Required Interest Amount definition

Required Interest Amount has the meaning set forth in Section 2.24(a).
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Required Interest Amount means, with respect to the Outstanding Principal Balance of the Notes on any Payment Date, the amount of accrued and unpaid interest at the Stated Rate of Interest (plus Additional Interest, if any), determined in accordance with the terms of the Notes (including interest accruing after the commencement of a proceeding in bankruptcy, insolvency or similar Applicable Law (including any Voluntary Bankruptcy or Involuntary Bankruptcy), whether or not permitted as a claim in such proceeding or under such Applicable Law).
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Required Interest Amount means, with respect to
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Examples of Required Interest Amount in a sentence

  • Total Required Interest Amount: $9,957,193.15 c) Projected Subaccount Payments and Levels Subaccount Projected Level Funding Requiredi.

  • The agreement stated that “in order to secure the payment of our fees and costs .

  • Total Required Interest Amount: $8,620,283.97 c) Projected Subaccount Payments and LevelsSubaccount Projected Level Funding Requiredi.

  • The Escrow Agent shall have no duty to solicit any payments which may be due hereunder, including, without limitation, the Term Loan Facility Proceeds, the Escrowed Revolving Proceeds and the Required Interest Amount nor shall the Escrow Agent have any duty or obligation to confirm or verify the accuracy or correctness of any amounts deposited with it hereunder.

  • Solution: Required Interest Amount is given by I = P × i × n = 2,000 × 0.06 × 2 = Rs. 240(c) Rahul deposited Rs. 1,00,000 in his bank for 2 years at simple interest rate of 6%.

  • Total Required Interest Amount: $9,288,738.56 c) Projected Subaccount Payments and LevelsSubaccount Projected Level Funding Requiredi.

  • Total Required Interest Amount $ 52,604,367 ============ c) PROJECTED SUBACCOUNT PAYMENTS AND LEVELS Subaccount Projected Level Funding Required ---------- --------------- ---------------- i.

  • Total Required Interest Amount: $8,286,056.68 c) Projected Subaccount Payments and LevelsSubaccount Projected Level Funding Requiredi.


More Definitions of Required Interest Amount

Required Interest Amount means, for any period, the portion of the interest payable under the Loan for such period for which such Operating Borrower is responsible pursuant to these guidelines.
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Required Interest Amount means [(I) ][for the Class [ ] [Senior] Certificates, on any Distribution Date, amount equal to the product of (x) a fraction equal to the actual number of days elapsed in the related Interest Accrual Period divided by 360, (y) (i) the applicable Class [ ] Certificate Principal Balance as of the preceding Distribution Date (after giving effect to all payments of principal made on such preceding Distribution Date) (or in the case of the initial Distribution Date, the Class [ ] Certificate Principal Balance as of the Closing Date) and (ii) the Class [ ] Pass-Through Rate for the related Interest Accrual Period] [and [(II)] for the Class [ ] [Subordinated] Certificates, an amount equal to [one-half] the product of (a) the Class A-[ ] Certificate Rate and (b) the applicable Certificate Principal Balance for the Class A-[ ] Certificates as of the preceding Distribution Date (after giving effect to all payments of principal made on such preceding Distribution Date) (or in the case of the initial Distribution Date, the Class [ ] Certificate Principal Balance as of the Closing Date).
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Required Interest Amount means [(I) ][for the Class [ ] Certificates, on any Distribution Date, amount equal to the product of (x) a fraction equal to the actual number of days elapsed in the related Interest Accrual Period divided by 360, (y) (i) the applicable Class [ ] Certificate Principal Balance as of the preceding Distribution Date (after giving effect to all payments of principal made on such preceding Distribution Date) (or in the case of the initial Distribution Date, the Class [ ] Certificate Principal Balance as of the Closing Date) and (ii) the Class [ ] Pass-Through Rate for the related Interest Accrual Period] [and [(II)] for the Class [ ] Certificates, an amount equal to [one- half] the product of (a) the Class A-[ ] Certificate Rate and (b) the applicable Certificate Principal Balance for the Class A-[ ] Certificates as of the preceding Distribution Date (after giving effect to all payments of principal made on such preceding Distribution Date) (or in the case of the initial Distribution Date, the Class [ ] Certificate Principal Balance as of the Closing Date).
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Related to Required Interest Amount

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • 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.

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

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.