Semi-Annual Dates definition
Semi-Annual Dates means June 30 and December 31.
Semi-Annual Dates means the last day of each of August and February; provided, that if a payment is required to be made on a Semi-Annual Date and such last day is not a Business Day, then such payment shall be made in accordance with the Modified Business Day Convention.
Semi-Annual Dates means (a) prior to the Term Conversion Date, the date which is six months following the Closing Date and each six-month anniversary thereof and (b) following the Term Conversion Date, each Principal Payment Date; provided, that if any such day is not a Business Day, then such Semi-Annual Date shall be the next preceding Business Day.
Examples of Semi-Annual Dates in a sentence
Accrued interest on each Loan shall be payable semiannually on the Semi-Annual Dates, or upon the payment or prepayment thereof (but accrued only on the principal amount so paid or prepaid); provided, further, that interest payable at the Post-Default Rate shall be payable from time to time on demand.
More Definitions of Semi-Annual Dates
Semi-Annual Dates means (a) prior to the Term Conversion Date, the date which is six months following the Original Closing Date and the earlier of each six- month anniversary thereof and the Effective Date, and, following the Effective Date, the date which is six months following the Effective Date and each six-month anniversary thereof and (b) following the Term Conversion Date, each Principal Payment Date; provided, that if any such day is not a Business Day, then such Semi-Annual Date shall be the immediately preceding Business Day.
Semi-Annual Dates means the dates in each calendar year corresponding to the Weighted Average Date and the date falling six months thereafter. For example, if the Weighted Average Date is March 1, the Semi-Annual Dates would be March 1 and September 1 of each year, including the year in which the first Advance is made;
Semi-Annual Dates means (a) prior to the Term Conversion Date, the date which is six months following the Original Closing Date and the earlier of each six-month anniversary thereof and the Effective Date, and, following the Effective Date, the date which is six months following the Effective Date and each six-month anniversary thereof and (b) following the Term Conversion Date, each Principal Payment Date; provided, that if any such day is not a Business Day, then such Semi-Annual Date shall be the immediately preceding Business Day.