Fixed Interest Payment Date definition

Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Daybased on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).
Fixed Interest Payment Date means (i) prior to the Delivery Date, each sixth month anniversary of the Initial Borrowing Date, (ii) the Delivery Date and (iii) after the Delivery Date, each semi-annual date on which a Scheduled Repayment is required to be made pursuant to Section 4.02(a) (or, if any of the above dates does not fall on a Business Day, the Fixed Interest Payment Date shall fall on the first Business Day falling after such date).
Fixed Interest Payment Date means March 30 and September 30 of each year, beginning March 30, 2020.

Examples of Fixed Interest Payment Date in a sentence

  • The first payment of interest will be made on the first Fixed Interest Payment Date following the Interest Commencement Date.


More Definitions of Fixed Interest Payment Date

Fixed Interest Payment Date means June 15 and December 15 of each year, beginning June 15, 2017 and ending December 15, 2021.
Fixed Interest Payment Date means January 1 and July 1 of each year, beginning [_____________].
Fixed Interest Payment Date means May 1 and November 1 of each year, beginning November 1, 2015.
Fixed Interest Payment Date means [●] and [●] of each year, but excluding [●] beginning [●].
Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Daybased on the application of the adjustment provision as set out in § 5 (6) (Business Day Convention).[In the case of short/long Fixed Interest Period, insert: [The [first] [last] Fixed Interest Period is [shortened] [extended];] [first Fixed Coupon Date is: [insert first Fixed Coupon Date]] [last Fixed Coupon Date is: [insert last Fixed Coupon Date]].](c) Calculation of Fixed Interest for Partial Periods. If fixed interest is required to be calculated for a period of less than a full year, such interest shall be calculated on the basis of the Day Count Fraction (as defined below).(2) Floating Interest.
Fixed Interest Payment Date means March 1 and September 1 of each year, beginning March 1, 2021.
Fixed Interest Payment Date means 22 October of each year commencing on 22 October 2019 (short first coupon). "Fixed Interest Period" has the meaning set out in § 4(1)(b).