2024 Notes Maturity Date definition
Examples of 2024 Notes Maturity Date in a sentence
The Stated Maturity of the 2021 Notes shall be November 1, 2021 (the “2021 Notes Maturity Date”), the Stated Maturity of the 2024 Notes shall be February 1, 2024 (the “2024 Notes Maturity Date”), and the Stated Maturity of the 2028 Notes shall be November 1, 2028 (the “2028 Notes Maturity Date”; each of the 2021 Notes Maturity Date, the 2024 Notes Maturity Date and the 2028 Notes Maturity Date, a “Maturity Date”).
The 2024 Notes shall bear interest at a rate of 2.50% per year, from and including August 14, 2019 (the “Issue Date”) to, but excluding, the 2024 Notes Maturity Date.
The 2024 Notes shall bear interest at a rate of 3.85% per year, from and including the Issue Date to, but excluding, the 2024 Notes Maturity Date.
Interest due on the 2024 Notes Maturity Date or a Redemption Date (in each case, whether or not a 2024 Notes Interest Payment Date) will be paid to the Person to whom principal of such 2024 Notes is payable.
Until the applicable 2024 Notes Maturity Date, the 2024 Notes will be subject to Sections 11.2 and 11.3 of the Base Indenture.
In the event the 2024 Notes Maturity Date or a Redemption Date for any Note falls on a day that is not a Business Day, then the related payments of principal, premium, if any, and interest may be made on the next succeeding date that is a Business Day (and no additional interest will accumulate on the amount payable for the period from and after the 2024 Notes Maturity Date for such 2024 Note).
Once a teacher switches from SuperCare I Revised to Choices II, he/she may not switch back at any time.
In the event any 2024 Notes Interest Payment Date on or before the 2024 Notes Maturity Date falls on a day that is not a Business Day, the interest payment due on that date will be postponed to the next day that is a Business Day and no interest shall accrue as a result of such postponement.
The 2024 Notes will bear interest at the rate of 3.700% per year from the original issue date thereof to the 2024 Notes Maturity Date.
Except as provided in Section 3 of this Supplemental Indenture, the 2024 Notes shall not require any principal or premium payments prior to the 2024 Notes Maturity Date, the 2026 Notes shall not require any principal or premium payments prior to the 2026 Notes Maturity Date, and the 2031 Notes shall not require any principal or premium payments prior to the 2031 Notes Maturity Date.