Lost Interest definition

Lost Interest has the meaning set forth in Section 2.08(c)(i).
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Lost Interest has the meaning assigned such term in Section 2.15(a).
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Lost Interest shall have the meaning given to such term in Section 11.10.
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Examples of Lost Interest in a sentence

  • In general actual loss for a specific loan could be calculated by adding Unpaid Principal Balance, Lost Interest and Expense then deducting Net Sale Proceeds, MI Recoveries and Non MI Recoveries.

  • This division points to the distinction between ingroup and outgroup persons, between insiders and outsiders.

  • These values will be applied as the Base Compensation Amounts for any eligible new claims received: Operator Type Documentation requirements will include the following: Other Seafood Compensation Categories Documentation Required 15 Oyster Leaseholder Lost Interest and Vessel Lessee/Operator claims will be combined and will use the Oyster Combined Harvester and Leaseholder median; documentation for both of the appropriate categories should be provided by the claimant.

  • The Term Loan shall be evidenced by the Note and may be prepaid without penalty in the event the Term Loan bears interest at the Prime Rate, and only if the Borrower simultaneously pays all Lost Interest Income, cost and expense of the Bank in connection with such prepayment in the event the Term Loan bears interest at the Fixed Interest Rate.

  • ATLAS (2009) defined cultural tourism as “All movements of persons to specific cultural attractions, such as heritage sites, artistic and cultural manifestations, arts and drama outside their normal place of residence”.

  • If the stated rate of interest under this Subordinated Loan Agreement ever exceeds the Maximum Rate, then the outstanding principal amount of the Subordinated Loan made hereunder shall bear interest at the Maximum Rate until the difference between the interest which would have been due at the stated rates of interest and the amount due at the Maximum Rate (the "Lost Interest") has been recaptured by the Subordinated Lenders.

  • Table 2.6: "Lost" Interest Payments in Divestiture MarketsYear2001 deposits are based on data from the 2001 SOD Reports.

  • As used herein, "Lost Interest Income" shall be computed by the Bank by determining the interest rate differential between the Fixed Interest Rate on the Term Loan and the yield on a United States Government Treasury instrument with a similar maturity as the remaining term of the Term Loan.

  • If when the Loan is repaid in full the Lost Interest has not been fully recaptured by Bank pursuant to the preceding sentence, then the outstanding principal amount of the Note shall be deemed to have accrued interest at the Maximum Rate from the date funds were advanced to the extent necessary to recapture the Lost Interest not recaptured pursuant to the preceding sentence and, to the extent allowed by law, Borrower shall pay to Bank the amount of the Lost Interest remaining to be recaptured by Bank.

  • If the stated rate of interest under this Senior Loan Agreement ever exceeds the Maximum Rate, then the outstanding principal amount of the Senior Loan made hereunder shall bear interest at the Maximum Rate until the difference between the interest which would have been due at the stated rates of interest and the amount due at the Maximum Rate (the "Lost Interest") has been recaptured by the Senior Lenders.


More Definitions of Lost Interest

Lost Interest is defined in Section 11.10.
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Lost Interest has the meaning set forth in Section 3.02(f).
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Related to Lost Interest

  • business interest ’ means —

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Asset Interest is defined in Section 2.1(b).

  • Excess Interest With respect to each ARD Mortgage Loan, additional interest accrued on such ARD Mortgage Loan after the Anticipated Repayment Date allocable to the difference between the Revised Rate and the Mortgage Rate, plus any compound interest thereon, to the extent permitted by applicable law and the related Loan Documents. The Excess Interest on any ARD Mortgage Loan shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Company Interest means the interest of a Member in Profits, Losses and Distributions.

  • Class R-4 Interest The uncertificated Residual Interest in REMIC 4.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Lost Mortgage Note Any Mortgage Note the original of which was permanently lost or destroyed and has not been replaced.

  • Consequential Loss means indirect or consequential loss or damage such as, but not limited to, loss of contract, bargain, expectation, opportunity, profit, production, revenue, anticipated cost reduction or interest payable howsoever caused, arising out of or in connection with this Contract.

  • Class Interest Shortfall As to any Distribution Date and Class, the amount by which the amount described in clause (i) of the definition of Class Optimal Interest Distribution Amount for such Class exceeds the amount of interest actually distributed on such Class on such Distribution Date pursuant to such clause (i).

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Periodic Interest means, with respect to any Payment Date, the periodic interest for such Payment Date as specified in the Series Supplement.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Imputed Interest means any interest imputed under Section 1272, 1274 or 483 or other provision of the Code and any similar provision of state and local tax law with respect to the Corporate Taxpayer’s payment obligations under this Agreement.

  • REO Imputed Interest As to any REO Property, for any calendar month during which such REO Property was at any time part of REMIC I, one month's interest at the applicable Net Mortgage Rate on the Stated Principal Balance of such REO Property (or, in the case of the first such calendar month, of the related Mortgage Loan, if appropriate) as of the close of business on the Distribution Date in such calendar month.

  • Special Damages has the meaning specified in Section 11.21.

  • Class UT-R Interest The residual interest in the Upper-Tier REMIC as described in the Preliminary Statement and the related footnote thereto.