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.

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Base Interest means the interest payable by the Guarantor to the Subordinated Lender in accordance with the Subordinated Loan Agreement.

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.

Examples of Base Interest in a sentence

• Bank reserves the right to fund the principal from any source of funds notwithstanding any Base Interest Rate selected by Debtor.

• No Base Interest Rate may be changed, altered or otherwise modified until the expiration of the Interest Period selected by Debtor.

• Liquidated Damages shall also be paid, if Bank, for any other reason, including acceleration or foreclosure, receives all or any portion of principal bearing interest at a Base Interest Rate prior to its scheduled payment date.

• All principal outstanding hereunder which is not bearing interest at a Base Interest Rate shall bear interest at a rate per annum equal to the Reference Rate, which rate shall vary as and when the Reference Rate changes.

• Debtor may prepay amounts outstanding under this note bearing interest at a Base Interest Rate in whole or in part provided Debtor has given Bank not less than five (5) Business Days prior written notice of Debtor's intention to make such prepayment and pays to Bank the liquidated damages due as a result.

More Definitions of Base Interest

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 Exchange and Registration Rights Agreement.

Base Interest shall have the meaning ascribed to it in the Note.

Base Interest has the meaning set forth in Section 3.2A.

Base Interest means the weighted internal rate of return for Credits B, C and D, as defined in the Bank Financing Agreement, assuming that these Credits were taken at an index-linked interest rate (including if in practice, they were taken at a different mechanism). Such rate shall be calculated on the Closing Date in accordance with the future (aggregate) payment schedule for such Credits, in accordance with the mandatory amortization schedule provided in the Bank Financing Agreement, together with the fees to which the Bank is entitled (with the exception of fees and payments for arranging, underwriting, and management to which Bank Hapoalim Ltd. is entitled for its role of arranger, manager and underwriter); i.

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 is defined in Paragraph 7(g) of Schedule 3.6(i).

Base Interest means, from time to time, (a) the Initial Base Interest, plus (b) the Additional Base Interest, plus (c) the Tranche II Interest (if applicable), in each case as increased from time to time pursuant to the terms of this Agreement.