Party A Payment Date definition

Party A Payment Date means each Floating Rate Payer Payment Date (as defined in the Asset Swap).
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Party A Payment Date. One Business Day prior to the Auction Distribution Date
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Party A Payment Date means each Floating Rate Payer Payment Date (as defined in the Asset Swap).The failure of the Swap Counterparty to comply with this paragraph 20(x)(A) within the time required shall in no event constitute an Event of Default (as defined in the Swap Agreement) andSwap Agreement): the only remedy of the Noteholders shall be theNoteholder Option pursuant to paragraph 23 below.Custodian Rating Downgrade: Deposit Bank Rating Downgrade: Agent Rating Downgrade:(B) If, at any time when the Notes remain outstanding, the short-term credit rating of the Custodian falls below "A-1+" by S&P or "P-1" by Moody's or the long-term credit rating of the Custodian falls below "A1" by Moody's (each, a "Custodian Rating Downgrade"), then no later than 30 calendar days after the occurrence of such Custodian Rating Downgrade the Custodian shall novate at the expense of the Custodian all (and not some only) of its rights and obligations under the Agency Agreement to any other entity with a long-term credit rating not lower than "A- 1+" by S&P and not lower than "A1" by Moody's and a short-term credit rating not lower than "P-1" by Moody's.
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Examples of Party A Payment Date in a sentence

  • The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party A Floating Rate (excluding the Spread)) and the Party A Floating Amount due on such date will be deemed to include such amounts.

  • The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date (together with an additional floating amount accrued thereon at the applicable Party A Floating Rate) and the Party A Floating Amount due on such date will be deemed to include such amounts.

  • The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date subject to further deferral (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party A Floating Rate (excluding the Spread)) and the Party A Floating Amount due on such date will be deemed to include such amounts.

  • Any such amount so deferred on the Party A Floating Amount shall be payable on the next Party A Payment Date (together with an additional floating amount accrued thereon at the applicable Party A Floating Rate) and the Party A Floating Amount due on such date shall be deemed to include such amounts.

  • For the avoidance of doubt, there shall be no Party A Payment Date later than the Termination Date.

  • If any payment of interest under the Relevant Notes is deferred in accordance with the terms and conditions of the Relevant Notes then a corresponding part of the Party A Floating Amount and a pro rata part of the Party B Floating Amount which, in each case, would otherwise be due in respect of the relevant Party A Payment Date and Party B Payment Date respectively, shall be deferred.

  • Fixed Rate Payer: Party A.Party A Payment Date(s): Each Interest Payment Date on which an Interest Amount is due and payable to a holder in respect of the Notes.Fixed Amount: An amount equal to the aggregate of each Interest Amount that is payable by Party B on the Interest Payment Date to which the Party A Payment Date relates in respect of the Notes then outstanding.

  • Party A Calculation Periods: Each period from, and including, each Party APayment Date to, but excluding, the next Party A Payment Date; provided, however, that (a) the initial Party A Calculation Period shall commence on the Effective Date, and (b) the final Party A Calculation Period shall end on, but exclude, the Termination Date.

  • Reduced Payments: In the event that any payment made by Party B to Party A under this Transaction is less than the amount which Party B would be required to pay Party A (but for Part 5(s) of the Schedule to the Agreement), the payment obligation of Party A to Party B shall be reduced by a percentage equivalent to the percentage reduction in Party B payments since the corresponding Party A Payment Date or Party B Payment Date (as applicable).

  • Party A Calculation Periods: Each period from, and including, each Party A Payment Date to, but excluding, the next Party A Payment Date; provided, however, that (a) the initial Party A Calculation Period shall commence on the Effective Date, and (b) the final Party A Calculation Period shall end on, but exclude, the Termination Date.


