Acceleration Payment Date definition

Acceleration Payment Date has the meaning set forth in Section 2.17(b).
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Acceleration Payment Date shall have the meaning set forth in Section 8.1.
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Acceleration Payment Date has the meaning set forth in Section 6.2.
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Examples of Acceleration Payment Date in a sentence

  • Each Acceleration Redemption of First Mortgage Bonds, Collateral (2004) Series C on a Senior Notes Acceleration Payment Date shall be at a redemption price equal to the principal amount of the First Mortgage Bonds, Collateral (2004) Series C (without premium), together with interest accrued on said principal to such Senior Notes Acceleration Payment Date (an “Acceleration Redemption Amount”); and such Acceleration Redemption Amount shall be due and payable on such Senior Notes Acceleration Payment Date.

  • Each Acceleration Redemption of Bonds of the Twenty-sixth Series on a Senior Notes Acceleration Payment Date shall be at a redemption price equal to the principal amount of the Bonds of the Twenty-sixth Series (without premium), together with interest accrued on said principal to such Senior Notes Acceleration Payment Date (an “Acceleration Redemption Amount”); and such Acceleration Redemption Amount shall be due and payable on such Senior Notes Acceleration Payment Date.


More Definitions of Acceleration Payment Date

Acceleration Payment Date shall have the meaning set forth in Section 8.1. “Acceleration Valuation Period” means the fourteen (14) consecutive Trading Day period immediately following the Breach Declaration Date. “Act” shall have the meaning set forth in Section 1.4(a). “Acting Holders” means, at any applicable time of determination, Holders of at least twenty-five percent (25%) of the then Outstanding CVRs. “Affiliate” means, as to any Person, any other Person that, directly or indirectly, controls, or is controlled by, or is under common control with, such Person. For this purpose, “control” (including, with its correlative meanings, “controlled by” and “under common control with”) shall mean the possession, directly or indirectly, of the power to direct or cause the direction of management or policies of a Person, whether through the ownership of securities or partnership or other ownership interests, by contract or otherwise. “Automatic Extinguishment” shall have the meaning set forth in Section 3.1(j). “Board of Directors” means the board of directors of the Company or any duly authorized committee of that board. “Board Resolution” means a copy of a resolution certified by a duly authorized officer of the Company to have been duly adopted by the Board of Directors or a written consent signed by the requisite directors serving on the Board of Directors and, in either case, that is in full force and effect on the date of such certification, and delivered to the Rights Agent. “Breach” shall have the meaning set forth in Section 8.1. “Breach Declaration Date” shall have the meaning set forth in Section 8.1. “Breach Interest Rate” means 4% per annum. “Business Day” means any day except a Saturday, a Sunday or other day on which the SEC or banks in the City of New York, New York or Xxxxxxxx, Bermuda are authorized or required by Law to be closed.
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Related to Acceleration Payment Date

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Redemption Payment Date As defined in Section 13.1.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Acceleration Date on any Security means the date on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Change of Control Payment Date has the meaning provided in Section 4.15.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Payment Date means the 15th day of each month, or, if any such date is not a Business Day, the next succeeding Business Day, commencing April 17, 2017.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Non-Payment Period means a period commencing on and including a Dividend Payment Date or redemption date for which the Trust shall fail to (i) declare, prior to the close of business on the second Business Day preceding such Dividend Payment Date, for payment on or (to the extent permitted by Section 11.2(c)(i) of these Bylaws) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on APS payable on such Dividend Payment Date, provided, however, that if the Trust is not able to make such declaration in compliance with the foregoing because an unforeseen event or unforeseen events causes or cause a day that otherwise would have been a Business Day not to be a Business Day, then the Trust may make such declaration on the Business Day immediately preceding the Dividend Payment Date, if possible, or, if not possible, on the Dividend Payment Date, and in such case the Trust shall not be deemed to have failed to declare a dividend otherwise required to be declared, or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any such redemption date for any shares of APS called for redemption, the Mandatory Redemption Price per share of such APS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have otherwise been made available to Holders in same-day funds; provided that, a Non-Payment Period shall not end unless the Trust shall have given at least five days’ but no more than 30 days’ written notice of such deposit or availability to the Auction Agent, all Existing Holders (at their addresses appearing in the Share Books) and the Securities Depository. Notwithstanding the foregoing, the failure by the Trust to deposit funds as provided for by clauses (ii)(A) or (ii)(B) above within three Business Days after any Dividend Payment Date or redemption date, as the case may be, in each case to the extent contemplated by Section 11.2(c)(i) of these Bylaws, shall not constitute a “Non-Payment Period.”

  • Non-Payment Default means any event (other than a Payment Default) the occurrence of which entitles one or more Persons to accelerate the maturity of any Designated Senior Indebtedness.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.