Scheduled Interest Payments definition

Scheduled Interest Payments means the payments of interest on the Debentures scheduled to be made on each of October 15, 2008, April 15, 2009, October 15, 2009, April 15, 2010, October 15, 2010 and April 15, 2011.
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Scheduled Interest Payments means, with respect to the Term Assets, the interest scheduled to be paid on the Term Assets, assuming no charge offs, defaults or other reductions thereon on each monthly payment date therefor.
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Scheduled Interest Payments means, at any time, the sum of
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Examples of Scheduled Interest Payments in a sentence

  • Upon payment in full of the Scheduled Interest Payments, the security interest evidenced by this Agreement in any Collateral remaining in the Escrow Account shall automatically terminate and be of no further force and effect.

  • The Company shall ensure that the sum of (a) the principal amount or unit value of Permitted Money Market Securities held in the Escrow Account and (b) any cash held in the Escrow Account (together, the “Account Balance”) is at all times equal to or greater than the sum of all remaining Scheduled Interest Payments in respect of all Debentures then Outstanding (the “Required Balance”).

  • Subject to Section 4(a) hereof, upon payment in full of the Scheduled Interest Payments, the security interest evidenced by this Agreement in any Collateral remaining in the Escrow Account shall automatically terminate and be of no further force and effect and the Escrow Agent shall automatically and without further instruction distribute the remaining Collateral, if any, to the Company.

  • The Scheduled Interest Payments due on the Debentures are to be made from amounts held in the Escrow Account in accordance with the procedures set forth in this Section 4(b); provided, however, that nothing herein shall be construed as limiting the Company’s obligation to make all interest payments due on the Debentures at the times and in the amounts required by the Debentures, which obligation shall be absolute and unconditional.

  • Upon payment in full of the Scheduled Interest Payments or upon payment in full of the Secured Obligations and satisfaction and discharge of the Indenture pursuant to Article 10 of the Supplemental Indenture, (a) this Agreement and (b) the security interest evidenced by this Agreement in any Collateral remaining in the Escrow Account shall automatically terminate and be of no further force and effect.

  • Upon payment in full of the Scheduled Interest Payments or the corresponding Early Conversion Make Whole Amount, as the case may be, the security interest evidenced by this Agreement in any Collateral remaining in the Escrow Account shall automatically terminate and be of no further force and effect.

  • The Scheduled Interest Payments due on the Notes shall be made from amounts held in the Escrow Account in accordance with the procedures set forth in Section 4(b)(ii) below; provided, however, that nothing herein shall be construed as limiting the Company’s obligation to make all interest payments due on the Notes at the times and in the amounts required by the Notes, which obligation shall be absolute and unconditional.

  • Upon payment in full of the Scheduled Interest Payments, the security interest evidenced by this Agreement in any Collateral remaining in the Escrow Account will terminate and be of no further force and effect.

  • The Trustee ------------------------------------------------------ shall, at least five Business Days prior to the Interest Payment Date (as defined in the Indenture) for any of the First Six Scheduled Interest Payments, submit to the Securities Intermediary a completed Payment Notice and Disbursement Request substantially in the form of Exhibit B hereto.

  • The Scheduled Interest Payments due on the Notes may be made (1) from amounts held in the Debt Service Reserve Account in accordance with the procedures set forth in subsection (d)(i) below or (2) from other sources of funds available to the Company or from any combination of (1) and (2) above.


More Definitions of Scheduled Interest Payments

Scheduled Interest Payments with respect to the Term Assets has the meaning set forth in the Indenture.
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Scheduled Interest Payments means the product of (i) the applicable interest rate under the terms of the relevant Obligation and (ii) the outstanding principal amount of the relevant Obligation; provided that the outstanding principal amount of any such Obligation will be adjusted for early payments of principal or writedowns of principal; provided, further that Scheduled Interest Payments do not include payments of interest amounts that are explicitly stated to be unrated by Fitch or S&P at the Relevant Date (or, if the obligation is not rated by Fitch or S&P at the Relevant Date, by Moody’s at the Relevant Date).
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Scheduled Interest Payments has the meaning given such term in Section 2.2(a) of this Agreement.
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Scheduled Interest Payments. Additional Interest [ ] [ ] [ ] [ ] [ ]
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Related to Scheduled Interest Payments

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

  • Interest Payments With respect to any Purchased Asset, all payments of interest, income, receipts, dividends, and any other collections and distributions received from time to time in connection with any such Purchased Asset.

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • Interest Payment Dates July 1, October 1, January 1 and April 1. Record Dates: June 15, September 15, December 15 and March 15. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

  • Interest Payment means, in respect of an interest payment on an Interest Payment Date, the amount of interest payable on the presentation and surrender of the relevant Coupon for the relevant Interest Period in accordance with Condition 4 (Interest Payments);

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • Fixed Rate Interest Payment Date has the meaning set forth in clause (d) of Section 2.01 of this Supplemental Indenture.

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

  • Compensating Interest Payments Any payment required to be made by the Master Servicer pursuant to Section 3.13 of this Agreement to cover Prepayment Interest Shortfalls.

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.

  • Floating Interest Payment Date means February 15, May 15, August 15 and November 15 of each year, beginning February 15, 2026.

  • Compensating Interest Payment As defined in Section 6.06.

  • Floating Rate Interest Payment Date has the meaning provided in Section 2.7(b).

  • LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.

  • Compulsory Interest Payment Date means any Interest Payment Date unless at the Assemblée Générale of the shareholders of the Issuer immediately preceding such date which was required to approve the annual accounts of the Issuer for the fiscal year ended immediately prior to such Assemblée Générale, no resolution was passed to pay a dividend on the ordinary share capital of the Issuer in respect of such previous fiscal year and

  • Interest Payable means, in respect of any period, the aggregate (calculated on a consolidated basis) of:

  • Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Interest Payment Date.

  • Party B Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in December 2004 up to the Termination Date, and the Termination Date.

  • Unpaid Interest Amounts As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • Repayment Dates means, subject to clause 7.3, each of the dates falling at six (6) monthly intervals after the Drawdown Date up to and including the date falling one hundred and forty four (144) months after the Drawdown Date;

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