Arrearage Interest definition

Arrearage Interest means interest at the rate of 12% per annum on any dividend on shares of Series A Preferred Stock which dividend is not paid on a Dividend Payment Date, whether or not declared, and which shall accrue from such Dividend Payment Date.
Arrearage Interest means interest at the rate of 12% per annum on any dividend on shares of Series D Preferred Stock which dividend is not paid on a Dividend Payment Date, whether or not declared, from such Dividend Payment Date.
Arrearage Interest means at any time interest at the rate equal to the Dividend Rate in effect at such time plus 6% per annum (or such lesser rate equal to the highest rate permitted by applicable law) on any dividend on shares of Series B Preferred Stock which dividend is not paid on a Dividend Payment Date, whether or not declared, and which shall accrue from such Dividend Payment Date.

Examples of Arrearage Interest in a sentence

  • He is the creator of the “Marshal Law Judgment & Arrearage Interest Calculator,” which automates the calculation of interest under Nevada statutory and case law.

  • In order to be valid, a form of proxy in the prescribed form together with the power of attorney or other authority (if any) under which it is signed must be deposited at the Company’s branch share registrar in Hong Kong, Tricor Investor Services Limited, at 17/F., Far East Finance Centre, 16 Harcourt Road, Hong Kong not less than 48 hours before the time appointed for holding of the meeting or the adjourned meeting.

  • Where Koor fails to pay the entire amounts of the Dividend plus interest within the aforesaid seven days, Arrearage Interest shall be added to these amounts commencing at the end of the seven days until the date of actual payment.

  • VISION Foundations were asked how often family mem- bers reviewed their vision for the foundation’s future.

  • GP aerosol concentrations as described in Supporting Information.

  • The DISTRICT is dedicated to its community role as a customer service organization.

  • Creditor Description of Secured Property and Address, if real property Current Monthly Payment to be paid directly to creditor by Debtor Estimated Arrearage Interest Rate on Arrearage, if applicable (%) Amount to be Paid to Creditor by the Trustee  None.

  • Alternatively, Koor shall be entitled to rescind this Agreement upon 14 days prior written notice to Federmann, and should Federmann fail to pay the payment on the delayed Payment Date, plus Arrearage Interest within the aforesaid 14 days - to recover possession of the Trust Shares, as they were on the date of rescission (the "RETURNED SHARES").

  • The two groups had similar product market competition values before the year of the NN repeal in 2017, but the product market competition of the first group increased significantly following the NN repeal, while the latter group’s product market competition decreased.

  • The questionnaire was prepared by the thesis supervisor in consultation with psychologists.


More Definitions of Arrearage Interest

Arrearage Interest shall have the meaning provided or to be provided in the Certificate of Designations.
Arrearage Interest means interest at the rate of 12% per annum on any dividend not paid on or before the third Trading Day after the applicable Dividend Payment Date, whether or not declared, from such Dividend Payment Date.

Related to Arrearage Interest

  • Arrearage means the total amount of unpaid support obligations;

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class B Percentage Interest means, with respect to a Class B Member as of a given date, that percentage obtained by dividing the total number of Class B Units owned by such Member by the total number of Class B Units issued and outstanding.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

  • Certificate Interest means the allocable percentage interest of a Certificate held by a Certificateholder.

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Certificate Percentage Interest means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of such Certificate in the Trust. The initial Certificate Percentage Interest held by the Depositor shall be 100%.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class A Interest Each of the Class A-1 and Class A-2 Interests.

  • Class IO Interest An uncertificated interest in the Trust Fund held by the Trustee, evidencing a REMIC Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • L/C Interest shall have the meaning ascribed to such term in Section 3.6 hereof.

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class R-3 Interest The uncertificated Residual Interest in REMIC 3.

  • Class R-IV Interest The uncertificated Residual Interest in REMIC IV.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Compounded Interest shall have the meaning set forth in Section 4.1.