Examples of Interest Payment Day in a sentence
If any Interest Payment Day does not fall on a Working Day, then the interest payable on the Interest Payment Date concerned falls due and is payable on the first Working Day following such Interest Payment Day (hereinafter: “Next Working Day Rule”).
DOC used the Level of Service Inventory -Revised (LSI) for many years.
CP's employer offers her lifetime retiree health benefits, which she declines.
If the Interest Payment Day is not a Banking Day, the interest payment shall be made on the following Banking Day.
Interest From the Term Loan Commencement Date to December 31, 2022, the Term Debt shall not bear interest.(a) From and after January 1, 2023, the Applicant shall pay interest on the Term Debt at the Interest Rate, calculated and payable monthly on each Interest Payment Day, both before and after maturity, default and judgment, with interest on overdue interest at the same rate.