The Interest Sample Clauses
The Interest. The interest will be calculated as a daily interest on the balance of the unpaid principal according to the bank's calculation, as set forth in the commitment, starting from the day that the credit was made available, at the following rates: Interest at the rate of ___% per annum The interest constitutes adjusted interest at the rate of ___% per annum
The Interest. The unpaid principal balance of the Series B Bonds shall bear varying annual interest on the basis of the rate of the Libor interest plus 2.65% (hereinafter: the "INTEREST RATE"). The interest shall be linked to the Representative Rate of the Dollar, in accordance with the linkage terms as set out in section 5 below. The Company shall give notice on the first day of each Interest Period, as defined below, (namely, on August 21 and on February 21 of each of the years 2006 to 2014) of the interest rate for the Interest Period commencing on such date. The interest shall be paid on the 20th of August and on the 20th of February, for the six months ending on the date of each said payment (hereinafter: the "Interest Period"), commencing from August 20, 2006 to February 20, 2014, on the unpaid balance from time to time of the amount of the Principal in that Interest Period. Subject to the other terms of the Bonds, the Company shall pay said interest to whomsoever shall be the registered holders of the Bonds in the Register, at the end of the 8th of August and at the end of the 8th of February of each year preceding the date of remittance of said payment, respectively. The first payment of the interest shall be made on August 20, 2006 for the period commencing from February 23, 2006 and ending on August 20, 2006, when the Interest Rate in respect of this period shall be 3.722% (namely, 7.59% in annual terms). The last payment of the interest shall be made on February 20, 2014, together with the last payment on account of the Principal, against the return of the Bond Certificates to the Company.
The Interest. 8.3.1. The Interest shall be the Base Interest rate, as defined below (the "Base Interest") plus 1.5% annually, but shall not exceed an annual rate of 6.95% (including in the event there is additional interest, in accordance with the provisions of Section 8.13 of this Agreement) and shall not be less than an annual rate of 6.25
The Interest. The Note shall bear interest from its date, payable annually as stipulated in the Notes, at a rate per annum (on the basis of a 360 day year for the actual number of days involved) equal to eight percent. (8.00%) per annum. To the extent permitted by law, any payment of interest on the Notes not made when due shall bear interest from the date when due until payment is made at a rate per annum equal to ten percent. (10%) per annum.
The Interest. Any interest or other voting securities, or the voting rights relating thereto, of Vertex Nevada that may be owned, held or subsequently acquired in any manner, legally or beneficially, directly or indirectly, of record or otherwise, by Shareholder, other than the Interest, at any time during the term of this Agreement as a result of the ownership of the Interest whether issued incident to any split, dividend, conversion of the Interest into shares of common stock of Vertex Nevada, increase in capitalization, recapitalization, merger, consolidation, reorganization, or other transaction, shall be included within the term "Interest" as used herein and shall be subject to the terms of this Agreement.
The Interest. With respect to each Acquired Companies Annex, Seller is the sole member of each Company described in such Acquired Companies Annex, and holds such Interest free of all Encumbrances or restrictions on transfer other than (a) those arising under the Organizational Documents of the Company, (b) those arising under this Agreement, (c) those securing Taxes not yet due and payable, (d) those arising under any applicable securities Laws of any jurisdiction and (e) those described in Schedule 4.3 to the applicable Acquired Companies Annex for such Company. Seller is the only Person with an interest in the profits, losses, distributions and capital of, or other economic interest in, each Company. Each such Interest is validly issued and fully paid. Seller has good and valid title to each such Interest, free and clear of all Encumbrances other than as provided in the first sentence of Section 4.3.
The Interest. Deliver the Documents of Assignment of Interest to Buyer.
The Interest. 11.2.1 is payable at the rate from time to time set as the official cash rate, calculated on a daily basis but not compounding; and
11.2.2 will be paid on the settlement date –
(a) in the case of the interest referred to in paragraphs 11.1.1 and 11.1.2, to the Te Hiku governance entities as mutually agreed between the Te Hiku iwi by the deeds of settlement; and
(b) in the case of the interest referred to in paragraph 11.1.3, to Ngāti Kahu‟s governance entity; and
11.2.3 is subject to any tax payable.
The Interest. Existing Members are, and BOC and Resources have been at all times since the formation of the Company until transfer of the Membership Interests to the New Subsidiaries as contemplated herein, the sole owners of record and beneficially of all issued and outstanding Membership Interests, no other Person owns or holds any Membership Interest or other equity interest in the Company, including, without limitation, an economic interest in Company, an interest in the profits or losses of Company, an interest in the right to affect the management of Company or an interest in the right to receive distributions from Company, except in each case the direct and indirect shareholders, members, partners or other beneficial owners of Existing Members by virtue of their direct or indirect ownership interests in Existing Members. The issued and outstanding Membership Interests are (i) duly authorized, validly issued, fully paid and non-assessable, (ii) free of preemptive rights, and (iii) owned (legally and beneficially) by Existing Members, free and clear of any and all Liens, claims and encumbrances of any kind and nature whatsoever, including, without limitation, any restrictions on the right to vote, sell or otherwise dispose of such membership interest. Existing Members have not previously assigned, transferred or encumbered the Interest. Other than pursuant to this Agreement, there are no subscriptions, options, warrants, calls, rights, convertible securities or other agreements or commitments of any character obligating Company to issue, transfer or sell, or cause the issuance, transfer or sale of, any equity interests or other securities (whether or not such securities have voting rights) of Company. Other than pursuant to this Agreement and the Amended and Restated Operating Agreement, there are no shareholder agreements, voting agreements, management agreements, proxies or other similar agreements or understandings, whether written or oral, with respect to any direct equity interest in Company (including any Membership Interest).
The Interest. The Interest in LP represents all of the outstanding limited partnership interests in LP and is free and clear of any liens, claims, encumbrances, options, security interests or other limitations or restrictions. Xxxxxxxx Investment Chicago Limited Partnership has no interest in LP.