Estimated Interest definition

Estimated Interest has the meaning specified in Section 3.3(a) of this Series Supplement.
View Source
Estimated Interest means 3.50% per annum.
View Source
Estimated Interest means interest calculated at the Applicable Interest Rate accrued from the middle of the calendar quarter during which the amounts in question were collected, paid or incurred, as applicable, through the Closing Date; provided, however, if the Closing Date occurs on a date other than the last day of a calendar quarter, the Estimated Interest for the amounts collected, paid or incurred, as applicable, during the partial quarterly period including the Closing Date shall be calculated at the Applicable Interest Rate accrued from the middle of such partial quarterly period through the Closing Date.
View Source

Examples of Estimated Interest in a sentence

  • An Estimated Interest Adjustment shall not bear interest, unless not paid when due as provided in the preceding sentence.

  • The amount of any shortfall in interest based on such variation shall be a positive "Estimated Interest Adjustment" for such Interest Period, and the amount of any overpayment of interest based on such variation shall be a negative "Estimated Interest Adjustment" for such Interest Period.

  • Any positive Estimated Interest Adjustment for an Interest Period shall be deemed not due on the Distribution Date for such Interest Period, but shall be due on the Distribution Date related to the next succeeding Interest Period and in any event on the final Distribution Date for Class B Notes.

  • On or before 4:00 p.m. (New York City time) on the Business Day immediately preceding each Determination Date, the Administrator shall notify the Trustee of any Estimated Interest Adjustment Amount with respect to such Determination Date, such notification to be in the form of Exhibit H to this Series Supplement (each an “Estimated Interest Adjustment Notice”).

  • Any positive Estimated Interest Adjustment for an Interest Period shall be deemed not due on the Distribution Date for such Interest Period, but shall be due on the Distribution Date related to the next succeeding Interest Period and in any event on the final Distribution Date for Class C Notes.

  • Any positive Estimated Interest Adjustment for an Interest Period shall be deemed not due on the Distribution Date for such Interest Period, but shall be due on the Distribution Date related to the next succeeding Interest Period and in any event on the final Distribution Date for Class A Notes.

  • All licenses and permits must remain valid for the term of the Agreement.

  • Any positive Estimated Interest Adjustment for an Interest Period shall be deemed not due on the Distribution Date for such Interest Period, but shall be due on the Distribution Date related to the next succeeding Interest Period and in any event on the final Distribution Date for Class S Notes.

  • In the event that the Estimated Interest Payment paid by Borrower to Lender exceeds the amount that otherwise would have been payable by Borrower if the final interest payment amount was calculated based on the interest rate determined on the applicable LIBOR Determination Date (the “Actual Required Payment”), Lender shall refund to Borrower an amount equal to the Estimated Interest Payment minus the Actual Required Payment.

  • On or before 4:00 p.m. (New York City time) on the Business Day immediately preceding each Determination Date, the Administrator shall notify the Trustee of any Estimated Interest Adjustment Amount with respect to such Determination Date, such notification to be in the form of Exhibit I to this Series Supplement (each an “Estimated Interest Adjustment Notice”).