Interest Payments and Assignment Rights Clause Samples

Interest Payments and Assignment Rights. Any phased or non-phased repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this LGIA is in effect. The Interconnection Customer may assign such repayment rights to any entity.
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Interest Payments and Assignment Rights. Any repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. §35.19a(a)(2)(iii) from the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this Agreement is in effect. The Interconnection Customer may assign such repayment rights to any person.
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Interest Payments and Assignment Rights. Failure to Achieve Commercial Operation 11.4.2 Special Provisions for Affected Systems 11.4.3 11.5 Provision of Interconnection Financial Security 11.5.1
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Interest Payments and Assignment Rights. Failure to Achieve Commercial Operation
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Interest Payments and Assignment Rights. Any phased or non- phased repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R.
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Interest Payments and Assignment Rights. 40 11.4.1.4 Failure to Achieve Commercial Operation. 40 11.4.2 ..................................................................................................................... 40 11.4.3 ..................................................................................................................... 40 11.5 Provision of Interconnection Financial Security. 41 11.5.1 ..................................................................................................................... 41 11.6 [This provision intentionally omitted.] 41 ARTICLE 12. INVOICE 41 12.1 General 41 12.2 Final Invoice. 41 12.3 Payment. 42 12.4 Disputes 42 ARTICLE 13. EMERGENCIES 43 13.1 [This provision intentionally omitted.] 43 13.2 Obligations. 43
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Interest Payments and Assignment Rights. Any repayment shall include interest calculated in accordance with the methodology set forth in
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Interest Payments and Assignment Rights. Any repayment shall include interest calculated in accordance with the PHWKRGRORJ\ VHW IRUWK LQ )(5&¶V UHJXODWLRQ the date of any payment for Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment. Interest shall continue to accrue on the repayment obligation so long as this Agreement is in effect. The Interconnection Customer may assign such repayment rights to any person.
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Interest Payments and Assignment Rights 
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Related to Interest Payments and Assignment Rights

  • Interest Payments Unless otherwise specified on the face hereof, the Interest Payment Dates will be, in the case of a Floating Rate Note which resets: (1) daily, weekly or monthly—the fifteenth day of each calendar month or on the fifteenth day of March, June, September and December of each year, as specified on the face hereof; (2) quarterly—the fifteenth day of March, June, September and December of each year; (3) semi-annually—the fifteenth day of the two months of each year specified on the face hereof; and (4) annually—the fifteenth day of the month of each year as specified on the face hereof. In addition, the Maturity Date will also be an Interest Payment Date. If any Interest Payment Date other than the Maturity Date for this Floating Rate Note would otherwise be a day that is not a Business Day, such Interest Payment Date will be postponed to the next succeeding Business Day, except that in the case of a Floating Rate Note as to which LIBOR is an applicable Interest Rate Basis and that Business Day falls in the next succeeding calendar month, the particular Interest Payment Date will be the immediately preceding Business Day. If the Maturity Date of a Floating Rate Note falls on a day that is not a Business Day, the Trust will make the required payment of principal, premium, if any, and interest or other amounts on the next succeeding Business Day, and no additional interest will accrue in respect of the payment made on that next succeeding Business Day.