Interest Subsidy definition

Interest Subsidy means the net payment by the FEC to the FEC Counterparty pursuant to the FEC Interest Equalization.
Interest Subsidy means amount of incentive prescribed under this Policy on the amount of loan sanctioned by the bank.
Interest Subsidy means the amount granted by the Dealer to SIPL in lieu of granting the Loans/ finance to the Customers for purchasing the Commodities from Dealer either at no interest or at lower rate of interest, as the case may be, and thereby compensating SIPL for the loss occurred due to the charging of such lower/ nil rate of interest from such Customer.

Examples of Interest Subsidy in a sentence

  • In such event, the Servicer may claim and collect Interest Subsidy Payments and Special Allowance Payments with respect to Trust Student Loans and student loans in such other trusts using such common lender identification number.

  • The purchase price hereunder will be the unpaid principal amount of such Trust Student Loan plus accrued and unpaid interest (calculated using the applicable percentage that would have been insured pursuant to Section 428(b)(1)(G) of the Higher Education Act) plus an amount equal to all forfeited Interest Subsidy Payments and Special Allowance Payments with respect to such Trust Student Loan.

  • SLM ECFC shall also remit as provided in Section 2.6 of the Administration Agreement on the date of repurchase of any Trust Student Loan pursuant to this Section 6(A) an amount equal to all non-guaranteed interest amounts and forfeited Interest Subsidy Payments and Special Allowance Payments with respect to such Trust Student Loan.

  • Such deposits will be used to offset the amount of Floor Income, if any, that is expected to be netted by the Department against the Interest Subsidy Payments and/or Special Allowance Payments otherwise due to the Issuer for that Collection Period.

  • The Seller shall also remit as provided in Section 2.6 of the Administration Agreement on the date of repurchase of any Trust Student Loan pursuant to this Section 6(A) an amount equal to all non-guaranteed interest amounts and forfeited Interest Subsidy Payments and Special Allowance Payments with respect to such Trust Student Loan.


More Definitions of Interest Subsidy

Interest Subsidy means back ended interest subsidy on term loans availed by the investor for development of AYUSH Healthcare and Capital investment from any bank or financial institution.
Interest Subsidy means that portion of the interest on Build America Bonds to be paid by the U.S. Treasury.
Interest Subsidy means the payment due to BFL from the Seller, pursuant to sale of Specified Products by Seller on eStore (vide this Agreement); in lieu of financing interest free loans by BFL in accordance with the terms and conditions of Interest Subsidy Agreement between Seller and BFL.
Interest Subsidy means the interest charged under this Agreement where such interest rate is less than a market rate; Investment Partner means an organisation which has been confirmed by the Agency as having "Investment Partner Status" under the Agency's Investment Partner qualification procedure from time to time;
Interest Subsidy means, in relation to any Sales Finance Agreement originated by an intermediary at the point-of-sale with a nil or below market interest rate, some amount to compensate the Seller for such below market interest rate.
Interest Subsidy means a subsidy payable under
Interest Subsidy means the payment, under and in accordance with Schedule 4, by the Commission on behalf of a person of a proportion of interest payable each month by that person in respect of a loan advanced to him or her;