Relevant Calculation Date definition

Relevant Calculation Date has the meaning set forth in Section 3.4(a) of the Indenture.
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Relevant Calculation Date means the last day of each financial year and the last day of each financial half-year of the Guarantor.
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Relevant Calculation Date means the date which is two Business Days prior to the delivery of the date on which the Parent Borrower gives notice of prepayment to the Facility Agent.Default interestThe Borrower Loan Agreement will provide that, if the Borrowers fail to pay any amount payable by it under a Transaction Document on its due date, interest will accrue on the overdue amount from the due date up to the date of actual payment at a rate which is 1.25 per cent. higher than the rate which would have been payable if the overdue amount had, during the period of non- payment, constituted a Loan.Indexation Application of the Index Ratio Each amount of interest and principal payable by the Borrowers in respect of Borrower Loan will be multiplied by the Index Ratio applicable to the Loan Interest Payment Date on which such payment falls to be made (or, in the case of a prepayment in the circumstances described in paragraph (c) under "Prepayment - Voluntary prepayment – taxation or indexation events" above, applicable to the last Loan Interest Payment Date before the circumstances giving rise to such prepayment arose) and rounded to the nearest one hundred thousandth of a percentage point (with halves being rounded up).For these purposes:
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Examples of Relevant Calculation Date in a sentence

  • On each Payment Date, the Trustee shall transfer from any Account (other than the Collection Account) to the Collection Account the amount of interest and earnings (net of losses and investment expenses), if any, earned as a result of investments of funds on deposit therein from the day immediately following the Calculation Date that preceded the Relevant Calculation Date and ending on the Relevant Calculation Date.

  • On each Payment Date, the Trustee shall transfer from any Account (other than the Collection Account and the Capital Account) to the Collection Account the amount of interest and earnings (net of losses and investment expenses), if any, earned as a result of investments of funds on deposit therein from the day immediately following the Calculation Date that immediately preceded the Relevant Calculation Date and ending on the Relevant Calculation Date.

  • So long as no Event of Default has occurred and is continuing, on the December 15, 2015 Payment Date, if there is a positive balance in the Interest Reserve Account on the Relevant Calculation Date preceding such Payment Date after giving effect to any withdrawals from the Interest Reserve Account pursuant to Section 3.7(a), then, on such Payment Date, the Trustee shall withdraw from the Interest Reserve Account any such balance, and distribute it to the Equityholder.

  • On each Payment Date, the Trustee shall transfer from any Account (other than the Collection Account and the Capital Account) to the Collection Account the amount of interest and earnings (net of losses and investment expenses), if any, earned as a result of investments of funds on deposit therein from the day immediately following the Calculation Date that preceded the Relevant Calculation Date and ending on the Relevant Calculation Date.

  • The amount of such investment shall be deemed to be added to "EBITDA" and/or "Net Worth" (as applicable) on the Calculation Date on which an Event of Default would have occurred pursuant to clause 22.2.1 but for the operation of this clause (the Relevant Calculation Date).

  • The relevant breach(es) of the Financial Covenants shall be remedied if, after inclusion of the amount of the investment in "EBITDA" and or/ "Net Worth" (as applicable) pursuant to this clause 22.2.2, the Borrower would have complied with the requirements of clause 20 (Financial Covenants) on the Relevant Calculation Date.

  • On each Payment Date, the Trustee shall transfer from any Transaction Account (other than the Collection Account, the Capital Account and the Milestone Payments Reserve Account) to the Collection Account the amount of interest and earnings (net of losses and investment expenses), if any, earned as a result of investments of funds on deposit therein from the day immediately following the Calculation Date that immediately preceded the Relevant Calculation Date and ending on the Relevant Calculation Date.

  • In calculating the level of return on investment achieved or received by any Class C Shareholder by any specific date (the “Relevant Calculation Date”), all distributions declared and made on the Class C Shares after the date hereof up to the Relevant Calculation Date (including cash dividends or repayment on capital whether due to a capital reduction of the Company or otherwise) shall be included.

  • On each Payment Date, the Trustee shall transfer from any Account (other than the Collection Account) to the Collection Account the amount of interest and earnings (net of losses and investment expenses), if any, earned as a result of investments of funds on deposit therein from the day immediately following the Calculation Date that immediately preceded the Relevant Calculation Date and ending on the Relevant Calculation Date.

  • On each Payment Date, the Trustee shall transfer from any Account (other than the CollectionAccount) to the Collection Account the amount of interest and earnings (net of losses and investment expenses), if any, earned as a result of investments of funds on deposit therein from the day immediately following the Calculation Date that preceded the Relevant Calculation Date and ending on the Relevant Calculation Date.


More Definitions of Relevant Calculation Date

Relevant Calculation Date has the meaning set forth in Section 7.2(a) of the Agreement.
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Relevant Calculation Date is defined in clause (a) of Section 3.5.
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Related to Relevant Calculation Date

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Calculation Time means 11:59 p.m. on the calendar day prior to the Closing Date.

  • Computation Date is defined in Section 2.04.

  • Determination Date With respect to any Distribution Date, the 15th day of the month of such Distribution Date or, if such 15th day is not a Business Day, the immediately preceding Business Day.