Interest Costs definition

Interest Costs. ’ means all costs paid or payable by a person to whom credit is, or is to be advanced, for the advancement of credit or the obligation to advance credit;
Interest Costs means interest accrued on the unpaid balance;
Interest Costs which means interest computed quarterly and not in advance and being the aggregate of the interest determined for each month in the quarter as follows: (1) the average of the opening and closing monthly outstanding balances for each month of the net unrecovered amounts of all Costs in the classes enumerated in §2.1 of this agreement; multiplied by, (2) the Prime Rate plus 2%; multiplied by, (3) the number of days in the month; divided by, (4) the number of days in the year. These Interest Costs are in lieu of an inclusion in Costs for the interest charged by third party project lenders of Capital Costs and Operating Costs;

Examples of Interest Costs in a sentence

  • In June 2018, the Governmental Accounting Standards Board (GASB) issued Statement No. 89, “Accounting for Interest Costs Incurred Before the End of a Construction Period”.

  • In June 2018, the Governmental Accounting Standards Board (GASB) issued Statement No. 89, “Accounting for Interest Costs Incurred before the End of a Construction Period”.

  • Interest Costs Coverage: The Village may fund certain interest costs incurred by a developer for construction, renovation or rehabilitation of a redevelopment project.

  • Interest Costs Interest costs are charged to expense as incurred.

  • All payments on account of principal, interest, Contingent Interest, Costs and Expenses or otherwise in respect of the Loans shall be made in Dollars, in immediately available funds to an account specified by Lender in writing, not later than 5:00 p.m. (Washington, D.C. time) on the date on which such payment shall be due.


More Definitions of Interest Costs

Interest Costs means interest computed each calendar quarter and calculated as follows: (i) the average of the opening and closing monthly outstanding balances for each month during the quarter of the net unrecovered amounts of all costs in the classes enumerated in subparagraphs 1.01(g)(i), (ii), (iv) and (v) of the Agreement, and in paragraphs 2.02 (a), (b), (c) and (d) of this Appendix II; multiplied by: (ii) the Prime Rate plus two percent; multiplied by: (iii) the number of days in the quarter; divided by: (iv) the number of days in the Year;
Interest Costs means any interest cost actually incurred during the period in respect of the Properties (including but not limited to, interest on instruments issued for reclamation bonding, interest on advance payments receipts and interest on leased assets) net of any interest income earned solely in respect of the Properties during such period.
Interest Costs means interest computed quarterly and not in advance and being the aggregate of the interest determined for each month in the quarter as follows: (A) the average of the opening and closing monthly outstanding balances for each month of the net unrecovered amounts of all Costs in the classes enumerated in §3.01 of this Schedule C; (B) multiplied by, (C) the Prime Rate plus two percent; (D) multiplied by, (E) the number of days in the month; (F) divided by, (G) the number of days in the year. These Interest Costs are in lieu of an inclusion in Costs for the interest charged by third party project lenders of Capital Costs and Operating Costs;
Interest Costs shall include all amounts of interest, fees and charges paid in respect of any debt incurred in carrying out the Petroleum Operations and any refinancing of such debts, providing that in the case of Affiliate debt, it shall include interest only to the extent that it does not exceed a rate which would have been agreed upon between independent parties in similar circumstances and such interest is not limited by which assets or services are purchased by the loan principal.
Interest Costs means all costs paid or payable by a per- son to whom credit is, or is to be advanced, for the ad- vancement of credit or the obligation to advance credit; (frais d’intérêt)
Interest Costs means interest computed each calendar quarter and calculated as follows: (i) the average of the opening and closing monthly outstanding balances for each month during the quarter of the net unrecovered amounts of all costs in the classes enumerated in subparagraphs , and of the Agreement, and in paragraphs , , and of this Appendix II; multiplied by: (ii) the Prime Rate plus two percent; multiplied by: (iii) the number of days in the quarter; divided by: (iv) the number of days in the Year;
Interest Costs means in respect of any period, the aggregate amount of all interest, fees and other periodic payments payable by the Borrower to the Finance Parties under the Finance Documents: