Increased Interest definition

Increased Interest has the meaning specified in Section 1.1 of the Indenture.

Increased Interest means the interest, if any, that shall accrue on any amounts payable on the Securities, the payment of which has not been made on the applicable Interest Payment Date and which shall accrue at the rate per annum, equal to 10%.

Increased Interest is defined in Section 9.8(b).

Examples of Increased Interest in a sentence

• For purposes of computing the Make-Whole Amount (if any) on any Note, the interest rate with respect to such Note shall be deemed to be the rate for such Note without giving effect to any Increased Interest.

• From and after such date, unless the Company shall fail to pay such principal amount when so due and payable, together with the interest and Make-Whole Amount, if any, as aforesaid, interest (including any Increased Interest) on such principal amount shall cease to accrue.

• The Increased Interest shall accrue from the first date of any Increased Interest Quarterly Period in which a BIG Event occurs until the last day of the Increased Interest Quarterly Period in which in the Company delivers to each Purchaser a Debt Rating of the Notes from an NRSRO of at least a Required Rating.

• Prepayment of the Notes to be prepaid pursuant to this Section 8.7 shall be at 100% of the principal amount of such Notes, together with interest (including any Increased Interest) on such Notes accrued to the date of prepayment and without any Make-Whole Amount.

• In the case of each prepayment of Notes pursuant to this Section 8, the principal amount of each Note to be prepaid shall mature and become due and payable on the date fixed for such prepayment, together with interest (including any Increased Interest) on such principal amount accrued to such date and the applicable Make-Whole Amount, if any.

More Definitions of Increased Interest

Increased Interest means any and all amounts that become payable pursuant to Section 5 of the Registration Rights Agreement.

Increased Interest. As defined in Section 5 hereof. Indenture: Indenture, dated as of the Closing Date, between the Company and the Trustee, pursuant to which the Notes are to be issued, as such Indenture is amended or supplemented from time to time in accordance with the terms thereof.

Increased Interest. Amount shall mean, on and after June 1, 1997, the difference, if any, between (A) $5,000,000 and (B) the amount of cash equity contributed to the Borrowers or other financing obtained by the Borrowers, in each case pursuant to documentation, on terms and in all other respects satisfactory to the Lenders (the equity contribution or financing described in this clause (B) is hereinafter referred to as the "Additional Financing"). The Increased Interest Amount shall only be reduced to the extent that the Borrowers have provided the Lenders with evidence, reasonably satisfactory to the Lenders, that the cash proceeds of such Additional Financing have been received by the Borrowers. The Increased Interest Amount of the Loans shall be allocated among the Lenders based on their respective Pro Rata Shares."

Increased Interest has the meaning ascribed to such term in Section 3.3(A)(2).

Increased Interest has the meaning set forth in Section 2.09.

Increased Interest is defined in Section 1.2.

Increased Interest means 0.1% above the interest rate as set forth in a Loan on Deed Agreement.