Interest Payment Frequency definition

Interest Payment Frequency is the anticipated frequency of interest payments under the Note. The Interest Payment Frequency is monthly, with interest to be paid on the fifteenth day of each calendar month, commencing on 15, 20 .

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Interest Payment Frequency is the anticipated frequency of interest payments on the Series 2019A Bonds. The Interest Payment Frequency is semi-annual, with interest to be paid on March 1 and September 1 of each year, commencing March 1, 2020.

Interest Payment Frequency means the anticipated frequency of scheduled interest payments under the Bonds. The Interest Payment Frequency is quarterly.

Examples of Interest Payment Frequency in a sentence

• The first Scheduled Repayment is payable one [Interest Payment Frequency Noun] after the original Drawdown Date.

• The first Scheduled Repayment is payable one [Interest Payment Frequency Noun] after the expiry of the Interest Capitalisation Period.

• The first Scheduled Repayment is payable one [Interest Payment Frequency Noun] after the expiry of the Interest Only Period.

• We will notify you of the [Interest Payment Frequency] instalment amount after the expiry of the Interest Only Period.} {The first [I/O Term] months will be interest only (“Interest Only Period”).

• Thereafter, the Advance is to be reduced to [Residual Amount] by the Facility Expiry Date by [Interest Payment Frequency] Scheduled Repayments comprising principal and interest.

• Thereafter, the Advance is to be repaid over the following [P&I Term] months by [Interest Payment Frequency] Scheduled Repayments comprising principal and interest.

• The first Scheduled Repayment is payable one [Interest Payment Frequency Noun] after the first Drawdown Date.

• Thereafter, the Advance is to be reduced over [P&I Term] months by [Interest Payment Frequency] Scheduled Repayments comprising principal and interest (notionally calculated on a Facility Term of [Notional P&I Term] [Term Units] (“Nominal Facility Term”)).

• Unless we have previously advised you, we will notify you of the [Interest Payment Frequency] instalment amount after the expiry of the Interest Only Period.} {The first [I/O Term] months from the original Drawdown Date will be interest only (“Interest Only Period”).

• Unless we have previously advised you, we will notify you of the [Interest Payment Frequency] instalment amount after the Drawdown Date.

More Definitions of Interest Payment Frequency

Interest Payment Frequency. The frequency at which interest is paid.

Interest Payment Frequency. Regular Record Dates: __________ FLOATING RATE SECURITY: __________ If LIBOR:

Interest Payment Frequency. (check applicable): [ ] Monthly [ ] Quarterly [ ] Semi-annual [ ] Annual INTEREST RESET DATES: ______________________________ INTEREST DETERMINATION DATES: __________________________ INTEREST RATE CUT-OFF DATE: __________________________ REDEMPTION RIGHT: [ ] Yes (If yes, the Corporation has the right to redeem this Note on any Interest Payment Date after __________________)