Scheduled Interest Payment Date definition

Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.
Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance, (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.
Scheduled Interest Payment Date means each January 1 and July 1; provided, however, that if such date is not a Business Day, such payment date shall automatically be deemed extended to the next Business Day.

Examples of Scheduled Interest Payment Date in a sentence

  • If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Date.

  • On each such Scheduled Interest Payment Date, the Loan Property Cost and Construction Loan Property Cost shall be increased by the amount of interest added to the Loans.

  • They were also given assistance in building their résumés, which was helpful because they were able to include information they would not have otherwise thought of on their own.▪ The program provides life skills training.

  • Upon the written consent of the Holder, the Interest may be paid by the Company in Ordinary Shares on the Scheduled Interest Payment Date at the Applicable Conversion Price.

  • 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.


More Definitions of Scheduled Interest Payment Date

Scheduled Interest Payment Date means, with respect to any tranche of Notes, the scheduled due date of any payment of interest on such Notes, as specified in the applicable terms document, without regard to whether or not such day is a Business Day.
Scheduled Interest Payment Date means each July 1 and January 1 following the Issue Date.
Scheduled Interest Payment Date means each Interest Payment Date, without giving effect to the proviso to the definition of Interest Payment Date.
Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Lessor Advance, the first day of each calendar month, unless such day is not a Business Day and in such case on the immediately preceding Business Day, (b) as to any ABR Loan or any ABR Lessor Advance, the first day of each calendar month, unless such day is not a Business Day and in such case on the immediately preceding Business Day and (c) as to all Loans and Lessor Advance, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.
Scheduled Interest Payment Date means each March 15th and September 15th of each calendar year while this Note is outstanding, commencing on September 15, 2021.
Scheduled Interest Payment Date means, with respect to each Loan, each Distribution Date hereafter.
Scheduled Interest Payment Date means (a) as to any Eurodollar Loan (or Eurodollar Holder Funding), the last day of the Interest Period applicable to such Eurodollar Loan (or Holder Funding), and if such Interest Period is for more than three months, at intervals of three months after the first day of such Interest Period and (b) as to any Base Rate Loan (or Base Rate Holder Funding), the first day of each calendar quarter, and the date of conversion of such Loan to a Eurodollar Loan (or conversion of such Holder Funding to a Eurodollar Holder Funding), and (c) as to any Loan (or Holder Funding), the Maturity Date.