Interest and Additional Payments Sample Clauses

Interest and Additional Payments. On each Payment Date, the amount of interest that will accrue on the outstanding Notes during the related Accrual Period is equal to: • one-twelfth (1/12) of the Class Coupon, multiplied by • the Class Principal Balance of the Notes immediately prior to such Payment Date. Interest on the Notes shall be calculated and payable on the basis of a 360-day year consisting of twelve 30-day months. Interest shall be payable in arrears. In addition to the interest payable on the Notes on each Payment Date as specified above, to the extent that a prepayment premium or yield maintenance charge is due with respect to Freddie Mac’s guarantee of the related tax-exempt bond financing or, in the case of supplemental loans, interest collected, Freddie Mac shall also pay on each Payment Date an amount determined with reference to a specified portion of such premium or charge that is received by or on behalf of the related servicer on each Reference Obligation during the related Reporting Period. The portion of such premiums and charges payable on the Notes on each Payment Date shall be an amount equal to the pro rata share of the total of such premiums and charges based on the Class Notional Amounts of the Class A-H and Class B Reference Tranches immediately prior to such Payment Date.
Sample 1
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Interest and Additional Payments. On each Payment Date, the amount of interest that will accrue on the outstanding Notes during the related Accrual Period is equal to: • one-twelfth (1/12) of the Class Coupon, multiplied by • the Class Principal Balance of the Notes immediately prior to such Payment Date. Interest on the Notes shall be calculated and payable on the basis of a 360-day year consisting of twelve 30-day months. Interest shall be payable in arrears. In addition to the interest payable on the Notes on each Payment Date as specified above, to the extent that:
Sample 1
Interest and Additional Payments. On each Payment Date, the amount of interest that will accrue on the outstanding Notes during the related Accrual Period is equal to: • one-twelfth (1/12) of the Class Coupon, multiplied by • the Class Principal Balance of the Notes immediately prior to such Payment Date. Interest on the Notes shall be calculated and payable on the basis of a 360-day year consisting of twelve 30-day months. Interest shall be payable in arrears. In addition to the interest payable on the Notes on each Payment Date as specified above, to the extent that a prepayment premium or yield maintenance charge is due with respect to Xxxxxxx Mac’s guarantee of the related tax-exempt bond financing or, in the case of supplemental loans, interest collected, Xxxxxxx Mac shall also pay on each Payment Date an amount equal to a specified percentage of such premium or charge that is payable to Xxxxxxx Mac and that is actually collected by or on behalf of the related servicer on each Reference Obligation during the related Reporting Period. The percentage of such premiums and charges payable on the Notes on each Payment Date shall be equal to 50% of the total of such premiums and charges.
Sample 1
Interest and Additional Payments. During the Extended Period, the
Sample 1
Interest and Additional Payments. During the Extended Period, the unpaid amount of the Note shall bear interest at 12% per annum. This interest shall be paid currently on the last day of each month that the unpaid principal is outstanding. In the event of a default in this Second Note Modification Agreement, interest on the outstanding balance of the Note shall be increased to 15%.
Sample 1

Related to Interest and Additional Payments

  • Additional Payments Any sums expended by Agent or any Lender due to any Borrower’s failure to perform or comply with its obligations under this Agreement or any Other Document including any Borrower’s obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1 hereof, may be charged to Borrowers’ Account as a Revolving Advance and added to the Obligations.

  • No Additional Payments There is no obligation on the part of the Company or any other party to make payments in addition to those made by the Mortgagor;

  • Interest and Principal Payments Holders shall be entitled to receive, and Borrower shall pay, simple interest on the outstanding principal amount of this Note at the annual rate of eight percent (8%) (as subject to increase as set forth in this Note) from the Original Issue Date through the Maturity Date. Principal and interest shall be due and payable on the Maturity Date.

  • Interest and Late Charges If Tenant fails to pay when due any Rent or other amounts or charges which Tenant is obligated to pay under the terms of this Lease, the unpaid amounts shall bear interest at the maximum rate then allowed by law. Tenant acknowledges that the late payment of any Monthly Installment of Base Rent will cause Landlord to lose the use of that money and incur costs and expenses not contemplated under this Lease, including without limitation, administrative and collection costs and processing and accounting expenses, the exact amount of which is extremely difficult to ascertain. Therefore, in addition to interest, if any such installment is not received by Landlord within ten (10) days from the date it is due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of such installment. Landlord and Tenant agree that this late charge represents a reasonable estimate of such costs and expenses and is fair compensation to Landlord for the loss suffered from such nonpayment by Tenant. Acceptance of any interest or late charge shall not constitute a waiver of Tenant's default with respect to such nonpayment by Tenant nor prevent Landlord from exercising any other rights or remedies available to Landlord under this Lease.

  • ADDITIONAL PAYMENT OBLIGATIONS 15. Tax gross-up and indemnities

  • Interest and Charges 7.1 If we do not receive your full payment of the current balance specified in the statement of account on or before the payment due date, you must pay daily interest at the rate of (i) S$3.00 per month or (ii) at the retail interest rate or cash interest rate (where applicable) as set out in the statement of account, whichever is the greater, on:-

  • Additional Payment In addition to any Spousal Support, in the event of Divorce: (check one) ☐ - There shall be No Additional Payment made by either Spouse to the other than those listed in this Agreement. ☐ - There shall be an Additional One (1) Time payment in the amount of $ made by the ☐ Husband ☐ Wife to the ☐ Husband ☐ Wife (“Additional Payment”). The Additional Payment shall be made within thirty (30) days after a divorce judgment, decree, or similar document that certifies the Divorce. ☐ - Other. .

  • Interest and Payments Borrower shall make payments in accordance with the Note at the rate set forth in the Note.

  • Interest and Repayment The Borrower shall repay, and shall pay interest on, the aggregate unpaid principal amount of the Loan in accordance with the Note, evidencing the indebtedness resulting from such Loan and delivered to the Lender pursuant to Article II.

  • Interest and Interest Rate (a) The Designated Securities will bear interest from March 1, 2019 or from the most recent date through which the Issuer has paid or provided for interest on the Designated Securities at an annual rate of 5.520%.

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