Examples of Additional Payment Date in a sentence
On the third Additional Payment Date and on each third Additional Payment Date thereafter, Holder shall apply all Excess Funds (hereinafter defined), if any, to prepayment of amounts due under this Note, without premium or penalty.
Each such conversion shall occur no later than one Business Day prior to such Interest Payment Date, Additional Payment Date and the Maturity Date and shall be made at the relevant Spot Rate for such Currency on such date.
In the event that a Management Charge or an Additional Charge or any part thereof is not paid by the Payment Date or the Additional Payment Date (as the case may be), BoatCo must pay to the Manager interest on the amount unpaid at the Interest Rate computed on a daily basis from the Payment Date or Additional Payment Date (as the case may be) until the date of actual payment.
Additional Payment Date: Such date as soon as practicable after each Distribution Receipt Date.
In addition on the Business Day following each Buyer Additional Payment Date (as defined in the Charged Agreement) the Issuer shall pay in respect of each Note such Note’s pro rata share (rounded down to the nearest euro cent) of an amount equal to the Additional Interest Amount (as defined in the Charged Agreement) payable on such Buyer Additional Payment Date.