Increased Interest Rate definition

Increased Interest Rate means the occurrence of either a Primary Increased Interest Rate or a Secondary Increased Interest Rate.

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Increased Interest Rate means the Adjusted Leverage Elevated Interest Rate or the Unadjusted Leverage Elevated Interest Rate, as applicable.

Increased Interest Rate means the occurrence of a MDL Leverage Increased Interest Rate or a Primary Elevated Interest Rate, as applicable. Stericycle, Inc. Fourth Amendment

Examples of Increased Interest Rate in a sentence

• 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.

• For the avoidance of doubt, (i) the payment or accrual of an Increased Interest Rate of the Notes does not waive any Default or Event of Default otherwise applicable under Section 10.6(a) and (ii) such additional interest shall not be included in the calculation of any Make-Whole Amount.

• The form of Note under the Note Purchase Agreement includes a reference to the “Increased Interest Rate” and the Company acknowledges that such reference shall be deemed to reference the Increased Interest Rate as defined in the Note Purchase Agreement after giving effect to this Agreement.

• AFFIRMATIVE COVENANTS 26 Section 9.1. Compliance with Law 26 Section 9.2. Insurance 26 Section 9.3. Maintenance of Properties 27 Section 9.4. Payment of Taxes and Claims 27 Section 9.5. Existence, Etc 27 Section 9.6. Notes to Rank Pari Passu 27 Section 9.7. Additional Subsidiary Guarantors 28 Section 9.8. Books and Records 29 Section 9.9. Increased Interest Rate 29 Section 9.10.

• In such case where the Cash Interest Requirement is not met, then the Company will pay an amount of Cash Interest equal to what is then permitted to be paid pursuant to both of the Applicable Opco Covenants and will pay PIK Interest at a rate equal to 5.875% per annum plus an amount of basis points (expressed in interest rate percentage terms) equal to the Increased Interest Rate Calculation.

• The Company agrees to pay by wire transfer on September 5, 1995 interest equal to the difference between the Increased Interest Rate and the Original Interest Rate accrued from and including March 1, 1995 (but not including) May 15, 1995.

• To the extent any Special Interest is due, or if an Increased Interest Rate Calculation is made, with respect to a particular Interest Payment Date, at least 30 days prior to such Interest Payment Date the Company will provide to the Trustee a written statement identifying the amount of Cash Interest and PIK Interest to be paid and the applicable rates associated with such interest payments.

• All references is this Agreement and the other Loan Documents to the "Interest Rate" shall be deemed to refer to the "Increased Interest Rate" until the Letter of Credit has been delivered to Lender, or there is an Event of Default hereunder.

• For the avoidance of doubt, the payment or accrual of an Increased Interest Rate of the Notes does not waive any Default or Event of Default otherwise applicable under Section 10.6(a).

More Definitions of Increased Interest Rate

Increased Interest Rate means the occurrence of a MDL Leverage Increased Interest Rate or a Primary Elevated Interest Rate, as applicable.

Increased Interest Rate is defined in Section 10.6(a)(ii).

Increased Interest Rate means the Fixed Interest Rate calculated in accordance with the procedure established in the Special Terms and Conditions, which the Borrower undertakes to pay in case the real estate provided for in the Special Terms and Conditions is not leased on market terms within the term specified in the Loan Agreement.

Increased Interest Rate means the Base Interest Rate plus the amount of any Interest Rate Adjustment upon the occurrence of any One-Time Credit Rating Change and any subsequent Credit Rating Upgrade as set forth in Section 201(d) herein.

Increased Interest Rate means (a) during the Initial Interest Rate Period, an interest rate equal to [8% per annum], and (b) during any subsequent Interest Rate Period, the rate (if any) set forth in a Supplemental Indenture or Written Direction of Issuer to the Trustee with respect to such Interest Rate Period, which rate shall not exceed the maximum rate of interest permitted by applicable law.