Daily Interest definition

Daily Interest means, with respect to a Lender, for each calendar day of each calendar month, the product of: (a) the outstanding principal amount of Outstandings that are actually funded by Lender pursuant to this Agreement, multiplied by (b) the applicable interest rate set forth in Section 2(a)(vi) of this Agreement.

Daily Interest means, with respect to a Lender, for each calendar day of each calendar month, the product of: (A) the outstanding principal amount of Outstandings that are actually funded by Lender pursuant to this Agreement, multiplied by (B) the applicable interest rate set forth in Section 2(a)(vi) of this Agreement.

Daily Interest means, for any day, an amount equal to the product of (i) the Interest Rate for such day divided by 360 times (ii) the balance of the Loan for such day.

Examples of Daily Interest in a sentence

• The amount of interest to be paid on the Notes for each Interest Period will be calculated by adding the Daily Interest Amounts for each day in the Interest Period.

• The amount of interest to be paid on the Securities for each Interest Period will be calculated by adding the Daily Interest Amounts for each day in the Interest Period.

• This results in daily compounding of interest charges.• At the end of each billing period, we add together each Credit Plan’s Daily Interest Charge and make other adjustments, which gives us the total interest charge.• Your Statement will show a Balance Subject to Interest Rate, which is the sum of the Daily Balances for each day in the billing period divided by the total number of days.Rates• To calculate a variable rate, for each billing period, we use an Index.

• Daily Interest Rates and Annual Percentage Rates may be found on the Rates and Fees Table.

• This gives us the "Daily Interest Charge" for the day, which we add to the day’s Partial Daily Balance.• We’ve now determined the "Daily Balance," which will be the beginning balance for the following day.

More Definitions of Daily Interest

Daily Interest is defined in Section 3.1.1.

Daily Interest means the total interest divided by the number of days in the first coupon.

Daily Interest. In respect of any day from and including the “Amendment Date” (as defined in the amendment agreement in respect of the Confirmation dated 18 August 2015) to and excluding the Amendment Date 2, an amount equal to: (i) the Outstanding Premium Amount; multiplied by (ii) the sum of EONIA and 1.25%; divided by (iii) 365. In respect of any day from and including the Amendment Date 2, an amount equal to: (i) the Outstanding Premium Amount; multiplied by (ii) the sum of EONIA and 1.45%; divided by (iii) 365.”

Daily Interest means that interest is calculated on a 365-day year and the actual number of days between payments. Payoff Documents (choose one) Interest % Payment 1st Due Date $ Principal and Interest (or Lease) Amount (per pmnt) $ Impound Amount (per pmnt – if to be impounded by Xxxxxxxx) $ Monthly Payor Fee Estimate (subject to update by WPM) $ Wrap-around (Underlying) Lien Amount (if applicable) $ TOTAL ESTIMATED PAYMENT AMOUNT N/A Taxes Insurance HOA Please note: Weststar collects and pays taxes and insurance in-house therefore we do not use a tax service. Address for Insurance Underwriter required (cannot be Home Owner’s Association Account # Late Charge $ or % Late Fee ***Payor Initials: ***Beneficiary Initials: ***Payor Initials: ***Beneficiary Initials: 1st Payor Name: : Address : _ City : State : Zip: _ SS# or TIN required : Birthdate required: Phone : _ Primary email address : 2nd Payor Name if any : Address : _ City : State : Zip: SS# or TIN required : Birthdate required: Phone : Primary email address : Address : City : State : Zip: Phone : Primary SS# or TIN required : _ Birthdate required: Primary email address : Address : City : State : Zip: Primary SS# or TIN required : Birthdate required: Phone : _ Primary email address : ***Payor Initials ***Beneficiary Initials ***Payor Initials ***Beneficiary Initials Lien Holder Name: Address Required: City : State : Zip: Phone: Acct/Loan # : Next payment due: Full Payment Amount: $ Are taxes and Insurance included in this loan? □ Residential □ Commercial Property □ Vacant Land ***Payor Initials: ***Beneficiary Initials: ***Payor Initials: ***Beneficiary Initials:

Daily Interest means, with respect to a Lender, for each calendar day of each calendar month, the product of:

Daily Interest. On any day, an amount equal to:

Daily Interest means interest calculated in accordance with condition