Scheduled Interest Payment definition

Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

Scheduled Interest Payment means any payment of interest in respect of the relevant Securities, when such payment falls due and payable under the terms of such Securities, provided that Scheduled Interest Payments shall not include payments of interest amounts that were explicitly stated to be unrated by the relevant rating agency at the date the Securities were issued.

Scheduled Interest Payment means, with respect to any Receivable, that portion of the regularly scheduled payment required to be paid in accordance with the terms and conditions of such Receivable as in effect on the applicable Cut-off Date that is allocable to interest.

Examples of Scheduled Interest Payment in a sentence

• Scheduled Interest Payment Date means each date specified under the heading "Scheduled Interest Payment Date" in the table in the definition of Interest Payment Date.

• The interest so payable, and punctually paid or duly provided for, on any Scheduled Interest Payment Date shall be paid, in accordance with the terms of the Fiscal Agency Agreement hereinafter referred to, to the person (the “registered holder”) in whose name this Note (or one or more predecessor Notes) is registered at the close of business on May 20 (whether or not a Business Day, as defined herein), as the case may be (each, a “Regular Record Date”), next preceding such Scheduled Interest Payment Date.

• For an Interest Period that ends on a day on which a Note is Converted or repaid and which is not a Scheduled Interest Payment Date, the amount of interest will be adjusted to reflect the actual number of days in the relevant Interest Period.The Floating Rate applies to Interest Periods ending after the First Optional Redemption Date.

• Interest deferralInterest Deferral ConditionIAG may in its absolute discretion defer the payment of interest on the Notes on a Scheduled Interest Payment Date if an Interest Deferral Condition exists.

• The amendments to the ICMA Primary Market Handbook are attached to this circular.

More Definitions of Scheduled Interest Payment

Scheduled Interest Payment on any Actuarial Receivable means, for any Collection Period, the sum (i) the Carryover Scheduled Interest Payment, if any, on such Actuarial Receivable for the immediately preceding Collection Period and (ii) that portion of the payment scheduled to be made by the Obligor during the Collection Period immediately following such Collection Period on such Actuarial Receivable that is allocable to interest using the Actuarial Method.

Scheduled Interest Payment means, with respect to any Included Lease in any Monthly Period, the excess of the Scheduled Payment over the Scheduled Principal Payment for such Monthly Period.

Scheduled Interest Payment means a payment of interest due or scheduled to be paid pursuant to the terms of the relevant ABS Reference Obligation or any financial guarantee insurance policy or similar financial guarantee in respect of such ABS Reference Obligation. The Scheduled Interest Payment shall not include any amount properly withheld from a payment in respect of the ABS Reference Obligation or any additional amount required to be paid in respect of the ABS Reference Obligation in each case because of any withholding

Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Payment Date. “Scheduled Principal Payment” shall mean the scheduled payment of principal due on the Mortgage Loan on a Payment Date.

Scheduled Interest Payment means any payment under Clause 2.1(a)(i) in respect of Scheduled Interest which is overdue and unpaid by the Issuer under the Bond Conditions.

Scheduled Interest Payment means interest due on the Bonds on each regularly scheduled interest payment date. While the Bonds are Outstanding under (and as such term is defined in) the Indenture, and notwithstanding anything to the contrary in the Policy, “Bondolders” shall include the Bank and the Administrative Agent (for the benefit of the lenders that are parties to the Letter of Credit Agreement) to the extent an event of Nonpayment has occurred with respect to amounts owed by the Company (as defined in the Supplement) under Section 3.1 of the Letter of Credit Agreement.

Scheduled Interest Payment shall have the meaning ascribed to such term in the Recitals hereof.