Interest Obligation definition

Interest Obligation means the obligation of the Corporation to pay interest on the Debentures, as and when the same becomes due;
Interest Obligation means the obligation of the Trust to pay interest on the Debentures, as and when the same becomes due;
Interest Obligation means the Company's obligation to pay interest on the Debentures in accordance with the Indenture;

Examples of Interest Obligation in a sentence

  • Interest Payment Dates: Each Floating Rate Obligation Foncière and Index Linked Interest Obligation Foncière bears interest on its outstanding nominal amount from the Interest Commencement Date at the rate per annum (expressed as a percentage) equal to the Rate of Interest, such interest being payable in arrear on each Interest Payment Date.

  • Aguilar and Santiago stated that they didn't know anything and Manuel Vargas told Parraz that he thought the Union was good because it protected the farm worker.

  • Notwithstanding the foregoing, neither the Corporation making the Common Share Interest Payment Election nor the consummation of sales of Common Shares will: (i) result in the holders of the Debentures not being entitled to receive on the applicable Interest Payment Date cash in an aggregate amount equal to the interest payable on such Interest Payment Date; or (ii) entitle or require such holders to receive any Common Shares in satisfaction of the Interest Obligation.

  • When the stresses in a rock mass are altered, be it e.g. by the depletion of a reservoir, sequestration of liq- uid or gas, increase of pressure by EOR operations, or the introduction of a new excavation, the pre-existing discontinuities may grow.

  • New Afton Free Cash Flow Interest Obligation In 2020, New Gold entered into a strategic partnership with Ontario Teachers’ Pension Plan (“Ontario Teachers’”).


More Definitions of Interest Obligation

Interest Obligation means the obligation of the Corporation to pay interest on the Secured Notes, as and when the same becomes due in accordance with the terms hereof and any Secured Notes.
Interest Obligation means Chemtrade’s obligation to pay interest on the Debentures;
Interest Obligation means the Issuer's obligation to pay interest on the Bonds in accordance with the Bond Indenture;
Interest Obligation means the obligation of the REIT to pay interest on the Debentures, as and when the same becomes due;
Interest Obligation means the obligation of the Company to pay interest on the Rand Notes, as and when the same becomes due;
Interest Obligation means any obligation arising under or related to the payment of interest on any debt instrument but shall not include any interest obligation determined by the Governor, in his sole discretion, and identified in an executive order, as may be amended from time to time, issued pursuant to Section 201(a) of this Act, as not being an interest obligation for the purposes of this Act.