No Interest definition
Examples of No Interest in a sentence
Loan Term and Amortization Type Numeric – Integer 60 999 Always >= 0 and <= 240 Unknown = Blank; No Interest Only Term = 0 33 Buy Down Period The total number of months during which any buy down is in effect, representing the accumulation of all buy down periods.
No Interest Holder shall be allocated Losses or deductions if the allocation causes an Interest Holder to have an Adjusted Capital Account Deficit.
No Interest Period relating to the Term Loan or any portion thereof bearing interest at the Eurodollar Rate shall extend beyond the date on which a regularly scheduled installment payment of the principal of the Term Loan is to be made unless a portion of the Term Loan at least equal to such installment payment has an Interest Period ending on such date or is then bearing interest at the Base Rate.
No Interest Owner has any direct or indirect interest in any property used by, or relating to, the Company, except through the ownership of its Interest.
No Interest Owner or manager or officer (or employee responsible for Tax matters) of the Company expects any authority to assess any additional Taxes for any period for which Tax Returns have been filed.
No Interest Owner has any interest in any of the Property other than the interest of a member or shareholder under the provisions of the Company’s Organizational Documents.
No Interest Owner is a foreign corporation, foreign partnership, foreign trust or foreign estate (as those items are defined in the Code and Income Tax Regulations).
No Interest Rate Protection Agreement shall alter, impair, restrict, limit or modify in any respect the obligation of Borrower to pay interest on the Loan as and when the same becomes due and payable in accordance with the provisions of the Loan Documents.
No Interest shall accrue hereunder unless and until an Event of Default has occurred.
No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Termination Date.