Scheduled Interest Payment Date definition

Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.
Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance, (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.
Scheduled Interest Payment Date means, with respect to any tranche of Notes, the scheduled due date of any payment of interest on such Notes, as specified in the applicable terms document, without regard to whether or not such day is a Business Day.

Examples of Scheduled Interest Payment Date in a sentence

  • If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Date.

  • The interest so payable, and punctually paid or duly provided for, on any Scheduled Interest Payment Date shall be paid, in accordance with the terms of the Fiscal Agency Agreement hereinafter referred to, to the person (the “registered holder”) in whose name this Note (or one or more predecessor Notes) is registered at the close of business on May 20 (whether or not a Business Day, as defined herein), as the case may be (each, a “Regular Record Date”), next preceding such Scheduled Interest Payment Date.

  • The Corporation shall pay accrued and unpaid Interest in cash (i) on each Scheduled Interest Payment Date, (ii) on the Maturity Date and (iii) on any date on which the entire principal amount of this Debenture is paid in full (whether through conversion or otherwise) (each of (i), (ii) and (iii) being referred to herein as an "Interest Payment Date").

  • Payment of Holder Yield to each Holder shall be made in arrears on each Scheduled Interest Payment Date occurring after the Rent Commencement Date or as otherwise provided herein or in Section 2.6 of the Credit Agreement or Section 8.7 of the Participation Agreement.

  • Scheduled Interest Payment Date means each date specified under the heading "Scheduled Interest Payment Date" in the table in the definition of Interest Payment Date.


More Definitions of Scheduled Interest Payment Date

Scheduled Interest Payment Date means each July 1 and January 1 following the Issue Date.
Scheduled Interest Payment Date means each Interest Payment Date, without giving effect to the proviso to the definition of Interest Payment Date.
Scheduled Interest Payment Date means each January 1 and July 1; provided, however, that if such date is not a Business Day, such payment date shall automatically be deemed extended to the next Business Day.
Scheduled Interest Payment Date means (a) as to any Eurodollar Loan, any ABR Loan and any interest payment pursuant to any Tranche A Note, the first day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (b) as to all Financings, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Cash Collateral Maturity Date (in the case of Cash Collateral Loans), Maturity Date or the Expiration Date, as the case may be.
Scheduled Interest Payment Date means each March 15th and September 15th of each calendar year while this Note is outstanding, commencing on September 15, 2021.
Scheduled Interest Payment Date means, with respect to each Loan, each Distribution Date hereafter.
Scheduled Interest Payment Date means (a) as to any Eurodollar Loan (or Eurodollar Holder Funding), the last day of the Interest Period applicable to such Eurodollar Loan (or Holder Funding), and if such Interest Period is for more than three months, at intervals of three months after the first day of such Interest Period and (b) as to any Base Rate Loan (or Base Rate Holder Funding), the first day of each calendar quarter, and the date of conversion of such Loan to a Eurodollar Loan (or conversion of such Holder Funding to a Eurodollar Holder Funding), and (c) as to any Loan (or Holder Funding), the Maturity Date.