Quarterly Interest Payment Date definition

Quarterly Interest Payment Date has the meaning set forth in Section 2.05(b)(i).
Quarterly Interest Payment Date shall have the meaning specified in Section 2.04.
Quarterly Interest Payment Date means each February 15, May 15, August 15, and November 15 during the Floating Rate Period, commencing May 15, 2028; provided, however, that if any such day (other than on February 15, 2078 or an earlier Redemption Date) is not Business Day, then the Quarterly Interest Payment Date shall be the next day that is a Business Day, except that if such next day that is a Business Day falls in the next succeeding calendar month, then such Quarterly Interest Payment Date shall be the immediately preceding Business Day.

Examples of Quarterly Interest Payment Date in a sentence

  • Promptly upon such determination, the Calculation Agent will notify the Partnership and the Trustee of the Floating Rate for the Floating Rate Period and the amount of Interest payable to each Holder on each Quarterly Interest Payment Date.

  • To the extent permitted by applicable law, Interest not paid when due hereunder, including, without limitation, all Deferred Interest and overdue Interest, shall in accordance with Section 2.6(a), until paid, compound (i) semi-annually at the Fixed Rate on each Semi-Annual Interest Payment Date during the Fixed Rate Period and (ii) quarterly at the applicable Floating Rate on each Quarterly Interest Payment Date during the Floating Rate Period.

  • The Calculation Agent will calculate the Floating Rate with respect to each Floating Rate Period and the amount of Interest payable on each Quarterly Interest Payment Date as promptly as practicable according to the appropriate method described herein.


More Definitions of Quarterly Interest Payment Date

Quarterly Interest Payment Date means each March 1, June 1, September 1, and December 1 during the Floating Rate Period, commencing September 1, 2017; provided, however, that if any such day is not Business Day, then the Quarterly Interest Payment Date shall be the immediately succeeding Business Day (except if such next succeeding Business Day falls in the next succeeding calendar month, then such payment shall be made on the immediately preceding Business Day).
Quarterly Interest Payment Date shall have the meaning set forth in Section 2.05(b).
Quarterly Interest Payment Date means each February 1, May 1, August 1 and November 1, commencing May 1, 2002, and the Final Maturity Date.
Quarterly Interest Payment Date means the last day of the three-month period commencing on the Funding Date and the last day of each subsequent three-month period thereafter.
Quarterly Interest Payment Date has the meaning set forth in Section 2.01(e).
Quarterly Interest Payment Date means December 31, March 31, June 30 and September 30 of each year during the term hereof, beginning March 31, 2006.
Quarterly Interest Payment Date means March 31, June 30, September 30 and December 31 of each year during the term hereof.