Cash Pay Interest Rate definition

Cash Pay Interest Rate means a rate per annum as set forth in the table below, which shall be calculated on an actual 360-day convention and be on each Payment Date in cash. ​ Payment Date: Cash Pay Interest Rate: From the Closing Date until the 6-month anniversary of the Closing Date: 4.000% From the 6-month anniversary of the Closing Date until the 12-month anniversary of the Closing Date: 4.125% From the 12-month anniversary of the Closing Date until the 18-month anniversary of the Closing Date: 4.250% From the 18-month anniversary of the Closing Date until the 24-month anniversary of the Closing Date: 4.375% From the 24-month anniversary of the Closing Date until the 30-month anniversary of the Closing Date: 4.500% From the 30-month anniversary of the Closing Date until the 36-month anniversary of the Closing Date: 4.625% ​ ​ ​ ​ From the 36-month anniversary of the Closing Date until the 42-month anniversary of the Closing Date: 4.750% From the 42-month anniversary of the Closing Date until the 48-month anniversary of the Closing Date: 4.875% From the 48-month anniversary of the Closing Date until the 54-month anniversary of the Closing Date: 5.000% From the 54-month anniversary of the Closing Date until the 60-month anniversary of the Closing Date: 5.125% During the Initial Extension Period: 5.750% During the Additional Extension Period: 6.000% ​
Cash Pay Interest Rate means 6.00 per cent. per annum.
Cash Pay Interest Rate means a rate per annum equal to zero percent (0%) through August 13, 2015, two percent (2%) from August 14, 2015 through August 13, 2016 and twelve percent (12%) from August 14, 2016 until the payment of the Note in full.

Examples of Cash Pay Interest Rate in a sentence

  • The interest payable at the Cash Pay Interest Rate shall be payable in arrears commencing on December 31, 2019 (the “First Payment Date”), on each Payment Date thereafter and upon the Maturity Date (the “Cash Pay Interest”).

  • After all, hard skills have traditionally been the ones which enabled people to climb the top of the corporate ladder.

  • The Borrower shall pay interest on the unpaid principal amount of each Advance owing to each Lender from the date of such Advance until the date such Advance has been paid in full at the Cash Pay Interest Rate and the PIK Interest Rate (collectively “the Aggregate Interest Rate”) as set forth in this Section 2.07.

  • The Borrower shall pay interest on the unpaid principal amount of each Advance owing to each Lender from the date of such Advance until the date such Advance has been paid in full at (x) at the All PIK Interest Rate, or (y) at the Borrower’s election with the prior written consent of each Lender, at the Cash Pay Interest Rate and the PIK Interest Rate (collectively, and as applicable, the “Aggregate Interest Rate”), in each case as set forth in this Section 2.07.

  • Oncedelayed stores fill the SB above half its capacity, the prediction for each committing store is taken from its local history by looking up the SCH: the store is delayed if its SCH bit is set.

  • On each Interest Date, the then outstanding principal on the Notes shall be increased by an amount (the “PIK Amount”) equal to the difference between (i) interest accruing at the Current Interest Rate during the preceding one month period and (ii) interest accruing at the Cash Pay Interest Rate during the preceding one month period, which increase shall be made to all outstanding principal balance of the Notes on a ratable basis.

  • SA 21, 24; Pl‟s Counter-Statement of Undisputed Material Facts, at ¶ 91, 98.Likewise, the record provided to the district court made no mention of indirect losses caused by Citigroup‟s deal.

  • From and after January 1, 2009, interest ("Cash Pay Interest") shall be payable monthly in arrears on each Interest Payment Date by Borrower on the aggregate outstanding principal balance of the Initial Loans, the June 2007 Loans, the Supplemental Loan and the Convertible Term Loans from time to time at a rate per annum equal to the Fixed Cash Pay Interest Rate.

  • Notwithstanding the foregoing, upon the occurrence of an Event of Default, all accrued interest under the Loan (including, for the avoidance of doubt, interest calculated at Increased Cash Pay Interest Rate and the PIK Interest Rate) shall be payable in cash on demand.

  • On each such Interest Date and subject to Section 2.2(b), the Borrower shall (i) pay to the Lender or any other Holders in cash monthly installments of interest only (in arrears) at the Cash Pay Interest Rate on the then outstanding principal under the Notes and (ii) as set forth below, accrue the PIK Amount to the outstanding principal of the Notes.


More Definitions of Cash Pay Interest Rate

Cash Pay Interest Rate means 4.875% per annum, which shall be calculated on an actual 360-day convention and be on each Payment Date in cash.
Cash Pay Interest Rate means a rate per annum as set forth in the table below, which shall be calculated on an actual 360-day convention and be on each Payment Date in cash. 5 26203076.0000000000.8 Payment Date: Cash Pay Interest Rate: From the Closing Date until the 6-month anniversary of the Closing Date: 4.000% From the 6-month anniversary of the Closing Date until the 12-month anniversary of the Closing Date: 4.125% From the 12-month anniversary of the Closing Date until the 18-month anniversary of the Closing Date: 4.250% From the 18-month anniversary of the Closing Date until the 24-month anniversary of the Closing Date: 4.375% From the 24-month anniversary of the Closing Date until the 30-month anniversary of the Closing Date: 4.500% From the 30-month anniversary of the Closing Date until the 36-month anniversary of the Closing Date: 4.625% From the 36-month anniversary of the Closing Date until the 42-month anniversary of the Closing Date: 4.750% From the 42-month anniversary of the Closing ​ ​ ​ ​
Cash Pay Interest Rate means, the Interest Rate minus the PIK Interest Rate.
Cash Pay Interest Rate means 4.50 per cent. per annum.
Cash Pay Interest Rate means: (i) the Base Rate plus 3.5% per annum and (ii) the LIBOR Rate plus 4.5% per annum.

Related to Cash Pay Interest Rate

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.