Cash Interest Amount definition

Cash Interest Amount means, subject to the provisions of Sections 2.07 and 9.09, with respect to any Interest Payment Date occurring after the First Amendment Effective Date, (a) prior to the Crack Spread Hedge Unwind Date (i.e. before the Original Loans are divided into Tranche A Loans and Tranche B Loans), with respect to any of the Original Loans, and (b) on and after the Crack Spread Hedge Unwind Date and before the Applicable Margin Covenant Compliance Date, with respect to the Tranche B Loans only, on which the Borrower has exercised its option to add the Capitalized Interest Amount to the principal of the Original Loans (or Tranche B Loans, as applicable) on such Interest Payment Date, that portion of the interest accrued on the outstanding principal amount of the Original Loans (or the Tranche B Loans, as applicable) to such Interest Payment Date as would have accrued at the rate of (i) with respect to any Eurodollar Loan, the Adjusted LIBO Rate plus 7.50% per annum (or 9.50% per annum during the Leverage Step-Up Period, if any), provided, however, that, for purposes of this clause (i), if the Adjusted LIBO Rate shall be below 3.25% per annum on any day, then the Adjusted LIBO Rate for such Interest Period shall be deemed to 3.25% for such day, or (ii) with respect to any ABR Loan, the Alternate Base Rate plus 6.50% per annum (or 8.50% per annum during the Leverage Step-Up Period, if any), provided, however, that, for purposes of this clause (ii), if the Alternate Base Rate shall be below 4.25% per annum on any day, the Alternate Base Rate shall be deemed to be 4.25% per annum for such day. The Cash Interest Amount will be determined and calculated in accordance with this definition and the provisions of Section 2.06.
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Cash Interest Amount means, as of any date, the portion of the aggregate outstanding accrued and unpaid interest in respect of the Loans that shall have accrued at the Cash Interest Rate under Section 2.07(a)(i); provided, that, at any time (including during any period between Quarterly Interest Payment Dates) that interest on the Loans are accruing at the Post-Default Rate, the Cash Interest Amount means the portion of the aggregate outstanding accrued and unpaid interest in respect of the Loans that shall have accrued at (i) the Cash Interest Rate plus (ii) 5.00% under Section 2.07(b).
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Cash Interest Amount means the maximum amount of Available Funds available to be paid by the Borrower to the Lender on an Interest Payment Date after setting aside the amount of Cash needed in order to satisfy the Minimum Liquidity Headroom Requirement on such Interest Payment Date, and provided always that such amount shall not exceed an amount equal to the Cash Interest payable on such Interest Payment Date;
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Examples of Cash Interest Amount in a sentence

  • Subject to section2.3(e), in respect of such part of the Interest that accrued on the Notional Note Principal Amount of a Note during an Interest Period at the Cash Interest Rate ( Cash Interest Amount), the Cash Interest Amount will be paid by the Company in cash on the relevant Interest Payment Date.

  • If any part of the Cash Interest Amount is capitalised as contemplated in section2.3(e), the Company may, if permitted pursuant to the terms of the Intercreditor Deed, subsequently on an Interest Payment Date pay some or all of that Cash Interest Amount in cash, in which case the Notional Note Principal Amount and Note Principal Amount is reduced by an amount equal to the cash paid.

  • Subject to Section4.1.2(c)(v), in respect of such part of the Interest that accrued on the Notional Note Principal Amount of a Note during an Interest Period at the Cash Interest Rate ( Cash Interest Amount), the Cash Interest Amount will be paid by the Company in cash on the relevant Interest Payment Date.

  • Transfer into the DSRA of an amount equal to (A) the Monthly Tranche A Cash Interest Amount for any previous month falling within the Interest Period in which the relevant Monthly Payment Date falls less (B) the actual amount paid into the DSRA in fulfilment of point 3 above for that month.

  • If any part of the Cash Interest Amount is capitalised as contemplated in Section4.1.2(c)(v), the Company may, if permitted pursuant to the terms of the Intercreditor Deed, subsequently on an Interest Payment Date pay some or all of that Cash Interest Amount in cash, in which case the Notional Note Principal Amount and Note Principal Amount is reduced by an amount equal to the cash paid.

  • Transfer into the DSRA an amount equal to: (a) the Quarterly Tranche A Cash Interest Amount (as defined in the Cash Account Management Agreement); less (b) the amount contained in the DSRA on the relevant Monthly Payment Date, inclusive of any payments made on that Monthly Payment Date in accordance with the transfers referred to at points 3 and 4 above.

  • Transfer into the DSRA an amount equal to the Monthly Tranche A Cash Interest Amount (as defined in the Cash Account Management Agreement and excluding any default interest in respect of the Tranche A Cash Interest) and into the Tax Reserve Account an amount equal to the associated taxes payable in relation to the payment of such Monthly Tranche A Cash Interest Amount (if any).

  • Notices) specifying (i) whether it elected to make a Minority PIK Interest Payment or a Majority PIK Interest Payment (if applicable), (ii) the Full Cash Interest Amount, the Minority PIK Interest Amount and/or the Majority PIK Interest Amount (as applicable) and (iii) the Additional PIK Amount (if any).

  • The approved Get Cash Amount and the corresponding Get Cash Interest Amount must not exceed the unused portion of the Cardholder’s Bank of Commerce Card Installment Limit.


