Examples of Semi-Annual Date in a sentence
The Company may elect to prepay this Debenture, in whole and not in part and without premium, on any Semi-Annual Date occurring after the Lockout Period, in the manner and at the price as next described.
Within fifteen Business Days after each Semi-Annual Date, an Officer’s Certificate from the Borrower setting forth the calculation of the Historical DSCR for the DSCR Calculation Period ending on such Semi-Annual Date.
Semi-Annual Date means 30 June and 31 December in each year commencing 31 December 2010.
The Interest Cover Test will be met if the ratio of Adjusted Consolidated EBITDA as at the relevant Semi-Annual Date to Senior Net Interest Payable in respect of the Testing Period ending on that Semi-Annual Date is greater than or equal to 1.5:1.
The prepayment price (the “Prepayment Price”) shall be the amount specified for the Semi-Annual Date in question on the LMI Prepayment Schedule attached to the LMI Interest Rate and Fee Notice provided to you by the Bank in connection with the issuance of this Debenture (the “Interest Rate Notice”).