Interest Payment Dates and Interest Periods. 6.02.01 Interest in respect of the Bonds is payable on each Interest Payment Date in respect of each Interest Period.
Interest Payment Dates and Interest Periods. Interest on the First Issuer Notes (other than the Series 1 Class A First Issuer Notes, the Series 2 Class A First Issuer Notes and the Series 4 Class A1 First Issuer Notes) is payable quarterly in arrear on the 10th day of March, June, September and December in each year (or, if such day is not a Business Day, the next succeeding Business Day) (each such day a “Quarterly Interest Payment Date”). Interest on the Series 1 Class A First Issuer Notes is payable monthly in arrear on the 10th day of each consecutive month (or, if such day is not a Business Day, the next succeeding Business Day), until the earliest of (i) the Quarterly Interest Payment Date immediately following the occurrence of a Trigger Event and (ii) the Quarterly Interest Payment Date immediately following the enforcement of the First Issuer Security in accordance with the First Issuer Deed of Charge, and thereafter is payable quarterly in arrear on the 10th day of September, December, March and June in each year (or if such day is not a Business Day, the next succeeding Business Day) (each such day a “Series 1 Class A Interest Payment Date”). Interest on the Series 2 Class A First Issuer Notes is payable semi-annually in arrear on the 10th day of December and June in each year (or, if such day is not a Business Day, the next succeeding Business Day) until the earliest of (i) the Interest Payment Date falling in June 2005, (ii) the Quarterly Interest Payment Date immediately following the occurrence of a Trigger Event and (iii) the Quarterly Interest Payment Date immediately following the enforcement of the First Issuer Security in accordance with the First Issuer Deed of Charge, and thereafter is payable quarterly in arrear on the 10th day of September, December, March and June in each year (or, if such day is not a Business Day, the next succeeding Business Day) (each such day a “Series 2 Class A Interest Payment Date”). Interest on the Series 4 Class A1 First Issuer Notes is payable annually in arrear on the 10th day of June in each year (or, if such day is not a Business Day, the next succeeding Business Day) 199 until the earliest of (i) the 10th day of June, 2007 (or if such day is not a Business Day, the next succeeding Business Day), (ii) the Quarterly Interest Payment Date immediately following the occurrence of a Trigger Event and (iii) the Quarterly Interest Payment Date immediately following the enforcement of the First Issuer Security in accordance with the First Issuer Deed of...
Interest Payment Dates and Interest Periods. Interest on the Notes is payable in arrears on January 29 of each year (commencing with January 29, 1998) or, if any such day is not a Business Day (as defined below), the immediately following day which is a Business Day. Every day on which interest on the Notes is payable is herein called an "Interest Payment Date." If any Interest Payment Date would otherwise be a day which is not a
Interest Payment Dates and Interest Periods. Interest on the Notes is payable in arrears on January 19 of each year (each such date being referred to herein as an “Interest Payment Date”). The first payment of interest will be made on January 19, 2004 in respect of the 411-day period from (and including) December 4, 2002 to (but excluding) January 19,
Interest Payment Dates and Interest Periods. Interest on the Seventh Issuer Notes (other than the Series 1 Class A Seventh Issuer Notes) is payable quarterly in arrear on the 15th day of January, April, July and October in each year (or, if such day is not a Business Day, the next succeeding Business Day) (each such day a QUARTERLY INTEREST PAYMENT DATE). Interest on the Series 1 Class A Seventh Issuer Notes is payable monthly in arrear on the 15th day of each consecutive month (or, if such day is not a Business Day, the next succeeding Business Day), until the earliest of (i) the occurrence of a Trigger Event and (ii) enforcement of the Seventh Issuer Security in accordance with the Seventh Issuer Deed of Charge, and thereafter is payable quarterly in arrear on the 15th day of January, April, July and October in each year (or if such day is not a Business Day, the next succeeding Business Day) (each such day a SERIES 1 CLASS A INTEREST PAYMENT DATE).
Interest Payment Dates and Interest Periods. Interest on the Notes will be payable semi-annually on each date (each an “Interest Payment Date”) which (save as mentioned below) is every semi anniversary of the Issue Date, beginning the day which falls on six months from the Issue Date. If any Interest Payment Date would otherwise fall on a day which is not a Business Day, it shall be postponed to the next day which is a Business Day. The period from and including the Issue Date to but excluding the first Interest Payment Date and each successive period from and including an Interest Payment Date to but excluding the next succeeding Interest Payment Date is herein called an “Interest Period.”
