Yield Payment Date definition

Yield Payment Date means, with respect to a Conduit Investor and its Related Alternate Investor, each Remittance Date, provided, however, that after the occurrence of a Termination Date, the Yield Payment Date with respect to a Conduit Investor and its Related Alternate Investor shall be the last day of each Rate Period.

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Yield Payment Date. The last day of each Rate Period.

Yield Payment Date means, (a) in respect of Capital Investments made at the Citicorp Base Rate (including but not limited to the Swing Purchases) (i) the first Business Day of each calendar month, commencing on the first such day following the making of such Capital Investment and (ii) if not previously paid in full, on the Termination Date, (b) in respect of Capital Investments made at the Citicorp LIBO Rate, (i) the last day of each Yield Period applicable to such Capital Investment and, if such Yield Period has a duration of more than one month, on each day during such Yield Period occurring every month from the first day of such Yield Period, (ii) upon the payment or prepayment thereof in full or in part and (iii) if not previously paid in full, on the Termination Date, (c) in respect of the Unused Commitment Fee and the L/C Fees, (i) the first Business Day of each calendar month and (ii) if not previously paid in full, on the Termination Date, and (d) with respect to all other obligations of the Seller hereunder, on demand by the Agent from and after the time such obligation becomes due and payable (whether by acceleration or otherwise).

Examples of Yield Payment Date in a sentence

Upon receipt by a Class Agent on any Yield Payment Date of funds deposited pursuant to subsection (b)(iii)(A), such Class Agent shall distribute them to the Investors in its Class, pro rata based on the amount of accrued and unpaid Yield owing to each of them, in payment of the accrued and unpaid Yield on the related Portions of Investment for the related Rate Period.
On each Yield Payment Date, the Seller shall pay to each Managing Agent for the benefit of the Conduit in such Managing Agent’s Purchaser Group an aggregate amount equal to all accrued and unpaid Yield in respect of the Capital associated with all Purchaser Interests of the related Conduit for the immediately preceding Accrual Period in accordance with Article II.
On the third (3rd) Business Day immediately preceding each Yield Payment Date, each Managing Agent shall calculate its Purchaser Group’s aggregate amount of Yield in respect of the Capital associated with all Purchaser Interests of each related Conduit for the applicable Accrual Period and shall notify the Seller of such amount.
On each Yield Payment Date for each Purchaser Interest of the Financial Institutions, the Seller shall pay to each Managing Agent for the benefit of the Financial Institutions in its Purchaser Group an aggregate amount equal to the accrued and unpaid Yield for the entire Tranche Period of such Purchaser Interest in accordance with Article II.
On the second Business Day immediately preceding each Yield Payment Date, Conduit shall calculate the aggregate amount of Yield for the immediately preceding Accrual Period and shall notify Seller of such aggregate amount.

More Definitions of Yield Payment Date

Yield Payment Date means, with respect to a Conduit Investor and its Related Alternate Investor, each Remittance Date. “Yield Rate” is defined in Section 2.4.

Yield Payment Date means (i) as to any LIBOR Holder Advance, the last day of the Payment Period or other period of time at which the Holder Advance is to bear yield at the LIBOR Rate applicable to such LIBOR Holder Advance; provided, if such Payment Period or other period of time is longer than three months, yield shall also be payable on the last Business Day of the third month of such Payment Period or other period of time, (ii) as to any ABR Holder Advance, July 15, 1997, October 15, 1997, the Interim Term Expiration Date and each Scheduled Payment Date and (iii) as to all Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.

Yield Payment Date means (A) with respect to the Purchaser Interest of the Conduit, the date of each month which is two (2) Business Days after the Monthly Report is due and (B) with respect to the Purchaser Interests of the Financial Institutions, the last day of the relevant Tranche Period. All accounting terms not specifically defined herein shall be construed in accordance with GAAP. All terms used in Article 9 of the UCC in the State of Illinois, and not specifically defined herein, are used herein as defined in such Article 9. Exh. I-19 EXHIBIT II FORM OF PURCHASE NOTICE [Date] Bank One, NA (Main Office Chicago), as Agent Suite IL1-1729, 7th Floor 131 South Dearborn Chicago, Illinois 60603-1729 ▇▇▇▇▇▇▇▇▇: _______________________ ▇▇: ▇▇▇▇▇▇▇▇ ▇▇▇▇CE Ladies and Gentlemen: Reference is hereby made to the Receivables Purchase Agreement, dated as of January [__], 2004, by and among [Newco], a Delaware limited liability company (the "Seller"), Metropolitan Edison Company, as Servicer, the Financial Institutions, [_________________________] Corporation ("Conduit"), and Bank One, NA (Main Office Chicago), as Agent (the "Receivables Purchase Agreement"). Capitalized terms used herein shall have the meanings assigned to such terms in the Receivables Purchase Agreement. The Agent is hereby notified of the following Incremental Purchase: -------------------------------------------------------------------------------- Purchase Price: $ ------------------------ -------------------------------------------------------------------------------- Date of Purchase: -------------------------------------------------------------------------------- Requested Bank Rate: [LIBO Rate] [Prime Rate] [CP Rate] -------------------------------------------------------------------------------- Tranche Period: -------------------------------------------------------------------------------- Please wire-transfer the Purchase Price in immediately available funds on the above-specified date of purchase to: [Account Name] [Account No.] [Bank Name & Address] [ABA #] Exh. II-1

Yield Payment Date means (i) with respect to any Portion of Investment as to which Yield is calculated at the CP Rate or the Base Rate, each Settlement Date, or (ii) with respect to any Portion of Investment as to which Yield is calculated at the LIBO Rate, the last day of each Rate Period.

Yield Payment Date means, (a) in respect of Capital Investments made at the Citicorp Base Rate (including but not limited to the Swing Purchases)

Yield Payment Date means the fifth Business Day of each Monthly Period.

Yield Payment Date means each Payment Date on which Yield is, or required to be, paid under the Receivables Purchase Agreement.

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