Interest Payments. With respect to any Purchased Asset, all payments of interest, income, receipts, dividends, and any other collections and distributions received from time to time in connection with any such Purchased Asset.
Interest Payments shall have the meaning set forth in Section 3.3(b).
Interest Payments means the interest payment(s) according to Article 6, due account being taken of Article 15, of the Directive;
Examples of Interest Payments in a sentence
Interest Payments Semiannually on June 1 and December 1, beginning December 1, 2022.
Interest levied on late payment is charged from the payment due date at the rate stipulated in the Overdue Interest Payments Act.
The Primary Servicer shall not be entitled to any Compensating Interest Payments, or other amounts not specifically addressed above in this Section 3.01(c)(18).
More Definitions of Interest Payments
Interest Payments as defined in Section 2.01(c).
Interest Payments. Except as set forth in the Certificated Note, each Certificated Note ----------------- which is a Fixed Rate Note will bear interest from the Settlement Date of such Certificated Note at the annual rate stated on the face thereof, payable semiannually on January 15 and July 15 of each year (each, an "Interest Payment Date") and on the Stated Maturity Date or date of earlier redemption or repayment (such date is herein referred to as the "Maturity Date" with respect to the principal repayable on such date), and each Certificated Note which is a Floating Rate Note will bear interest as determined in the manner set forth on the face thereof, payable on the dates set forth on the face thereof. Unless otherwise specified on the face thereof, interest (including payments for partial periods) on Fixed Rate Notes will be calculated on the basis of a 360-day year of twelve 30-day months. Interest on Floating Rate Notes will be determined in the manner agreed upon by the Company and the purchaser thereof in accordance with the provisions of the Prospectus. Except as set forth in the Certificated Note, the "Record Date" with respect to any Interest Payment Date for Floating Rate Notes shall be the date 15 calendar days immediately preceding such Interest Payment Date, and for Fixed Rate Notes shall be the December 31 or June 30 next preceding such Interest Payment Date, whether or not such date shall be a Business Day, as defined in the Prospectus. The first payment of interest on any Certificated Note originally issued between a Record Date and an Interest Payment Date will be made on the Interest Payment Date following the next Record Date to the Holder on such next succeeding Record Date. Notwithstanding the record date provisions above, interest payable on the Maturity Date will be payable to the person to whom principal shall be payable. Interest on the Certificated Notes will be paid in the Specified Currency by mailing a check (from an account at a bank located outside of the United States if such check is payable in a Specified Currency other than U.S. dollars) to the Holder at the address of such Holder appearing on the Security Register on the applicable Record Date; provided, however, that a -------- ------- Holder of U.S. $10,000,000 (or the equivalent thereof in a Specified Currency other than U.S. dollars) or more in aggregate principal amount of Notes (whether or not having identical terms and provisions) shall be entitled: (i) if the Specified Currenc...
Interest Payments. Interest shall be payable annually in arrears and shall be calculated monthly beginning February 1, 1999 on the basis of a 360-day year for the actual number of days elapsed; provided, however, that in the event that the undersigned's employment by or association with the Company is terminated for any reason prior to payment in full of this Note, this Note shall be accelerated and all remaining unpaid principal and interest shall become due and payable within ninety (90) days after such termination or such longer period as may be agreed to by the Company and the undersigned. This Note may be prepaid at any time without penalty. All money paid toward the satisfaction of this Note shall be applied first to the payment of interest as required hereunder and then to the retirement of the principal. The full amount of this Note is secured by a pledge of shares of Common Stock of the Company, and is subject to all of the terms and provisions of the Founder Stock Purchase Agreement and the Pledge Agreement, each of even date herewith between the undersigned and the Company. The undersigned hereby represents and agrees that the amounts due under this Note are not consumer debt, and are not incurred primarily for personal, family or household purposes, but are for business and commercial purposes only. The undersigned hereby waives presentment, protest and notice of protest, demand for payment, notice of dishonor and all other notices or demands in connection with the delivery, acceptance, performance, default or endorsement of this Note. The holder hereof shall be entitled to recover, and the undersigned agrees to pay when incurred, all costs and expenses of collection of this Note, including without limitation, reasonable attorneys' fees. This Note shall be governed by, and construed, enforced and interpreted in accordance with, the laws of the State of California, excluding conflict of laws principles that would cause the application of laws of any other jurisdiction. Signed: /s/ Xxxx Xxxx -------------------- Xxxx Xxxx FOUNDER STOCK PURCHASE AGREEMENT EXHIBIT B STOCK PLEDGE AGREEMENT THIS STOCK PLEDGE AGREEMENT ("Pledge Agreement") is made by XXXX XXXX, an individual with a residence at 000 Xxxxxx Xxxxx, Xxxxx Xxxx, Xxxxxxxxxx 00000 ("Pledgor"), in favor of AFFILIATION, INC., a Delaware corporation with its principal place of business at 000 Xxxxx Xxxx Xxxxx, Xxxxxxxx, Xxxxxxxxxx 00000 ("Pledgee").
Interest Payments. Interest on the Senior Subordinated Bridge Loans will be payable in cash, quarterly in arrears.
Interest Payments. With respect to any Purchased Asset, all payments of interest, including default interest, received from time to time.
Interest Payments. At the end of each applicable Interest Period.