Accreted Interest definition

Accreted Interest. Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

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Accreted Interest means interest accrued on a Loan Asset that is added to the principal amount of such Loan Asset instead of being paid as interest as it accrues.

Accreted Interest means, with respect to Capital Appreciation Bonds and Convertible Capital Appreciation Bonds prior to the Conversion Date, the Accreted Value thereof minus the Denominational Amount thereof as of the date of calculation.

Examples of Accreted Interest in a sentence

• Payments may be made at any time, or from time to time, in whole or in part, without penalty, together with all previously matured Accreted Interest and other charges accrued to the date of prepayment.

• Each of the Purchaser and the Seller hereby agree that the fair market value of each Loan Asset Sold hereunder as of the related Purchase Date shall not be less than the Advance Date Assigned Value thereof on the related Purchase Date multiplied by the principal balance of such Loan Asset (exclusive of Accreted Interest).

• The principal balance outstanding hereunder from time to time shall bear interest at the Default Interest Rate from the date of the occurrence of an Event of Default (as hereinafter defined) until the earlier of: (a) the date on which the principal balance outstanding hereunder, together with all Accreted Interest and other amounts payable hereunder, are paid in full; or (b) the date on which such Event of Default is timely cured in a manner satisfactory to Agent.

• Each of the Purchaser and the Seller hereby agree that the fair market value of each Loan Asset Sold hereunder as of the related Purchase Date shall not be less than the Assigned Value thereof as of the applicable Cut-Off Date multiplied by the principal balance of such Loan Asset (exclusive of Accreted Interest).

• Upon the occurrence of any Change of Control, the Company will be obligated to make an offer to purchase all outstanding Notes pursuant to the Offer to Purchase described in the Indenture at a purchase price equal to 101% of the aggregate principal amount thereof at the relevant Payment Date (including any Accreted Interest), plus, without duplication, accrued and unpaid interest, if any, to the Payment Date (the "Change of Control Payment").

More Definitions of Accreted Interest

Accreted Interest. The accrued interest on a PIK Loan that is added to the principal amount of such PIK Loan instead of being paid as it accrues.

Accreted Interest means, with respect to the Capital Appreciation Bonds, the Accreted Value thereof minus the Denominational Amount thereof as of the date of calculation.

Accreted Interest means, for any Interest Period for any Series B Debenture as of any date of determination, (i) the Accreted Principal Amount of such Series B Debenture at the beginning of the Interest Period in which such date occurs, multiplied by (ii) the Applicable Yield for such Interest Period, multiplied by (iii) the quotient of the actual number of days elapsed from and including the first day of such Interest Period, to but excluding the date of determination divided by 360; provided that the Accreted Interest for any full Interest Period shall be calculated by reference to the actual number of days in such Interest Period divided by 360.

Accreted Interest means, with respect to any Capital Appreciation Bond, Accreted Value as of the date of its calculation, less the original principal amount of such Capital Appreciation Bond.

Accreted Interest means, for any Interest Period for any Security as of any date of determination, (i) the Accreted Principal Amount of such Security at the beginning of the Interest Period in which such date occurs, multiplied by (ii) the Applicable Yield for such Interest Period, multiplied by (iii) the quotient of the actual number of days elapsed from and including the first day of such Interest Period, to but excluding the date of determination divided by 360; provided that the Accreted Interest for any full Interest Period shall be calculated by reference to the actual number of days in such Interest Period divided by 360.

Accreted Interest. Interest accrued on an Asset that is added to the principal amount of such Asset instead of being paid as it accrues.

Accreted Interest means Interest accrued on a Collateral Loan that is added to the principal amount of such Collateral Loan instead of being paid as it accrues. For purposes of this definition, “Interest” means any comparable definition in the Related Documents for each such Collateral Loan or, if “Interest” or such comparable definition is not defined in such Related Documents, all interest in respect of Indebtedness (including the interest component of any payments in respect of Capital Lease Obligations) accrued or capitalized during such period (whether or not actually paid during such period).