Original Interest definition

Original Interest. A Original contractual interest rate for Rate loan. Negative A Code/literal to identify loans where Text Amortization Flag negative amortization is allowed. Example: Y=neg am allowed, N=no neg am allowed. Negam Percent Cap A Maximum percentage of original balance Number that a loan may negatively amortize by. Example: 1.25, 1,10. Servicing Fee A Servicing Fee rate due servicer. Example: Number 0.25%. Property Type A Code/literal that identifies the type of Text property securing the loan. See Enumerations worksheet. Property Address A Property address, not billing address. Text Property City A Property city. Text Property State A Property state. Text Property Zip A Property zip. Number Borrower Name A Name of borrower. Preferably in a fixed Text format. Example: SMITH JOHN W. CoBorrower Xxxx X Xxxx xx Xx xxxxxxxx. Preferably in a Text fixed format. Example: SMITH JOHN W. Borrower Soxxxx X Xxxxxx xxxxxxxxx XX. Example: 111-22- Number Security 3333. Number/TIN CoBorrower Social A Eleven character ID. Example: 111-22- Number Security 3333. Number/TIN Original FICO score A Credit bureau score obtained at Number application.
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Original Interest. A Original contractual interest rate for Rate loan. Negative A Code/literal to identify loans where Text Amortization Flag negative amortization is allowed. Example: Y=neg am allowed, N=no neg am allowed. Negam Percent Cap A Maximum percentage of original balance Number that a loan may negatively amortize by. Example: 1.25, 1,10. Servicing Fee A Servicing Fee rate due servicer. Number Example: 0.25%. Property Type A Code/literal that identifies the type Text of property securing the loan. See Enumerations worksheet. Property Address A Property address, not billing address. Text Property City A Property city. Text Property State A Property state. Text Property Zip A Property zip. Number Borrower Name A Name of borrower. Preferably in a Text fixed format. Example: SMITH JOHN W. CoBorrower Xxxx X Xxxx xx Xx xxxxxxxx. Preferably in a Text fixed format. Example: SMITH JOHN W. A Original FICO score A Credit bureax xxxxx xxxained at Number application.
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Original Interest means a superannuation interest of a Member in the Fund to which Part VIIIB of the Family Law Act 1975 applies.
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Examples of Original Interest in a sentence

  • This Note shall bear interest from the Original Interest Accrual Date listed on the first page of this Note.

  • The Company promises to pay interest on the principal amount hereof at the Interest Rate per annum shown above from the Original Interest Accrual Date specified above, or from the most recent Interest Payment Date to which interest has been paid, semiannually in arrears, on the Interest Payment Dates specified above, in each year, commencing with the Interest Payment Date next succeeding the Original Interest Accrual Date specified above, until the principal hereof is paid or duly provided for.

  • Interest, if any, on each Book-Entry Note will accrue from the Original Interest Accrual Date for the first interest period or the last date to which interest has been paid, if any, for each subsequent interest period, on the Global Security representing such Book-Entry Note, and will be calculated and paid in the manner described in such Book-Entry Note and in the Prospectus (as defined in the Agency Agreement).

  • If both Moody’s and S&P cease to provide a rating of the Notes, the interest rate on the Notes shall increase to, or remain at, as the case may be, 2.00% above the Original Interest Rate.

  • Interest, if any, on each Book-Entry Note will accrue from the Original Interest Accrual Date for the first interest period or the last date to which interest has been paid, if any, for each subsequent interest period, on the Global Security representing such Book-Entry Note, and will be calculated and paid in the manner described in such Book-Entry Note and in the Prospectus (as defined in the Agency Agreement), as supplemented by the applicable Pricing Supplement.

  • Except for the representations and warranties contained in this Article IV or any certificate delivered pursuant to this Agreement, neither KCAP nor any other Person on behalf of KCAP makes, and BCP has not relied on, any express or implied representation or warranty with respect to KCAP, any of its Subsidiaries, any investment assets or Portfolio Company, or any other information provided to BCP in connection with the Contemplated Transactions, including the accuracy, completeness or timeliness thereof.

  • The Notes shall be dated as provided in Section 303 hereof, shall bear interest from the Original Interest Accrual Date of such Note, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be, payable on each _________ 15, _________ 15, _________ 15 and _________ 15, commencing on _____ 15, 2000, until the principal thereof is paid or made available for payment.

