Agreed Interest definition

Agreed Interest means interest calculated daily at a rate of LIBOR plus [*****] accruing daily and compounding monthly for the period from the due date for payment specified in this Agreement up to and including the date of payment;

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Agreed Interest means interest at the rate of 2% above the base rate of Danske Bank published from time to time compounded quarterly or at the rate of 10% per annum compounded quarterly whichever is the greater.

Agreed Interest means a simple interest rate of 5% per annum based on the actual number days elapsed in a 365-day year basis

Examples of Agreed Interest in a sentence

• If any rent or other sum due from Tenant remains delinquent for a period in excess of thirty (30) days then, in addition to such late charge, Tenant shall pay to Landlord interest on any rent that is not paid when due at the Agreed Interest Rate specified in Section 19.J following the date such amount became due until paid.

• If the Assignor and the Assignee agree that the Payment Date for such Eurodollar Loan shall be the Effective Date, they shall agree to the interest rate applicable to the portion of such Loan assigned hereunder for the period from the Effective Date to the end of the existing Interest Period applicable to such Eurodollar Loan (the "Agreed Interest Rate") and any interest received by the Assignee in excess of the Agreed Interest Rate shall be remitted to the Assignor.

• For purposes of computing damages pursuant to California Civil Code Section 1951.2, (i) an interest rate equal to the Agreed Interest Rate shall be used where permitted, and (ii) the term “rent” includes Base Monthly Rent and Additional Rent.

• For purposes of computing damages pursuant to California Civil Code Section 1951.2, (i) an interest rate equal to the Agreed Interest Rate shall be used where permitted, and (ii) the term "rent" includes Base Monthly Rent and Additional Rent.

• All rent due hereunder, if not paid when due, shall bear interest at the rate of the Reference Rate published by Bank of America, San ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, plus two percent (2%) per annum from that date until paid in full ("Agreed Interest Rate").

More Definitions of Agreed Interest

Agreed Interest means, with respect to any Quarterly Date, the amount of interest which would have accrued had the unpaid principal of any Domestic Loan from time to time outstanding during the period from the Closing Date to but not including such Quarterly Date borne interest each day during such period at the Domestic Rate in effect for such Domestic Loan on each such day. "Amortization" means at any time the quotient obtained from dividing the Principal Debt by seven (7). "Approved Purposes" mean (a) the payment of expenses incurred in the operation by Borrower and the Subsidiaries of the Permitted Businesses and (b) the payment of a portion of the acquisition costs to be incurred by Borrower to purchase all of the issued and outstanding capital stock in ABC. "Article" and "Articles" have the meanings set forth in Section 10.2. "ASB" means Azle State Bank. "Bank" means First State Bank, National Association, a national banking association.

Agreed Interest means with respect to any Interest Payment Date, the amount of interest which would have accrued had the unpaid principal of this Note from time to time

Agreed Interest means interest, compounded monthly, at the rate per annum equal to the prime rate published by The Wall Street Journal, or by the Federal Reserve if The Wall Street Journal is not published, on the first business day of the month in which payment is due, and afterwards on the first business day of each succeeding month, plus three percentage points. If the aforesaid rate is contrary to any applicable usury Law, the interest rate will be the maximum rate permitted by Law.

Agreed Interest. Interest at rate of 150% (1.5 times) the rate of interest (including commissions and expenses) demanded by the Bank (Branch 609) in respect of unauthorized withdrawals on revolving credit business accounts, where the calculation of such interest will be done in the manner and according to the method by which the aforesaid Bank (Branch 609) calculates interest during the period in which "the agreed interest" (including compound interest) is payable pursuant to this Contract. Written confirmation from the aforesaid Bank (Branch 609) with regard to the aforesaid rate of interest at that branch will constitute conclusive proof of the fact. In the case of a default in payment of up to seven days, the rate of "the agreed interest" will be the same as the rate of interest demanded by the aforesaid Bank in respect of an unauthorized withdrawal on such account.

Agreed Interest in shekels at the annual rate of Prime as is INTEREST" customary in Bank HaPoalim.

Agreed Interest has the meaning set out in clause 15.6;

Agreed Interest the interest rate of 5.5% per annum, payable by the Assignee to Clear in cash and/or Common Shares of Pluris Nevada at the sole discretion of Clear, any amounts of which if paid in Common Shares of Pluris Nevada shall be payable by the Assignee to Clear at the VWAP. The Agreed Interest shall be applicable to the payments of the Second Installment and the Third Installment during the Agreed Interest Period before the First and Second Anniversary, respectively.