Notional Interest definition

Notional Interest has the meaning set forth in Section 3.3(a) hereof.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

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.

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)

Examples of Notional Interest in a sentence

• If the Company pays any cash dividend to holders of Ordinary Shares or ADSs, it shall simultaneously pay to the Holder the amount by which any dividend that would have been payable in respect of the Warranty ADSs had this Warrant been exercised prior to the relevant record date for the payment of such cash dividend exceeds the Notional Interest Amount then accrued.

• For the avoidance of doubt, any payments made by an Additional Member in respect of Notional Interest shall not be deemed a Capital Contribution for the purposes hereof and shall not reduce the Available Commitment of such Additional Member.

• For the avoidance of doubt, any payments made by an Additional Limited Partner in respect of Notional Interest shall not be deemed a Capital Contribution for the purposes hereof and shall not reduce the Available Commitment of such Additional Limited Partner.

• On the Adjustment Date (a) the Purchaser shall pay to the Vendor the amount, if any, by which the Purchase Price exceeds the Estimated Purchase Price plus the Notional Interest Adjustment or (b) the Vendor shall pay to the Purchaser the amount, if any, by which the Estimated Purchase Price exceeds the Purchase Price plus the Notional Interest Adjustment.

• The amount, if any, determined in accordance with the preceding sentence shall be increased to reflect deemed earnings on such amount based on the applicable Notional Interest Rate during the period commencing on January 1, 2013 and ending on May 17, 2014.

• Any Capital costs should be converted to Revenue costs by the inclusion of a Principal Repayment over the useful life of the asset and a Notional Interest charges to be applied.

• The ratio of nonperforming assets to loans and other real estate was U.S. Bancorp 13 TABLE 10 INTEREST RATE SWAP HEDGING PORTFOLIO NOTIONAL BALANCES AND YIELDS BY MATURITY DATE At September 30, 2000 (Dollars in Millions) Weighted Weighted Average Average Notional Interest Rate Interest Rate Maturity Date Amount Received Paid 2000........................................................

• The amount, if any, determined in accordance with the preceding sentence shall be increased to reflect deemed earnings based on the applicable Notional Interest Rate during the period commencing on January 1, 2013 and ending on May 17, 2013.

• NOTE S TO ACCOUNTS ARE INTEGRATED PART OF FI NANCIAL ST ATE MENTS 19 Other Income Notional Interest Income 0.02 0.02 Miscellaneous Income 0.75 0.09 Discount on Purchase of Non Convertible Debentures - 1.12 TOTAL 0.77 1.24 * Amount is below the rounding off norms adopted by the Company.

• The amount, if any, determined in accordance with the preceding sentence shall be increased to reflect deemed earnings on such amount during the first three calendar quarters of the calendar year following the Acceleration Event (or during the first three quarters of 2013 if the Acceleration Event occurs in 2013) based on the applicable Notional Interest Rate during such quarters.

More Definitions of Notional Interest

Notional Interest means the amount of interest applicable in relation to the person under the relevant provisions; and

Notional Interest means the notional interest accruing on the outstanding balance of the

Notional Interest means simple interest at 8% applied to customers at the point at which they have a credit balance with Vanquis.

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;

Notional Interest means any interest which that person might reasonably have been expected to have been liable to pay had the sums expended been borrowed at arm’s length; and

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;