Coupon Service Payment definition

Coupon Service Payment means in respect of each Serviced Instrument which is an Exchanged Debt Instrument:
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Coupon Service Payment means a cash amount to be paid to Noteholders whose Notes are mandatorily exchanged pursuant to Condition 19.1 equal to (i) 90 per cent. of the total amount of interest accrued and unpaid (calculated by reference to the Rate of Interest and Day Count Fraction and assuming for the purpose of such amount that no default interest was due and payable on such amount) on the nominal amount of the relevant Note from (and including) the Interest Payment Date in respect of such Note immediately prior to the Curatorship Date up to (but excluding) the Transaction Effective Date, provided that in calculating such accrued interest amount, each Missed Coupon shall be added to the nominal amount of the Note with effect from the relevant Missed Interest Payment Date, such that from (and including) such Missed Interest Payment Date, the nominal amount of the Note shall, for the purposes of the calculation of the Coupon Service Payment, be increased by the amount of the relevant Missed Coupon; minus (ii) the relevant Note’s Participation Percentage of the Senior Advisory Fees;
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Examples of Coupon Service Payment in a sentence

  • If such Holder subsequently transfers the Existing Notes in such Series to another person prior to the Redemption Record Date, such transferring Holder will no longer be eligible to receive the Good Bank Notes, Senior Stub Instruments, Cash Payment or Coupon Service Payment.

  • Senior Funders and Other Senior Creditors, where applicable, holding Serviced Instruments which are exchanged will also receive a Coupon Service Payment.

  • Holders are urged to consult their own professional advisers regarding these possible tax consequences under the laws of the jurisdictions that apply to them or to the exchange of their Existing Notes and the receipt pursuant to the Exchange Offers of Good Bank Notes, the Senior Stub Instrument, the Cash Payment and the Coupon Service Payment.

  • Holders of Rolled-Up Instruments will not receive a Coupon Service Payment (even if they are exchanged), but 90% of the interest accrued but unpaid on Rolled-Up Instruments as at the Transaction Effective Date will be settled by: (i) the inclusion and capitalisation of 80% of accrued interest in the nominal amount of the corresponding New Senior Debt Instrument issued by Good Bank; and (ii) the inclusion of 10% of accrued but unpaid interest in the Senior Cash Payment.

  • Final Settlement Date Expected to be on or before 11 April 2016 Expected settlement of the Exchange Offers (subject to satisfaction or waiver, (if applicable) of the Settlement Condition) by issue and delivery of Good Bank Notes and Senior Stub Instruments (where applicable) and payment of the Cash Payment and the Coupon Service Payment.

  • Nothing in this paragraph will, however, give the Bank or Good Bank the right to decrease the amount of the Coupon Service Payment or Cash Payment or to make any amendments to the terms of the Good Bank Notes or the Senior Stub Instruments which, in the sole discretion of the Bank, would be materially adverse to holders of Existing Notes whose Existing Notes are to be exchanged pursuant to Exchange Instructions or an Extraordinary Resolution.

  • Senior Exchange Offers will be made to the holders of Reduced Instruments based on the same principles as set out above in section 3.3.5.1. The amount outstanding in respect of Reduced Instruments as at the Curatorship Date will be reduced by 10% and the Senior Cash Payment and Coupon Service Payment will be calculated accordingly.

  • To the extent it is required to do so, the Good Bank intends to take the position that the exchange of Existing Notes for Good Bank Notes, Senior Stub Instruments, the Cash Payment and the Coupon Service Payment does not qualify for non-recognition treatment under the Code and, except as otherwise stated, the remainder of this discussion assumes the exchange is so treated.

  • The weakness of the Parents’ case is not that there should have been an earlier evaluation but rather with respect to my having to determine what should follow from not having the earlier evaluation.

  • In addition, holders of Serviced Instruments that are exchanged will receive a Coupon Service Payment; • Existing Subordinated Debt Instruments will be exchanged for: (i) New Subordinated Debt Instruments and/or New HoldCo Shares in respect of the Transferable Portion (as the relevant Subordinated Funder may elect); and (ii) a Subordinated Stub Instrument in respect of the Remaining Portion.

Related to Coupon Service Payment

  • Service Payment has the meaning given to it in clause 9.1;

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA. “月服务费”是指针对没有达到系统可用性 SLA 的受影响的云服务支付的月服务费（或年服务费的 1/12）。

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Interest Free Security Deposit/ Performance Security means interest free amount to be deposited by the Licensee with DMRC as per terms and conditions of License Agreement as a security against the performance of the License Agreement.

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.

  • 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.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Service Unit means a standardized measure of consumption, use, generation, or discharge attributable to an individual unit of development calculated in accordance with generally accepted engineering or planning standards for a particular category of capital improvements.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Monthly Fee has the meaning stated in Section 4.3(a).

  • Annual Service Charge as of any date means the maximum amount which is payable in any period for interest on, and original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable in respect of any Disqualified Stock.

  • Solar alternative compliance payment or "SACP" means a

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

  • Payment Initiation Service Provider or “PISP” means an authorised third party provider which provides a service that allows that third party to pass payment instructions to us on your behalf in relation to your Account.

  • Coupon Barrier Value means, in respect of a ST Coupon Valuation Date, Worst Value.

  • Additional Performance Security means the Bank Guarantee to be submitted by Successful Bidder in accordance with Clause 8.7 of this RFP Document

  • Assistance unit means a cash assistance unit as defined in WAC 388-408-0005. An assistance unit is the group of people who live to- gether and whose income or resources the department counts to decide eligibility for benefits and the amount of benefits.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.