Interest Accruals definition

Interest Accruals means with reference to each Receivable and to the Economic Effective Date, the interest component accrued on such Receivables but not yet due as at such date (excluding default interest and Suspended Interests).
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Interest Accruals means the additions to a Participant’s Account Balance determined with the Interest Accrual Rate below and in accordance with the methodology utilized under the Qualified Plan for the Interest Credits thereunder.
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Interest Accruals means, with respect to each Portfolio, the interest accrued, not yet due and unpaid on the relevant Claims as of the Effective Date (excluding interest in arrears (interessi di mora)), and equal to, with respect to Portfolio No. 1, Euro 493,014.38, with respect to Portfolio No. 2, Euro 1,895,650.09 and with respect to Portfolio No. 3, Euro 574,207.44. Three accounts (collectively the “Single Portfolio Detrimental Reserve Accounts” and each a “Single Portfolio Detrimental Reserve Account”) (Conti di Riserva Singolo Portafoglio) to be opened, subject to the delivery by the Issuer (or by the Computation Agent on behalf of the Issuer) of the required documentation in a form satisfactory to the English Account Bank, within 5 (five) Business Days following receipt of a First Single Portfolio Detrimental Event Notice into which on each Payment Date following the occurrence of a First Single PortfolioDetrimental Event with respect to one or more Portfolios, the First Single Portfolio Detrimental Reserve Amount with respect to the relevant Portfolio or Portfolios in respect of which the First Single Portfolio Detrimental Event has occurred shall be paid from the Payments Account in accordance with the applicable Order of Priority; and out of which in accordance with the provisions of the Cash Administration and Agency Agreement, 1 (one) Business Day after the relevant deposit, all amounts standing to the credit of the relevant Single Portfolio Detrimental Reserve Account will be transferred to the Investment Account of the Relevant Portfolio; PRINCIPAL AMORTISATION RESERVE ACCOUNT CASH RESERVE ACCOUNTS, CASH RESERVE SUBACCOUNTS and ADDITIONAL RESERVE SUBACCOUNTSprovided however that, should the Single Portfolio Detrimental Reserve Account not be opened within the term set out herein, the First Single Portfolio Detrimental Reserve Amount with respect to the relevant Portfolio or Portfolios in respect of which the First Single Portfolio Detrimental Event has occurred, shall be paid into the relevant Investment Account. Three accounts (the “Principal Amortisation Reserve Accounts” and each a “Principal Amortisation Reserve Account”) (Conti di Riserva Ammortamento Capitale) to be opened, subject to the delivery by the Issuer (or by the Computation Agent on behalf of the Issuer) of the required documentation in a form satisfactory to the English Account Bank, within 5 (five) Business Days following receipt of a Disequilibrium Event Notice into which on each Payment Date...
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Examples of Interest Accruals in a sentence

  • Commission Report; (9) Daily Expense Accruals; (10) Daily Interest Accruals; (11) Daily Trial Balance; (12) Portfolio Interest Receivable and Income Reports; (13) Portfolio Dividend Receivable and Income Reports; (14) Listing of Portfolio Holdings - showing cost, market value and percentage of portfolio comprised of each security; and (15) Average Daily Net assets provided on monthly basis.

  • For any Participant who terminates employment before he attains his Normal Retirement Age, and who elects to leave his Account Balance in the Plan, Accrued Benefit means that Participant’s Account Balance at the time of termination of employment plus Interest Accruals to the date of distribution, and the immediate single life annuity which is the Actuarial Equivalent of the Participant’s Account Balance at such time.

  • Transaction Report and Tax Lot Holdings Report; (8)Broker Ledger - Commission Report; (9)Expense Accruals; (10) Interest Accruals; (11) Trial Balance; (12) Portfolio Interest Receivable and Income Reports; (13) Portfolio Dividend Receivable and Income Reports; (14) Listing of Portfolio Holdings - showing cost, market value and percentage of portfolio comprised of each security; and (15) Average Net assets provided on monthly basis.

  • Interest Accruals equivalent to those made pursuant to Section 5.3 of the Qualified Plan.

  • For any Participant who terminates employment before he attains his Normal Retirement Age, and who elects to leave his Account Balance in the Plan, Accrued Benefit means that Participant's Account Balance at the time of termination of employment plus Interest Accruals to the date of distribution, and the immediate single life annuity which is the Actuarial Equivalent of the Participant's Account Balance at such time.

  • Interest Accruals.............................................................................


More Definitions of Interest Accruals

Interest Accruals means, with respect to each Portfolio, the interest accrued, not yet due and unpaid on the relevant Claims as of the Effective Date, and equal to, with respect to Portfolio No. 1,
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Interest Accruals means, with respect to each Portfolio, the interest accrued, not yet due and unpaid on the relevant Claims as of the Effective Date, and equal to, with respect to Portfolio No. 1, Euro 91,421.05, with respect to Portfolio No. 2, Euro 37,043.71 and with respect to Portfolio No. 3, Euro 223,400.55.
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Related to Interest Accruals

  • Interest Accrual Date means with respect to any Security, the date the Company accepts funds for the purchase of the Security if such funds are received by 3:00 p.m. (EDT) on a Business Day, or if such funds are not so received, on the next Business Day.

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Capitalized Interest Account The separate Eligible Account designated as such and created and maintained by the Trustee pursuant to Section 3.05(h) hereof. The Capitalized Interest Account shall be treated as an "outside reserve fund" under applicable Treasury regulations and shall not be part of any REMIC. Except as provided in Section 3.05(h) hereof, any investment earnings on the amounts on deposit in the Capitalized Interest Account shall be treated as owned by the Depositor and will be taxable to the Depositor.

  • Principal and Interest Account The principal and interest account created by the Servicer pursuant to Section 8.08(a) hereof. The Principal and Interest Account shall be an Eligible Account.

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Mandatory income interest means the right of an income beneficiary to receive net income that the terms of the trust require the fiduciary to distribute.