Accumulated Interest definition

Accumulated Interest means interest, credited no less frequently than annually, on a Member’s contributions determined as follows:
Accumulated Interest means interest on a Member's contributions credited no less frequently than annually and determined as follows:
Accumulated Interest means all the accrued and unpaid interest on the New Notes which is not paid on the first interest payment date when it is due, plus any unpaid interest thereon as provided for in the indenture governing the New Notes.

Examples of Accumulated Interest in a sentence

  • From and after [___], 2002, interest on the sum of the principal amount of each Security and the accrued and unpaid interest thereon through the Final Interest Accrual Date (the "Final Accumulated Interest Amount") will be payable semiannually (to Holders of record at the close of business on [____] or [____] immediately preceding the Interest Payment Date) on [____] and [____] of each year, commencing [____], 2003.

  • To the extent of --------------------------------- its Excess Cash (calculated as at the applicable Measurement Date), the Company shall pay to the Holders, pro rata in accordance with their respective Pro Rata Portions (calculated as at the Measurement Date), the amount of Accumulated Interest on the Notes outstanding on the Excess Cash Recapture Date.

  • Upon the occurrence of any Change of Control, each Holder shall have the right to require the repurchase of its Securities by the Company in cash pursuant to the offer described in the Indenture at a purchase price equal to 101% of the sum of principal amount thereof and the Accumulated Interest Amount thereon, plus other accrued and unpaid interest, if any, to the date of purchase (the "Change of Control Payment").

  • The Company must commence, within 30 days of the occurrence of a Change of Control, and consummate an Offer to Purchase for all Securities then outstanding, at a purchase price equal to 101% of the principal amount thereof plus the Accumulated Interest Amount, plus other accrued interest to the Payment Date.

  • To the extent that the Company is permitted to pay less than all of the then-outstanding Accumulated Interest to Holders pursuant to this subsection (c), it shall pay, in U.S. Legal Tender to the Holders, such Accumulated Interest pro rata in accordance with their respective Pro Rata Portions.


More Definitions of Accumulated Interest

Accumulated Interest means, as of any date of determination and without duplication, the aggregate amount of interest on the Securities paid or accrued since the date of the Indenture.
Accumulated Interest means all the accrued and unpaid -------------------- interest on the New Notes which is not paid, and which remains unpaid and outstanding, on any interest payment date in accordance with the payment provisions set forth in the New Indenture or in the New Notes, plus any unpaid interest thereon, as provided for in the New Indenture.
Accumulated Interest means, as of any date of determination, and with respect to either the Senior Note or the Subordinated Note, all unpaid interest accrued in respect of the indebtedness evidenced by such Note other than Current Interest.
Accumulated Interest means interest on a Member's contributions determined as follows:
Accumulated Interest means, as of any date of determination and without duplication, the aggregate amount of interest on the Securities paid or accrued since March 25, 1998.
Accumulated Interest means all the accrued and unpaid -------------------- interest on the Notes which is not paid, and which remains unpaid and outstanding, on any interest payment date in accordance with the payment provisions set forth herein or in the Notes, plus any unpaid interest thereon, as provided for in this Indenture.
Accumulated Interest means, as of any date of determination, the cumulative amount of interest referred to in the first proviso to paragraph 2 of the Senior Debenture.