Base Interest definition

Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.
Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement. The term “broker-dealer” shall mean any broker or dealer registered with the Commission under the Exchange Act.

Examples of Base Interest in a sentence

  • The interest rate on the unpaid principal balance of this Note will be the Base Interest Rate, which is equal to fourteen and 50/100 percent (14.50%) per annum.


More Definitions of Base Interest

Base Interest. The interest that would otherwise accrue on the Notes under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.
Base Interest has the meaning set forth in Section 3.2A.
Base Interest shall have the meaning ascribed to it in the Note.
Base Interest means the interest accruing on the principal balance of the Loan outstanding under this Note from time to time at the then applicable Note Rate.
Base Interest means the interest that would otherwise accrue on the Dollar Securities or the Sterling Securities, as applicable, under the terms thereof and the Indenture, without giving effect to the provisions of this Exchange and Registration Rights Agreement.
Base Interest means the interest of the Transferor and any Additional Transferors in the Trust.
Base Interest means the per annum rate of interest imposed on the Principal Balance in accordance with Section 3(a) below.