Deemed Interest means an amount of interest equal to the average ninety-one day Treasury Bill rate, deemed to be payable by a resident person in respect of any outstanding loan provided or secured by the non-resident, where such loans have been provided free of interest.
Deemed Interest means interest accruing on the development costs calculated in accordance with the rate of interest stipulated in Article 12.
Deemed Interest means the amount of interest that would have been earned had an amount deferred hereunder been invested at the Deemed Rate of Interest.
Examples of Deemed Interest in a sentence
For the purposes of this calculation only, the Deemed Interest per annum shall be determined as the sum of (i) the prevailing stated interest rate of the Notes (as it may be adjusted from time to time in accordance with this Indenture), and (ii) the value of the cash payment made under this clause, expressed as a percentage of the principal amount.
More Definitions of Deemed Interest
Deemed Interest means interest accruing at an interest rate equal to 9% per annum; provided, however, that with respect to Contributions made for a Project or a Turbine prior to Completion of such Project or the Project to which such Turbine is assigned (as set forth in Exhibit G-3 to the Credit Agreement), Deemed Interest thereon shall accrue but not be payable until Completion of the relevant Project, at which time such accrued interest shall be added to, and be considered part of, the principal amount of such Contribution.
Deemed Interest means an amount equal to the interest and other income that would have otherwise been earned on the 50% of the Underwriters’ Fee paid to the Underwriters if such fee had been held in escrow as part of the Escrowed Funds and not paid to the Underwriters on the Offering Closing Date.
Deemed Interest means interest that would have otherwise been earned on 50% of the Underwriters’ Commission and the full amount of the Underwriters’ Expenses as if such amount had been held in escrow as part of the Escrowed Funds and not paid to the Underwriters;
Deemed Interest shall, on a per annum basis, mean the sum of (i) the prevailing stated interest rate of the Notes (as it may be adjusted from time to time in accordance with this Indenture, including with respect to Additional Interest), (ii) the value of any Interest Make-Whole Payment made to the Holders, whether satisfied in cash or through the issuance of shares of Common Stock, and (iii) the value of additional payments made to the Holders under Section 14.03, whether satisfied in cash or through the issuance of shares of Common Stock, expressed as a percentage of the aggregate principal amount outstanding, but shall not include any Non-Interest Bearing Monetization.
Deemed Interest has the meaning attributed thereto in Section 2.02(b) hereof;
Deemed Interest means 8% per annum simple interest.
Deemed Interest means interest that would have otherwise been earned on the Underwriters’ Fee paid to the Underwriters as if such Initial Underwriters’ Fee Payment had been held in escrow as part of the Escrowed Funds and not paid to the Underwriters;