Promotional Interest definition

Promotional Interest means single-tier interest of 1.00% p.a. enjoyed by MyDream Account / Promotional Profit Sharing Ratio of 20:80 means the sharing ratio for MyDream Account-i holders during the Campaign Period which indicative is 1.00%.
Promotional Interest means an entitlement to the Manager of an interest in the Company as an additional Management Fee in the amounts specified in Section 14.13 of the Agreement.

Examples of Promotional Interest in a sentence

  • Upon any such termination of the Promotional Interest, DCT LLC may elect to trigger the buy-sell provision with respect to all the Properties in Section 16.1.2 by issuing a Buy-Sell Offering Notice within 30 days of such termination.

  • We may make special offers to any Cardholder from time to time including, but not limited to, Introductory Interest Rate and other Promotional Interest Rate offers that temporarily lower the Interest Rate applicable to portions of the Debt, such as certain types of Cash Advances.

  • Your monthly statement will set out any Introductory Interest Rate(s) or Promotional Interest Rate(s) that applies to your New Balance, any remaining balances associated with those rates, and when those rates expire.

  • The Account Statement will set out any Introductory Interest Rate(s) or Promotional Interest Rate(s) that apply to the Cardholder’s New Balance, any remaining balances associated with those rates, and when those rates expire.

  • If any expiry date falls on a date for which we do not process Account Statements (for example, weekends and certain holidays), we will continue to provide the Cardholder with the benefit of the Introductory Interest Rate or Promotional Interest Rate until the next statement processing day.

  • The Account Statement will show your New Balance, Payment Due Date, transaction and posting dates, and your Interest Rate(s), including any Introductory Interest Rate or Promotional Interest Rate.

  • Except for any Promotional Interest Period, the minimum ANNUAL PERCENTAGE RATE that can apply during the line of credit is 3.250 percent.

  • For example, we could offer you a low Promotional Interest Rate applicable to certain transactions for a limited period of time, such as a 1.99% Promotional Interest Rate on Balance Transfers for 12 months.

  • We may also choose not to take away the benefit of any Introductory Interest Rate or Promotional Interest Rate offer or not to increase your interest rates by 5% (or 8% if you are a Visa Classic Low Rate Option cardholder) per annum as set out above.

  • For example, we could offer any Cardholder a low Promotional Interest Rate for certain transactions for a limited period of time, such as a 3.9% Promotional Interest Rate on Credit Card Cheques for 9 months.


More Definitions of Promotional Interest

Promotional Interest is that portion of the cash flows in excess of (1) the return of invested capital, (2) a preferred return of 9% and (3) a non-promoted pro-rata share of additional proceeds (as earned by any Westmount affiliate) in excess of the profits and distributions as described herein. The General Partner will not acquire an economic interest in the Company and will not participate in costs or revenues.
Promotional Interest means any overriding royalty interest, casing point carried working interest, back in after payout working interest, production payment or any other form of Leasehold Interest retained by Alcoxx xx the sale of a Prospect to a third party.
Promotional Interest means any overriding royalty interest, casing point
Promotional Interest means, with respect to an EOP Project, the aggregate cash distributions the Company has received or would be entitled to receive from the FS4 Project Entity or the Concar Owner under Sections 3.9.2.5.3 and 3.9.2.6.3 of the operating agreements for these entities.
Promotional Interest. With respect to an EOP Project, the aggregate cash distributions the Company has received or would be entitled to receive from the EOP Project Entity under SECTIONS 0 and 0, or, with respect to Company Projects, the aggregate cash the Company has received or is entitled to receive as distributions from the corresponding Project Entity (the "PROJECT RETURN") to the extent it exceeds the Project Return to which the Company would be entitled if the Project Return were based solely on the Company's pro-rata percentage of the equity contributed to the Project Entity.
Promotional Interest means B&B’s 30% interest in all distributions of Cash Flow from Operations, Sale or Refinancing Proceeds and all allocations of profits and losses for each Membership Class as set forth in Sections 6.1, 6.2, 6.3 and 6.4.

Related to Promotional Interest

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Fractional Interest As defined in Section 5.02(d).

  • 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

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

  • Prospective International Interest means an interest that is intended to be created or provided for in an object as an international interest in the future, upon the occurrence of a stated event (which may include the debtor’s acquisition of an interest in the object), whether or not the occurrence of the event is certain;

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

  • 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.

  • 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.

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

  • 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.

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

  • Financial Interest means either:

  • 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.

  • 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.

  • 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.

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

  • Current Class B-1 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-2, Class B-3, Class B-4, 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-1 Fractional Interest.

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

  • Current Class B-3 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-4, 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-3 Fractional Interest.

  • Current Class B-2 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-3, Class B-4, 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-2 Fractional Interest.

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

  • 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.

  • Collateral Senior Additional Interest shall have the meaning specified in subsection 4.02(d).