Bonus Interest definition
Bonus Interest means an amount calculated in accordance with this Product Schedule and the relevant Operation Materials or as otherwise notified to you from time to time.
Bonus Interest means any interest you earn in addition to prevailing interest when you satisfy a Sync Account requirement, subject to bonus interest rates as may be varied from time to time and determined by us.
Bonus Interest means the MortgageSaver Bonus Interest as explained in clause 2 of these terms and conditions.
Examples of Bonus Interest in a sentence
Bonus Interest: Bonus interest will be paid to certificate holders who apply the funds in the certificate toward a home financed with Mortgage Center.
Bonus interest is only paid if you meet the Bonus Interest Rate Requirements stated in the rate sheet.
For the avoidance of doubt, any crediting of salary through other methods (such as cheque or cash deposits, FAST transfers and telegraphic transfers) will not qualify for the Salary Bonus Interest.
The Salary Bonus Interest will be credited into the HSBC eFlexi Account two calendar months after the calendar month in which the Salary Crediting takes place.
Within 10 business days of receipt of such Quarterly Expense Reports, the Purchaser will remit to the Company the amounts collected but not previously distributed to the Company in the Blocked Account less (i) any due and unpaid interest, principal and fees on the Note and (ii) the Performance and Bonus Interest then due and payable.
More Definitions of Bonus Interest
Bonus Interest means the prevailing bonus interest which is payable on the Account pursuant to the Standard Terms.
Bonus Interest means additional interest payable by the Borrowers (as such term is defined in the HSL Loan Agreement) in an amount equal to
Bonus Interest means additional interest payable by the Borrowers (as such term is defined in the HSL Loan Agreement) in an amount equal to $1,000,000 in the event that the sum of the Baseline Amount plus the Contingent Payments exceeds $100,000,000, plus an additional amount equal to $100,000 for every $10,000,000 the sum of the Baseline Amount plus the Contingent Payments exceeds $100,000,000, in each case in accordance with the terms of the HSL Loan Agreement.
Bonus Interest means an additional rate of interest you will earn each month in which you increase your Account balance by $200.00 or more • Bonus Interest is available on balances up to a maximum $250,000. To determine if you are eligible for Bonus Interest in a month, we will calculate the difference between the closing balance on the last business day of the previous month and the closing balance on the last business day of the current month. The closing balance at the end of the current month excludes Base Interest credited from the current month, Bonus Interest credited from the previous month and any withdrawal or transfer fees. • Bonus Interest is calculated on the daily account closing balance and paid monthly on the second business day of the following month. Bonus Interest is calculated from the first business day of the month, regardless of which day you may have qualified for Bonus Interest. • You will not qualify for Bonus Interest and will only earn Base Interest on your Account balance:
Bonus Interest the bonus interest payable by New Alternative to YF Life on top of the Base Interest in accordance with the terms of the AHF/I Agreement “Business Day(s)” a day (other than a Saturday or Sunday) on which banks are open for general business in Hong Kong “Company” Yunfeng Financial Group Limited, a company incorporated in Hong Kong with limited liability whose shares are listed on the Main Board of the Stock Exchange (stock code: 376) “connected person” has the same meaning as ascribed to it under the Listing Rules “controlling shareholder” has the same meaning as ascribed to it under the Listing Rules “Director(s)” director(s) of the Company
Bonus Interest. Apart from and on top of the Base Interest, YF Life is entitled to the Bonus Interest, which shall be calculated as follows: • (Total Investment Return – Total Utilised Amounts) x 80% – Base Interest • Total Investment Return: the total amount of return generated from the Investments, including but not limited to (i) interest income, (ii) dividends (including scrip dividends), and (iii) proceeds from the disposals of the Investments received, such amounts as determined based on the audited accounts (consolidated where applicable) of New Alternative and all SPVs concerned. • Total Utilised Amounts: the total aggregate amounts of drawdowns of the Facility made by New Alternative pursuant to the AHF/I Agreement. The Bonus Interest is not payable if the resulting amount of the above formula is a negative figure. The interest provisions in the AHF/I Agreement, which include the Base Interest and the Bonus Interest as described above, are structured in a way so that New Alternative shall pay at least the Base Interest, being simple interest rate of 5.5% per annum on the Outstanding Amount and also, where applicable, the Bonus Interest. Therefore, YF Life may receive, in total, interest income that represents 80% of the net return from the Investments.
Bonus Interest shall have the meaning ascribed to it in section 4(c) herein;