Revised Interest Rate definition

Revised Interest Rate means the greater of (i) the sum of the Initial Interest Rate plus five hundred (500) basis points, and (ii) as of the Optional Prepayment Date, the sum of the Twenty Year Treasury Rate plus six hundred and fifty-five (655) basis points, such Revised Interest Rate not to exceed the Maximum Amount.
Revised Interest Rate the per annum rate of interest that is the greater of (i) the Fixed Rate plus five percent (5%) and (ii) the Treasury Rate on the Optional Prepayment Date plus six and 95/100 percent (6.95%), such Revised Interest Rate not to exceed the Maximum Rate.
Revised Interest Rate has the meaning set forth in the definition of Excess Interest.

Examples of Revised Interest Rate in a sentence

  • The interest rate will be revised as the sum of the Mid-Swap Rate (for the period determined in the Final Terms) plus the Revision Margin at the first, second, and third Revision Dates, as determined by the Paying Agent on the relevant Determination Date (apart from the first, each of the following interest rates will be termed a Subsequent Revised Interest Rate).

  • Interest accrued at the Revised Interest Rate and not paid pursuant to the preceding sentence or otherwise shall be deferred and added to the Principal Amount and shall earn interest at the Revised Interest Rate to the extent permitted by applicable law.

  • If a contract is properly terminated by the buyer or lessee, as described in this rule, the developer shall refund to the proposed buyer or lessee any deposit made, together with any interest in accordance with Section 718.202, Florida Statutes.

  • DEFAULT INTEREST: Upon the occurrence of an event of default, the Permanent Loan and the Facility will each accrue interest at a rate per annum equal to the then applicable interest rate (the Interest Rate or the Revised Interest Rate, as defined herein) plus 500 basis points.

  • Section J[] is effective as of June 30, 2006,” the date of the Commission’s June 2006 Rehearing Order, “and applies only to late payment charges due on or after that date.” Id. (footnote omitted),In the alternative, New England Power requested rehearing on the effective date of the Revised Interest Rate.


More Definitions of Revised Interest Rate

Revised Interest Rate. Any increased Mortgage Rate after a Hyper-Amortization Date.
Revised Interest Rate means three percent (3%) per annum plus the greater of (i) the Initial Interest Rate, or (ii) the seven (7) year swap yield as of the first (1st) Business Day after the Anticipated Repayment Date (as determined by Lender in its sole discretion); provided, however, that the Revised Interest Rate shall not exceed the Initial Interest Rate plus five percent (5%) per annum.
Revised Interest Rate means the greater of (i) the Initial Interest Rate plus two percent (2%) and (ii) the Treasury Rate on the Anticipated Prepayment Date plus two percent (2%).
Revised Interest Rate means the per annum rate of interest which is equal to five percent (5%) plus that rate which is the greater of (i) the Interest Rate and (ii) the Treasury Rate on the Reset Date plus 1.20%.
Revised Interest Rate shall have the meaning ascribed to the term in Clause 3.1 (Payment of Interest) hereof
Revised Interest Rate has the meaning ascribed to such term in paragraph 3.2(a) of Schedule 1 (Terms and Conditions).
Revised Interest Rate means two and one-half percent (2.5%) per annum plus the greater of (i) the Initial Interest Rate, or (ii) the ten (10) year swap yield as of the first (1st) Business Day after the Anticipated Repayment Date (as determined by Lender in its sole discretion).