Payment Date definition

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.
Payment Date means the first day of each calendar month.
Payment Date means any date on which a payment is required to be made pursuant to this Agreement.

Examples of Payment Date in a sentence

  • If the Maturity Date, the Redemption Date or any Interest Payment Date falls on a day which is not a Business Day, the registered holder of the Bonds shall not be entitled to payment until the next following Business Day, and no additional interest shall accrue as a result of any such delay in payment.

  • If the Bonds become redeemable prior to maturity in accordance with the terms and conditions of this Global Bond, any interest payable under the Bonds on a Redemption Date which is not an Interest Payment Date will be payable to the persons in whose names the Bonds are registered on the Redemption Date.

  • The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date, will be paid to the persons in whose names the Bonds are registered at the close of business on April 9 or October 9 (each a “Record Date”) immediately preceding such Interest Payment Date.

  • Interest on the Bonds will accrue from and including the most recent Interest Payment Date to which interest has been paid, or, if no interest has been paid or duly provided for, from and including April 24, 2024, until the principal thereof has been paid or duly made available for payment.

  • Unless Buyer initiates payment on an early payment discount date as described in subsection (c) below, Buyer shall initiate payment on the Monthly Batch Payment Date or the Quarterly Batch Payment Date as described in subsection (b) below or on the Net Date.


More Definitions of Payment Date

Payment Date means the first Business Day after the Bank Closing Date.
Payment Date means the last day of each March, June, September and December.
Payment Date means the 21st calendar day of each month, or if such day is not a Business Day, then the next succeeding Business Day, commencing November 23, 2015.
Payment Date means the twentieth (20th) day of each calendar month or, if such day is not a Business Day, the next succeeding Business Day, commencing on October 20, 2016.
Payment Date. The 25th day of each month, or if such day is not a Business Day, then the next Business Day.
Payment Date means the first (1st) day of each calendar month during the term of the Loan or, if such day is not a Business Day, the immediately succeeding Business Day.
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.