Percent Interest Sample Clauses

Percent Interest. None EXHIBIT A to Borrower Pledge Agreement PLEDGE AMENDMENT This Pledge Amendment, dated , 200 , is delivered pursuant to Section 6(c) of the Pledge Agreement referred to below. The undersigned hereby agrees that this Pledge Amendment may be attached to the Borrower Pledge Agreement dated as of , 2002, between the undersigned and Bank of America, N.A., as Secured Party (the "Pledge Agreement"; capitalized terms defined therein being used herein as therein defined), and that the [Pledged Shares/Pledged Interests] listed on this Pledge Amendment shall be deemed to be part of the [Pledged Shares] [Pledged Interests] and shall become part of the Collateral and shall secure all Secured Obligations. XXXXXXXX XXXX COMPANY, a Delaware corporation By: Name: Title: Stock Issuer Class of Stock Stock Certificate Nos. Par Value Number of Shares Limited Partnerships (lp or gp) Limited Partnership Percent Interest Limited Liability Companies Limited Liability Company Percent Interest EXHIBIT B to Borrower Pledge Agreement FORM OF INSTRUCTION TO REGISTER PLEDGE INSTRUCTION TO REGISTER PLEDGE , 200 [NAME OF PARTNERSHIP/LLC] Attention: Ladies and Gentlemen: Xxxxxxxx Xxxx Company, a Delaware corporation (the "Registered Owner"), hereby instructs [NAME OF PARTNERSHIP/LLC], a [STATE OF FORMATION] [TYPE OF ENTITY] (the "Issuer"), to register the pledge of all of the Registered Owner's rights, title, and interest in and to the Registered Owner's entire [limited/general partner] [membership] interests in the Issuer (the "Interests"), in favor of Bank of America, N.A. as Administrative Agent (the "Registered Pledges"), pursuant to the Borrower Pledge Agreement dated as of , 2002, as it may be amended or restated from time to time, between the Registered Owner and the Registered Pledges. The Issuer is further instructed by the Registered Owner to promptly inform the Registered Pledges of the registration of this pledge by sending an initial transaction statement to the Registered Pledges to its office located at , Attention: . The Registered Owner hereby warrants that (a) it is an appropriate person to originate this instruction, (b) it is entitled to effect the instruction here given, and (c) its taxpayer identification number is . Very truly yours, XXXXXXXX XXXX COMPANY, a Delaware corporation By: Name: Title:
AutoNDA by SimpleDocs
Percent Interest. Section 2. Assignee’s Commitment: $[●] Assignor’s Commitment after giving effect to assignment: $[●] Section 3. Transfer Date: Exhibit F-3 Exhibit G Intercreditor Collateral Agreement Exhibit G
Percent Interest. Section 2. Assignee’s Commitment: $[●] Assignor’s Commitment after giving effect to assignment: $[●] Section 3. Transfer Date: *This exhibit has been omitted in accordance with Item 601(a)(5) of Regulation S-K as it does not contain information material to an investment or voting decision. Exhibit G Exhibit G Intercreditor Collateral Agreement [***]*
Percent Interest. Section 2. [Assignee’s Series 2011-1 Note Commitment: $] [Assignor’s Series 2011-1 Note Commitment (after giving effect to assignment): $] Section 3. Transfer Date:
Percent Interest. [ ] I hereby elect for payments to commence under Section 8 later than the date on which payments shall commence under the NPB Pension Plan (as defined in Section 8(a)(4) of the Agreement) or under any annuity acquired, or other plan or arrangement adopted, by NPB in substitution for benefits vested under the NPB Pension Plan, to wit: _____________________________. Note: This election is subject to the prior approval of NPB's Board of Directors (not to be unreasonably withheld). [ ] I do not elect for later payments. -------------------------- ----------------------------------- Date Glenn E. Moyer -------------------------------------------------------------------------------- TO BE COMPLETED BY CORPORATE SECRETARY'S OFFICE ONLY
Percent Interest. Date Wayne R. Weidner -------------------------------------------------------------------------------- TO BE COMPLETED BY CORPORATE SECRETARY'S OFFICE ONLY

Related to Percent Interest

  • Late Payment Interest ‌ If the Customer fails to make payment by the agreed time, the Contractor shall be entitled to claim interest on any overdue amount, pursuant to the Act No. 100 of 17 December 1976 relating to Interest on Overdue Payments, etc. (Late Payment Interest Act).

  • percent Rates and rate change limitations are expressed as annualized percentages.

