Interest Payment Due Date definition

Interest Payment Due Date has the meaning set forth in the opening paragraph of this Debenture.
Interest Payment Due Date means any date upon which interest is due to be paid by the Company to the Holder, as set forth in the opening paragraph of this Debenture.
Interest Payment Due Date means (a) with respect to LIBOR Loans, the last Business Day of the Interest Period of such LIBOR Loan; provided, however, if such Interest Period has a duration of more than three (3) months, then on each day which occurs during such Interest Period every three (3) months from the first day of such Interest Period, but in each case no later than the Maturity Date, and (b) with respect to Prime Rate Loans, the first day of each month hereafter.

Examples of Interest Payment Due Date in a sentence

  • Whenever any amount expressed to be due by the terms of this Note is due on any day which is not a Business Day, the same shall instead be due on the next succeeding day which is a Business Day and, in the case of any Interest Payment Due Date which is not the date on which this Note is paid in full, the extension of the due date thereof shall not be taken into account for purposes of determining the amount of Interest due on such date.

  • Instead, the Fund’s actuary is required to apportion the assets of the whole Fund between the employers, at each triennial valuation.

  • I will make my monthly payment of principal and interest beginning on the First Principal and Interest Payment Due Date as described in Section 4 of this Note.

  • The Holder may, at its option, surrender this Debenture at the principal executive offices of the Company and receive in exchange therefor a Debenture or Debentures, each in the denomination of $1,000 or an integral multiple of $500 in excess thereof, dated as of the date of this Debenture (which shall accrue interest from the most recent Interest Payment Due Date on which an interest payment was made in full), and payable to such Person or order as may be designated by such Holder.

  • For payment adjustments occurring on or after the First Principal and Interest Payment Due Date, the amount of my monthly payment will be sufficient to repay unpaid principal and interest that I am expected to owe in full on the Maturity Date at the current interest rate in substantially equal payments.


More Definitions of Interest Payment Due Date

Interest Payment Due Date has the meaning set forth in the opening paragraph hereof.
Interest Payment Due Date means each date specified as such in the Final Terms of the relevant Series of Notes;
Interest Payment Due Date shall have the meaning specified in Section 3(b).
Interest Payment Due Date means (i) with respect to any payment of interest accruing at the Adjusted LIBOR Market Index Rate or the Adjusted ABR Rate, the last day of each calendar month during the term of this Agreement; and (ii) with respect to any payment of interest accruing on any LIBOR Rate Borrowing, the date of expiration of the applicable LIBOR Rate Interest Period.
Interest Payment Due Date has the meaning set forth in the opening paragraph of this Debenture. (xviii) “Market Disruption Event” means any event that results in a material suspension or limitation of trading of the Common Shares. (xix) “Market Priceper Common Share means the closing price of the Common Shares during any Trading Day as reported on the NASDAQ OTCBB; provided that, if such security is not listed or admitted to trading on the NASDAQ OTCBB, as reported on the principal national security exchange or quotation system on which such security is quoted or listed or admitted to trading, or, if not quoted or listed or admitted to trading on any national securities exchange or quotation system, the lowest price of the Common Shares during any Trading Day on the over-the-counter market as reported by Bloomberg LP or a similar generally accepted reporting service, as the case may be. (xx) “Maximum Rate” has the meaning set forth in Section 6.4. (xxi) “Outstanding” when used with reference to Common Shares or Capital Shares (collectively, “Shares”) means, on any date of determination, all issued and outstanding Shares, and includes all such Shares issuable in respect of outstanding scrip or any certificates representing fractional interests in such Shares; provided, however, that any such Shares directly or indirectly owned or held by or for the account of the Company or any Subsidiary of the Company shall not be deemed “Outstanding” for purposes hereof. (xxii) “Person” means an individual, a corporation, a partnership, an association, a limited liability company, an unincorporated business organization, a trust or other entity or organization, and any government or political subdivision or any agency or instrumentality thereof. (xxiii) “Principal Amount” means, for any date of calculation, the principal sum set forth in the first paragraph of this Debenture (but only such principal amount as to which the Holder has (a) actually advanced pursuant to the Securities Purchase Agreement, and (b) not theretofore furnished a Conversion Notice in compliance with Section 3.2). (xxiv) “Registration Rights Agreement” means that certain Registration Rights Agreement of even date herewith by and between the Company and Holder, as the same may be amended from time to time. (xxv) “SEC” means the United States Securities and Exchange Commission.
Interest Payment Due Date shall have the meaning set forth in Section 2(a).
Interest Payment Due Date has the meaning set forth in the opening paragraph of this Debenture. (xix) "Market Disruption Event" means any event that results in a material suspension or limitation of trading of the Common Shares. (xx) "Maximum Rate" has the meaning set forth in Section 6.3. (xxi) "Outstanding" when used with reference to Common Shares or Capital Shares (collectively, "Shares") means, on any date of determination, all issued and outstanding Shares, and includes all such Shares issuable in respect of outstanding scrip or any certificates representing fractional interests in such Shares; provided, however, that any such Shares directly or indirectly owned or held by or for the account of the Company or any Subsidiary of the Company shall not be deemed "Outstanding" for purposes hereof. (xxii) "Person" means an individual, a corporation, a partnership, an association, a limited liability company, an unincorporated business organization, a trust or other entity or organization, and any government or political subdivision or any agency or instrumentality thereof. (xxiii) "Principal Amount" means, for any date of calculation, the principal sum set forth in the first paragraph of this Debenture (but only such principal amount as to which the Holder has (a) actually advanced pursuant to the Securities Purchase Agreement (b) not theretofore furnished a Conversion Notice in compliance with Section 3.2). (xxiv) "Registration Rights Agreement" means that certain Registration Rights Agreement dated as of January 2, 2002 by and between the Company and Holder, as the same may be amended from time to time. (xxv) "SEC" means the United States Securities and Exchange Commission. (xxvi) "Securities Act" means the Securities Act of 1933, as amended, and the rules and regulations of the SEC thereunder, all as in effect at the time. (xxvii) "Securities Purchase Agreement" means that certain Securities Purchase Agreement dated as of January 2, 2002 by and among the Company and Holder, as the same may be amended from time to time. (xxviii) "Subsidiary" means any entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar functions are owned directly or indirectly by the Company. All references to "cash" or "$" herein means currency of the United States of America. ARTICLE 2 EXCHANGES, TRANSFER AND OPTIONAL REDEMPTION SECTION 2.1