Reinvestment Premium definition

Reinvestment Premium means the amount computed in accordance with Schedule C.
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Reinvestment Premium means an amount equal to the net present value of the difference in scheduled interest payments of (A) above less (B) above for each scheduled interest period, discounted at the 10-year Interest Rate Swap as reported on the Federal Reserve H.15 report as effective on the Rate Lock Breakage Date.
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Reinvestment Premium means an amount equal to the net present value of the difference in scheduled interest payments of (ii)(A) above less (ii)(B) above for each scheduled interest period, discounted at the 10 -year Interest Rate Swap rate as reported on the Federal Reserve H.15 report as effective on the Rate Lock Breakage Date.
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Examples of Reinvestment Premium in a sentence

  • If (B) above is equal to or greater than (A) above, then no Reinvestment Premium is due.

  • To the extent such Reinvestment Premium is payable pursuant to the paragraph below, it will be due within five (5) business days of the Purchaser's written request, as further described below.

  • If (ii) above is equal to or greater than (i) above, then no Reinvestment Premium is due.

  • In the event a Termination Date of any Item of Equipment occurs prior to the last day of the Maximum Term hereof relating to such Item, Obligor shall pay to Obligee on the Termination Date of such Item in immediately available funds, in addition to any other obligations hereunder, the Reinvestment Premium relating to such Item.

  • Microarray and/or SNP analyses, while promising for genotyping and subtyping applications, are not yet practical for detection although they are relevant for molecular epidemiological purposes.

  • In the event a Termination Date of any Item ---------------------- of Equipment occurs prior to the last day of the Maximum Term hereof relating to such Item, Obligor shall pay to Obligee on the Termination Date of such Item in immediately available funds, in addition to any other obligations hereunder, the Reinvestment Premium relating to such Item.

  • Interest expense during 2004 is 36% higher compared to 2003 as a result of higher average debt levels during the fourth quarter due to the acquisition of the Calpine assets.The Distribution Reinvestment, Premium Distribution and Optional Trust Unit Purchase Plans added $60 million of proceeds that were used for the capital development program and to repay debt.

  • The Reinvestment Premium payable to the Purchaser shall be equal to the net present value of the difference in scheduled interest payments of (i) above less (ii) above for each scheduled interest period, discounted at the applicable Swap Rate as of the Prepayment Date, as determined above.

  • The District understands that, if for any reason other than cancellation by the Purchaser pursuant to Section 5(a)(3) hereof, on the Settlement Date (as defined herein) the Lease-Purchase Agreement is not issued on the specific terms set forth in this Agreement, the District shall pay to the Purchaser, within five (5) business days of the Purchaser’s written request, the Reinvestment Premium as provided in the Rate Lock Agreement.

  • In the event a Termination Date of any Item of Equipment occurs prior to the last day of the Maximum Term hereof relating to such Item, Lessee shall pay to Lessor on the Termination Date of such Item, in immediately available funds, in addition to any other obligations hereunder, the Reinvestment Premium relating to such Item.


