Interest and Earnings Sample Clauses

Interest and Earnings. We may perform sub-accounting, recordkeeping, administrative or other services related to your IRA, and for these services we retain and receive interest and other income from assets that you have not directed us to invest. This income includes amounts generated on the Uninvested Cash Funds that we deposit with other financial institutions.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Interest and Earnings. (m) Interest and Earnings on Finance Charge Account
Sample 1Sample 2
Interest and Earnings. We may perform sub- accounting, recordkeeping, administrative or other services related to your Xxxx XXX, and for these services we retain and receive interest and other income from assets that you have not directed us to invest. This income includes amounts generated on the Uninvested Cash Funds that we deposit with other financial institutions.
Sample 1Sample 2
Interest and Earnings. Individual interest and earnings will be applied to each individual account, on a semi- annual basis, based on account balances. If this approach causes a failure to pass the IRS required discrimination testing, interest and earnings will be allocated on a per capita basis.
Sample 1
Interest and Earnings. The Company credits amounts in the General Account with a fixed rate of interest. Interest will be credited on a daily basis. The Company may change the rate (up or down) periodically during the year, but not below the minimum guaranteed rate of [three percent (3%)]. The Funds offered under the Contract are part of Separate Account Eleven. Separate Account Eleven consists of several Sub-Accounts. Each Sub-Account is invested exclusively in the assets of one underlying Fund. Your Contributions buy accumulation units in the Sub-Accounts representing the Funds in which you elect to invest. The value of your Participant Account invested in a Fund is equal to the number of Sub-Account accumulation units for that Fund multiplied by the appropriate Sub-Account unit value. The accumulation unit value for each Sub-Account reflects the investment performance of that Sub-Account, minus expenses. Therefore, the value of the Sub-Accounts will increase or decrease according to the investment experience of the Fund.
Sample 1
Interest and Earnings. Promptly, but no later than ten business days, after the end of each calendar quarterly period, the Escrow Agent shall disburse to the Majority Shareholder all interest and earnings on the Escrow Account during such calendar quarterly period. Release Date. Promptly, but no later than two business days, after the Escrow Fund Release Date (as defined below), the Escrow Agent shall disburse to the Majority Shareholder the remaining amount held in the Escrow Fund, if any; provided, however, that, if
Sample 1

Related to Interest and Earnings

  • Interest and Late Charges If Tenant fails to pay when due any Rent or other amounts or charges which Tenant is obligated to pay under the terms of this Lease, the unpaid amounts shall bear interest at the maximum rate then allowed by law. Tenant acknowledges that the late payment of any Monthly Installment of Base Rent will cause Landlord to lose the use of that money and incur costs and expenses not contemplated under this Lease, including without limitation, administrative and collection costs and processing and accounting expenses, the exact amount of which is extremely difficult to ascertain. Therefore, in addition to interest, if any such installment is not received by Landlord within ten (10) days from the date it is due, Tenant shall pay Landlord a late charge equal to ten percent (10%) of such installment. Landlord and Tenant agree that this late charge represents a reasonable estimate of such costs and expenses and is fair compensation to Landlord for the loss suffered from such nonpayment by Tenant. Acceptance of any interest or late charge shall not constitute a waiver of Tenant's default with respect to such nonpayment by Tenant nor prevent Landlord from exercising any other rights or remedies available to Landlord under this Lease.

  • Interest and Principal Payments Holders shall be entitled to receive, and Borrower shall pay, simple interest on the outstanding principal amount of this Note at the annual rate of eight percent (8%) (as subject to increase as set forth in this Note) from the Original Issue Date through the Maturity Date. Principal and interest shall be due and payable on the Maturity Date.

  • INTEREST AND CHARGES 7.1 If we do not receive your full payment of the current balance specified in the statement of account on or before the payment due date, you must pay daily interest at the rate of (i) S$3.00 per month or (ii) at the retail interest rate or cash interest rate (where applicable) as set out in the statement of account, whichever is the greater, on:-

  • Interest and Principal The Notes will mature on July 1, 2020 and will bear interest at the rate of 4.250% per annum. The Issuers will pay interest on the Notes on each January 1 and July 1 (each an “Interest Payment Date”), beginning on January 1, 2016, to the Holders of record on the immediately preceding December 15 or June 15 (each a “Record Date”), respectively. Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from and including the date of issuance. Payments of the principal of and interest on the Notes shall be made in Dollars, and the Notes shall be denominated in Dollars.

  • Payments of Interest and Principal (a) The Issuer will cause interest to be paid on each Interest Payment Date and principal to be paid on the Expected Maturity Date; provided, however, that it shall not be an Event of Default if principal is not paid in full on such Expected Maturity Date unless funds for such payment have been allocated in accordance with Section 3.01 of the Indenture Supplement; and provided, further, that if a Class A(2015-1) Adverse Event has occurred and is continuing, principal will instead be payable in monthly installments on each Principal Payment Date for the Class A(2015-1) Notes in accordance with Sections 3.01 and 3.05 of the Indenture Supplement. All payments of interest and principal on the Class A(2015-1) Notes shall be made as set forth in Section 1102 of the Indenture.

  • Interest and Interest Rates The rate or rates at which the Notes shall bear interest, the date or dates from which such interest shall accrue, the interest payment dates on which any such interest shall be payable and the regular record date for any interest payable on any interest payment date, in each case, shall be as set forth in the form of Note set forth as Exhibit A hereto.

  • Distributions and Interest Amount (i) Interest Rate. "

  • Interest and Repayment The Borrower shall repay, and shall pay interest on, the aggregate unpaid principal amount of the Loan in accordance with the Note, evidencing the indebtedness resulting from such Loan and delivered to the Lender pursuant to Article II.

  • Capitalized Interest Account On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account.

  • Interest Accrual Each Class of Notes will accrue interest on its Note Balance for each Interest Period until the Note Balance has been paid in full at a rate per annum equal to its Note Interest Rate for that Interest Period. Interest on the Class A-1 and Class A-2b Notes will be calculated for each Interest Period on the basis of the actual number of days in the Interest Period and a 360-day year. Interest on the Notes (other than the Class A-1 and Class A-2b Notes) for each Interest Period will be calculated on the basis of a 360-day year consisting of twelve 30-day months. Interest on each Note for each Interest Period will be due and payable on the related Payment Date.

Time is Money Join Law Insider Premium to draft better contracts faster.