Semiannual Payment Date definition

Semiannual Payment Date means, with respect to any Bank Loan, (i) the date which is 180 days following the Drawing relating to such Bank Loan and (ii) the corresponding date in every sixth month thereafter occurring prior to the Maturity Date and on the Maturity Date with respect to such Bank Loan.
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Semiannual Payment Date means June 30 and December 31 of each year.
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Semiannual Payment Date means May 15 and November 15 of each year or, if any such day is not a Business Day, the next succeeding Business Day, commencing May 15, 1997.
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Examples of Semiannual Payment Date in a sentence

  • On any Semi-annual Payment Date, the sum of the Semi-annual Incentive Management Fee and the Long-term Incentive Management Fee.

  • D3 Semi-annual Incentive Management Fee: A fee computed for each Semi-annual Payment Date in an amount equal to the product of 10% and the Excess Semi-annual Return Amount.

  • A dividend shall not be payable, but shall accumulate (even if undeclared), to the extent that it would exceed the Corporation's cash flow from operations, as determined in good faith by the Board of Directors, for the six-month period ending immediately before the Semiannual Payment Date.

  • The Required Trailing Twelve Month Cash Flow set forth on Exhibit J for each future Semiannual Payment Date shall be reduced by an amount equal to the future net revenue attributable to the Scheduled Capital Operation that triggered the need for an adjustment pursuant to Section 2.17 (the "Subject Operation"), as such future net revenue is set forth on the economic evaluation for such operation included as a part of this Attachment 1.

  • The Lease Trustee shall send to each Subordinated Noteholder on each Payment Date and to each Lease Trust Certificateholder on each Semiannual Payment Date a report (a "Lease Trust Distribution Statement") based on information supplied by the Administrative Agent.

  • D2 Incentive Management Fee: On any Payment Date that is not also a Semi-annual Payment Date, zero.

  • Notwithstanding anything herein to the contrary, with respect to the Semiannual Payment Date occurring on December 31, 2000, the twelve month period referenced in the first sentence of this Section A shall be the period ending on December 31, 2000 and not two months prior to such date.

  • Borrower will give the Lender at least five Business Days' prior notice of the aggregate principal amount to be prepaid on the Loan on each Semiannual Payment Date pursuant to this paragraph.

  • Interest on the Senior Notes is -------------------------- payable by the Issuer semi-annually on each February 15 and August 15, commencing February 15, 1998 (each, a "Semi-annual Payment Date").

  • If with respect to any Mandatory Capital Expense, Borrower allows a Lease to lapse and Borrower does not spend the entire amount referenced on Exhibit S, then with respect to the first Semiannual Payment Date following the lapse of such Lease the required Trailing Twelve Month Cash Flow for such Semiannual Payment Date shall be increased by the amount of the unused funds.


More Definitions of Semiannual Payment Date

Semiannual Payment Date means each ____ 15 and ___ 15 commencing _____ 15, 1997.
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Semiannual Payment Date means each April 1 and October 1.
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Related to Semiannual Payment Date

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

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

  • Payment Date means the first day of each calendar month.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

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

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) 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 Payment Date means each Distribution Date with respect to the Early Amortization Period.

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

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • 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.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • 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).

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

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

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.