Overdue Interest definition

Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.

Overdue Interest means interest due but not paid on the Interest Payment Date on which such interest is required to be paid.

Overdue Interest means interest calculated and payable as provided for in clause 16;

Examples of Overdue Interest in a sentence

• The Standby Purchaser shall not be relieved of its obligations hereunder unless and until the Trustee shall have received all amounts required to be paid by it hereunder (and any related Event of Default under the Indenture has been cured), including payment of the Total Non-Payment Overdue Interest.

• Amount of distribution in respect of Collateral Overdue Interest 0.000000 4.

• The Standby Purchaser shall not be relieved of its obligations hereunder unless and until the Trustee shall have indefeasibly received all amounts required to be paid by it hereunder (and any related Event of Default under the Indenture has been cured), including payment of the Partial Non-Payment Overdue Interest as provided for herein.

• Amount of distribution in respect of Collateral Overdue Interest 0 4.

• Penal Interest and Interest on Interest on delayed payment shall be 2% (Two percent) p.a. of overdue amount (i.e. Overdue Principal and Overdue Interest).

More Definitions of Overdue Interest

Overdue Interest means, for any Payment Date, the sum of (i) the Class A Overdue Interest, (ii) the Class B Overdue Interest, (iii) the Class C Overdue Interest, (iv) the Class D Overdue Interest and (v) the Class E Overdue Interest.

Overdue Interest means such interest calculated at the overdue rate as specified in Schedule 4 in connection with any overdue Hire Rent and other sums payable under this Agreement for the period from the relevant Payment Date or due day run from day to day until the date of settlement of such amount ;

Overdue Interest means, with respect to any Payment Date and any Note, the difference, if any, between (a) the amount of Note Interest due on the prior Payment Date with respect to such Note and (b) the amount of Note Interest (from whatever source) actually paid to the Noteholder thereof on the prior Payment Date, plus (to the extent permitted by law) interest on any such shortfall on the prior Payment Date at the Note Interest Rate from and including the prior Payment Date through the day immediately preceding the Payment Date of such calculation.

Overdue Interest has the meaning ascribed to it in Clause 6.5;

Overdue Interest means, for a Class of Notes and any Payment Date, the ---------------- difference between:

Overdue Interest. The meaning set forth in Section 3.07(a).

Overdue Interest means, as of any Payment Date, the amount, if any, by which Accrued Interest in respect of all prior Payment Dates exceeds the amount paid to Noteholders on such prior Payment Dates, together with interest thereon for each Accrual Period for each Class at the rate of the applicable Note Interest Rate plus 2%.