Debenture Interest Rate definition

Debenture Interest Rate has the meaning set forth in the opening paragraph hereof.

Debenture Interest Rate has the meaning set forth in Section 2.5(a).

Debenture Interest Rate has the meaning given to the term Interest Rate in the Debenture Conditions.

Examples of Debenture Interest Rate in a sentence

• For loans with endorsement dates post 1/24/2004, SAMC used the Next Due Date provided in the securitization tape to look up the applicable Debenture Interest Rate for purposes of calculating a claim.

• SAMC looked up the corresponding Debenture Interest Rate from Mortgagee Debenture Interest Rates published by HUD utilizing the endorsement date for loans where the endorsement date was on or prior to 1/24/2004.

• The United States Treasury Securities adjusted to a constant maturity of 10 years was utilized for the month in which the default occurred to identify the Debenture Interest Rate.

• The prepayment price (the “Prepayment Price”) shall be the amount specified for the Payment Date in question on the LMI Prepayment Schedule attached to the Discount Debenture Interest Rate and Fee Notice provided to you by the Bank in connection with the issuance of this Debenture (the “Interest Rate Notice”).

• SAMC then confirmed the Debenture Interest Rate agreed with the Debenture Interest Rate in the securitization tape.

• Interest not paid on any Interest Payment Date, including any interest deferred during any Optional Deferral Period, will accrue and compound semi-annually at the Debenture Interest Rate, to the extent permitted by applicable law, as provided in the Indenture.

• During an Optional Deferral Period, Deferred Interest on this Debenture shall not be due and payable, but will continue to accrue and compound semi-annually, to the extent permitted by applicable law, at the Debenture Interest Rate.

• SAMC then confirmed the Debenture Interest Rate agreed with the Debenture Interest Rate in the securitization tape.Endorsement Verification: SAMC obtained and reviewed FHA reporting from the Client or Client’s Servicer’s FHA Connection access and determine that all loans have FHA insurance coverage.Collection Comment Review: From the data tape received from Client.

• Additional Accrued Interest means the amount of interest in respect of any Public Debentures for the Additional Accrual Period at the Debenture Interest Rate.

• All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 6% per annum in excess of the Debenture Interest Rate or the maximum rate permitted by applicable law (“Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

More Definitions of Debenture Interest Rate

Debenture Interest Rate means (i) in respect of The Amortising and Guaranteed Debentures of Gulf Cogeneration Company Limited No. 1/2549 Series 1 Due B.E. 2552, the rate of 5.87 percent per annum; (ii) in respect of The Amortising and Guaranteed Debentures of Gulf Cogeneration Company Limited No. 1/2549 Series 2 Due B.E. 2554, the rate of 6.11 percent per annum; and (iii) in respect of The Amortising and Guaranteed Debentures of Gulf Cogeneration Company Limited No. 1/2549 Series 3 Due B.E. 2559, the rate of 6.64 percent per annum;