Notional Interest definition

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

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 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)

Examples of Notional Interest in a sentence

• In 2015, Cyprus introduced Notional Interest Deduction (‘NID’) in its tax law, which relates to a notional interest deduction on new equity which can be set against taxable income generated by the company as a result of the funds from the new equity.

• The amount, if any, determined in accordance with the preceding sentence shall be increased to reflect deemed earnings on such amount during the applicable Holdback Period based on the applicable Notional Interest Rate during such period.

• 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.

• FINANCE COSTBank Charges & Commission 49231.37 2872.72 Interest Expense on borrowings 765710.40 738740.00 Notional Interest on Preference shares 5086.91 4666.89 TOTAL820028.68 746279.61 27.

• Deferred tax asset; NID = Notional Interest Deduction * See Note 2.1 for details regarding restatement as a result of a change in accounting policy.

More Definitions of Notional Interest

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 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;

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)

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 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 of interest applicable in relation to the person under the relevant provisions; and