Revised Interest Rate definition

Revised Interest Rate means the per annum rate of interest which is the greater of (i) the Interest Rate plus 5% and (ii) the Treasury Rate on the Optional Prepayment Date plus 6.50%.

Revised Interest Rate means the greater of (i) the sum of the --------------------- Initial Interest Rate plus five hundred (500) basis points, and (ii) as of the Optional Prepayment Date, the sum of the Fifteen Year Treasury Rate plus five hundred (500) basis points, Revised Interest Rate not to exceed the Maximum Amount.

Revised Interest Rate has the meaning set forth in the definition of Excess Interest.

Examples of Revised Interest Rate in a sentence

• In the event that Borrower does not repay the Principal Amount in full on or before the Anticipated Repayment Date, then, from and after the Anticipated Repayment Date, interest shall accrue on the Principal Amount at the Revised Interest Rate.

• To the extent, for any period, that accrued interest at the Revised Interest Rate exceeds interest required to be paid hereunder for such period at the Initial Interest Rate (such amount, the "Accrued Interest"), Borrower shall only be required to pay such Accrued Interest after the outstanding principal balance of the Note has been paid in full.

• Interest on the Outstanding Principal Balance (including any Accrued Interest) shall accrue from (and including) the Anticipated Repayment Date to (but excluding) the Maturity Date at the Revised Interest Rate or as otherwise set forth in this Agreement or in the Note.

• From and after the Anticipated Repayment Date, interest shall accrue on the unpaid principal balance from time to time at the Revised Interest Rate.

• From and after the Optional Prepayment Date, all interest accruing in respect of the Note in excess of the Interest Rate ("Accrued Interest") shall be deferred, be added to the Debt and, to the extent permitted by applicable law, accrue interest at the Revised Interest Rate, compounded monthly.

More Definitions of Revised Interest Rate

Revised Interest Rate. Any increased Mortgage Rate after a Hyper-Amortization Date.

Revised Interest Rate three percent (3.0%) per annum plus the greater of (i) the Initial Interest Rate, or (ii) the ten (10) year swap yield as of the first (1st) Business Day after the Anticipated Repayment Date (as determined by Lender in its sole discretion).

Revised Interest Rate the per annum rate of interest that is the greater of (i) the Interest Rate plus 5% and (ii) the Treasury Rate on the Optional Prepayment Date plus 5%.

Revised Interest Rate shall have the meaning ascribed to the term in Clause 3.1 (Payment of Interest) hereof

Revised Interest Rate has the meaning ascribed to such term in paragraph 3.2(a) of Schedule 1 (Terms and Conditions).

Revised Interest Rate means two and one-half percent (2.5%) per annum plus the greater of (i) the Initial Interest Rate, or (ii) the ten (10) year swap yield as of the first (1st) Business Day after the Anticipated Repayment Date (as determined by Lender in its sole discretion).

Revised Interest Rate means the greater of (i) the sum of the Stabilization Interest Rate plus five hundred (500) basis points, and (ii) as of the Optional Prepayment Date, the sum of the Ten Year Treasury Rate plus (x) six hundred ninety-five (695) basis points, if the Stabilization Interest Rate is as set forth in clauses (i) or (iii) of the definition of such term or (y) six hundred eighty (680) basis points, if the Stabilization Interest Rate is as set forth in clause (ii) of the definition of such term, such Revised Interest Rate not to exceed the Maximum Amount.