  • Maximum Interest Regardless of any provision contained in any of the Loan Documents, in no contingency or event whatsoever shall the aggregate of all amounts that are contracted for, charged or received by Agent or any Lender pursuant to the terms of this Agreement or any of the other Loan Documents and that are deemed interest under Applicable Law exceed the highest rate permissible under any Applicable Law (the “Maximum Rate”). No agreements, conditions, provisions or stipulations contained in this Agreement or any of the other Loan Documents or the exercise by Agent of the right to accelerate the payment or the maturity of all or any portion of the Obligations, or the exercise of any option whatsoever contained in any of the Loan Documents, or the prepayment by any Obligor of any of the Obligations, or the occurrence of any contingency whatsoever, shall entitle Agent or Lenders to charge or receive in any event, interest or any charges, amounts, premiums or fees deemed interest by Applicable Law (such interest, charges, amounts, premiums and fees referred to herein collectively as “Interest”) in excess of the Maximum Rate and in no event shall any Obligor be obligated to pay Interest exceeding such Maximum Rate, and all agreements, conditions or stipulations, if any, which may in any event or contingency whatsoever operate to bind, obligate or compel any Obligor to pay Interest exceeding the Maximum Rate shall be without binding force or effect, at law or in equity, to the extent only of the excess of Interest over such Maximum Rate. If any Interest is charged or received with respect to the Obligations in excess of the Maximum Rate (“Excess”), each Obligor stipulates that any such charge or receipt shall be the result of an accident and bona fide error, and such Excess, to the extent received, shall be applied first to reduce the principal Obligations and the balance, if any, returned to the Obligors, it being the intent of the parties hereto not to enter into an usurious or otherwise illegal relationship. The right to accelerate the maturity of any of the Obligations does not include the right to accelerate any Interest that has not otherwise accrued on the date of such acceleration, and neither Agent nor any Lender intends to collect any unearned Interest in the event of any such acceleration. Each Obligor recognizes that, with fluctuations in the rates of interest set forth in this Agreement, and the Maximum Rate, such an unintentional result could inadvertently occur. All monies paid to Agent or any Lender hereunder or under any of the other Loan Documents, whether at maturity or by prepayment, shall be subject to any rebate of unearned Interest as and to the extent required by Applicable Law. By the execution of this Agreement, each Obligor covenants that (i) the credit or return of any Excess shall constitute the acceptance by each Obligor of such Excess, and (ii) each Obligor shall not seek or pursue any other remedy, legal or equitable, against Agent or any Lender, based in whole or in part upon contracting for, charging or receiving any Interest in excess of the Maximum Rate. For the purpose of determining whether or not any Excess has been contracted for, charged or received by Agent or any Lender, all Interest at any time contracted for, charged or received from any Obligor in connection with any of the Loan Documents shall, to the extent permitted by Applicable Law, be amortized, prorated, allocated and spread in equal parts throughout the full term of the Obligations. Obligors, Agent and Lenders shall, to the maximum extent permitted under Applicable Law, (i) characterize any non-principal payment as an expense, fee or premium rather than as Interest and (ii) exclude voluntary prepayments and the effects thereof. The provisions of this Section 3.10 shall be deemed to be incorporated into every Loan Document (whether or not any provision of this Section is referred to therein). All such Loan Documents and communications relating to any Interest owed by any Obligor and all figures set forth therein shall, for the sole purpose of computing the extent of Obligations, be automatically recomputed by the Obligors, and by any court considering the same, to give effect to the adjustments or credits required by this Section 3.10.

  • Lawful Interest It being the intention of Company and Investor to comply with all applicable laws with regard to the interest charged hereunder, it is agreed that, notwithstanding any provision to the contrary in this Note or any of the other Transaction Documents, no such provision, including without limitation any provision of this Note providing for the payment of interest or other charges, shall require the payment or permit the collection of any amount in excess of the maximum amount of interest permitted by law to be charged for the use or detention, or the forbearance in the collection, of all or any portion of the indebtedness evidenced by this Note or by any extension or renewal hereof (“Excess Interest”). If any Excess Interest is provided for, or is adjudicated to be provided for, in this Note, then in such event:

  • Percentage Interest Ownership of the Company shall be divided into, represented by, and each Member’s Percentage Interest shall be expressed in Units of the Company. The name, address, Units and Percentage Interest of each Member are set forth on Exhibit “A” attached hereto, which may be amended from time to time as necessary to reflect changes in the Percentage Interests and Units held by the Members.

  • Payment; Interest Computation Interest is payable monthly on the first calendar day of each month and shall be computed on the basis of a 360-day year for the actual number of days elapsed. In computing interest, (i) all payments received after 12:00 p.m. Pacific time on any day shall be deemed received at the opening of business on the next Business Day, and (ii) the date of the making of any Credit Extension shall be included and the date of payment shall be excluded; provided, however, that if any Credit Extension is repaid on the same day on which it is made, such day shall be included in computing interest on such Credit Extension.

  • Interest (a) The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Rate.

  • Deferred Interest The amount by which the interest due on a Mortgage exceeds the borrower’s monthly payment, which amount is added to the unpaid principal balance of the Mortgage.

  • Interest Amount Unless otherwise specified in Paragraph 13 and subject to Paragraph 4(a), in lieu of any interest, dividends or other amounts paid or deemed to have been paid with respect to Posted Collateral in the form of Cash (all of which may be retained by the Secured Party), the Secured Party will Transfer to the Pledgor at the times specified in Paragraph 13 the Interest Amount to the extent that a Delivery Amount would not be created or increased by that Transfer, as calculated by the Valuation Agent (and the date of calculation will be deemed to be a Valuation Date for this purpose). 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.

  • Simple Interest Each Receivable provides for scheduled monthly payments that fully amortize the Amount Financed by maturity (except for minimally different payments in the first or last month in the life of the Receivable) and provides for a finance charge or yield interest at its APR, in either case calculated based on the Simple Interest Method.

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