Yield Payment Date means, with respect to a Conduit Investor and its Related Alternate Investor, each Remittance Date, provided, however, that after the occurrence of a Termination Date, the Yield Payment Date with respect to a Conduit Investor and its Related Alternate Investor shall be the last day of each Rate Period.
Yield Payment Date means, (a) in respect of Capital Investments made at the Citicorp Base Rate (including but not limited to the Swing Purchases) (i) the first Business Day of each calendar month, commencing on the first such day following the making of such Capital Investment and (ii) if not previously paid in full, on the Termination Date, (b) in respect of Capital Investments made at the Citicorp LIBO Rate, (i) the last day of each Yield Period applicable to such Capital Investment and, if such Yield Period has a duration of more than one month, on each day during such Yield Period occurring every month from the first day of such Yield Period, (ii) upon the payment or prepayment thereof in full or in part and (iii) if not previously paid in full, on the Termination Date, (c) in respect of the Unused Commitment Fee and the L/C Fees, (i) the first Business Day of each calendar month and (ii) if not previously paid in full, on the Termination Date, and (d) with respect to all other obligations of the Seller hereunder, on demand by the Agent from and after the time such obligation becomes due and payable (whether by acceleration or otherwise).
Yield Payment Date. The last day of each Rate Period.
Examples of Yield Payment Date in a sentence
Where the Basket Return does not equal or exceed the Barrier Level specified in the Final Terms on any Yield Determination Date, the Yield Amount payable on each Yield Payment Date shall be zero.
Where " Plus Memory Coupon" is specified in the Final Terms, the Coupon Payment shall comprise an amount corresponding to the Underlying Amount multiplied by the higher of: (a) the relevant Coupon Level multiplied by the number of immediately preceding Yield Payment Dates (up to and including the Yield Payment Date which immediately follows the applicable Yield Determination Date) in respect of which a coupon has not been paid and (b) the Bonus Factor.
Their applications are reviewed and selected by a local and independent committee put together by the local representative.
No interest accrues on the principal of the Notes, but a Yield is paid on the nominal amount of each Note on the Yield Payment Date in accordance with these terms.Yield BasisA Yield based on the 3-month Euribor rate is paid quarterly on the nominal principal of the Loan.
Where "Autocall Coupon" is specified as applicable in the relevant Final Terms, and provided that the Basket Value on any Valuation Date is higher than, or equal to, the Coupon Barrier Level specified in the Final Terms, the Instruments shall pay a coupon (the "Coupon") on the immediately subsequent Yield Payment Date.
More Definitions of Yield Payment Date
Yield Payment Date means, with respect to a Conduit Investor and its Related Alternate Investor, each Remittance Date.
Yield Payment Date. Means each day specified as such in the Final Terms.
Yield Payment Date means (i) as to any LIBOR Holder Advance, the last day of the Payment Period or other period of time at which the Holder Advance is to bear yield at the LIBOR Rate applicable to such LIBOR Holder Advance; provided, if such Payment Period or other period of time is longer than three months, yield shall also be payable on the last Business Day of the third month of such Payment Period or other period of time, (ii) as to any ABR Holder Advance, July 15, 1997, October 15, 1997, the Interim Term Expiration Date and each Scheduled Payment Date and (iii) as to all 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.
Yield Payment Date means each Payment Date on which Yield is, or required to be, paid under the Receivables Purchase Agreement.
Yield Payment Date means (A) with respect to the Purchaser Interest of the Conduit, the date of each month which is two (2) Business Days after the Monthly Report is due and (B) with respect to the Purchaser Interests of the Financial Institutions, the last day of the relevant Tranche Period. All accounting terms not specifically defined herein shall be construed in accordance with GAAP. All terms used in Article 9 of the UCC in the State of Illinois, and not specifically defined herein, are used herein as defined in such Article 9. Exh. I-19 EXHIBIT II FORM OF PURCHASE NOTICE [Date] Bank One, NA (Main Office Chicago), as Agent Suite IL1-1729, 7th Floor 131 South Dearborn Chicago, Illinois 60603-1729 Xxxxxxxxx: _______________________ Xx: XXXXXXXX XXXXCE Ladies and Gentlemen: Reference is hereby made to the Receivables Purchase Agreement, dated as of January [__], 2004, by and among [Newco], a Delaware limited liability company (the "Seller"), Pennsylvania Power Company, as Servicer, the Financial Institutions, [_________________________] Corporation ("Conduit"), and Bank One, NA (Main Office Chicago), as Agent (the "Receivables Purchase Agreement"). Capitalized terms used herein shall have the meanings assigned to such terms in the Receivables Purchase Agreement. The Agent is hereby notified of the following Incremental Purchase: -------------------------------------------------------------------------------- Purchase Price: $ ------------------------ -------------------------------------------------------------------------------- Date of Purchase: -------------------------------------------------------------------------------- Requested Bank Rate: [LIBO Rate] [Prime Rate] [CP Rate] -------------------------------------------------------------------------------- Tranche Period: -------------------------------------------------------------------------------- Please wire-transfer the Purchase Price in immediately available funds on the above-specified date of purchase to: [Account Name] [Account No.] [Bank Name & Address] [ABA #] Exh. II-1
Yield Payment Date means (A) the date each month which is two (2) Business Days after the Monthly Report due in such month is due, and (B) the last day of the relevant Tranche Period in respect of each Purchaser Interest funded by any Financial Institution. All accounting terms not specifically defined herein shall be construed in accordance with GAAP. All terms used in Article 9 of the UCC in the State of New York, and not specifically defined herein, are used herein as defined in such Article 9. EXHIBIT II FORM OF PURCHASE NOTICE [Intentionally Omitted] EXHIBIT III PLACES OF BUSINESS OF THE SELLER PARTIES; LOCATIONS OF RECORDS; FEDERAL EMPLOYER IDENTIFICATION NUMBER(S) [Intentionally Omitted] EXHIBIT IV NAMES OF COLLECTION BANKS; COLLECTION ACCOUNTS; LOCK-BOXES; SPECIFIED ACCOUNTS [Intentionally Omitted] EXHIBIT V FORM OF COMPLIANCE CERTIFICATE [Intentionally Omitted] EXHIBIT VI FORM OF COLLECTION ACCOUNT AGREEMENT [Intentionally Omitted] EXHIBIT VII FORM OF ASSIGNMENT AGREEMENT [Intentionally Omitted] EXHIBIT VIII CREDIT AND COLLECTION POLICY [Intentionally Omitted] EXHIBIT IX FORM OF MONTHLY REPORT [Intentionally Omitted] EXHIBIT X FORM OF REDUCTION NOTICE [Intentionally Omitted] Exh II - Exh X EXHIBIT XI FORM OF P.O. BOX TRANSFER NOTICE [Intentionally Omitted] EXHIBIT XII FORM OF DAILY REPORT [Intentionally Omitted] EXHIBIT XIII FORM OF JOINDER AGREEMENT [Intentionally Omitted] Exh XI - Exh XIII SCHEDULE A(55) COMMITMENTS OF PURCHASER GROUPS The Bank of Nova Scotia Purchaser Group: Managing Agent: The Bank of Nova Scotia Group Purchase Limit: $250,000,000 Conduit: Chariot Funding LLC Conduit Purchase Limit: $250,000,000 Financial Institution: The Bank of Nova Scotia Commitment: $250,000,000
Yield Payment Date means the fifth Business Day of each Monthly Period.