Floating Rate Notes Maturity Date definition
Examples of Floating Rate Notes Maturity Date in a sentence
If a Floating Rate Notes Interest Payment Date (other than the Floating Rate Notes Maturity Date or any earlier redemption date) is not a Business Day, then such Floating Rate Notes Interest Payment Date shall be the next succeeding Business Day, unless the next succeeding Business Day is in the next succeeding calendar month, in which case the Floating Rate Notes Interest Payment Date shall be the immediately preceding Business Day.
If the Floating Rate Notes Maturity Date or any earlier redemption date of any Floating Rate Notes falls on a day that is not a Business Day, the payment of principal and interest, if any, otherwise payable on such date will be postponed to the next succeeding Business Day, and no interest on such payment will accrue from and after the Floating Rate Notes Maturity Date or earlier redemption date, as applicable.
Interest will be payable quarterly in arrears on February 15, May 15, August 15 and November 15, beginning on February 15, 2019 (each, a “Floating Rate Interest Payment Date”), and the Floating Rate Notes Maturity Date, to the person in whose name the Floating Rate Notes are registered at the close of business on the Regular Record Date.
Thereafter, an “Interest Period” shall mean the period from and including an Interest Reset Date to, but excluding, the next succeeding Interest Reset Date and, in the case of the last such period, from and including the Interest Reset Date immediately preceding Floating Rate Notes Maturity Date or any earlier redemption date of the Floating Rate Notes, as the case may be, to, but excluding, such Floating Rate Notes Maturity Date or earlier redemption date.
Interest on the floating rate notes will be payable quarterly in arrear on March 13, June 13, September 13, and December 13 each year, commencing on December 13, 2023 and ending on the Floating Rate Notes Maturity Date.
In the event any September 2019 Floating Rate Notes Interest Payment Date on or before the September 2019 Floating Rate Notes Maturity Date falls on a day that is not a Business Day, the interest payment due on that date will be postponed to the next day that is a Business Day; provided, however, that if that Business Day is in the immediately succeeding calendar month, then the applicable September 2019 Floating Rate Notes Interest Payment Date will be the immediately preceding Business Day.
If any such Callable Floating Rate Notes Interest Payment Date (other than a Callable Floating Rate Notes Maturity Date), is postponed or brought forward pursuant to this Section 3.2(e), the payment of interest due on such postponed or brought forward Callable Floating Rate Notes Interest Payment Date will include interest accrued to but excluding such postponed or brought forward Callable Floating Rate Notes Interest Payment Date.
Interest will be payable quarterly in arrears on February 24, May 24, August 24 and November 24, beginning on November 24, 2015 (each, a “Floating Rate Interest Payment Date”), and the Floating Rate Notes Maturity Date, to the person in whose name the Floating Rate Notes are registered at the close of business on the Regular Record Date.
In the event any September 2018 Floating Rate Notes Interest Payment Date on or before the September 2018 Floating Rate Notes Maturity Date falls on a day that is not a Business Day, the interest payment due on that date will be postponed to the next day that is a Business Day; provided, however, that if that Business Day is in the immediately succeeding calendar month, then the applicable September 2018 Floating Rate Notes Interest Payment Date will be the immediately preceding Business Day.
Interest due on the September 2018 Floating Rate Notes Maturity Date or, if applicable, the Special Mandatory Redemption Date, in each case, (whether or not a September 2018 Floating Rate Notes Interest Payment Date) will be paid to the Person to whom principal of such September 2018 Floating Rate Notes is payable.