Interest on Deferred Amounts Sample Clauses

Interest on Deferred Amounts. Upon payment of any amounts of compensation deferred for any period of time pursuant to this Section 24, Key shall pay to Gillxxxxx xx additional amount equivalent to the interest that would have accrued on such deferred compensation if interest accrued thereon on a daily basis from the date on which that compensation would have been paid but for this Section 24 through the date on which that compensation is paid at a rate varying from month to month and equal to 50 basis points higher than the effective annual yield of the average of the Moody's Average Corporate Bond Yield Index for the previous month, as published by Moodx'x Xxxestor Services, Inc. (or any successor published thereto), or, if such index is no longer published, a substantially similar index selected by the Accounting Firm, with interest compounded as of the end of each month.
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Interest on Deferred Amounts. Interest on the Employee’s Deferred Amounts hereunder shall be calculated as follows: Realized Rate on Plan Investments.
Sample 1
Interest on Deferred Amounts. The Employer hereby agrees that it will credit Deferred Amounts in the Employee’s Investment Account with interest thereon (“Interest”) from ___ after the dates Deferred Amounts are credited to the Retirement Account. Interest to Deferred Amount shall accrue commencing on the date the Investment Account first has a positive balance and shall continue up to the date Retirement Benefits, Disability Retirement Benefits, Death Benefits, or Termination Benefit commences hereunder. Interest shall be calculated as selected in Part F of the Adoption Agreement.
Sample 1
Interest on Deferred Amounts. Upon payment of any amounts of compensation deferred for any period of time pursuant to this Section 22, KeyCorp shall pay to Noalx xx additional amount equivalent to the interest that would have accrued on that deferred compensation if interest accrued thereon from the date on which that compensation would have been paid but for this Section 22 through the date on which that compensation is paid at a variable rate equal, in each calendar quarter, to the highest annual rate paid by Society National Bank on new IRA certificates of deposit issued in Cuyahoga County, Ohio on the first business day of that calendar quarter, compounded quarterly.
Sample 1
Interest on Deferred Amounts. Compensation that an Executive elects to defer shall be treated as if it were set aside in an account ("Account") on the date the compensation would otherwise have been paid to the Executive. Such Account will be credited with interest computed quarterly (based on calendar quarters) as of the date of deferral in the Account during each quarter at such rate and in such manner as determined by the Board of Directors or its Compensation and Organization Committee. Unless otherwise determined by the Board of Directors or its Compensation and Organization Committee, interest to be credited hereunder shall be credited at Moody's Seasoned Corporate Bond Index Rate plus three (3) percent on the last day of each calendar quarter. Interest for a calendar quarter shall be credited to the Account as of the first day of the following quarter.
Sample 1
Interest on Deferred Amounts. Compensation that the Executive elects to defer shall be treated as if it were set aside in an account ("Account") on the date the compensation would otherwise have been paid to the Executive. Such Account will be credited with interest computed quarterly (based on calendar quarters) on the lowest balance in the Account during each quarter at the prime rate in effect according to The Wall Street Journal on the last day of each calendar quarter plus one percent. Interest for a calendar quarter shall be credited to the Account as of the first day of the following quarter. 4.
Sample 1
Interest on Deferred Amounts. For the period beginning on the ---------------------------- Start Date and ending on the December 31, 999, any amounts credited to the Account pursuant to Paragraph 1 above shall accrue interest at the rate of six percent (6%) per year compounded annually, from the date such amounts are credited to the Account until December 31, 1999. Thereafter, no interest shall accrue or be credited or paid with respect to any deferred compensation or the Account.
Sample 1
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Related to Interest on Deferred Amounts

  • No Interest on Contributions No Partner shall be entitled to interest on its Capital Contribution.

  • Interest on Payments Any payment by the Receiver pursuant to Section 2.6(d) shall be made together with interest on the amount thereof that accrues with effect from five (5) Business Days after the date on which payment was agreed or determined to be due until such amount is paid. The annual interest rate shall be determined by the Receiver based on the coupon equivalent of the three (3)-month U.S. Treasury Xxxx Rate in effect as of the first Business Day of each Calendar Quarter during which such interest accrues as reported in the Federal Reserve Board Statistical Release for Selected Interest Rates H.15 opposite the caption “Treasury bills (secondary market), 3-Month” or, if not so reported for such day, for the next preceding Business Day for which such rate was so reported.

  • Interest on Capital Contributions No Member shall be entitled to any interest on its capital contribution.

  • No Interest on Capital Contributions The Member shall not be entitled to interest on any capital contributions made to the Company.

  • Interest on Loans (a) Subject to the provisions of Section 2.08, each ABR Loan shall bear interest (computed on the basis of the actual number of days elapsed over a year of 365 days or 366 days in a leap year) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin.

  • Interest on Advances Each Borrower shall pay interest on the unpaid principal amount of each Advance made to such Borrower by each Bank from the date of such Advance until such principal amount shall be paid in full, at the following rates per annum:

  • Interest on Late Payments With respect to any payment between the Parties pursuant to this Agreement not made by the due date set forth in this Agreement for such payment, the outstanding amount will accrue interest at a rate per annum equal to the rate in effect for underpayments under Section 6621 of the Code from such due date to and including the payment date.

  • Interest on Past Due Amounts In addition to the late charge described in Article 14 below, if any installment of Annual Basic Rent or Additional Rent is not paid promptly when due, it shall bear interest at the Default Rate; provided, however, this provision shall not relieve Tenant from any default in the making of any payment at the time and in the manner required by this Lease; and provided, further, in no event shall the Default Rate exceed the maximum rate (if any) permitted by applicable law.

  • Interest on Unpaid Amounts Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 11 but which has not been timely paid shall bear interest at the prime rate in effect at the time such amount first becomes payable, as quoted by the Bank, except as otherwise provided in Sections 5(g), 6(d) and 7(g) of this Agreement (concerning interest payable with respect to certain delayed payments that are subject to Section 409A of the Code).

  • No Interest on Capital No Partner shall be entitled to interest on its Capital Contributions or its Capital Account.

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