Guarantor Payment Date definition

Guarantor Payment Date means (a) prior to the delivery of a Guarantor Default Notice, the date falling on the 10th day of February, May, August and November of each year or, if such day is not a Business Day, the immediately following Business Day, provided that the fist Guarantor Payment Date will be 10 February 2014; and (b) following the delivery of a Guarantor Default Notice, any day on which any payment is required to be made by the Representative of the Covered Bondholders in accordance with the Post-Enforcement Priority of Payments, the relevant Final Terms and the Intercreditor Agreement.
Guarantor Payment Date means the 17th day of each month or if not a Toronto Business Day the next following Toronto Business Day provided that the first Guarantor Payment Date shall occur in the month following the month in which the First Transfer Date occurs;
Guarantor Payment Date means the 25th day of each month, or, if any such day is not a Business Day, the following Business Day or, following the occurrence of a Guarantor Event of Default, each Business Day.

Examples of Guarantor Payment Date in a sentence

  • The cash management fee referred to in Section 10.1 above, plus GST, shall be paid to the Cash Manager in arrears on each Guarantor Payment Date in the manner contemplated by and in accordance with the provisions of the applicable Priorities of Payments.

  • The Cash Manager, in its capacity as Calculation Agent under the Interest Rate Swap Agreement, shall determine, in accordance with the terms of the Interest Rate Swap Agreement, the Receipt Ratio and the Average Loan Balance in respect of the relevant Calculation Period and shall notify the Guarantor and the Bond Trustee of such amounts and balances on the Toronto Business Day that is at least two days prior to the first Guarantor Payment Date following the relevant Calculation Period.


More Definitions of Guarantor Payment Date

Guarantor Payment Date means (a) prior to the service of an Acceleration Notice, the 22nd day of January, April, July and October or if any such day is not a Business Day, the following Business Day or (b) following the service of an Acceleration Notice, the day falling 10 Business Days after the Accumulation Date.
Guarantor Payment Date means (i) before the occurrence of an Issuer Event of Default, 31 January, 30 April, 31 July and 31 October of each year, (ii) following the occurrence of an Issuer Event of Default, the last day of each month starting from the calendar month immediately following the calendar month in which the Issuer Event of Default has occurred, subject in all instances to adjustment in accordance with the Modified Following Business Day Convention and(iii) following the occurrence of a Guarantor Event of Default, each Business Day.Cross acceleration If a Guarantor Event of Default has occurred, each OBG will accelerate at the same time against the OBG Guarantor, provided that the OBG does not otherwise contain a cross default provision and will thus not cross accelerate in case of an Issuer Event of Default.Pre-Issuer Event of Default Interest PriorityOn each Guarantor Payment Date, prior to the service of a Notice to Pay, the OBG Guarantor will use Interest Available Funds (as defined below) to make payments in the order of priority set out below (in each case only if and to the extent that payments of a higher priority have been made infull):
Guarantor Payment Date means the 17th day of each month or if not a Business Day the next following Business Day;
Guarantor Payment Date means (a) prior to the delivery of a Guarantor Event of Default Notice, the date falling on the 25th calendar day of January, April, July and October of each year or, if such day is not a Business Day, on the immediately following Business Day; and (b) following the delivery of a Guarantor Event of Default Notice, any day on which any payment is required to be made by the Representative of the Bondholders in accordance with the Post-Enforcement Priority of Payments, the relevant Conditions and the Intercreditor Agreement.
Guarantor Payment Date means (a) prior to the service of a Guarantor Default Notice, the 28th day of January, April, July and October or if any such day is not a Business Day, the following Business Day or (b) following the service of a Guarantor Default Notice, the Due for Payment Date.
Guarantor Payment Date means (a) prior to the delivery of an Acceleration Notice, the 27th day of each month of January, April, July and October, or if that day is not a Business Day, the immediately following Business Day; the first Guarantor Payment Date will fall in January 2020; and (b) following the delivery of an Acceleration Notice, any day on which any payment is required to be made by the Representative of the Covered Bondholders in accordance with the Post-Guarantor Event of Default Priority of Payments, the relevant Final Terms and the Intercreditor Agreement.
Guarantor Payment Date means the date of actual payment by CGIF in respect of a Guaranteed Amount, provided this date shall not be more than 10 Business Days after the receipt by CGIF of the relevant Demand which complies with the terms of this Agreement.