Effective Interest definition

Effective Interest means any one or more of a direct or indirect ownership, economic or control interest, measured on a fully diluted basis and without any deeming rule or deeming provision being applied;
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Effective Interest has the meaning ascribed thereto in Section 2.5(5);
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Effective Interest means, with respect to a Shareholders Agreement Investor or a Significant Shareholder, as applicable, at a particular time of determination, the percentage equal to (a) (i) the total number of ReNew Global Class A Shares and ReNew Global Class C Shares, if any, held by such Shareholders Agreement Investor and its affiliates or such Significant Shareholders and its affiliates, as applicable, at such time, plus (ii) the number of
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Examples of Effective Interest in a sentence

  • To the extent that any such payment due hereunder is not paid when due, interest shall accrue on such unpaid amounts at a rate equal to the Effective Interest Rate.

  • The Effective Interest Rate charged will change from time to time as your personal risk profile changes.

  • The Effective Interest Rate means the total cost of the loan, presented as an annual rate of the total value of the loan, through which the discounted cash inflows must equal the discounted cash outflows.

  • The “Weighted Cost” for a series or tranche of long-term debt as of any date shall be calculated by multiplying the Effective Interest Rate (as defined below) on the debt as of that date by the outstanding principal balance of the debt on that date, and then dividing the resulting amount by the Company’s total outstanding principal balance of long-term debt as of that date.

  • For the avoidance of doubt, the Effective Interest Rate for purposes of this Agreement of each series of fixed-rate long-term debt outstanding as of the date of this Agreement is set forth on Exhibit A hereto.

  • The Borrower agrees and is aware that the execution of this agreement may also have expenses which may be applied either by the Lender or by different institutions, and as such are not included in the overall cost of the loan, or in the Effective Interest Rate - NEI.

  • The Borrower agrees and is aware that the execution of this Agreement may also have expenses which may be applied either by the Lender or by different institutions, and as such are not included in the overall cost of the loan, or in the Effective Interest Rate – NEI.

  • The declared annual effective interest rate applied to the Contract Fund Value: • is determined by the Company and declared in advance; • will not change for this Policy more frequently than annually; and • will at no time be less than the Paid-up Option Minimum Guaranteed Annual Effective Interest Rate shown on the Policy Schedule Pages (page 8).

  • The declared annual effective interest rates applied to the Tier One Balance and the Tier Two Balance: • are determined by the Company and declared in advance; • may differ from each other; and • will at no time be less than the Minimum Guaranteed Annual Effective Interest Rates shown on the Policy Schedule Pages (page 3).

  • The Company guarantees that the interest credited during the first Policy Year to the initial Net Premiums allocated to the Fixed Account will be at a rate not less than the Initial Annual Effective Interest Rate for the Fixed Account shown on the Policy Schedule.


More Definitions of Effective Interest

Effective Interest has the meaning ascribed thereto on the face page hereof;
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Effective Interest any one or more of a direct or indirect ownership, economic or control interest, measured on a fully diluted basis and without any deeming rule or deeming provision being applied;
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Effective Interest has the meaning ascribed thereto on the second page hereof;
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Effective Interest means, with respect to any Affiliate Loan, a percentage equal to: (i) the Effective Annual Payments owed by the Site Owner with respect to the Affiliate Loan; divided by (ii) the outstanding principal balance ofthe Affiliate Loan. Reallocation Date" means any GAC True-Up Date or any Substantial Completion Date.
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Related to Effective Interest

  • Effective Interest Rate means the total interest rate established by Ecology that includes the Administrative Charge. “Estimated Loan Amount” means the initial amount of funds loaned to the RECIPIENT.

  • Derivative Interest means any derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of the underlying equity increases, including, but not limited to, a long convertible security, a long call option and a short put option position, in each case, regardless of whether (i) such interest conveys any voting rights in such security, (ii) such interest is required to be, or is capable of being, settled through delivery of such security or (iii) transactions hedging the economic effect of such interest.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.