SAB Payment Date definition

SAB Payment Date. With respect to any Series that includes a Class or Classes of SAB Bonds, any Payment Date on which a payment of principal on the SAB Bonds of such Series is required to be made, the first of such dates being the First SAB Paydown Date.

Related to SAB Payment Date

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

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

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).