Fixed Interest. Default Risks of borrowers (deposits and bonds); Terms and conditions when lending (senior, subordinated, convertible, definitions of default etc); Range of maturities (diversity across time); Liquidity (ability to sell mid-term); Return offered based on the risks above.
Fixed Interest. Fixed interest shall accrue on the principal balance outstanding hereunder at the rate of 8.5% per annum during the period from and including the date hereof through and including the payment in full of the principal balance of the Note (the "FIXED INTEREST"). Fixed Interest shall be payable in arrears on the last day of each March, June, September and December commencing on June 30, 1997. Fixed Interest shall be computed on the basis of a 360-day year of twelve 30-day months. Each Maker acknowledges that the Fixed Interest shall be calculated on an aggregate basis and that each Maker shall be jointly and severally liable for the payment of the entire amount of Fixed Interest.
Fixed Interest. (a) Fixed Interest shall accrue and compound on a daily basis from the applicable Funding Date and shall be computed on the basis of a 360-day year of twelve (12) thirty (30)-day months and the actual days elapsed.
(b) With respect to each Interest Payment Period, Fixed Interest on each Loan shall be payable by Borrower to Lender in arrears as follows:
(i) During the period commencing on the Tranche A Funding Date and ending on the Interest Payment Date that is thirty-six (36) months after the Tranche A Funding Date occurs, on each Interest Payment Date, (A) an amount equal to the Cash Amount calculated with respect to the preceding Interest Payment Period shall be due and payable and (B) an amount equal to the Deferred Interest Amount calculated with respect to such Interest Payment Period shall be added to the Outstanding Principal Balance on and capitalized as of such Interest Payment Date.
(ii) During the period commencing after the thirty-sixth (36th) Interest Payment Date after the Tranche A Funding Date occurs and ending on the applicable Maturity Date, Fixed Interest calculated with respect to the preceding Interest Payment Period shall be due and payable in full on each Interest Payment Date.
(c) Notwithstanding anything to the contrary herein, in the event of any repayment or prepayment of any Loan (including principal payments due under Section 3.01), accrued Fixed Interest on the principal amount repaid or prepaid through and including the date of repayment or prepayment shall be payable on the date of such repayment or prepayment. CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT UNDER RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
Fixed Interest. The Borrower(s) agree store pay the loan amount at the rate fixed for the entire tenure of the loan as given in Schedule I(h) of the agreement in equated monthly installments (EMI) stated in Schedule I (f) of the agreement.
Fixed Interest. The applicable fixed interest to the Principal shall be an annually accrued fixed rate of 8% (the "Fixed Interest"), which shall be calculated based on a 360 days year and shall be due and payable on the Maturity Date (as defined in clause 3 below). The Fixed Interest shall be added to the Principal and considered for the purposes of capitalizing the Loan, excluding any withholding tax to be applied to the Fixed Interest.
Fixed Interest rate for paragraph 1 (1) of this article: The interest shall be calculated from the actual date of the borrow and the actual amount and the days used. Interest calculation formula: interest = principal * actual days * day interest rate. The calculation base of daily interest rate is 360 days a year, and the conversion formula is: daily interest rate = annual interest rate / 360.
Fixed Interest. (1) If it is noted in the interest clause of the deposit application that fixed interest shall be paid in respect of any deposit period or in respect of one or more of the deposit periods, the deposit principal shall bear, for the said period, fixed interest at the rate noted in the deposit application.
(2) The interest shall be computed on the number of days in the deposit period or in the fixed interest period, as the case may be, divided by 365 or 366, in accordance with the number of days in the year in which the said period falls. If part of the period is in a 365 day year and the other part in a 366 day year, the computation shall be made in respect of each part separately, in accordance with the number of days in the year in which such part of the deposit period falls.
Fixed Interest. (a) Fixed Interest on the unpaid principal amount of this Note outstanding from time to time shall accrue at a rate of 17% per annum from the date hereof until September 15, 2009 and, except as set forth in this Section 2.01(a) and Section 3.02 hereof, shall not be payable until October 8, 2009. Fixed Interest shall be computed on the basis of a 360-day year of twelve 30-day months. The outstanding principal amount of this note shall increase on each April 1 and October 1 (each, an "Interest Payment Date") of each year beginning on April 1, 2003, or if any such day is not a Business Day, on the preceding Business Day, by an amount equal to the Fixed Interest accrued thereon from and including the immediately preceding Interest Payment Date, or, if none have occurred, since the date of original issuance, to, and including, such Interest Payment Date unless such Fixed Interest is paid in cash pursuant to the following sentence of this Section 2.01(a). If, on any Interest Payment Date after the Initial Operating Date, the Release Condition has been satisfied, the Authority shall pay, in cash, the amount of Fixed Interest that has accrued on this Note since the immediately preceding Interest Payment Date to, but not including, such Interest Payment Date in arrears in compliance with Section 3 hereof.
Fixed Interest. Fixed Interest will accrue on the unpaid principal balance of each Note from the applicable Borrowing Date, at the rate of [***CONFIDENTIAL TREATMENT REQUESTED, PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION***], and is payable in accordance with Section 2.2 commencing on the Distribution Date occurring in the first calendar month following the applicable Borrowing Date. If
Fixed Interest. Fixed Interest" means, prior to January 1, 1998, the amount of interest computed at the Minimum Fixed Interest Rate and, after December 31, 1997, the greater of the amount of interest computed at the Minimum Fixed Interest Rate or the amount of interest computed at the Coverage Interest Rate.
