Scheduled Interest Rate definition

Scheduled Interest Rate means the applicable rate of interest or, if the Reference Obligation is not in the form of debt, the rate used to calculate periodic distributions pursuant to the terms of the Reference Obligation as of the Effective Date (or the date on which such Reference Obligation was added to the Reference Portfolio) scheduled to be paid (or if the Reference Obligation is not in the form of debt, payable, assuming satisfaction of any condition to payment) under the terms of the Reference Obligation as of the Effective Date (or the date on which such Reference Obligation was added to the Reference Portfolio) on the outstanding principal amount of the Reference Obligation. Such interest rate shall be the Scheduled Interest Rate even if interest is not required to be paid or is paid at a lower rate under the terms of the Reference Obligation from time to time if sufficient funds are not available, pursuant to an available funds cap or otherwise.
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Scheduled Interest Rate means, with respect to each Interest Period, the Floating Rate determined in respect of such Interest Period.
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Scheduled Interest Rate means the applicable rate of interest of the Reference Obligation.9. Notice and Account Details: Contact Details for Notices: Seller: Octagon Limitedc/o Maples Finance LimitedP.O. Box 1093 GT Queensgate House South Church Street George Town Grand Cayman Cayman IslandsTelephone: + 1 345 945 7099Fax: + 1 345 945 7100 Attention: The Directors Buyer:Dresdner Bank AG London Branch 30 Gresham StreetLondon EC2P 2XY Telephone: (+4969) 263 15101/10213Facsimile: (+4969) 263 18370 Attn: Swap SettlementsCopy: Structured Products Legal (for Credit Event Notices)Telephone: (+44 207) 623 8000Facsimile: (+44 207) 929 7958 Account Details:Account Details Buyer: Dresdner Bank AG Frankfurt favour Dresdner Bank AG London Branch Account No.: 499/08197210/11Account Details of Seller: Payment to: HSBC Bank plc, London (SWIFT MIDLGB22) Account No.: 87511933Reference: Attention CTLA Operations re Octagon Limited Series 2006-1Please confirm that the foregoing correctly sets forth the terms of our agreement by executing the copy of this Confirmation enclosed for that purpose and returning it to the attention of the aboveor by sending to us a letter substantially similar to this letter, which letter sets forth the material terms of the Transaction to which this Confirmation relates and indicates your agreement to those terms.Yours sincerely, Confirmed as of the date first written above: Dresdner Bank AG London Branch Octagon Limited Name: Name:Title: Title: Name:Title: GENERAL INFORMATION
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Examples of Scheduled Interest Rate in a sentence

  • Loan Modifications (Pertains only to loans modified for loss mitigation purposes) Numeric – Decimal 12000 9(10).99 Modified Loans Only >= 0 149 Pre-Modification Interest (Note) Rate Scheduled Interest Rate Of The Loan Immediately Preceding The Modification Effective Payment Date.

  • The company has not issued any securities which were issued for consideration other than cash, at a premium or discount or in pursuance of an option.

  • Commercial property debt maturities for the next five years and thereafter are as follows: Weighted- Average Scheduled Interest Rate at(Millions)Amortization(1,2) Maturities Total(3)Mar.

  • The Company shall notify the Trustee of such Scheduled Interest Rate Increase in an Officers’ Certificate.

  • Commercial property debt maturities for the next five years and thereafter are as follows: Weighted-Average Scheduled Interest Rate (%) at (Millions, except interest data) Amortization Maturities Total Dec.

  • Commercial property debt maturities for the next five years and thereafter are as follows:Weighted-Average Scheduled Interest Rate (%) at (Millions, except interest data) Amortization Maturities Total Mar.

  • Form of Opinion of Special Counsel For The Company We have acted as special counsel to Middlesex Water Company, a New Jersey corporation (the “Borrower”), in connection with the Bond Purchase Agreement dated as of November 18, 2020 (the “Agreement”) by and between the Borrower and the Purchasers named therein and the authorization, issuance, sale, execution and delivery by the Borrower of its $40,000,000 First Mortgage Scheduled Interest Rate Bonds, Series 2020A (the “2020A Bonds”) to the Purchasers.

  • The balance of $568 million is at LIBOR plus 250 basis points Commercial property debt maturities of our equity accounted investments for the next five years and thereafter are as follows: Weighted- Average Scheduled Interest Rate at (Millions) Amortization(1) Maturities Total Dec.

  • Table 4.4.4. Metallic impurities measured in the METALEUROP LBE Analytical technique The table provides the metallic impurities concentrations measured in the alloys with the different analysis techniques.

  • Commercial property debt maturities including assets held for sale for the next five years and thereafter are as follows: Weighted- Average Scheduled Interest Rate at(Millions)Amortization(1,2) Maturities TotalDec.

Related to Scheduled Interest Rate

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • Capped Interest Rate is defined in the Note, if applicable.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Class D Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Class A-1 Interest Rate means 0.75000% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-3 Interest Rate means 1.49% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Lower-Tier Interest Rate As described in the Preliminary Statement.

  • Class E Interest Rate means 4.99% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Base Interest Rate means a rate of interest based on the LIBOR-Rate. "Base Interest Rate Loan" means amounts outstanding under this note that bear interest at a Base Interest Rate. "Base Rate Maturity Date" means the last day of the Interest Period with respect to principal outstanding under a Base Interest Rate Loan. "Business Day" means a day on which Bank is open for business for the funding of corporate loans, and, with respect to the rate of interest based on the LIBOR Rate, on which dealings in U.S. dollar deposits outside of the United States may be carried on by Bank. "Interest Period" means with respect to funds bearing interest at a rate based on the LIBOR Rate, any calendar period of one, three, six, nine or twelve months. In determining an Interest Period, a month means a period that starts on one Business Day in a month and ends on and includes the day preceding the numerically corresponding day in the next month. For any month in which there is no such numerically corresponding day, then as to that month, such day shall be deemed to be the last calendar day of such month. Any Interest Period which would otherwise an on a non-Business Day shall end on the next succeeding Business Day unless that is the first day of a month, in which event such Interest Period shall end on the next preceding Business Day. "LIBOR Rate" means a per annum rate of interest (rounded upward, if necessary, to the nearest 1/100 of 1%) at which dollar deposits, in immediately available funds and in lawful money of the United Sates would be offered to Bank, outside of the United Sates, for a term coinciding with the Interest Period selected by Debtor and for an amount equal to the amount of principal covered by Debtors' interest rate selection, plus Bank's costs, including the costs, if any, of reserve requirements. "Origination Date" means the first day of the Interest Period. "Reference Rate" means the rate announced by Bank from time to time at its corporate headquarters as its Reference Rate. The Reference Rate is an index rate determined by Bank from time to time as a means of pricing certain extensions of credit and is neither directly tied to any external rate of interest or index nor necessarily the lowest rate of interest or index nor necessarily the lowest rate of interest charged by Bank at any given time.

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Class A-2a Interest Rate means [●]% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

  • Note Interest Rate means a per annum rate equal to 0.06% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its “prime rate.” If a Citibank, N.A. prime rate is not available, the applicable prime rate will be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid.

  • Stated Interest Rate “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement”, “United”, and “United Bankruptcy Event”.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.