Fixed Interest Payment Date definition

Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

Fixed Interest Payment Date means (i) prior to the Delivery Date, each sixth month anniversary of the Initial Borrowing Date, (ii) the Delivery Date and (iii) after the Delivery Date, each semi-annual date on which a Scheduled Repayment is required to be made pursuant to Section 4.02(a) (or, if any of the above dates does not fall on a Business Day, the Fixed Interest Payment Date shall fall on the first Business Day falling after such date).

Fixed Interest Payment Date means March 30 and September 30 of each year, beginning March 30, 2020.

Examples of Fixed Interest Payment Date in a sentence

• The first payment of interest will be made on the first Fixed Interest Payment Date following the Interest Commencement Date.

• Interest will be payable in arrear on the date or dates in each year specified in the relevant Final Terms (each a "Fixed Interest Payment Date") and on the date specified in the relevant Final Terms as the date on which such Notes are to be redeemed (the "Maturity Date").

• Subject to Conditions 2(b) (Subordination – conditions to payment), 5 (Cancellation of Interest) and 9(g) (Accrued Interest following Capital Adequacy Trigger), the first payment of interest will be made on the first Fixed Interest Payment Date following the Interest Commencement Date.

• The first interest payment will, subject to Condition 6 and Condition 10, be made on the first Fixed Interest Payment Date following the Interest Commencement Date.

• Interest will be payable in arrear on the date or dates in each year specified in the applicable Final Terms and on the Maturity Date (each, a "Fixed Interest Payment Date").

More Definitions of Fixed Interest Payment Date

Fixed Interest Payment Date means June 1 and December 1 of each year, beginning June 1, 2022.

Fixed Interest Payment Date means January 1 and July 1 of each year, beginning [_____________].

Fixed Interest Payment Date means January 15 and July 15 of each year during the Fixed Interest Period, beginning January 15, 2021.

Fixed Interest Payment Date means June 30 and December 30 of each year, beginning December 30, 2020.

Fixed Interest Payment Date means [●] and [●] of each year, but excluding [●] beginning [●].

Fixed Interest Payment Date means April 15 and October 15 of each year, beginning April 15, 2021.

Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5 (6) (Business Day Convention).[In the case of short/long Fixed Interest Period, insert: [The [first] [last] Fixed Interest Period is [shortened] [extended];] [first Fixed Coupon Date is: [insert first Fixed Coupon Date]] [last Fixed Coupon Date is: [insert last Fixed Coupon Date]].](c) Calculation of Fixed Interest for Partial Periods. If fixed interest is required to be calculated for a period of less than a full year, such interest shall be calculated on the basis of the Day Count Fraction (as defined below).(2) Floating Interest.