Target Interest definition

Target Interest has the meaning set forth in Section 9.5(a).

Target Interest means the seventy-five percent (75%) membership interest in each of (i) Hotel Lessee Program and (ii) Hotel Investment Program, which is held by Seller as of the Closing Date, and which represents Seller’s entire interest in Hotel Lessee Program and Hotel Investment Program as well as Seller’s entire beneficial interest in the Property.

Target Interest means the 100% equity interests in the Target Company held by Party B which shall be acquired from Party B by Party A under this Agreement, for which Party A indirectly holds the equity interests and ownership of the subsidiaries, branches and schools of the Target Company.

Examples of Target Interest in a sentence

• Current Interest means, with respect to a Calculation Date, an amount of interest due for theimmediately preceding Interest Period, calculated as follows: Target Interest Rate X Notional Principal Amount X Target Day Count Fraction.

• Each Security bears interest [insert if a Partly-paid Security: on the amount paid up] from (and including) [insert Interest Commencement Date] (the “Interest Commencement Date”) calculated as provided below [in case of TARN Securities including a cap insert:, provided that the total amount of interest payable on each Security (the “Total Interest Amount”) shall not be more than the Target Interest (as defined in §5(4)) as more fully described in paragraph (3)].

• There are two tiers of financing available:• Tier 1: Target Interest Rate is 7.99% and maximum financing is 10% of total property value (before the Authorized Improvements).

• This Note Internal Rate of Return is provided for illustrative purposes only and is intended to demonstrate the effective return which would be generated by the Notes on an annual basis based on the compounded effect of the Target Interest Rate if interest payments are made on each Payment Date.

• The sum of the annual payment and property taxes cannot exceed 3% of the total property value.• Tier 2: Target Interest Rate is 8.99% and maximum financing is 20% of total property value (before the energy efficiency improvements).

More Definitions of Target Interest

Target Interest means the 4.356% equity interest owned by China National United Oil Corporation in the Fuel Oil Company

Target Interest means the one percent (1%) limited partnership interest in Houston Hotel Associates, which is held by Seller as of the Closing Date.

Target Interest means 51% equity interest in Hubei Autoboom

Target Interest has the meaning set forth in Section 10.02(e)(i) hereof.

Target Interest means the following types of cargo or interest: new finished textiles, furs, perfume, alcoholic beverages, electronic goods, consumer appliances, video, audio and photographic equipment, finished tobacco products, china and glassware, works of art, firearms, explosives, red label chemicals, crude oil and gasoline.

Target Interest means interest and amounts in the nature of interest paid or payable in relation to any Financial Indebtedness of the Target Group Covenant Companies (other than Financial Indebtedness owed by one Covenant Company to another Covenant Company) excluding Securitisation Interest together with, to the extent that it is not Financial Indebtedness of Target Group Covenant Companies, any Financial Indebtedness under the Term A Facility, Term B Facility and the Revolving Facility (but excluding any Financial Indebtedness under the Term C Facility and the Cash Bridge Facility), including:

Target Interest means any partnership interest in Target.