, as determined by the General Partner.

  • At least two (2) Business Days prior to any applicable Preferred Payment Date, the Partnership shall notify the Preferred Partners in writing as to whether the Partnership has elected to pay the Distribution contemplated by this Section 4.1(b) in respect of the applicable Fiscal Quarter in cash on such Preferred Payment Date or has elected instead to defer payment of such Distribution and have the accrued but unpaid amount of such Distribution added to the Unpaid Amounts.

  • Preferred Payment Date: 5th 15th (Continued)Applicant’s Information Sheet The following section relates to your planned use for funds from this loan request.

  • Contact your financial institution for the correct account and routing numbers.3. Your first premium will be withdrawn 3 days after your application is approved by Underwriting unless a Preferred Payment Date has been requested.

  • Except as set forth in Section 7.6(c)(iv), a Preferred Mandatory Payment is payable out of positive Cash Earnings for the semi-annual period preceding the relevant Preferred Payment Date (the "Cash Earnings Limitation"), but any unpaid amount shall be considered an "Amount Past Due" in accordance with clause (B) of the preceding sentence and shall be due and payable on the next Preferred Payment Date (subject to the Cash Earnings Limitation for such date).

Related to Preferred Payment Date

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Class B Final Scheduled Payment Date means the December 15, 2025 Payment Date.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2028.

  • Class E Final Scheduled Payment Date means the Payment Date occurring in June 2023.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.

  • Class A-4 Final Scheduled Payment Date means the October 2026 Payment Date.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.

  • Redemption Payment Date As defined in Section 13.1.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Nominal Liquidation Amount Deficit means, for any tranche of notes, the Adjusted Outstanding Dollar Principal Amount minus the nominal liquidation amount of that tranche.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Required Payment shall have the meaning assigned such term in Section 4.04.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • Deferred payment agreement means an agreement in which no installment payments are required

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.60% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Initial Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Specified Payment means any Permitted Acquisition, Investment, loan, advance, incurrence of or payment with respect to Indebtedness or other transaction made subject to satisfaction of the Payment Conditions or any component thereof.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.