Payment Date definition

Payment Date means the last day of each March, June, September and December.

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Payment Date means the first day of each calendar month.

Payment Date means the fifteenth (15th) day of each calendar month or, if such day is not a Business Day, the next succeeding Business Day.

Examples of Payment Date in a sentence

• The aggregate of any payments that would otherwise have been paid before the Specified Employee Payment Date shall be paid to Executive in a lump sum on the Specified Employee Payment Date and thereafter, any remaining payments shall be paid without delay in accordance with their original schedule.

• On each Payment Date from and after the Revolver Loan Funding Date, the Borrower shall pay the Administrative Agent, for the benefit of the Lenders, a fee (the “Revolver Loan Funding Fee”) equal to the sum of (i) the Adjusted Term SOFR Rate for such Settlement Period plus (ii) 3.0%, multiplied by the weighted average amount on deposit in the Revolver Loan Funding Accounts during the applicable Settlement Period, calculated on the basis of a year of 360 days for the actual number of days elapsed.

• Interest shall accrue during each Settlement Period and be payable on the Advances Outstanding on each Payment Date, unless earlier paid pursuant to (i) a prepayment in accordance with Section 2.3(b) or (ii) a repayment in accordance with Section 2.4(b).

• If the Notes do not remain in book-entry only form, the Company shall have the right to elect that each Regular Record Date shall be each January 15, April 15, July 15 and October 15 immediately preceding the relevant Installment Payment Date by giving advance written notice to the Trustee and the Holders.

• The Company will advance to Participant a PPP Bonus at the close of the audited quarter in which the Closing Date of the Special Project occurred (the “Payment Date”), provided that Participant is employed by the Company on the Payment Date.

More Definitions of Payment Date

Payment Date means any date on which a payment is required to be made pursuant to this Agreement.

Payment Date means the first Business Day after the Bank Closing Date.

Payment Date means the 15th day of each month or, if not a Business Day, the next Business Day, starting in the first full month after the Closing Date. For a Collection Period, the related Payment Date means the Payment Date following the end of the Collection Period.

Payment Date means the 15th day of each of January, April, July and October, commencing July 2023; provided that, if any such day is not a Business Day, then such Payment Date shall be the next succeeding Business Day.

Payment Date means, for any Series, unless otherwise specified in the related Indenture Supplement, the 15th day of each calendar month, or if such day is not a Business Day, the next Business Day.

Payment Date means, with respect to each Collection Period, the 23rd day of the calendar month following the end of that Collection Period, or, if such day is not a Business Day, the next Business Day, commencing on July 23, 2014.

Payment Date means, with respect to each Collection Period, the fifteenth day of the following month or, if such day is not a Business Day, the immediately following Business Day. The initial Payment Date will be November 17, 2025.