Initial Interest definition

Initial Interest means the interest on the loan amount from the date of loan booking to the immediate card statement billing date.

Initial Interest means, with respect to any Stockholder, all of the Common Shares beneficially owned by such Stockholder and its Permitted Transferees immediately following the Closing.

Initial Interest means a Party's ownership in Existing AMI Interests, and the amount of interest a party is entitled to acquire in Subsequently Acquired AMI Interests, subject to the provisions hereof.

Examples of Initial Interest in a sentence

• The rate at which interest shall be payable shall be reset as of each Interest Reset Date commencing on the Initial Interest Reset Date.

• Surrender charges are applied to the Account Value according to the schedule below until the surrender charge period ends, which may be after the Initial Interest Guarantee Period has ended.

• The interest rates will be guaranteed for the Initial Interest Guarantee Period, subject to an MVA.

• During the Initial Interest Guarantee Period, values developed from the Initial Premium Payment are illustrated using the Initial Guaranteed Interest Rate(s) declared by the insurance company, which include an additional first year only interest bonus credit of 0.75%.

• However: (a) the interest rate in effect for the period from the Original Issue Date to the Initial Interest Reset Date will be the Initial Interest Rate; and (b) the interest rate in effect for the ten calendar days immediately prior to a Maturity Date shall be that in effect on the tenth calendar day preceding such Maturity Date, unless otherwise specified in the applicable Final Terms.

More Definitions of Initial Interest

Initial Interest means the interest of GNPC in all Petroleum Operations provided for in Article 2.4;

Initial Interest means 42,901,148 Shares (i) as adjusted for any stock dividend, stock split, recapitalization or similar event in respect of such Shares and (ii) as decreased by the number of Shares transferred to the Trust or repurchased in accordance with the provisions of Section 2.1(c).

Initial Interest means, with respect to any Interest Period, the rate of interest, prior to the addition of a margin, which shall be determined by the Bank, as approved by and in consultation with BLL, as being applicable to BLL’s customers for the purpose of granting credits—in the same amount, type and for the same period in respect of the principal as the Advance requested—on the date of determining the interest rate for the requested Advance, provided that, in no event shall the Initial Interest be less than the LIBOR otherwise applicable thereto. The Initial Interest shall be determined as a fixed addition (the “Fixed Addition”) above LIBOR. The rate of the Fixed Addition shall be determined, on the date of determining the Initial Interest, in accordance with the principles specified above and the rate so determined of the Fixed Addition shall not vary during the period of such Advance. Notice by the Bank as to the Initial Interest shall be binding on the Company and may not be contradicted nor appealed. The Bank shall use its reasonable endeavors to notify the Company, as soon as practicable after the Company’s request for the same, regarding the rate of the Initial Interest in respect of an Advance.

Initial Interest means the Interest acquired by the Optionee upon exercise of the Initial Option pursuant to the terms hereof.

Initial Interest. RATE The rate(s) of interest credited to any portion of the first Purchase Payment allocated to the Fixed Account Option(s) as described in the Accumulation Provisions section. The Initial Interest Rate(s) for this Contract is listed on page 4. The Initial Interest Rate may not be less than the Minimum Guarantee Rate as shown on the Contract Data Page. IRC The Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.

Initial Interest means the aggregate number of shares of Common Stock into which the Preferred Shares may be converted as of Closing.

Initial Interest has the meaning given in subsection 4.1(a);