Projected Interest Payments definition

Projected Interest Payments means, as to any Called Principal of Loans, the aggregate amount of interest that would accrue during the Called Principal Determination Period therefor assuming that (x) such interest would accrue on each day during such Called Principal Determination Period at the same rate of interest as is applicable to the Loans hereunder on the relevant Called Principal Determination Date, and (y) such Called Principal remained outstanding in full during the entire Called Principal Determination Period.
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Projected Interest Payments means, with respect to the Called Principal of any Term B Loan, all payments of interest that would be due after the effective date of prepayment with respect to such Called Principal if no payment of such Called Principal were made prior to its scheduled due date.
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Projected Interest Payments means, as to any Called Principal of Term Loans, the aggregate amount of interest that would accrue during the Called Principal Determination Period therefor assuming that (x) such interest would accrue on each day during such Called Principal Determination Period at the same rate of interest as is applicable to the Term Loans hereunder on the relevant Called Principal Determination Date, such Projected Interest Payments to be calculated in the manner utilized in, and based on the methodology and assumptions implicit in, the hypothetical calculation prepared by the Administrative Borrower as an example and attached hereto as Exhibit S (it being agreed that the hypothetical Called Principal amount, interest rates and payment dates utilized in such hypothetical computation are not indicative of any actual Called Principal or Called Principal Determination Date or the actual interest rates that would apply on any actual Called Principal Determination Date as to any actual Called Principal) and (y) such Called Principal remained outstanding in full during the entire Called Principal Determination Period.
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Examples of Projected Interest Payments in a sentence

  • All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination or other similar transaction during such period.(12) Note to Draft: This definition, and the definitions of Change of Control Payment Date, Discounted Yield Value, Projected Interest Payments and Reinvestment Yield, will only be included in the Fireman’s notes.


More Definitions of Projected Interest Payments

Projected Interest Payments means, as to any Optional Prepayment Amount, the aggregate amount of interest that would accrue during the Interim Period therefor assuming that (a) such interest would accrue on each day during such Interim Period at the same rate of interest as is applicable to the Notes hereunder on the relevant Company Optional Prepayment Date, and (b) such Optional Prepayment Amount remained outstanding in full during the entire Interim Period.
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Projected Interest Payments means, as to the Average Principal Amount, the aggregate amount of interest that would accrue during the Interim Period therefor assuming that (a) such interest would accrue on each day during such Interim Period at the same rate of interest as is applicable to the Notes hereunder (including the increased rates of interest under Section 1.1) on the Change of Control Payment Date, and (b) the Average Principal Amount remained outstanding in full during the entire Interim Period.]
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Related to Projected Interest Payments

  • Interest Payments With respect to any Purchased Asset, all payments of interest, income, receipts, dividends, and any other collections and distributions received from time to time in connection with any such Purchased Asset.

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • Interest Payment has the meaning set forth in Section 4.02.

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • Fixed Rate Interest Payment Date has the meaning provided in Section 3.02(e)(i).

  • Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.

  • Interest Payment Dates shall have the meaning set forth in paragraph 1 of each Note.

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.

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

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Compensating Interest Payments Any payment required to be made by the Master Servicer pursuant to Section 3.13 of this Agreement to cover Prepayment Interest Shortfalls.

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

  • Compensating Interest Payment As defined in Section 6.06.

  • LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.

  • Compulsory Interest Payment Date means any Interest Payment Date unless at the Assemblée Générale of the shareholders of the Issuer immediately preceding such date which was required to approve the annual accounts of the Issuer for the fiscal year ended immediately prior to such Assemblée Générale, no resolution was passed to pay a dividend on the ordinary share capital of the Issuer in respect of such previous fiscal year and

  • Interest Payable means in respect of the relevant Measurement Period ending on any Measurement Date, the aggregate of:

  • Impacted Interest Period has the meaning assigned to such term in the definition of “LIBO Rate”.

  • Selected Interest Rates as the Bank prime loan rate or its equivalent), and (ii) the Federal Funds Rate plus 50 basis points per annum. Each change in any interest rate provided for in the Agreement based upon the Index Rate shall take effect at the time of such change in the Index Rate.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;