The Interest definition

The Interest. Rate for each calendar month shall be fixed based upon the Base Rate published prior to and in effect on the first (1st) Business Day of such month. Interest shall be calculated on a 360 day year and charged for the actual number of days elapsed.
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The Interest. The maximum rate of interest that is acceptable on the relevant date by Bank Hapoalim Ltd. for unapproved overdrafts (including “exceptional interest”) in addition to 5% per annum.
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The Interest of the County of Carr▇▇▇, ▇▇ntucky under the Lease Agreement has been assigned to Dal-Ichi Kangyo Trust Company of New York, as Trustee (the "Trustee") in Section 4.7, hereof and in a Trust Indenture dated as of September 1, 1990 between the County and the Trustee. TABLE OF CONTENTS -----------------
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Examples of The Interest in a sentence

  • The Interest Determination Date pertaining to a Floating Rate Note, the interest rate of which is determined with reference to two or more Interest Rate Bases, will be the latest Business Day which is at least two Business Days before the related Interest Reset Date for the applicable Floating Rate Note on which each Interest Reset Basis is determinable.

  • The Interest Only MAC Notes are not entitled to receive payments of principal.

  • The Interest Reserve Account shall be established and maintained as a non-interest bearing Eligible Account.

  • The Interest Amount or portion thereof not Transferred pursuant to this Paragraph will constitute Posted Collateral in the form of Cash and will be subject to the security interest granted under Paragraph 2.

  • The Interest Rates for the LIBOR Floating Rate Classes for each Interest Accrual Period shall be determined by ▇▇▇▇▇▇ ▇▇▇ or the Paying Agent on the Index Determination Date in the month following the month in which the Settlement Date occurs and on each Index Determination Date thereafter so long as the LIBOR Floating Rate Classes are outstanding on the basis of LIBOR and the applicable formulae specified in the Prospectus Supplement or the Lower Tier Schedule, as the case may be.

  • The Interest of the General Partner shall be purchased as follows.

  • The Interest Only Certificates will be issuable only in denominations corresponding to initial Certificate Notional Amounts as of the Closing Date of $1,000,000 and in integral multiples of $1 in excess thereof.

  • The Interest Determination Date for an Interest Period will be the second London business day preceding such Interest Period.

  • The Interest is personal property and may be transferred or assigned, in whole or in part, as permitted by the Equityholders Agreement, in the sole discretion of the Member.

  • The Interest Reserve Account shall be established and maintained as an Eligible Account.


More Definitions of The Interest

The Interest means ED's rights to receive any dividends paid to the Trust by the Company in respect of the Trust's shareholding in the Company;
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The Interest of any other Member shall be represented by "Class C Units." Each Unit issued as of the Closing Date shall represent a Capital Contribution of one hundred dollars ($100). The holders of Class A Units and Class B Units shall have the voting rights specified in this Agreement. The holders of Class C Units shall not have any voting rights, except the right to vote in respect of certain proposed amendments, as more fully specified in Section 11.1. From and after the making by the Members of Capital Contributions to fund an investment other than the investment in HF Holdings to be made as of the Closing Date, the Units of the Company shall be segregated not only by Class, but also by investment so that the Units issued in respect of an investment shall represent only an interest in that investment (and the Short-Term Investments, if any, related thereto). The holders of Class A Units, Class B Units and Class C Units issued in respect of a particular investment shall be entitled to receive the Distributions and allocations of Net Profit and Net Loss (and other items treated as Net Profit and Net Loss pursuant to Sections 3.4 and 3.5) in respect of such investment as are specified in Article 5. For the sake of clarity, the Units issued in respect of the investment in HF Holdings on the Closing Date shall be designated the "HF Class A Units", the "HF Class B Units" and the "HF Class C Units."
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The Interest. Rate payable hereunder shall increase or decrease by an amount equal to each increase or decrease, respectively, in the Prime Rate, effective on the first day of the month after any change in the Prime Rate is announced. The increase or decrease shall be based on the Prime Rate in effect on the last day of the month in which any such change occurs. Interest shall be calculated on the basis of a three hundred sixty (360) day year and actual days elapsed. In no event shall the interest charged hereunder exceed the maximum permitted under the laws of the State of New York or other applicable law.
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Related to The Interest

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • business interest ’ means —

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.