Current Interest Sample Clauses
Current Interest. The Company may in its discretion pay Current Interest on the General Account at a rate that exceeds the Minimum Guaranteed Rate shown on page 3. The Company will declare the rate of Current Interest, if any, from time to time.
Current Interest. On and after the Current Interest Payment Date, accrued and unpaid interest on the Principal shall be due and payable quarterly in arrears on each Quarterly Payment Date (including the Current Interest Payment Date); provided, if, on any Quarterly Payment Date occurring before June 30, 2005 but following the Current Interest Payment Date, the Interest Payment Test is not met and current interest cannot be paid on the Loans on such date, the Deferred Interest Period shall be reinstated until the next Quarterly Payment Date upon which the Interest Payment Test is met and interest can be paid on a current basis on the Loans (the “Deferred Interest Reinstatement Period”). Notwithstanding anything else herein to the contrary, accrued and unpaid interest on the Principal shall be due and payable quarterly in arrears on each Quarterly Payment Date beginning with June 30, 2005. In addition, all accrued and unpaid interest shall be due and payable upon the payment in full of the Principal.”
Current Interest. For a Distribution Date, the sum of the Class A Subclass Interest Amounts and Class M Subclass Interest Amounts. Current Pool Balance. For any date, the Pool Balance. Custodian. Citibank, N.A. is designated by the Trustee as the Custodian.
Current Interest. The debtor expressly agrees and accepts that the debt will accrue annual current interest, periodically adjustable, calculated on the outstanding principal, payable monthly in advance, from the date of the subscription of this document, according to the following scheme:
1) For the period from month 1 to month 12, the interest rate will be a fixed 6.40%.
2) For the period from month 13 to month 24, the interest rate will be a fixed 7.33%.
3) For the period from month 25 to month 300, the interest rate will be variable and adjustable, constituted by the CME TERM SOFR rate at a 3-month term plus 2.80
Current Interest. The Client shall pay the interest on the outstanding amount of the Credit until the Credit is fully repaid.
Current Interest. For a Distribution Date, the sum of the Class A Subclass Interest Amounts and Class M Subclass Interest Amounts. Current Pool Balance. For any date, the Pool Balance. Cut-Off Date. The Cut-Off Date is the beginning of business on June 1, 2007. Daily Servicing Fee Accrual Amount. For each Mortgage Loan during each day during each Collection Period, an amount equal to (a) the product of (i) the Servicing Fee Rate and (ii) the Loan Balance of such Mortgage Loan as of such day, divided by (b) 360.
Current Interest. Accrued and unpaid interest on the Principal amount of the First Amendment Loans and the Second Amendment Loans
(i) for the quarter ending on the Deferred Interest Period Termination Date or
(ii) if a quarter does not end on the Deferred Interest Period Termination Date, for the period from the immediately preceding Quarterly Payment Date, as the case may be, shall be due and payable in arrears on the day immediately following the Deferred Interest Period Termination Date. After the Deferred Interest Period Termination Date, accrued and unpaid interest on the Principal amount of the First Amendment Loans and the Second Amendment Loans shall be due and payable in arrears on each subsequent Quarterly Payment Date (including, without limitation, the Quarterly Payment Date immediately following the Deferred Interest Period Termination Date). The Principal amount of the First Amendment Loans and the Second Amendment Loans, including all amounts added thereto pursuant to this Section 2.3(b)(ii), shall be payable in accordance with Section 2.2 hereof. In addition, (i) all accrued and unpaid interest on the Principal amount of the First Amendment Loans shall be due and payable upon the payment in full of the Principal of the First Amendment Loans, and (ii) all accrued and unpaid interest on the Principal amount of the Second Amendment Loans shall be due and payable upon the payment in full of the Principal of the Second Amendment Loans. For illustration purposes only, an interest calculation reflecting the application of this Section 2.3(b)(ii) to the First Amendment Loans and the Second Amendment Loans is set forth on Schedules 2.3(b)(ii) and 2.3(b)(iii), respectively, attached hereto.
Current Interest. In addition to the Deferred Interest Portion, accrued and unpaid interest on the Principal amount of the Original Loan
(i) for the quarter ending on the Deferred Interest Period Termination Date or
(ii) if a quarter does not end on the Deferred Interest Period Termination Date, for the period from the immediately preceding Quarterly Payment Date, as the case may be, shall be due and payable in arrears on the day immediately following the Deferred Interest Period Termination Date. After the Deferred Interest Period Termination Date, accrued and unpaid interest on the Principal amount of the Original Loan shall be due and payable quarterly in arrears on each subsequent Quarterly Payment Date (including, without limitation, the Quarterly Payment Date immediately following such Deferred Interest Period Termination Date). In addition, all accrued and unpaid interest shall be due and payable upon the payment in full of the Principal amount of the Original Loan. For illustration purposes only, an interest calculation reflecting the application of this Section 2.3(b)(i) to the Original Loan is set forth on Schedule 2.3(b)(i) attached hereto.
Current Interest. For a Distribution Date, (a) for Group 1, the sum of the Class A Subclass Interest Amounts and Class M Subclass Interest Amounts for the Group 1 Certificates and (b) for Group 2, the sum of the Class A Subclass Interest Amounts and Class M Subclass Interest Amounts for the Group 2 Certificates. Custodian. Citibank (West), fsb, is designated by the Trustee as the Custodian.
Current Interest. All Loans and the outstanding amount of all other Obligations shall bear interest, in the case of Loans, on the unpaid principal amount thereof from the date such Loans are made until paid in full, except as otherwise provided in SECTION 2.14(D), at a rate per annum equal to the sum of (x) the Eurodollar Rate determined for the applicable Interest Period PLUS (y) the Margin and, in the case of such other Obligations, from the date such other Obligations are due and payable until paid in full, at the Alternate Rate; PROVIDED, HOWEVER, if, for any reason, a Eurodollar Rate cannot be provided by the Lenders pursuant to SECTION 2.14(B) or 2.14