  • The Bonds shall be issued in the aggregate principal amount, shall bear interest at the rate per annum and shall have the Stated Maturity of principal set forth below: Original Interest Final Principal Amount Rate Maturity ----------------- --------- -------- Bonds $307,632,000 8.09% January 2, 2017 The Bonds shall be substantially in the form of Exhibit A hereto.

  • The Notes shall be dated as provided in Section 303 hereof, shall bear interest from the Original Interest Accrual Date of such Note, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, as the case may be, payable on each January 1, April 1, July 1 and October 1, commencing on July 1, 1998, until the principal thereof is paid or made available for payment.

  • If Moody’s subsequently increases its rating of the Notes to Baa3 or higher and S&P increases its rating to BBB- or higher the interest rate on the Notes shall be decreased to the Original Interest Rate.Each adjustment required by any decrease or increase in a rating set forth above, whether occasioned by the action of Moody’s or S&P, shall be made independent of any and all other adjustments.


More Definitions of Original Interest

Original Interest is defined in Section 1.1(a).
Sample 1
Original Interest and the "Original Interest Period", respectively); (d) the interest rate to be borne by the principal balance of the Debentures (Series B) starting from Date of the Rating Downgrade up to the date of the actual payment of the next interest payment, namely, the Original Interest plus the additional interest rate per annum (the interest rate will be calculated in accordance with 365 days per year) (hereinafter: the “Amended Interest”), if the interest rate was not raised previously, if raised at all, in respect of deviations, if any, from the aforesaid financial covenants in Section 5.3 below, then the increase in the interest rate with respect to the aforesaid downgrade shall be limited such that the overall additional annual interest (except if entitlement to interest on arrears is established) with respect to a decline in rating and failure to comply with the financial covenants will not exceed 1.25% in any event; (e) the weighted interest rate to be paid by the Company to the holders of the Debentures (Series B) on the next interest payment date, deriving from the provisions of Subsections (C) and (D) above ; (f) the annual interest rate reflected in the weighted interest rate; (g) the annual interest rate and the semiannual interest rate (the semiannual interest rate shall be calculated as the annual interest divided by divided by two) for the forthcoming periods.
Sample 1

Related to Original Interest

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

  • Original Fractional Interest With respect to each of the following Classes of Class 1-B Certificates, the corresponding percentage described below, as of the Closing Date: Class 1-B-1 1.36% Class 1-B-2 0.80% Class 1-B-3 0.50% Class 1-B-4 0.30% Class 1-B-5 0.15% Class 1-B-6 0.00% Original Class 1-B Certificate Balance: $12,540,662.00. OTS: The Office of Thrift Supervision.

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

  • Additional Interest means all amounts, if any, payable pursuant to Section 4.06(d), Section 4.06(e) and Section 6.03, as applicable.

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

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

  • 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.

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

  • 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

  • Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.

  • Original Class B-4 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-4 Fractional Interest is specified in Section 11.19.

  • Original Class B-5 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-5 Fractional Interest is specified in Section 11.20.

  • Original Class B-1 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-2 Principal Balance, the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-1 Fractional Interest is specified in Section 11.16.

  • Original Class B-3 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-4 Principal Balance, the Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-3 Fractional Interest is specified in Section 11.18.

  • Initial Interest Rate means, as of any date of determination, (a) with respect to each A Note, the Initial Note A Interest Rate and (b) with respect to each B Note, the Initial Note B Interest Rate.

  • Original Class B-2 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-2 Fractional Interest is specified in Section 11.17.

  • International Interest has the meaning ascribed to the defined term “international interest” under the Cape Town Treaty.

  • Financial Interest means either:

  • Post-ARD Additional Interest With respect to any ARD Mortgage Loan after its Anticipated Repayment Date, all interest accrued on the principal balance of such ARD Mortgage Loan at the Post-ARD Additional Interest Rate (the payment of which interest shall, under the terms of such ARD Mortgage Loan, be deferred until the principal balance of such ARD Mortgage Loan and all other interest thereon has been paid in full), together with all interest, if any, accrued at the related Mortgage Rate on such deferred interest.

  • Current Class B-4 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-4 Fractional Interest.

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

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

  • Current Class B-5 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the Principal Balance of the Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-5 Fractional Interest.