More Definitions of Cash Interest Amount

Cash Interest Amount. Exhibit A “Cash Interest Percentage” Exhibit A “Certain Capital Markets Debt” 3.11 “Change in Tax Law” 5.9(b) “Change of Control Offer” 3.9(b) “Change of Control Payment” 3.9(a) “Change of Control Payment Date” 3.9(b)(iii) “covenant defeasance option” 8.1(b) “Covenant Suspension Event” 3.15(a) “Determination Date” Exhibit A “Defaulted Interest” 2.12 “DTC” 2.1(c) “Election Date” 3.5(b) “ERISA” 2.1(c) and (d) “Event of Default” 6.1 -45- Term Defined in Section “Excess Proceeds” 3.7(d) “FATCA” 2.15(v) “Final Maturity Date” Exhibit A “Foreign Disposition” 3.7(c) “Guarantor Obligations” 10.1(a) “IAIs” 2.2 “Increased Amount” 3.5(e) “Initial Interest Determination” Exhibit A “Initial Interest Determination Notice” Exhibit A “legal defeasance option” 8.1(b) “Liquidity Amount” Exhibit A “Minimum Liquidity Provision” Exhibit A “Minimum Liquidity Threshold” Exhibit A “Maximum Fixed Repurchase Price” 13.1(b) “Offer Amount” 5.8(a) “Offer Period” 5.8(a) “Offer to Repurchase” 5.8 “Paying Agent” 2.3 “Payor” 2.15 “Permitted Debt” 3.3(b) “PIK Notes” 2.1(b) “PIK Interest” Exhibit A “PIK Interest Percentage” Exhibit A “PIK Payment” 2.1(b) “Pro Forma Liquidity Amount” Exhibit A “Purchase Date” 5.8(a) “Qualified Reporting Subsidiary” 3.2(e) “Ratio Debt” 3.3(a) “Redemption Date” 5.4 “Refinancing Indebtedness” 3.3(b)(xiv) “Refunding Capital Stock” 3.4(b)(ii)(a) “Registrar” 2.3 “Relevant Taxing Jurisdiction” 2.15 “Required Currency” 12.4 “Resale Restriction Termination Date” 2.1(d) and (e) “Restricted Payments” 3.4(a) “Retained Declined Proceeds” 3.7(f) “Retired Capital Stock” 3.4(b)(ii)(a) “Reversion Date” 3.15(b) “Similar Laws” 2.1(d) and (e) “Special Interest Payment Date” 2.12(a) “Special Record Date” 2.12(a) “Subsequent Determination Date” Exhibit A Term Defined in Section “Successor Company” 4.1(a)(i) “Successor Guarantor” 4.1(b)(i)(A) “Suspended Covenants” 3.15(a) “Suspension Period” 3.15(b) “Taxes” 2.15 “Tax Redemption Date” 5.9 “Total Leverage Excess Proceeds” 3.7(e) “Transaction Agreement Date” 13.1(a) “Unpaid Amount” 3.4(b)(ii)(c)
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Cash Interest Amount means, with respect to any Interest Payment Date, the amount of interest required to be paid on such Interest Payment Date in cash.
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Cash Interest Amount means interest equal to 5% per annum of the then outstanding principal amount of this Note.
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Related to Cash Interest Amount

  • PIK Interest Amount means, in respect of any Interest Payment Date, the amount of interest accrued during an Interest Period calculated based on the PIK Interest Rate applicable during such Interest Period.

  • 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;

  • Daily Interest Amount means an amount calculated by multiplying the Daily Loan Balance of a Loan by the associated Daily Interest Rate on that Loan.

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Advance Interest Amount means interest payable on Advances, as specified in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Actual Interest Amount is defined in Section 3.1(b)(vii) of this Agreement.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Collateral Interest Amount As of any date of determination, without duplication, the aggregate amount of Interest Proceeds that has been received or that is expected to be received (other than Interest Proceeds expected to be received from Defaulted Obligations, but including Interest Proceeds actually received from Defaulted Obligations), in each case during the Collection Period in which such date of determination occurs (or after such Collection Period but on or prior to the related Payment Date if such Interest Proceeds would be treated as Interest Proceeds with respect to such Collection Period).

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Overfunded Interest Amount With respect to any Subsequent Transfer Date, the excess of (A) the amount on deposit in the Capitalized Interest Account on such date over (B) the excess of (i) the amount of interest accruing at the sum of the (a) assumed weighted average Pass-Through Rate of the Offered Certificates and (b) the Applicable Rate on the Prefunded Amount outstanding at the end of the related Collection Period for the total number of days remaining through the end of the Accrual Periods ending April 25, 2004, May 24, 2004 and June 24, 2004 over (ii) one month of investment earnings on the amount on deposit in the Capitalized Interest Account on such date at an annual rate of 0.75%. The assumed weighted average Pass-Through Rate will be calculated assuming the Certificate Index is 1.09% for any Subsequent Transfer Date prior to the April 2004 Distribution Date, 1.34% for any Subsequent Transfer Date prior to the May 2004 Distribution Date and 1.59% for any Subsequent Transfer Date prior to the June 2004 Distribution Date.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Unpaid Interest Amount As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • Class A Interest Distribution Amount means, as to each Class of Class A Certificates and any Remittance Date, the sum of the amounts specified in clause (a)(i), (a)(ii), (a)(iii), (a)(iv), (a)(v) and (a)(vi), as appropriate, of the definition of the term "Class A Formula Distribution Amount" and the Unpaid Class A Interest Shortfall, if any, with respect to such Class.

  • Accrual Distribution Amount As to any Distribution Date prior to the applicable Accretion Termination Date and any Class of Accrual Certificates, an amount equal to the sum of (i) the Class A Interest Percentage of such Class of Accrual Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Interest Shortfall Percentage of such Class of Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph second of Section 4.01(a)(i) on such Distribution Date. As to any Distribution Date on or after the applicable Accretion Termination Date, zero.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Payment Amount as defined in Section 3.5.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, the sum of (i) the Monthly Interest Distributable Amount for that Class and (ii) the Unpaid Interest Shortfall Amount for that Class.