Interest Maturity definition
Examples of Interest Maturity in a sentence
On the earlier of (a) the Interest Maturity Date, or (b) the last to occur of (i) the Acquisition and (ii) the date on which all Equity Conditions (without regard to any Measurement Period) are met, the entire remaining outstanding Debenture will automatically be converted into shares of Common Stock.
On the Interest Maturity Date, the Company may redeem all or any part of this Debenture by paying Investor in cash an amount per share equal to 100% of the Liquidation Value for the portion redeemed.
If a Partnership Interest Maturity Date falls on a day that is not a Business Day, the applicable payment will be made on the next Business Day without adjustment, interest or further payment as a result of the delay.
All obligations with respect to Contingent Interest shall cease on the Contingent Interest Maturity Date.
Section 2.1 Security Terms; Amount; Accounts; Interest; Maturity.......................................
Contingent Interest will be payable, if and to the extent the Issuer is permitted to make such payments pursuant to the terms of the Indenture, on each Interest Payment Date until the first to occur of (A) the payment of an aggregate of $100,000,000 in Contingent Interest (as such amount may be reduced as provided in Section 4.06 of the Indenture) or (B) the Contingent Interest Maturity Date.
Interest will be payable with respect to any portion of the Face Value of the Debenture upon any of the following: (a) upon redemption of the Debenture in accordance with Section I.F; (b) upon conversion of all or any portion of the Debenture in accordance with Section I.G, only with respect to that portion which is converted; (c) when, as and if otherwise declared by the board of directors of the Corporation; and (d) the Interest Maturity Date.
By way of example only; if at the end of the Contingent Interest Maturity Date a Unit has operated for 600 On-Line Days, then Borrower shall pay to Lender an amount equal to 130 On-Line Days x $3.50.
R-__ $__________ Initial Interest Maturity CUSIP Dated Date Rate Date Closing Date Number March 23, 2000 4.10% ___________ March 23, 2000 456057___ Registered Owner: CEDE & CO.
On the Interest Maturity Date, all remaining outstanding Debenture will be automatically converted into shares of Common Stock.