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

• If GGR has acquired the Increased Interest under the GGR Agreement prior to such removal, all amounts in clauses (a), (b) and (c) of the preceding sentence shall be increased to reflect the amounts paid by GGR to Non-Operators and to the Joint Account on account of such Increased Interest.

• Such Increased Interest Rate shall be applied to the outstanding balance in your Card Account, as well as to the computation of finance charges in respect thereof, from the first working day after the date of the subsequent Card Account statement following your next Card Account statement.

• The Increased Interest Rate will continue to be applied to your Card Account unless and until the minimum payment for your Card Account is made in full on or before the payment due date as specified in your monthly Card Account statement, upon which the Increased Interest Rate shall be reinstated to the prevailing interest rate with effect from the first working day after the next Card Account statement date.

• No interest on the Notes shall be due and payable during an Extension Period, except at the end thereof, but each installment of interest that would otherwise have been due and payable during such Extension Period shall bear Increased Interest (to the extent payment of such interest would be legally enforceable) from the dates on which amounts would have otherwise been due and payable until paid or until funds for the payment thereof have been made available for payment.

• If GGR has acquired the Increased Interest under the GGR Agreement prior to such removal, all amounts in clauses (a), (b) and (c) of the preceding sentence shall be increased to reflect the amounts paid by GGR to Non- Operators and to the Joint Account on account of such Increased Interest.

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 is defined in Section 1.2.

Increased Interest is defined in Section 1.2. “Increased Interest Payment” is defined in Section 1.2.

Increased Interest means the annual interest rate that the Borrower undertakes to pay to the Creditor for the Loan received, but yet to be repaid, if the Borrower infringes the Interest payment deadline; this is not considered to be a default, but reflects the increased risk borne by the Borrower. The rate of Increased Interest is equal to the interest rate on the Loan and is calculated from the total amount of the late payment (including the repayment of overdue loan instalments and overdue interest).

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

Increased Interest has the meaning set forth in Section 2.09.