Examples of Additional Interest Amount in a sentence
The Additional Interest Amount accrued up to any Interest Payment Date shall be added, for the purpose only of calculating the Additional Interest Amount accruing thereafter, to the Amount in Arrears remaining unpaid on such Interest Payment Date so that it will itself become an Amount in Arrears.
In the event the above-mentioned requirements are met, the Issuer will give prompt notice, and in any event not to exceed three Business Days thereof, to the Noteholders of any date on which any Amount in Arrears or any Additional Interest Amount will be payable and the amounts payable on such date.
Each amount of Arrears of Interest shall bear interest (as if it constituted the principal of the Subordinated Notes) at the Rate of Interest from time to time applicable to the Subordinated Notes (an "Additional Interest Amount").