Deferral of interest payments
on kikin debt itself does not constitute a breach of a kikin fund agreement between the insurer and investors, as the insurer can defer the interest payment
when there is a shortfall in the issuer's available financial resources to pay interest,'' the U.
Some banks, such as Citibank, are using the payment to write down the principal and doing the work to re-adjust payments so that borrowers can continue to benefit from a decreased interest payment
75 percent Series B Senior Notes due 2007 with respect to an interest payment
of approximately $7.
a) postpone the maturity date or the interest payment
31, 2014 and each interest payment
The LLC makes periodic preferred equity payments to the MIPS holders with the cash it receives from the parent's interest payment
31, 2011 and each interest payment
date thereafter for the debentures issued by C5 Capital (SPV) Limited and on Dec.
The first interest payment
will become due on the earlier of November 1, 2006 or 10 days after the effectiveness date of a registration statement on Form SB-2 with respect to the Common Stock underlying the Amended Notes.
The bonds initially bear interest at an initial rate until the initial interest payment
date of Jan.
The bonds are subject to mandatory tender: on each interest-rate conversion date other than a conversion between the daily and weekly period; while in a commercial paper rate period, on the day immediately following the end of a rate period; on the first day of any long-term rate period; the interest payment
date immediately before the termination or expiration of the LOC, provided that the interest payment
date shall precede the termination of the LOC by at least two business days; the interest payment
date concurrent with the effective date of a substitution of the LOC; and for series 2005 A, upon the occurrence of a determination of taxability.
When there is a dispute, the courts look at factors such as the presence or absence of a written note, scheduled payments, a fixed interest rate, interest payments
, collateral and a sinking fund.
DWP has notified the company that it is delinquent on interest payments
on the loan and has set the deadline for repayment of $1,882,937 in principal and interest, according to a Monday letter obtained under the California Public Records Act.