More Definitions of Reinvestment Premium

Reinvestment Premium for any Item of Equipment, as of any determination date, shall mean the excess, if any, of (a) the net present value of the sum of (i) all payments of Rent remaining to be paid after such determination date through the expiration of the Maximum Term of such Item, that would have been payable for such Item following such determination date if this Lease had been renewed through and inclusive of the expiration of the Maximum Term of such Item, and (ii) the Estimated Residual Value applicable to such Item at such expiration of the Maximum Term (together, the sum of (i) and (ii) being referred to as the "Discounted Payments"), each discounted at a rate equal to the then current yield for direct obligations of the United States Treasury having a maturity equal to the average life of the Discounted Payments, over (b) the Estimated Residual Value applicable to such Item at such time of determination.
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Reinvestment Premium. The Reinvestment Premium shall mean: an amount equal to the sum of any so-called pre-payment premium, yield maintenance payment, prepayment penalty or other similar payment that would be due under any Loan Documents were the Loan evidenced thereby paid off on the date in question. Property Account. Property Account is the applicable amount (in dollars) shown on the sixth column of the Schedule C-1 attached to this Schedule C. The dates in the second and third columns of Schedule C-1 identify the time periods to which such Property Account figures correspond. In each case in which there is a Rent Reset Lease Amendment, the Property Account shall always be the sum of (i) the Property Subaccount A prevailing from time to time plus (ii) the Property Subaccount B prevailing from time to time.
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Reinvestment Premium means, with respect to the termination of the Lease and the purchase of all of the Properties by Lessee pursuant to Article 34 of the Lease, and the accompanying prepayment of the Loan and the Equity Investment on any Payment Date occurring on or prior to July 31, 2002, a premium in one of the following amounts: (i) if such Payment Date is a date on or prior to July 31, 2000, an amount equal to two percent (2%) of the Cost of the Properties as of such Payment Date; (ii) if such Payment Date is a date on or after August 1, 2000 but on or prior to July 31, 2001, an amount equal to one percent (1%) of the Cost of the Properties as of such Payment Date; and (iii) if such Payment Date is a date on or after August 1, 2001 but on or prior to July 31, 2002, an amount equal to one-half of one percent (0.5%) of the Cost of the Properties as of such Payment Date.
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Reinvestment Premium means, as of any date, the amount (but not less than -------------------- zero) equal to the excess, if any, of (i) the sum of the Present Values (as hereinafter defined) of (a) the Termination Value (assuming the Termination Value is payable on the last day of the Maximum Lease Term), and (b) the amount of Basic Rent that would have been payable on each Installment Payment Date from and after the date of determination (assuming all payments of Basic Rent are made when due), over (ii) the Termination Value as of the date of determination. The Present Value shall be determined by discounting in accordance with ------------- generally accepted financial practice on a monthly basis at a discount rate equal to the sum of the applicable Treasury Yield plus 0.50% (which is then adjusted to monthly equivalent). The Treasury Yield for such purpose shall be -------------- determined as of 10:00 A.M. New York City time on the first Business Day before the date of determination by reference to the yields of those actively traded "On the Run" United States Treasury securities having a maturity equal to the remaining balance of the Maximum Lease Term, as shown on the display designated on "Page 500" on the Bridge Telerate Service (or such other display as may replace Page 500 on the Bridge Telerate Service) or any other reputable online source of such market data; provided that if such yields are not reported as of such time or the yields reported as of such time are not ascertainable (including by way of interpolation), the Treasury Yield shall be determined by reference to the yields reported, for the latest day for which such yields have been so reported as of the first Business Day before the date of determination, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively traded United States Treasury securities having a maturity equal to the remaining balance of the Maximum Lease Term, and provided further that if the remaining balance of the Maximum Lease Term is not equal to the maturity of the actively traded "On the Run" United States Treasury security, such yield shall be obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the yields of actively traded "On the Run" United States Treasury securities having a maturity closest to such remaining balance of the Maximum Lease Term. The Reinvestment Premium shall be determined by Lessor and shall be binding on Lessee absent manifest e...
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Related to Reinvestment Premium

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Reinvestment has the meaning set forth in Section 2.2.

  • Reinvestment Deferred Amount means, with respect to any Reinvestment Event, the aggregate amount of Net Cash Proceeds received by the Borrower or a Restricted Subsidiary in connection therewith that are not applied to prepay the Term Loans as a result of the delivery of a Reinvestment Notice.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Reinvestment Rate means .25% (one-fourth of one percent) plus the arithmetic mean of the yields under the respective headings “This Week” and “Last Week” published in the Statistical Release under the caption “Treasury Constant Maturities” for the maturity (rounded to the nearest month) corresponding to the remaining life to maturity, as of the payment date of the principal being redeemed or paid. If no maturity exactly corresponds to such maturity, yields for the two published maturities most closely corresponding to such maturity shall be calculated pursuant to the immediately preceding sentence and the Reinvestment Rate shall be interpolated or extrapolated from such yields on a straight-line basis, rounding in each of such relevant periods to the nearest month. For the purposes of calculating the Reinvestment Rate, the most recent Statistical Release published prior to the date of determination of the Make-Whole Amount shall be used.

  • Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.