Applicable Interest definition

Applicable Interest means interest at the rate provided in Section 1274(b)(2)(B) of the Code.
Applicable Interest. RATE shall mean (i) from the date hereof through and including the Anticipated Repayment Date, the Stated Interest Rate, and (ii) from the day after the Anticipated Repayment Date through and including the Maturity Date, the Revised Interest Rate. BORROWER shall have the meaning provided in the first paragraph hereof.
Applicable Interest means the interest applicable to the Debt Instrument as set forth in the Letter of Offer;

Examples of Applicable Interest in a sentence

  • Further, the Promoter shall intimate the Allottee of the dishonour of the cheque and the Allottee would be required to promptly tender a Demand Draft of the outstanding amounts including interest at the Applicable Interest Rate from the due date till the date of receipt by the Promoter of all the amounts including the dishonour charges of Rs. 5000/- (Rupees Five Thousand only) (for each dishonour).

  • Where, upon the resolution of an Invoice Query or otherwise, it is agreed or determined that any amount or part of any amount paid should not have been paid, the payee shall repay such overpaid amount with interest at the Applicable Interest Rate from the date on which payment was made to it or if later the Invoice Due Date until the date of such repayment.

  • Buyer will obtain a Loan(s) upon the following terms.Type: Conventional FHA DVA Other Not Applicable Interest Rate: Fixed Adjustable Rate Interest Only Other Amortization Period: yearsPrincipal Amount or LTV: All Loan amounts will include financed mortgage insurance premiums of DVA funding fee, if any, according to the provisions described herein.

  • Without prejudice to Section V4.3.1, where any amount payable under an Invoice is not paid on or before the Invoice Due Date, the paying party shall pay interest, after as well as before judgment, at the Applicable Interest Rate, on the unpaid amount from the Invoice Due Date until the Day on which payment is made.

  • The Applicable Interest Rate is calculated by taking the Relevant Financing Rate and adding or subtracting the Financing Spread.


More Definitions of Applicable Interest

Applicable Interest means 59% of the actual interest that has been paid to Visa as a result of the investment by Visa of the Visa Settlement Fund in an investment vehicle mutually agreed upon by Visa and Discover.
Applicable Interest means (i) the Offered Interest, (ii) the Interests (or portion thereof) of any Tag-Along Partner or Tagging Partner to be transferred in any Tag-Along Transfer or (iii) the Subject Interest, as applicable.
Applicable Interest means the interest applicable to the Debt Instrument as set forth in the Appendix and the Loan Sheet;
Applicable Interest means (A) for federal income tax refunds, the interest received that has not been reflected on the books of Parent Holdings, FNB, CFB, or any Subsidiary of CFB as of the Effective Date, less the product of such excess interest times the highest combined statutory rates of federal, state, and local income taxes in effect during the tax year in which the interest is received, or (B) for federal income tax deficiencies, the interest paid for any federal income tax that has not been reflected on the books of Parent Holdings, FNB, CFB, or any Subsidiary of CFB as of the Effective Date, less the product of such excess interest times the highest combined statutory rates of federal, state, and local income taxes in effect during the tax year in which the interest is paid.
Applicable Interest. As defined in Section 9.02(a)(i)(A).
Applicable Interest. Rate shall mean the lesser of
Applicable Interest. RATE shall mean (i) from the date hereof through and including the Anticipated Repayment Date, the Initial Interest Rate, and (ii) from the day after the Anticipated Repayment Date through and including the Maturity Date, the Revised Interest Rate. BORROWER shall have the meaning provided in the first paragraph hereof.