Subsequent Interest Payment Date definition

Subsequent Interest Payment Date means, following the Reset Effective Date, if the Company elects on the Successful Remarketing Date to make interest payable on a semi-annual basis, each semi-annual interest payment date established by the Company on such Successful Remarketing Date. Otherwise, each reference to “Subsequent Interest Payment Date” means a Quarterly Interest Payment Date.
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Subsequent Interest Payment Date means, following the Reset Date, such semi-annual interest payment dates as may be established by the Company in its discretion.
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Subsequent Interest Payment Date means a Quarterly Interest Payment Date.
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Examples of Subsequent Interest Payment Date in a sentence

  • Following the end of Loan Year 2, Borrower may elect to make quarterly deposits into the Sinking Fund Account on each Subsequent Interest Payment Date.

  • Semi-annual interest payments will include interest accrued from and including the immediately preceding Subsequent Interest Payment Date or, in the case of the first Subsequent Interest Payment Date following the Reset Date, from the Reset Date.

  • Following the end of Loan Year 2, interest on the Loan will be payable quarterly on each Subsequent Interest Payment Date.

  • Accrued and unpaid interest on the Loan will be payable quarterly on the First Interest Payment Date on each Subsequent Interest Payment Date.


More Definitions of Subsequent Interest Payment Date

Subsequent Interest Payment Date means, following the Reset Effective Date, each semi-annual interest payment date established by the Company on the Remarketing Date on which the Debentures of the Fifteenth Series are successfully remarketed.If a Special Event shall occur and be continuing, the Company may, at its option, redeem the Debentures of the Fifteenth Series of this series in whole, but not in part, on any Interest Payment Date prior to the earlier of the Successful Remarketing Date or the Purchase Contract Settlement Date, at a price per security equal to the Redemption Price as set forth in the Indenture.If this Security is not a component of Corporate Units, the Holder of this Security may, on or prior to the second Business Day, but no earlier than the fifth Business Day, immediately preceding the first Remarketing Date of any Three-Day Remarketing Period, elect to have this Security remarketed, by delivering this Security, along with a notice of such election to Deutsche Bank National Trust Company, as Collateral Agent or Custodial Agent, for Remarketing in accordance with the Pledge Agreement dated as of May 1, 2009 among FPL Group, The Bank of New York Mellon and Deutsche Bank Trust Company Americas, as Collateral Agent, Custodial Agent and Securities Intermediary.If there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, the Holders of Securities that are not part of a Corporate Unit may exercise their put right by providing written notice at least two Business Days prior to the Purchase Contract Settlement Date, all as more fully described in the Indenture. The Put Price will be paid to such Holder on the Purchase Contract Settlement Date. The “Put Price” will be equal to the principal amount of the Securities, plus accrued and unpaid interest.In order for the Securities to be so repurchased, the Company must receive, on or prior to 5:00 p.m. New York City time on the second Business Day immediately preceding the Purchase Contract Settlement Date, at the offices of the agency of the Company in The City of New York, the Securities of this series to be repurchased with the form entitled “Option to Elect Repayment” on the reverse of or otherwise accompanying such Securities duly completed. Any such notice received by the CompanyA - 4 shall be irrevocable. All questions as to the validity, eligibility (including time of receipt) and acceptance of the Securities of this series for repayment shall be determined by the Company, whose determin...
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Subsequent Interest Payment Date means, in connection with a successful remarketing, following the Reset Effective Date, May 15 and November 15 of each year.
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Subsequent Interest Payment Date means, following the Reset Date, each semi-annual interest payment date established by the Remarketing Agent in connection with the successful remarketing of the Senior Notes.
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Subsequent Interest Payment Date means, following the Reset Date, each semi-annual interest payment date established by the Remarketing Agent in connection with the successful remarketing of the Senior Notes. If this Senior Note is not a component of a Corporate HiMEDS Unit, the Holder of this Senior Note may, on or prior to 4:00 p.m., New York City time, on the second Business Day immediately preceding the first Remarketing Date, elect to have this Senior Note remarketed in the same manner as Pledged Senior Notes, by delivering this Senior Note, along with a notice of such election to The Bank of New York, as Custodial Agent, for Remarketing in accordance with the Purchase and Pledge Agreement. If there has not been a successful remarketing prior to the Purchase Contract Settlement Date and this Senior Note is not a component of a Corporate HiMEDS Unit, the holder of this Senior Note will have the right to require the Company to purchase this Senior Note, all as more fully described in the Indenture. The Senior Notes are not entitled to the benefit of any sinking fund and will not be subject to defeasance. If an Event of Default with respect to Senior Notes of this series shall occur and be continuing, the principal of the Senior Notes of this series may be declared due and payable in the manner and with the effect provided in the Indenture. The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the rights of the Holders of the Senior Notes at any time by the Company and the Trustee with the consent of the Holders of a majority in principal amount of the Senior Notes at the time Outstanding. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Senior Notes at the time Outstanding, on behalf of the Holders of all Senior Notes, to waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Senior Note shall be conclusive and binding upon such Holder and upon all future Holders of this Senior Note and of any Senior Note issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Senior Note. No reference herein to the Indenture and no provision of this Senior Note or of the Indenture shall alter or imp...
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Related to Subsequent Interest Payment Date

  • 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;

  • 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).

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

  • 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.

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

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

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

  • 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.

  • 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.

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

  • 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.

  • 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.

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

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • 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 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.

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

  • 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.

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

  • 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

  • Payment Date means, with respect to each Collection Period, the 22nd day of the calendar month following the end of that Collection Period, or, if such day is not a Business Day, the next Business Day, commencing on April 23, 2012.

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

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Compensating Interest Payment As defined in Section 6.06.