Interest Payment Dates and Interest Periods. Interest on the Notes is payable in arrears on January 31 of each year (commencing with January 31, 2001) (each such date being referred to herein as an “Interest Payment Date”). If any Interest Payment Date would otherwise be a day which is not a Business Day, the Interest Payment Date shall be postponed to the next day which is a Business Day and no additional interest shall be payable on account of such delayed payment. “Business Day” means a day (other than a Saturday or Sunday) on which banks are open for business in New York City and the relevant place of payment.
Interest Payment Dates and Interest Periods. 3.1 The Note bears interest on its Principal Amount Outstanding from (and including), the Funding Date, to (but excluding) the date on which the Principal Amount Outstanding is paid in full.
Interest Payment Dates and Interest Periods. Interest on the Eighth Issuer Notes (other than the Series 1 Class A Eighth Issuer Notes) is payable quarterly in arrear on the [15th] day of January, April, July and October in each year (or, if such day is not a Business Day, the next succeeding Business Day) (each such day a QUARTERLY INTEREST PAYMENT DATE). Interest on the Series 1 Class A Eighth Issuer Notes is payable monthly in arrear on the [15th] day of each consecutive month (or, if such day is not a Business Day, the next succeeding Business Day), until the earliest of (i) the occurrence of a Trigger Event and (ii) enforcement of the Eighth Issuer Security in accordance with the Eighth Issuer Deed of Charge, and thereafter is payable quarterly in arrear on the 15th day of January, April, July and October in each year (or if such day is not a Business Day, the next succeeding Business Day) (each such day a SERIES 1 CLASS A INTEREST PAYMENT DATE). INTEREST PAYMENT DATE means, as applicable, a Quarterly Interest Payment Date and/or a Series 1 Class A Interest Payment Date. The first Interest Payment Date will be (other than in the case of the Series 1 Class A Eighth Issuer Notes) the 15th day of [{circle}], and (in the case of the Series 1 Class A Eighth Issuer Notes) the 15th day of [{circle}]. In these Conditions, INTEREST PERIOD shall mean:
Interest Payment Dates and Interest Periods. Interest on the Notes is payable in arrears on each Interest Payment Date. The order of payments of interest to be made on the classes of Notes will be prioritised so that interest payments due and payable on the Class C Notes will be subordinated to interest payments due and payable on the Class M Notes, the Class B Notes and the Class A Notes, interest payments due and payable on the Class M Notes will be subordinated to interest payments due and payable on the Class B Notes and the Class A Notes and interest payments due and payable on the Class B Notes will be subordinated to interest payments due and payable on the Class A Notes, in each case in accordance with the relevant Current Issuer Priority of Payments. To the extent that the funds available to the Current Issuer, subject to and in accordance with the relevant Current Issuer Priority of Payments, to pay interest on the Class B Notes, the Class M Notes or the Class C Notes on an Interest Payment Date (in each case, after discharging the Current Issuer's liabilities of a higher priority) are insufficient to pay the full amount of such interest, payment of the shortfall attributable to the Class B Notes, the Class M Notes or the Class C Notes, as the case may be (in each case, "Deferred Interest"), which will be borne by each Class B Note, Class M Note or Class C Note, as the case may be, in proportion to the amount of interest due, subject to this Condition 4(B), on a Class B 101 Note, Class M Note or Class C Note, as the case may be, on such Interest Payment Date, will not then fall due but will instead be deferred until the first Interest Payment Date thereafter on which sufficient funds are available (after allowing for the Current Issuer's liabilities of a higher priority and subject to and in accordance with the relevant Current Issuer Priority of Payments) to fund the payment of such Deferred Interest to the extent of such available funds. Such Deferred Interest will accrue interest ("Additional Interest") at the rate of interest applicable from time to time to the Class B Notes, the Class M Notes or the Class C Notes, as the case may be, and payment of any Additional Interest will also be deferred until the first Interest Payment Date thereafter on which funds are available (after allowing for the Current Issuer's liabilities of a higher priority subject to and in accordance with the relevant Current Issuer Priority of Payments) to the Current Issuer to pay such Additional Interest to the ...
