Total Interest Payable definition
Examples of Total Interest Payable in a sentence
Consolidated Total Interest Payable for the Group for any Test Period means the Interest accrued during such period as an obligation of any member of the Group (other than in respect of Financial Indebtedness owing by one member of the Group to another) taking into account any net payment or net receipt under any of the Hedging Documents.
If the Total Interest Payable exceeds the Minimum Interest Amount, no Additional Interest shall be payable.
Consolidated Total Net Interest Payable for the Group in any Test Period means Consolidated Total Interest Payable less any Interest received or receivable by any member of the Group (other than from another member of the Group) in such period.
Total Payments: $ Total Interest Payable: $ Payment $ Payment $ In order to calculate your Payment Amounts, we have assumed that your Loan will be advanced on a certain date.
In the event of a prepayment in full of the Note under Section 1.4, 1.5 or 1.6 or acceleration of the Principal Balance under Section 9.2, a prepayment penalty shall be due and payable equal to the excess (if any) of the Minimum Interest Amount over the Total Interest Payable that has accrued as of the date of the Mandatory Prepayment Event or the date of such acceleration under Section 9.2, as applicable (such amount shall be referred to as the "Prepayment Penalty").