Case Interest Rate definition
Examples of Case Interest Rate in a sentence
As part of the Plan, interest will accrue on these Claims from the Petition Date to the Effective Date, at the Case Interest Rate of 6.28%, compounded annually on each anniversary of the Petition Date.
Each Allowed Unsecured Claims in Class 4 shall include interest thereon from the Petition Date through the Effective Date at the Case Interest Rate, and such fees, costs and expenses (including liquidated damages or prepayment penalties), but only to the extent such fees, costs and expenses are allowable under applicable law.
Each Allowed Unsecured Claim in Class 4 shall include interest thereon from the Petition Date through the Effective Date at the Case Interest Rate, and such fees, costs and expenses (including prepayment penalties or liquidated damages), but only to the extent such fees, costs and expenses are Allowable under applicable law.
The payments to Class 4 Claimants will include post-petition interest at the Case Interest Rate of 6.28% (the federal judgment rate as of the Petition Date), compounded annually on each anniversary of the Petition Date.
The Case Interest Rate is the Federal judgment rate in effect on the Petition Date (6.28%), which amount is compounded annually on each anniversary of the Petition Date.