Capital and Interest definition

Capital and Interest. Repayment is specified in the Key Terms, unless you choose, or are required under this Loan Agreement, to repay the Loan earlier, you will pay the instalments specified in the Key Terms (or, if less, the amount of the Loan then outstanding) on each Payment Date, starting on the Repayment Commencement Date set out in the Key Terms. Each instalment shall include interest accrued but unpaid in respect of the Loan and shall be applied first in paying that interest and second towards repayment of the Loan. On the date of the last such instalment, you will pay all other amounts payable under this Loan Agreement (to the extent not already paid) including, without limitation, any Exit Fee specified in the Key Terms. The Lender reserves the right to vary the amount of the instalments payable as it determines in its absolute discretion if it considers it necessary to ensure that the Loan and all interest and other amounts payable under this Loan Agreement are discharged in full at the end of the Term. The Lender will promptly notify you if it varies the instalments payable under this paragraph 4.2. During the period prior to the Repayment Commencement Date, you will pay interest accruing on the Loan in accordance with the applicable provisions of paragraph 5 and, if applicable, paragraph 24.
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Examples of Capital and Interest in a sentence

  • Percentages of Total Annual Repayment (Capital and Interest) to Operating Expenditure to be less than 10%.

  • The new definition for MSMEs as introduced by the Government of India will encourage MSMEs to expand their operations and increase investment, turnover and exports.The following initiatives are being taken by the state government to reposition Gujarat’s MSMEs on a global level & enhance competitiveness:Capital and Interest Subsidy: Incentives to MSMEs will be provided in terms of Capital and Interest Subsidy on term loans based on the category of talukas.

  • Capital and Interest: Repayment£Interest Only£If interest only, please indicate how you intend to repay the outstanding capital balance.

  • In a frequently cited passage from The Eco- nomics of Welfare, Arthur Pigou (1920) proposed a similar account of time preference, suggesting that it results from a type of cognitive illusion: “ourBöhm-Bawerk’s analysis of time pref- erence, like those of his predecessors, was heavily psychological, and much of his voluminous treatise, Capital and Interest, was devoted to discussions of the psychological constituents of time preference.

  • Bank Account Details for Capital and Interest Payments BIC: You must complete this section in order to receive capital and any interest payments.

  • Repayment Mortgage:If you have a Repayment Mortgage withthe Society the payments made comprise Capital and Interest.

  • The facility will be repaid from future cash flows arising from the wind farm of this Company.On 7 January 2011, the loan balance was transferred from the build phase to the repayment phase, with repayments of Capital and Interest scheduled bi-annually over 15 years.As part of the facility Good Energy Delabole Wind Farm Limited entered into a floating rate interest to fixed rate interest swap.

  • Effective July 1, 2011, each bargaining unit member whose regular work week is thirty (30) hours or more shall be provided, by the District, a contribution toward the CVT Core Healthcare Plan (Core plan to include Medical, Prescription, Dental, Vision, and Life).

  • Capital and Interest rate Risk:-Infrastructure projects are typically capital intensive and require high levels of long-term debt financing.

  • Capital and Interest - Types of capital - gross interest - net interest - the classical theory - the neo classical theory - the liquidity preference theory of rate of interest.

Related to Capital and Interest

  • Capitalized Interest means, with respect to the interest due or to be due on a Series of Bonds prior to, during and for a period not exceeding one year after the completion of a Project to be funded by such Series, all or part of such interest which will be paid, or is expected to be paid, from the proceeds of such Series.

  • 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.

  • Capitalized Interest Account The separate Eligible Account designated as such and created and maintained by the Trustee pursuant to Section 3.05(h) hereof. The Capitalized Interest Account shall be treated as an "outside reserve fund" under applicable Treasury regulations and shall not be part of any REMIC. Except as provided in Section 3.05(h) hereof, any investment earnings on the amounts on deposit in the Capitalized Interest Account shall be treated as owned by the Depositor and will be taxable to the Depositor.

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

  • Asset Interest is defined in Section 2.1(b).

  • Overdue Interest means any interest payable pursuant to Section 2.8(b) of the Credit Agreement.