Semi-Annual Dates definition

Semi-Annual Dates means June 30 and December 31.
Semi-Annual Dates means the last day of each of August and February; provided, that if a payment is required to be made on a Semi-Annual Date and such last day is not a Business Day, then such payment shall be made in accordance with the Modified Business Day Convention.
Semi-Annual Dates means (a) prior to the Term Conversion Date, the date which is six months following the Closing Date and each six-month anniversary thereof and (b) following the Term Conversion Date, each Principal Payment Date; provided, that if any such day is not a Business Day, then such Semi-Annual Date shall be the next preceding Business Day.

Examples of Semi-Annual Dates in a sentence

  • Accrued interest on each Loan shall be payable semiannually on the Semi-Annual Dates, or upon the payment or prepayment thereof (but accrued only on the principal amount so paid or prepaid); provided, further, that interest payable at the Post-Default Rate shall be payable from time to time on demand.


More Definitions of Semi-Annual Dates

Semi-Annual Dates means (a) prior to the Term Conversion Date, the date which is six months following the Original Closing Date and the earlier of each six- month anniversary thereof and the Effective Date, and, following the Effective Date, the date which is six months following the Effective Date and each six-month anniversary thereof and (b) following the Term Conversion Date, each Principal Payment Date; provided, that if any such day is not a Business Day, then such Semi-Annual Date shall be the immediately preceding Business Day.
Semi-Annual Dates means the dates in each calendar year corresponding to the Weighted Average Date and the date falling six months thereafter. For example, if the Weighted Average Date is March 1, the Semi-Annual Dates would be March 1 and September 1 of each year, including the year in which the first Advance is made;
Semi-Annual Dates means (a) prior to the Term Conversion Date, the date which is six months following the Original Closing Date and the earlier of each six-month anniversary thereof and the Effective Date, and, following the Effective Date, the date which is six months following the Effective Date and each six-month anniversary thereof and (b) following the Term Conversion Date, each Principal Payment Date; provided, that if any such day is not a Business Day, then such Semi-Annual Date shall be the immediately preceding Business Day.

Related to Semi-Annual Dates

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Payment Dates means, with respect to any Receivable, the date a payment is due in accordance with the Receivable Agreement with respect to such Receivable as in effect as of the date of determination.

  • Average Annual Compensation shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Average annual rainfall means a typical calendar year of precipitation as determined by the Wisconsin Department of Natural Resources for users of models such as WinSLAMM, P8 or equivalent methodology. The average annual rainfall is chosen from a department publication for the location closest to the municipality.