Compound Interest definition

Compound Interest means the interest rate and method of calculation that are set out or prescribed under the Interest on Overdue Accounts Receivable Regulation under the Financial Administration Act;

Compound Interest shall have the meaning set forth in Section 4.1.

Compound Interest mentioned above include the interest (including the default interest of breach) due and unpaid occurred during the loan term and the interest (including the default interest of breach and default interest of delay) due and unpaid occurred upon the expiration of loan term. The compound rate of the interest due and unpaid occurred during the loan term shall be calculated on the basis of interest rate agreed by the Parties during the loan term, and shall be calculated on the basis of delay repayment upon the expiration of loan term.

Examples of Compound Interest in a sentence

• If the Company shall have paid all deferred interest (including Compound Interest, if any) on the Notes, the Company shall have the right to elect to begin a new Optional Deferral Period pursuant to this Section 2.1(e).

• On the fifth anniversary of the first Interest Payment Date during any Optional Deferral Period, the Company must pay all accrued and unpaid deferred interest (including Compound Interest, if any), on the Notes, and the Company’s failure to pay all such accrued and unpaid deferred interest for a period of 30 days shall constitute an Event of Default.

• No later than 9:00 a.m., New York time, on the Redemption Date, the Company is required to deposit with a Paying Agent or the Trustee (or, if the Company is acting as Paying Agent, set aside, segregate and hold in trust as provided in Section 3.4 of the Original Indenture) an amount of money sufficient to pay the Redemption Price of and accrued and unpaid interest (including Compound Interest, if any) on the Notes to be redeemed on such Redemption Date.

• The principal amount of, and all accrued and unpaid interest (including Compound Interest, if any) on, the Notes shall be payable in full on January 15, 2065, or if such day is not a Business Day, the following Business Day (the “Maturity Date”).

• The Company shall pay all accrued and unpaid deferred interest, including Compound Interest, if any, on the Notes in accordance with the provisions of Section 2.7 of the Original Indenture applicable to defaulted interest.

More Definitions of Compound Interest

Compound Interest has the meaning set forth in Section 205(a).

Compound Interest has the meaning set forth in Section 2.11(a).

Compound Interest means Compound Interest defined in Article 4.2;

Compound Interest means interest calculated with yearly rests (or such shorter rests as the trustee company may decide) on the amount of principal and interest accrued at the commencement of the year (or other shorter period), with no interest being allowed on any addition to principal or accruing interest since the commencement of that year or period.

Compound Interest has the meaning set forth in Section 205.]

Compound Interest has the meaning set forth in paragraph 3(a).

Compound Interest shall have the meaning set forth in Section 2.5(d).