Variable Coupon Payment Date definition

Variable Coupon Payment Date means each of November 30 and May 30 of each year, with the first Variable Coupon, if any, being paid on November 30, 2006 and the final Variable Coupon, if any, being paid on the Maturity Date (or, if such day is not a Business Day, on the following Business Day), for a total of 15 Variable Coupon Payment Dates.
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Variable Coupon Payment Date means each of 25 June 2018, 24 June 2019, 23 June 2020, 23June 2021, 23 June 2022, 23 June 2023, 24 June 2014 and the Scheduled Maturity Date, in each case subject to adjustment in accordance with the Following Business Day Convention.
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Variable Coupon Payment Date means the day which falls on every anniversary of the Issuance Date provided that if such a date is not a Business Day, the next Business Day thereafter, excluding the first anniversary date but including the Maturity Date, for a total of 5 Variable Coupon Payment Dates.
Sample 1

Examples of Variable Coupon Payment Date in a sentence

  • The Notional Cash Position shall be notionally debited on each Variable Coupon Payment Date with an amount equal to (A) the most recent Reference Portfolio Value determined on or prior to such date minus the Reference Portfolio Value on the Fixing Date or (B) such lower amount as determined by the Issuer in its sole and absolute discretion and notified to the Reference Portfolio Advisor on or prior to such date.

  • Other Interest Provisions: If the Maturity Date falls after the Scheduled Maturity Date, the following Variable Coupon Amount Note Provisions shall apply in respect of the Notes from the Scheduled Maturity Date to the Maturity Date (and Conditions 6(a) to (g) shall not apply) and, on the Variable Coupon Payment Date, the Issuer shall pay in respect of each Note the Variable Coupon Amount as calculated below.

  • The Reference Portfolio Advisor shall determine the value of the Notional Cash Position comprised in the Reference Portfolio in accordance with the Components Valuation Principles as of each Reference Portfolio Valuation Date, as of each Variable Coupon Payment Date and as of each date on which Notional Disposition Proceeds are received or Notional Disposition Costs or Notional Acquisition Costs are incurred in accordance with Section1.4.


More Definitions of Variable Coupon Payment Date

Variable Coupon Payment Date means each of July 31 and January 31 of each year, with the first Variable Coupon, if any, being paid on January 31, 2007 and the final Variable Coupon, if any, being paid on the Maturity Date (or, if such day is not a Business Day, on the following Business Day), for a total of 15 Variable Coupon Payment Dates.
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Related to Variable Coupon Payment Date

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Redemption Payment Date As defined in Section 13.1.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Payment Date means, with respect to each Collection Period, the 22nd day of the calendar month following the end of that Collection Period, or, if such day is not a Business Day, the next Business Day, commencing on April 23, 2012.

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5 and (ii) for the purposes of Conditions 8(c) and 8(d), any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b);

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Scheduled Principal Payment Date means April 15, 2008.

  • Non-Payment Period means a period commencing on and including a Dividend Payment Date or redemption date for which the Trust shall fail to (i) declare, prior to the close of business on the second Business Day preceding such Dividend Payment Date, for payment on or (to the extent permitted by Section 11.2(c)(i) of these Bylaws) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on APS payable on such Dividend Payment Date, provided, however, that if the Trust is not able to make such declaration in compliance with the foregoing because an unforeseen event or unforeseen events causes or cause a day that otherwise would have been a Business Day not to be a Business Day, then the Trust may make such declaration on the Business Day immediately preceding the Dividend Payment Date, if possible, or, if not possible, on the Dividend Payment Date, and in such case the Trust shall not be deemed to have failed to declare a dividend otherwise required to be declared, or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any such redemption date for any shares of APS called for redemption, the Mandatory Redemption Price per share of such APS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have otherwise been made available to Holders in same-day funds; provided that, a Non-Payment Period shall not end unless the Trust shall have given at least five days’ but no more than 30 days’ written notice of such deposit or availability to the Auction Agent, all Existing Holders (at their addresses appearing in the Share Books) and the Securities Depository. Notwithstanding the foregoing, the failure by the Trust to deposit funds as provided for by clauses (ii)(A) or (ii)(B) above within three Business Days after any Dividend Payment Date or redemption date, as the case may be, in each case to the extent contemplated by Section 11.2(c)(i) of these Bylaws, shall not constitute a “Non-Payment Period.”

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.