Alternative Interest definition

Alternative Interest means such interest in land permitted by Homes England (in its absolute discretion) in writing in respect of a Capital Firm Scheme (other than a Single Claim Scheme) pursuant to Clause 17 (Capital Grant Claim Procedures); Alternative Purpose has the meaning ascribed to it in Clause 14.15 (Operational Obligations);
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Examples of Alternative Interest in a sentence

  • It is hereby declared and agreed that in the event that the LIBOR Rate ceases to exist and/or to be published, the provisions of Section 12.2 of the Account Management booklet shall apply, and the Alternative Interest Rate shall replace the LIBOR Rate both in this document and in any document of the Bank (including the Terms and Conditions of Engagement as defined in Section 33.3 above).

  • See "Alternative Interest Coverage Ratio — Cash Provided by Operating Activities" below.

  • The Calculation Agent shall, on receipt of an Alternative Interest Amount Payment Notice, send a copy of such Alternative Interest Amount Payment Notice to the Agent and the Registrar.

  • We may defer payments that we elect, or are required, to make pursuant to the Alternative Interest Satisfaction Mechanism should we fail to have a sufficient number of Ordinary Shares available for issue.

  • The Independent Adviser shall also determine any technical, administrative or operational changes required to ensure the proper operation of a Successor Interest Base or an Alternative Interest Base or to reflect the adoption of such Successor Interest Base or Alternative Interest Base in a manner substantially consistent with market practice (" Interest Base Amendments").

  • If, in respect of a Note (a USD Interest Affected Note), the relevant Noteholder fails to deliver an Alternative Interest Amount Payment Notice as provided above, in lieu of paying the relevant Alternative Interest Amount, the Issuer shall pay or procure the payment of the USD Alternative Interest Amount on the Alternative Interest Amount Payment Date.

  • Provided that a Successor Interest Base or (if there is no Successor Interest Base) an Alternative Interest Base and, in each case, the applicable Adjustment Spread and any Interest Base Amendments have been determined no later than ten Business Days prior to the relevant Quotation Day in relation to the next succeeding Interest Period for a Loan, they shall become effective with effect from and including the commencement of the next succeeding Interest Period for such Loan.

  • Revenue Variables Return on AssetsNet Income / Average Assets+9.2 (7.3)EfficiencyOperational Expense / Financial Margin+82.4 (51.8)MonitoringManagerial Expense / Average Assets+/−3.9 (1.6)Cost Variables Debt PerformanceProductive Assets / Expense on Liabilities+/−130.0 (33.1)Delinquency CostDelinquency Rate−4.9 (2.7)Capital ReservesCapital Provisions / Delinquent Loans+/−305 (2,105)Control Variables Alternative Interest RateAvg.

  • Without derogating from the aforesaid, it is represented and agreed that in any event where at any time the Bank determines (and any such determination shall bind the Customer for all intents and purposes) that the Bank does not have suitable means for determining the LIBOR Rate (or the Alternative Interest Rate) as provided in this Section 64 above, the Bank shall determine the rate in consultation with economic experts chosen by the Bank.

  • Figure 5.11: Paths of Variables under ISTR The macroeconomic performances for the alternative rules discussed above and the CTTR are given in Table 5.3.Table 5.3: Macroeconomic Performances under Alternative Interest Rules The alternative interest rate rule analysis shows the main results found under the CTTR are robust under the alternatives rules considered.

Related to Alternative Interest

  • Derivative Interest means any derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of the underlying equity increases, including, but not limited to, a long convertible security, a long call option and a short put option position, in each case, regardless of whether (i) such interest conveys any voting rights in such security, (ii) such interest is required to be, or is capable of being, settled through delivery of such security or (iii) transactions hedging the economic effect of such interest.

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;