BANK INTEREST definition

BANK INTEREST means, with respect to any property or interest in property, now owned or hereafter acquired or created, of the Borrower, any lien, claim, encumbrance, security interest or other interest of the Banks' Agent or the Banks in such property or interests in property.
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BANK INTEREST means, in relation to any specified period, the aggregate amount of interest, commission and other recurrent financial expenses attributable to Borrowings of the Group from the Bank charged or accrued for that period;
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BANK INTEREST and "Bank Principal Payments" items therein (collectively, "Disbursements").
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Examples of BANK INTEREST in a sentence

  • IN THE EVENT THE LOAN BALANCE IS LESS THAN $1,000,000, THE BORROWER AGREES TO PAY THE BANK INTEREST ON THE DIFFERENCE AT 1.0% THE BANK WILL INVOICE THE BORROWER ON A MONTHLY BASIS IN THIS EVENT.

  • ALL REASONABLE COSTS AND EXPENSES (INCLUDING REASONABLE ATTORNEYS FEES) INCURRED BY THE COMPANY IN THE EXERCISE OR ENFORCEMENT OF ANY RIGHT, POWER OR REMEDY GRANTED IT UNDER THIS AGREEMENT SHALL BECOME PART OF THE INDEBTEDNESS SECURED HEREUNDER AND SHALL CONSTITUTE A PERSONAL LIABILITY OF THE BORROWER PAYABLE IMMEDIATELY UPON DEMAND AND BEARING INTEREST UNTIL PAID AT THE COMPANY'S BANK INTEREST RATE THEN BEING EARNED BY THE COMPANY ON ITS DEPOSITS.

  • OWNERSHIP FMHA 102% FHLB: FEDERAL HOME LOAN BANK FHAS FEDERAL HOME LOAN AMORTIZED SECURITY FHLB 102% FHBD FEDERAL HOME LOAN BANK MEDIUM TERM NOTE FHLB 102% FHDN FEDERAL HOME LOAN BANK CONSOL DISCOUNT NOTE FHLB 102% FHFR FEDERAL HOME LOAN BANK FLOATING RATE FHLB 102% FHIN FEDERAL HOME LOAN BANK INTEREST COMP.

  • OWNERSHIP FMHA 102% FHAS FEDERAL HOME LOAN AMORTIZED SECURITY FHLB 102% FHBD FEDERAL HOME LOAN BANK MEDIUM TERM NOTE FHLB 102% FHDN FEDERAL HOME LOAN BANK CONSOL DISCOUNT NOTE FHLB 102% FHFR FEDERAL HOME LOAN BANK FLOATING RATE FHLB 102% FHIN FEDERAL HOME LOAN BANK INTEREST COMP.