Regularly Scheduled Payments definition
Regularly Scheduled Payments. The Issuer shall repay the Note in full on August 31, 2015 (the “Maturity Date”), together with all accrued and unpaid interest thereon and all other obligations arising under this Note that are due and payable at such time.
Regularly Scheduled Payments means any payments of the City pursuant to a Derivative Product, which are not Non-Scheduled Payments and are scheduled (at the time such Derivative Product is executed) for payment on Obligation Payment Dates related to interest payment dates for the Series 2016 Obligations and which are intended to be “interest-like” when the interest on the Series 2016 Obligations and such payments are viewed together.
Regularly Scheduled Payments means any payments on a Permitted Swap Agreement scheduled (at the time such Permitted Swap Agreement is executed) for payment on dates related to interest payment dates in respect of the Certificates (or other Debt of the District) and which are intended to be “interest like” when the interest in respect of the Certificates (or other Debt of the District) and such payments are reviewed together.
Examples of Regularly Scheduled Payments in a sentence
Transfers will typically require the following time periods: • Regularly Scheduled Payments: (dividend, interest, dividend distributions and systematic withdrawals) from the Accounts to the FI Account will normally take two (2) days to complete.
More Definitions of Regularly Scheduled Payments
Regularly Scheduled Payments means any payments scheduled (at the time such Derivative Agreement is executed) for payment on dates corresponding to interest payment dates with respect to the related Derivative Indebtedness and which are intended to be “interest-like” when the interest on the related Derivative Indebtedness and such payments are viewed together.
Regularly Scheduled Payments means only the following: (i) if the Maturity Date is extended to a date on or after the Fleet Payment Date, and so long as Borrower has timely delivered the No Default Certificate and has not delivered (and has not been obligated to deliver) an Updated Certificate of Default and Borrower is not in Default immediately before or immediately after giving effect to such payment, the Fleet Payment; and (ii) on each February 28, May 29, August 29 and November 29 (or within any applicable cure period) through and including August 29, 2004, and the first day of each calendar month from and after October 1, 2004 (or within any applicable cure period) during the term of the Fleet Agreement, interest on the Fleet Notes. The parties hereby agree that this clarification regarding what payments of Subordinated Indebtedness pursuant to the Fleet Agreement constitute "regularly scheduled payments" is not intended to modify the rights and obligations of Fleet National Bank (and any of its successors and assigns) or any of the other lenders party to the Fleet Agreement and Borrower, or the rights of the Banks and the Agent, pursuant to or arising out of the Subordinated Indebtedness pursuant to the Fleet Agreement; provided that nothing herein shall be construed to be a consent by the Banks (in their capacity as Banks under this Agreement) and the Agent to any payment of any Subordinated Indebtedness that is prohibited by this Agreement.
Regularly Scheduled Payments means principal and interest payments on any Debt on the maturity or due date or any scheduled mandatory redemption date, but shall not, in any case, include amounts payable as a result of prepayment or other early payment resulting from a default, an early termination event, or any other similar event or contingency. For the avoidance of doubt, voluntary prepayments, other than in those situations described in the prior sentence, and Basic Loan Payments shall be treated as Regularly Scheduled Payments.