Floating Interest Payment Date definition

Floating Interest Payment Date means March 30, June 30, September 30 and December 30 of each year, beginning September 30, 2024.
Floating Interest Payment Date means January 1, April 1, July 1 and October 1 of each year, beginning [_____________].
Floating Interest Payment Date means the last day of each March, June, September and December in each year.

Examples of Floating Interest Payment Date in a sentence

  • Interest will be payable quarterly in ar- rear on each Floating Interest Payment Date, the first such payment to be made on the Floating Interest Pay- ment Date immediately following the First Call Date, unless the Issuer exercises its right pursuant to § 4(a)(ii) to defer an interest payment.

  • Redemption at the Option of the IssuerThe Issuer may upon giving notice in accordance with § 5(e) and subject to the provisions of § 5(g) redeem the Bonds (in whole but not in part) on the First Call Date (as defined in§ 3(a)) or on any Floating Interest Payment Date thereafter at their principal amount plus any interest accrued to but exclud- ing such date and all outstanding Arrears of Interest (the “ Redemption Amount”).

  • If, immediately before giving notice to Noteholders pursuant to Condition 6(e) (Procedures), the Issuer satisfies the Trustee that a Capital Disqualification Event has occurred and is continuing, then subject to the requirement of Condition 3(a) (Status and Guarantee – General) as to solvency, the Issuer may redeem the Notes in whole, but not in part, (i) at any time before 24 June 2015 and (ii) on 24 June 2015 or any Floating Interest Payment Date thereafter.

  • Unless previously redeemed in whole or in part or purchased and cancelled, the Notes shall be redeemed at their Final Redemption Amount on [in case of a specified Maturity Date insert such Maturity Date] [in case of a Redemption Month insert: the [Floating] Interest Payment Date falling in [insert Redemption Month and Redemption Year]] (the "Maturity Date").

  • Each period beginning on (and including) 24 June 2015 or any Floating Interest Payment Date and ending on (but excluding) the next Floating Interest Payment Date is herein called a “Floating Interest Period”.


More Definitions of Floating Interest Payment Date

Floating Interest Payment Date means [Specified Floating Interest Payment Dates] in each year, commencing on [First Floating Interest Payment Date].
Floating Interest Payment Date means [insert Floating Interest Payment Dates]. Floating Interest Payment Dates are subject to adjustment in accordance with the provisions set out in § 4 (4).]
Floating Interest Payment Date means February 15, May 15, August 15 and November 15 of each year, beginning February 15, 2026.
Floating Interest Payment Date means the 1st day of March, June, September and December in each year. If any Floating Interest Pay- ment Date would otherwise fall on a day which is not a Business Day, it shall be postponed to the next day which is a Business Day unless it would thereby fall into the next calendar month, in which event the Floating Interest Payment Date shall be the immediately preceding Business Day. In these Terms and Conditions, “Business Day” means a day on which all relevant parts of the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) system are operational. Each period from and including 1 June 2016 to but exclud- ing the first Floating Interest Payment Date and thereafter from and including each Floating Interest Payment Date to but excluding the next following Floating Interest Payment Date is a “Floating Interest Period”.
Floating Interest Payment Date means [●], [●], [●] and [●] of each year to Stated Maturity, beginning [●].
Floating Interest Payment Date means January 15, April 15, July 15 and October 15 of each year, beginning July 15, 2025.
Floating Interest Payment Date means, subject to the Business Day Convention,