Interest to Maturity Sample Clauses

Interest to Maturity. The outstanding principal balance of the Revolving Loans (other than Overdraft Loans and Over Advances) shall bear interest to maturity at the Reference Rate in effect from time to time plus one and one-half percent (1.5%) per annum.
AutoNDA by SimpleDocs
Interest to Maturity. The unpaid principal balance of the Revolving Loans (other than Overdraft Loans and Over Advances) shall bear interest to maturity at a per annum rate equal to the Reference Rate in effect from time to time plus 1.75%.
Interest to Maturity. The unpaid principal balance of the Revolving Loans shall bear interest to maturity at the Reference Rate in effect from time to time plus the Margin (defined below). When used in this Section 3.1(a), "Margin" means (i) until September 30, 1995, one and one quarter percent (1.25%) per annum, (ii) from and after September 30, 1995, unless clause (iii) below shall be applicable, one percent (1%) per annum and (iii) after Borrower delivers to Lender the audited financial statements described in Section 5.1.1(a) of the Loan Agreement for Fiscal Year 1995, (x) if Borrower's consolidated net earnings before interest expense and provision for Taxes for Fiscal Year 1995 is equal to or greater than Borrower's consolidated net earnings before interest expense and provision for Taxes for Fiscal Year 1994, one-half of one percent (.50%) per annum or (y) if Borrower's consolidated net earnings before interest expense and provision for Taxes for Fiscal Year 1995 is less than Borrower's consolidated net earnings before interest expense and provision for Taxes for Fiscal Year 1994, one percent (1%) per annum; provided, however, that, if and to the extent that clause (iii)(x) above is applicable, if any Event of Default or Unmatured Event of Default shall have occurred and be continuing, the Margin shall equal one percent (1%) per annum during the continuance of such Event of Default or Unmatured Event of Default.
Interest to Maturity. Unless Borrower elects to have a portion of the Loans bear interest at the LIBOR Rate, each Loan shall be deemed to be a Floating Rate Loan and the unpaid principal amount thereof (other than Overdraft Loans and Over Advances) shall bear interest until maturity at a per annum rate equal to the Floating Rate.
Interest to Maturity. Unless Borrower elects to have a portion of the Revolving Loans bear interest at the IBOR Rate, each Revolving Loan shall be deemed to be a Base Rate Loan and the unpaid principal amount thereof shall bear interest until maturity at a per annum rate equal to the Base Rate.
Interest to Maturity. (x) To the extent that the outstanding principal balance of the Revolving Loans (other than Overdraft Loans and Over Advances) plus the outstanding principal balance of all "Revolving Loans" (other than "Overdraft Loans" and "Over Advances") (as each such term is defined in each Other Loan Agreement) is less than or equal to $5,400,000, such portion of the outstanding principal balance of the Revolving Loans shall bear interest to maturity at the Reference Rate in effect from time to time plus one and one-half percent (1.5%) per annum, and
Interest to Maturity. The unpaid principal balance of the Revolving Loans (other than Overdraft Loans and Over Advances) shall bear interest to maturity at a per annum rate equal to the Floating Rate; provided, that pursuant to the provisions of Section 3.1.1(c), below, from time to time Borrower may elect to have all or any portion of the Revolving Loans bear interest at the LIBOR Rate.
AutoNDA by SimpleDocs
Interest to Maturity. The unpaid principal balance of the Loans shall bear interest to maturity at 11% per annum.

Related to Interest to Maturity

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

  • Interest After Maturity Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

  • Prior to Maturity Except as otherwise provided in Section 2.9(b), prior to maturity, the Loans shall bear interest on the outstanding principal balance thereof at the applicable interest rate or rates per annum set forth below: ADVANCES RATE Each ABR Advance Alternate Base Rate. Each Eurodollar Advance Eurodollar Rate for the applicable Eurodollar Interest Period plus the Applicable Margin. Each Competitive Bid Loan Bid Rate applicable thereto for the applicable Competitive Interest Period.

  • Original Terms to Maturity The original term to maturity of substantially all of the Mortgage Loans included in the Mortgage Pool shall be between 20 and 30 years.

  • Yield to Maturity 8 ARTICLE TWO

  • Final Maturity The Stated Maturity Date for any Note will be the date so specified in the Supplement, which shall be no later than 397 days from the date of issuance. On its Stated Maturity Date, or any date prior to the Stated Maturity Date on which the particular Note becomes due and payable by the declaration of acceleration, each such date being referred to as a Maturity Date, the principal amount of each Note, together with accrued and unpaid interest thereon, will be immediately due and payable.

  • Constant Maturity Swap Rate Notes If the Interest Rate Basis is the Constant Maturity Swap Rate, this Note shall be deemed a “Constant Maturity Swap Rate Note.” Unless otherwise specified on the face hereof, “Constant Maturity Swap Rate” means: (1) the rate for U.S. dollar swaps with the designated maturity specified in the applicable pricing supplement, expressed as a percentage, which appears on the Reuters Screen (or any successor service) ISDAFIX1 Page as of 11:00 A.M., New York City time, on the particular Interest Determination Date; or (2) if the rate referred to in clause (1) does not appear on the Reuters Screen (or any successor service) ISDAFIX1 Page by 2:00 P.M., New York City time, on such Interest Determination Date, a percentage determined on the basis of the mid-market semiannual swap rate quotations provided by the reference banks (as defined below) as of approximately 11:00 A.M., New York City time, on such Interest Determination Date, and, for this purpose, the semi-annual swap rate means the mean of the bid and offered rates for the semi-annual fixed leg, calculated on a 30/360 day count basis, of a fixed-for-floating U.S. dollar interest rate swap transaction with a term equal to the designated maturity

  • Maturity As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the Maturity Date thereof.

  • Maturity Dates Unless previously terminated in accordance with the terms of this Agreement, the Commitments shall terminate on the Maturity Date.

  • Post-Maturity Rates After the date any principal amount of any Loan is due and payable (whether on the Revolving Commitment Termination Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Base Rate plus a margin of 2.00%.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!