Notional Interest definition

Notional Interest has the meaning set forth in Section 3.3(a) hereof.
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Notional Interest means an amount representing a notional interest expense or other financing charge calculated by reference to any of the CFC's equity or debt.
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Notional Interest means in relation to any relevant sum to be paid to the Applicant under thisparagraph 2.2 a sum equal to interest thereon at the Base Interest Rate compounded with rests on the usual quarter days for the period from the Calculation Date down to the relevant date for payment (or if earlier the date on which payment is made by the Applicant to the Agency in cleared funds)
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Examples of Notional Interest in a sentence

  • Notional interest rate shocks are applied on the resultant Modified Duration Gap to arrive at the changes in the Market Value of Equity (MVE).

  • Notional interest calculated using the relevant group’s actual weighted cost of capital and depreciation combined will give an approximately constant charge to revenue.

  • Notional interest calculated using the relevant company’s actual weighted cost of capital and depreciation combined will give an approximately constant charge to revenue.

  • Notional interest income on short positions is allocated wholly to the revenue account.

  • Notional interest expense on long positions is apportioned between revenue and capital in accordance with the Board’s long term expected returns of the Company (currently determined to be 25% to the revenue account and 75% to capital reserves).

  • Notional interest income and interest expenses were recognised for the interest-free loan.

  • The fund must be supported by a robust audit trail of relevant paperwork detailing individual amounts of: • Recoverable grant credited to the fund; • Recoverable grant by local authority; • Notional interest added; • Any withdrawals made; and • Any amount written off.

  • Notional interest is recognised on impaired loans and other financial assets based on the rate used to discount future cash flows to their net present value.

  • Notional interest` 9.96 crore on promoters’ loan credited to promoters’ loan account.

  • Notional interest earned that is not considered for bugeting purposes.


More Definitions of Notional Interest

Notional Interest means the amount equal to the aggregate of the interest deemed to have accrued on the initial notional loan for the period from the subscription date to the conversion and redemption date, calculated on a nominal annual compounded monthly basis, at a rate of 80% of the prime rate;
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Notional Interest means the interest accrued on any amount recognized as payable by the employer but which will only become due and payable on the retirement of a member;
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Notional Interest means in relation to any relevant sum to be paid to the Applicant under this paragraph 2.2 a sum equal to interest thereon at the Base Interest Rate compounded with rests on the usual quarter days for the period from the Calculation Date down to the relevant date for payment (or if earlier the date on which payment is made by the Applicant to the Agency in cleared funds)
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Notional Interest means the amount of interest applicable in relation to the person under the relevant provisions; and
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Notional Interest means the notional interest accruing on the outstanding balance of the
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Notional Interest means simple interest at 8% applied to customers at the point at which they have a credit balance with Vanquis.
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Related to Notional Interest

  • Class C Additional Interest is defined in Section 4.1(c).

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Fractional Interest As defined in Section 5.02(d).

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Original Fractional Interest With respect to each of the following Classes of Subordinate Certificates, the corresponding percentage described below, as of the Closing Date: Class B-1 1.11% Class B-2 0.71% Class B-3 0.45% Class B-4 0.25% Class B-5 0.10% Class B-6 0.00% Original Subordinate Class Certificate Balance: $11,614,127.00.

  • Additional Interest shall have the meaning set forth in Section 2(e) hereof.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

  • Shelf Additional Interest Date shall have the meaning set forth in Section 2(d) hereof.

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Personal interest means a financial benefit or liability accruing to a School Board member or employee or to a member of the immediate family of the School Board member or employee. Such interest shall exist by reason of

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

  • Prospective International Interest means an interest that is intended to be created or provided for in an object as an international interest in the future, upon the occurrence of a stated event (which may include the debtor’s acquisition of an interest in the object), whether or not the occurrence of the event is certain;