RWPS Interest definition

RWPS Interest means the repayment without proof of sale interest which shall accrue at the rate provided in subclause 4.6 herein.

Examples of RWPS Interest in a sentence

  • RWPS Interest shall be the rate of 1.00% per annum above the Interest Rate otherwise payable by the Producer.

Related to RWPS Interest

  • Excess Interest With respect to each ARD Mortgage Loan, additional interest accrued on such ARD Mortgage Loan after the Anticipated Repayment Date allocable to the difference between the Revised Rate and the Mortgage Rate, plus any compound interest thereon, to the extent permitted by applicable law and the related Loan Documents. The Excess Interest on any ARD Mortgage Loan shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

  • business interest ’ means —