Tranche B Interest Payment Date definition

Tranche B Interest Payment Date. Defined in Section 3.4(c)(i).
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Tranche B Interest Payment Date. Defined in Section 3.4(c).
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Tranche B Interest Payment Date has the meaning set forth in Section 2.09(b)(ii).
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Examples of Tranche B Interest Payment Date in a sentence

  • The Loan Parties shall give the Tranche B Administrative Agent an irrevocable notice that it will exercise such right at least three Business Days prior to any Tranche B Interest Payment Date as to which such right is to be exercised.

  • Not later than 12:00 noon (New York time) on each Tranche B Interest Payment Date, Borrower shall pay to Agent for the account of the Institutional Lenders interest on the daily unpaid principal amount of each Tranche B Fixed Amount outstanding in arrears at a rate per annum equal to the Tranche B Fixed Rate for each such Tranche B Fixed Amount.

  • These advance obligatory payments will be made on the Tranche B Interest Payment Date immediately following the date of the refund of such IVA.

  • The funds in the IVA Refund Account must be used exclusively for advance and mandatory payments on the Tranche B Interest Payment Date immediately following the return of the IVA, of the principal of the loans disbursed from the Tranche B Funding Facility.

  • All amounts which are (or would be) payable on account of the Tranche B Commitment Fee, the Tranche B Monitoring Fee and the Tranche B Interest Rate (as if all interest on the principal being prepaid were paid in cash on the relevant Tranche B Interest Payment Date) with respect to the Tranche B Loan.

  • For the purposes of the Tranche B Loans and this Agreement, the “Tranche B Interest Period” means: any period that /i/ starts on the disbursement date of each loan and ends on the immediately following Tranche B Interest Payment Date, and /ii/ then successively, each immediately following period starting the last day of the Tranche B Interest Period immediately before and ending on the immediately following Tranche B Interest Payment Date; including in each period the first day and excluding the last day.

  • If MVC, having received the return of IVA referred to in letter A/ above, does not make the advance obligatory payment on the Tranche B Interest Payment Date immediately following the date of the return of such IVA, the Creditors will have the right to declare the Tranche B Loans and the Tranche B Promissory Notes immediately due and payable.

  • On each Tranche B Interest Payment Date, Borrower shall pay to Agent for the account of the Lenders interest in respect of each Tranche B Interest Period on the daily unpaid principal amounts of any Tranche B Loan, any Rova II Virginia Power L/C Reimbursement Obligation and any Rova II Trade L/C Reimbursement Obligation outstanding during such Tranche B Interest Period in arrears at the rates per annum equal to the Tranche B Interest Rates then in effect.


More Definitions of Tranche B Interest Payment Date

Tranche B Interest Payment Date the last day of each of June, July, August, and September. The first Tranche B Interest Payment Date shall be the first such date following the Closing Date.
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Tranche B Interest Payment Date means, (a) with respect to Rova II L/C Fees and interest accruing at any rate (including LIBOR and the CD Rate) on any Tranche B Loan or Tranche B Institutional Loan, each Quarterly Date, (b) with respect to interest accruing at LIBOR or a CD Rate, the final date of each Tranche B Interest Period using LIBOR or a CD Rate and (c) with respect to interest accruing at the Base Rate where the immediately succeeding Tranche B Interest Period is based on LIBOR or a CD Rate, the final date of each Tranche B Interest Period using the Base Rate.
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Tranche B Interest Payment Date has the meaning assigned to such term in clause seven number Seven.Two of this Agreement.
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Tranche B Interest Payment Date means (i) December 30, 2020 for the first Interest Payment Date; (ii) thereafter, the last day of March, the last day of June, the last day of September, and the last day of December each year, and (iii) the Tranche B Principal Repayment Date for the final Interest Payment Date; provided, however, that if any such day is not a Business Day, the Interest Payment Date shall be the following Business Day, but if the following Business Day falls on the following month, the Interest Payment Date shall be the immediately preceding Business Day.
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Tranche B Interest Payment Date. Defined in Section 3:3-4(b)(i).
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Related to Tranche B 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).

  • 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.

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

  • Fixed Rate Interest Payment Date has the meaning provided in Section 3.02(e)(i).

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

  • 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 shall have the meaning set forth in paragraph 1 of each Note.

  • 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.

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

  • 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.

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

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

  • Interest Payment has the meaning set forth in Section 4.02.

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

  • 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.

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

  • 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.

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

  • 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

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

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

  • 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.

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