Initial Interest definition

Initial Interest means the interest on the loan amount from the date of loan booking to the immediate card statement billing date.

Initial Interest means, with respect to any Stockholder, all of the Common Shares beneficially owned by such Stockholder and its Permitted Transferees immediately following the Closing.

Initial Interest means a Party's ownership in Existing AMI Interests, and the amount of interest a party is entitled to acquire in Subsequently Acquired AMI Interests, subject to the provisions hereof.

Examples of Initial Interest in a sentence

• Commencing on the first Interest Reset Date, the rate at which interest on this Regular Floating Rate Note is payable will be reset as of each Interest Reset Date; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to the first Interest Reset Date will be the Initial Interest Rate.

• Loan Modifications (Pertains only to loans modified for loss mitigation purposes) Numeric – Decimal 2310.57 9(10).99 Modified Loans Only > 0 151 Pre-Modification Initial Interest Rate Change Downward Cap Maximum amount the rate can adjust downward on the first interest rate adjustment date (prior to modification) – Only provide if the rate floor is modified.

• Adjustable Rate Mortgages (ARMs) Numeric – Integer 60 999 Hybrid ARMs Only >= 1 to <=240 47 Initial Interest Rate Cap (Change Down) The maximum percentage by which the mortgage note rate may decrease at the first interest rate adjustment date.

• For the avoidance of doubt, no Initial Interest Deposit Amount will be due and owing if (i) the initial Distribution Date does not occur in February or March, or (ii) if the initial Distribution Date occurs in February during a leap year.

• Commencing on the first Interest Reset Date, the rate at which interest on this Floating Rate Note is payable will be reset as of each Interest Reset Date; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to the first Interest Reset Date will be the Initial Interest Rate.

More Definitions of Initial Interest

Initial Interest means the Interest acquired by the Optionee upon exercise of the Initial Option pursuant to the terms hereof.

Initial Interest means the interest of GNPC in all Petroleum Operations provided for in Article 2.4;

Initial Interest means 42,901,148 Shares (i) as adjusted for any stock dividend, stock split, recapitalization or similar event in respect of such Shares and (ii) as decreased by the number of Shares transferred to the Trust or repurchased in accordance with the provisions of Section 2.1(c).

Initial Interest means, with respect to any Interest Period, the rate of interest, prior to the addition of a margin, which shall be determined by the Bank, as approved by and in consultation with BLL, as being applicable to BLL’s customers for the purpose of granting credits—in the same amount, type and for the same period in respect of the principal as the Advance requested—on the date of determining the interest rate for the requested Advance, provided that, in no event shall the Initial Interest be less than the LIBOR otherwise applicable thereto. The Initial Interest shall be determined as a fixed addition (the “Fixed Addition”) above LIBOR. The rate of the Fixed Addition shall be determined, on the date of determining the Initial Interest, in accordance with the principles specified above and the rate so determined of the Fixed Addition shall not vary during the period of such Advance. Notice by the Bank as to the Initial Interest shall be binding on the Company and may not be contradicted nor appealed. The Bank shall use its reasonable endeavors to notify the Company, as soon as practicable after the Company’s request for the same, regarding the rate of the Initial Interest in respect of an Advance.

Initial Interest. RATE The rate(s) of interest credited to any portion of the first Purchase Payment allocated to the Fixed Account Option(s) as described in the Accumulation Provisions section. The Initial Interest Rate(s) for this Contract is listed on page 4. The Initial Interest Rate may not be less than the Minimum Guarantee Rate as shown on the Contract Data Page. IRC The Internal Revenue Code of 1986, as amended, or as it may be amended or superseded.

Initial Interest means the aggregate number of shares of Common Stock into which the Preferred Shares may be converted as of Closing.

Initial Interest has the meaning given in subsection 4.1(a);