Issue Date Payment definition

Issue Date Payment means the payment to the Tribe on or about the Issue Date, solely to permanently prepay existing subordinated Indebtedness of the Authority to the Tribe in a principal amount not to exceed $5,000,000 (and to pay accrued interest thereon).

Examples of Issue Date Payment in a sentence

  • Issue Date Payment is effected and Euroclear and/or Clearstream, Luxembourg debit and credit accounts in accordance with instructions received by them.