More Definitions of Party A Payment Date

Party A Payment Date means each Floating Rate Payer Payment Date (as defined in the Asset Swap).Custodian Rating Downgrade: Deposit Bank Rating Downgrade: Swap Counterparty(ies):(D) If at any time when the Notes are outstanding (i) the short term credit rating of the Custodian falls below “A-1+” by S&P or “P-1” by Moody’s or (ii), the long term credit rating of the Custodian falls below A1 by Moody’s (each a “Custodian Rating Downgrade”) then no later than 30 calendar days after the occurrence of such Custodian Rating Downgrade the Custodian shall novate at the expense of the Custodian all (and not some only) of its rights and obligations under the Agency Agreement to any other entity with a short term credit rating of at least “A-1+” by S&P or “P-1” by Moody’s and a long term credit rating of at least “A1” by Moody’s.
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Party A Payment Date means each Floating Rate Payer Payment Date (as defined in the Asset Swap). Custodian Rating Downgrade: (D) If at any time when the Notes areoutstanding (i) the short term credit rating of the Custodian falls below “A-1+” by S&P or “P-1” by Moody’s or (ii), the long term credit rating of the Custodian falls below A1 by Moody’s (each a “Custodian Rating Downgrade”) then no later than 30 calendar days after the occurrence of such Custodian Rating Downgrade the Custodian shall novate at the expense of the Custodian all (and not some only) of its rights andobligations under the Agency Agreement to any other entity with a short term credit rating of at least “A-1+” by S&P or “P-1” by Moody’s and a long term credit rating of at least “A1” by Moody’s. Deposit Bank Rating Downgrade: (E) If (i) at any time when the Notes areoutstanding, the short term credit rating of the Deposit Bank falls below “A-1+” by S&P or ”P-1” by Moody’s and (ii) at any time the Notes are rated lower than “A+” by S&P or “A1” by Moody’s, the long term credit rating of the Deposit Bank falls below the then ratings of the Notes (each a “Deposit Bank Rating Downgrade”) then no later than 14 calendar days after the occurrence of such Deposit Bank Rating Downgrade the Issuer shall instruct the Custodian to, and the Custodian shall, move the Deposit Account to a new Deposit Bank with a long term credit rating not lower than “A-1+” by S&P or “P-1” by Moody’s on terms that the amounts standing to the credit of the Deposit Account shall earn interest in respect of each Interest Period at such rate or rates (each such rate in respect of an Interest Period, a “Deposit Rate”) as may be determined from time to time by the Deposit Bank and any interest accrued on the amounts standing to the credit of the Deposit Account shall be paid to the Swap Counterparty under the Asset Swap. Subject to any such application by the Custodian, the Issuer and the Custodian will procure that funds credited to the Deposit Account from time to time (including capitalised interest) shall be debited from the Deposit Account on or before the Maturity Date or other date for redemption of the Notes to be applied by the Issuer in connection with such redemption, as specified in the Trust Instrument.Swap Counterparty: Deutsche Bank AG, acting through its London branch. In its capacity as Swap Counterparty, Deutsche Bank AG, acting through its London branch is also designated as the calculation agent (the “Swap Calculation Agent”)...
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Party A Payment Date means each Floating Rate Payer Payment Date (as defined in the Asset Swap). Custodian Rating Downgrade:
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Party A Payment Date means each Floating Rate Payer Payment Date (as defined in the Asset Swap). Custodian Rating Downgrade: (D) If at any time when the Notes are outstanding (i) theshort term credit rating of the Custodian falls below "A-1+" by S&P and "P-1" by Moody’s or the Custodian is placed on a negative credit watch by S&P or Moody’s whilst having the short term credit rating of "A-1+" by S&P and "P-1" by Moody’s or (ii), the long term credit rating of the Custodian falls below "A1" by Moody’s or the Custodian is placed on a negative credit watch by Moody’s whilst having the long term credit rating of "A1" by Moody’s (each a "Custodian Rating Downgrade") then no later than30 calendar days after the occurrence of such Custodian Rating Downgrade the Custodian shall novate at the expense of the Custodian all (and not some only) of its rights and obligations under theAgency Agreement to any other entity with a short term credit rating of at least "A-1+" by S&P and "P-1" by Moody’s and not being on a negative credit watch by S&P or Moody’s whilst having a short term credit rating of at least "A-1+" by S&P and "P-1" by Moody’s and a long term credit rating of at least "A1" by Moody’s and not being on a negative credit watch by Moody’s whilst having a long term credit rating of "A1" by Moody’s. Deposit Bank Rating Downgrade:(E) If (i) at any time when the Notes are outstanding, long term credit rating of the Deposit Bank falls below "AA- " by S&P or "Aa3" by Moody’s or the Deposit Bank is placed on a negative credit watch by S&P or Moody’s whilst having the long term credit rating of "AA-" by S&P and "Aa3" by Moody’s (a "Deposit Bank Rating Downgrade") then no later than 14 calendar days after the occurrence of such Deposit Bank Rating Downgrade the Issuer shall instruct the Custodian to, and the Custodian shall, move the Deposit Account to a new Deposit Bank with a long term credit rating not lower than "AA-" by S&P and "Aa3" by Moody’s and not being on a negative credit watch by S&P or Moody’s whilst having a long term credit rating of "AA-" by S&P and "Aa3" by Moody’s on terms that the amounts standing to the credit of the Deposit Account shall earn interest in respect of each Interest Period at such rate or rates (each such rate in respect of an Interest Period, a "Deposit Rate") as may be determined from time to time by the Deposit Bank and any interest accrued on the amounts standing to the credit of the Deposit Account shall be paid to the Swap Counterparty under the As...
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Party A Payment Date means each Floating Rate Custodian Rating Downgrade: Deposit Bank Rating Downgrade: Swap Counterparty(ies):Payer Payment Date (as defined in the Asset Swap).(D) If at any time when the Notes are outstanding
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Party A Payment Date. The Settlement Date
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Related to Party A Payment Date

  • Party A Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in {circle} 2004 up to the Termination Date and the Termination Date.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Party B Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in {circle} 2004 up to the Termination Date and the Termination Date.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Non-Payment Period means any period commencing on and including the day on which the Trust shall fail to (i) declare, prior to the close of business on the second Business Day preceding any Dividend Payment Date, for payment on or (to the extent permitted by paragraph 2(c)(i) of this Article VIII, Section 2 of these Amended By-Laws) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on shares of APS payable on such Dividend Payment Date or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any redemption date for any shares of APS called for redemption, the Mandatory Redemption Price per share of such APS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have otherwise been made available to Holders in same-day funds; provided that, a Non-Payment Period shall not end unless the Trust shall have given at least five days' but no more than 30 days' written notice of such deposit or availability to the Auction Agent, all Existing Holders (at their addresses appearing in the Share Books) and the Securities Depository. Notwithstanding the foregoing, the failure by the Trust to deposit funds as provided for by clauses (ii)(A) or (ii)(B) above within three Business Days after any Dividend Payment Date or redemption date, as the case may be, in each case to the extent contemplated by paragraph 2(c)(i) of these Amended By-Laws, shall not constitute a "Non-Payment Period."

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Early Payment Date (k means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.