Cash Interest definition

Cash Interest shall have the meaning assigned to such term in Section 2.06.

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Cash Interest means any interest on the Notes payable in cash.

Cash Interest means interest paid in the form of cash.

Examples of Cash Interest in a sentence

Cash Interest shall be payable monthly in advance on the first day of each month during the Interest Only Period and monthly in arrears following the Interest Only Period, and principal shall be payable monthly on the first day of each month.
The Interim Payment shall accrue at the daily equivalent of the Cash Interest rate applicable to the relevant Tranche and shall be due and payable in advance on the Drawdown Date.
If the Issuer fails to pay any amount payable by it under this Article 5 on its due date, the Issuer shall pay to the Holders forthwith on demand, interest on such sum (compounded on an annual basis) from the due date to the date of actual payment (as well after as before judgment) at a rate equal to the applicable Cash Interest plus five percent (5%) per annum during the period of non-payment.
If the Issuer or any of its Subsidiaries fails to pay any amount payable by it under this Article 5 on its due date, the Issuer shall pay to the Holders forthwith on demand, interest on such sum (compounded on an annual basis) from the due date to the date of actual payment (as well after as before judgment) at a rate equal to the applicable Cash Interest plus five percent (5%) per annum during the period of non-payment.
The Cash Interest shall accrue from (and including) the Drawdown Date of the Tranche B Amortized Bonds and shall be payable monthly in advance during the Interest Only Period and monthly in arrears thereafter, on each Interest Payment Date.

More Definitions of Cash Interest

Cash Interest has the meaning provided in Section 2.04(a).

Cash Interest shall have the meaning set forth in Section 2.4(a) hereof.

Cash Interest shall have the meaning specified in Section 2.03(c)(i).

Cash Interest means any interest on the Securities paid in cash.

Cash Interest shall have the meaning provided in Section 4.4(b).

Cash Interest means the interest imposed on Cash Advance transaction(s) at the rate prescribed herein or such other rate as may be amended by the Bank from time to time, which is calculated on a daily basis from transaction date until fill final repayment date;

Cash Interest means the portion of interest which the Issuer elects or is required to pay in cash.