Examples of Monthly Interest Payment Date in a sentence
Interest accrued on the Bonds (or the applicable portion of the Bonds if the Bonds then bear interest at a Flexible Term Rate) shall be paid on each Interest Payment Date (or, if such day is not a Business Day, the immediately succeeding Business Day) commencing on the earlier of the first Monthly Interest Payment Date following the Issue Date or the first Conversion Date.
The Seller shall, on each Monthly Interest Payment Date, remit all Income with respect to the related Due Period then on deposit in the Collection Account to the Funding Account.
Clause 9.3, Section 2, Instructions to Agencies (ITC), Part I][Location, Date] To: [Name and address of Employer] Subject: Submission of PMC proposal for the work of Improvement of CC Road NH–4 to MDR-22 (VR-12) , Km. 0/000 to 3/000, Taluka- Maval, Dist.
The entire principal amount of the Debentures Outstanding shall be due and payable on any Monthly Interest Payment Date in the event the Company does not deliver an Officers’ Certificate pursuant to clause (vii) of this Section 4 to the Trustee no more than 30 and no less than five Business Days in advance of the Monthly Interest Payment Date.
Interest only shall be payable on the first business day of each calendar month (“Monthly Interest Payment Date”) or, if not paid, shall be added to the outstanding principal amount of this Note and, as principal, shall accrue interest at the Note Rate from the Monthly Interest Payment Date when otherwise due.