Post-Maturity Rate definition

Post-Maturity Rate. For purposes of deciding when the "Post Maturity Rate" (shown on page 1) applies, the term "maturity" means the date of the last scheduled payment indicated on page 1 of this note or the date you accelerate payment on the note, whichever is earlier.
Post-Maturity Rate means a rate equal to the lesser of (i) an interest rate equal to the “Prime Rate” as published in The Wall Street Journal, Southwest Edition, in its listing of “Money Rates” plus two percent or (ii) the maximum non-usurious rate of interest permitted to be charged the Relevant Asset Owner under applicable Law.
Post-Maturity Rate shall have the meaning ascribed to such term in Section 9.2.

Examples of Post-Maturity Rate in a sentence

  • Past due Rent and any other past due payments required hereunder shall bear interest from maturity until paid at the Post-Maturity Rate.

  • Lessee shall reimburse Lessor for any such Taxes paid by Lessor to the applicable taxing authorities on demand, together with interest at the Post-Maturity Rate (such reimbursement to be based upon the mutual agreement of the Lessor and Lessee as to the portion of such Taxes attributable to the Premises, the Relevant Assets and the Additional Improvements).

  • It is therefore preferable to keep the measuring equipment for the precipitation measurements place as far away from the fencing and other measuring instruments as is possible, particularly from the wind mast.

  • In the event Lessor fails to pay any Taxes related to the Premises, the Relevant Assets or the Additional Improvements to the extent Lessor is responsible for payment of the same on or before delinquency, then Lessee shall have the right to pay the same on Lessor’s account, and Lessor shall reimburse Lessee for such cost on demand, together with interest at the Post-Maturity Rate.

  • It is curious that the report by NALCO Water (2020) does not refer to any other tests of the Nalmet process under any other conditions of water chemistry.The copper concentrations of the feed water to the pilot project were also much lower than the copper concentration in the single sample of mine water.


More Definitions of Post-Maturity Rate

Post-Maturity Rate means a rate equal to the lesser of (i) an interest rate equal to the “Prime Rate” as published in The Wall Street Journal , Southwest Edition, in its listing of “Money Rates” plus two percent or (ii) the maximum non-usurious rate of interest permitted to be charged the Relevant Asset Owner under applicable Law.
Post-Maturity Rate. For purposes of deciding when the "Post Maturity Rate" (shown on the other side) applies, the term "maturity" means the following: (1) if the note is payable on demand, the date you make your demand; (2) if the note is payable on demand with an alternate maturity date(s), the date you make your demand or the final alternate maturity date or the date you accelerate payment on the note, whichever is earlier; and (3) in all other cases, the date of the last scheduled payment of principal or the date you accelerate payment on the note, whichever is earlier.
Post-Maturity Rate is defined in Section 3.2.2.
Post-Maturity Rate means the rate described in Section 3.2.2.
Post-Maturity Rate means (i) when used in respect of Obligations owing to any Noteholder, the applicable default or post-maturity rate specified in the Note Agreement or the Notes, (ii) when used in respect of Obligations owing to any Bank Creditor, the applicable Default Rate (as defined in the Credit Agreement), and (iii) when used in respect of any other Obligations hereunder, the highest of any of the foregoing default or post-maturity rates.
Post-Maturity Rate has the meaning set forth in Section 9.2. “Premises” means those certain tracts or parcels of land on which the Relevant Assets are situated, such land being located near the City of Tyler, Xxxxx County, Texas, and as more particularly described or identified on Exhibit A attached hereto and made а part hereof for all purposes, but excluding those matters set forth on Schedule 1.1(b). “Prime Rate” has the meaning set forth in the Throughput Agreement. “Purchase Agreement” has the meaning set forth in the recitals. “Refinery” means Lessor’s refinery located at the Refinery Site. “Refinery Site” means that certain tract(s) or parcel(s) of land located near the City of Tyler, Xxxxx County, Texas, on which the Premises are located, and as more particularly described or identified on Exhibit B attached hereto and made а part hereof for all purposes or which may be acquired by Lessor after the date hereof for which access thereto is necessary for the use and operation of the Relevant Assets or the Additional Improvements, together with any other tracts or parcels of land adjacent thereto, and together with any common areas, drive-through access ways, parking areas and driveways for vehicular and pedestrian ingress/egress related thereto, for which access thereto is necessary for the use and operation of the Relevant Assets or the Additional Improvements. HOU03:1337014 - 4 - “Relevant Assets” means the Transferred Assets, as such term is defined in the Purchase Agreement. “Rent” has the meaning set forth in Section 2.3. “Respondent” has the meaning set forth in Section 11.3. “Shared Access Facilities” has the meaning set forth in Section 2.2(а). “Site Services Agreement” has the meaning set forth in the Recitals. “Special Damages” has the meaning set forth in Section 10.3. “SUMF Assets” has the meaning set forth in the Site Services Agreement. “Taxes” has the meaning set forth in Section 6.1. “Term” has the meaning set forth in Section 2.1. “Third Party” means а Person which is not (а) Lessor or an Affiliate of Lessor, (b) Lessee or an Affiliate of Lessee or (c) a Person that, after the signing of this Lease, becomes a successor entity of Lessor, Lessee or any of their respective Affiliates. An employee of Lessor or Lessee shall not be deemed an Affiliate. “Third-Party Claim” has the meaning set forth in Section 10.3. “Throughput Agreement” means the Throughput and Tаnkаge Agreement (Tyler Terminal and Tankage) by and between Lessor and Lessee dated as of the dat...
Post-Maturity Rate means the rate per 7-calendar day period (or portion thereof) equal to 1.00%.