Examples of Default Interest Payment Date in a sentence
At least 15 days before the subsequent special record date, the Company shall mail (or cause to be mailed) to each Holder, as of a recent date selected by the Company, with a copy to the Trustee at least 20 days prior to such special record date, a notice that states the subsequent special record date, the Default Interest Payment Date and the amount of defaulted interest, and interest payable on such defaulted interest, if any, to be paid.
Notice of the proposed payment of such defaulted interest and the Default Interest Record Date and Default Interest Payment Date therefor having been so given, such defaulted interest shall be paid on the Default Interest Payment Date to the Persons in whose names the Securities (or their respective predecessor Securities) are registered at the close of business on such Default Interest Record Date and shall no longer be payable.
Thereupon the Trustee shall fix a record date (the “Default Interest Record Date”) for the payment of such defaulted interest, which date shall be not more than 15 days and not less than 10 days prior to the Default Interest Payment Date and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment.
The Trustee shall promptly notify the Company of such Default Interest Record Date, and in the name and at the expense of the Company, shall cause notice of the proposed payment of such defaulted interest and the Default Interest Record Date and Default Interest Payment Date therefor to be given in the manner provided for in Section 11.02, not less than 10 days prior to such Default Interest Record Date.
At least 15 days before the subsequent special record date, the Company shall mail to each Holder, with a copy to the Trustee, a notice that states the subsequent special record date, the Default Interest Payment Date and the amount of defaulted interest, and interest payable on such defaulted interest, if any, to be paid.
To consent to instruct the Trustee not to pursue any remedy available at law or in equity upon anything less than future directions given by a majority in outstanding principal amount of Debentures during the consent solicitation period and a period ending at the close of business on the Default Interest Payment Date if the Default Interest Payment Date occurs within 30 calendar days after the termination of the consent solicitation period (Proposal 3); and D.
In the case of Global Notes, at least 15 days before the Default Interest Payment Date, the Issuers shall deliver to Holders in accordance with Section 11.01 a notice that states the Default Interest Payment Date, the payment date and the amount of defaulted interest, and interest payable on such defaulted interest, if any, to be paid.
The tenant cannot use the repair and deduct remedy more than twice in any 12- month period.4. The tenant or the tenant’s family, guests, or pets must not have caused the defects that require repair.5. The tenant must inform the landlord, either orally or in writing, of the repairs that are needed (see “Giving the landlord notice,” pages 68-69).
At least 15 days before the subsequent special record date, the Issuers shall mail (or cause to be mailed) to each Holder, as of a recent date selected by the Issuers, with a copy to the Trustee, a notice that states the subsequent special record date, the Default Interest Payment Date and the amount of defaulted interest, and interest payable on such defaulted interest, if any, to be paid.
From and after the occurrence and during the continuance of any Event of Default, the Interest Rate shall automatically be increased to 10% per annum simple interest (the " Default Interest") and shall be due and payable in arrears on the first Trading Day of each calendar month during the continuance of such Event of Default (a "Default Interest Payment Date").