Examples of Cash Interest in a sentence

Each Interest Election Notice must specify the amount of Interest that shall be paid as Cash Interest, if any, and the amount of Interest that shall be paid in Interest Shares.
Notwithstanding the foregoing, the Company shall not be entitled to pay Interest in Interest Shares and shall be required to pay such Interest in cash as Cash Interest on each Interest Date if, unless consented to in writing by the Holder, during the period commencing on the applicable Interest Notice Due Date through the applicable Interest Date, the Equity Conditions have not been satisfied.
Any amounts not paid by the due date will be deemed delinquent and will accrue interest at the Cash Interest Rate, such interest to be calculated from and including the due date to but excluding the date the delinquent amount is paid in full.
The Company and Holder agree to adjust the foregoing formula, in good-faith, in the event that the formula does not represent the intent of the Cash Interest True-Up Amount.
Notwithstanding the foregoing, the Company shall not be entitled to pay Interest in Interest Shares and shall be required to pay such Interest in cash as Cash Interest on the applicable Interest Date if, unless consented to in writing by the Holder, during the period commencing on the applicable Interest Notice Due Date through the applicable Interest Date the Equity Conditions have not been satisfied.

More Definitions of Cash Interest

Cash Interest means any interest on the Notes payable in cash.

Cash Interest has the meaning provided in Section 2.04(a).

Cash Interest shall have the meaning specified in Section 2.03(c)(i).

Cash Interest means any interest on the Securities paid in cash.

Cash Interest shall have the meaning provided in Section 4.4(b).

Cash Interest means the interest imposed on Cash Advance transaction(s) at the rate prescribed herein or such other rate as may be amended by the Bank from time to time, which is calculated on a daily basis from transaction date until fill final repayment date;

Cash Interest has the meaning set forth in Section 3.2.