IDS Payment Date definition
IDS Payment Date means the 30th day of each March, June, September and December (or, if such day is not a Business Day, the first Business Day following such day) commencing March 30, 2005.
Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.
Note Payment Date means any date on which principal of or interest on any Note is payable.
Quarterly Payment Date means the last Business Day of each March, June, September and December.
Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.
Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.