Examples of Accretion Date in a sentence
A Stabilization Fee (measured as of the Pre-Transfer Accretion Date) will be payable to MEFA as provided in Section 5.03 of the Enrollment Agreement and will be deducted from the purchase price paid to the Owner.
The price at which a Tuition Certificate will be purchased from the Owner will be the Accreted Amount of such Tuition Certificate on the Pre-Transfer Accretion Date at the Standard Accrual Rate.
If the Transfer Date is not an August 1, any transferee may be required to pay or assign to MEFA the interest accrued on the Tuition Certificate from the Pre-Transfer Accretion Date to the Transfer Date.
The Compound Accreted Amount of the Capital Appreciation Bonds of each maturity as of each Interest Accretion Date shall be set forth in Exhibit A to the Certificate of Award.
Any Capital Appreciation Bonds shall bear interest from the Closing Date at the compounding rate or rates of interest per year (computed on the basis of a 360-day year consisting of twelve 30-day months), accrued and compounded on each Interest Accretion Date and payable at maturity, that will result in the aggregate Maturity Amounts payable at maturity, as shall be specified by the Treasurer in the Certificate of Award.