Compensatory Interest Rate definition

Compensatory Interest Rate has the meaning given to that term in Condition 22.6; “Competent Authority” means:

Compensatory Interest Rate has the meaning given to that term in Condition 22.6;

Compensatory Interest Rate has the meaning given to that term in Clause 23.5 (Calculation of Compensatory Interest Amount);

Examples of Compensatory Interest Rate in a sentence

• For the payment overdue for more than six (6) months, extra amount based on 20% of the mentioned Compensatory Interest Rate shall be charged as the penalty, while the business tax and stamp duty shall be borne by the Borrower.

• If the payment is overdue for less than six (6) months, extra amount based on 10% of the mentioned Compensatory Interest Rate shall be charged as the penalty.

• The Borrower shall repay the full amount to the Facility Agent within five (5) Business Days of receiving the notice from the Lender or Facility Agent for the payment to be transferred to the Facility Agent and/or the Lender and shall pay interest in the same currency calculated at the floating Compensatory Interest Rate (adjusted daily as the Compensatory Interest Rate changes) for the period between the advance date and the repayment date.

• This data is summarized in the Private Equity Performance Monitor 2006 (Private Equity Intelligence, 2006), which we use to benchmark the performance of our sample funds.

• Each determination by the Administrative Agent of the Compensatory Interest Rate applicable to each Interest Period shall, in the absence of manifest error, be prima facie evidence thereof.

More Definitions of Compensatory Interest Rate

Compensatory Interest Rate equals the product of (i) the rate of interest set forth in the Promissory Note multiplied by (ii) a fraction the numerator of which is the principal amount of the Promissory Note on the date of Repurchase and the denominator of which is the product of the total number of Rollover Shares multiplied by the Investment Price of such Rollover Shares.

Compensatory Interest Rate means the benchmark rate for NT$ loans (quarterly) posted by the Facility Agent at the time of interest accrual plus three percent (3%) per annum when the accrued interest payment is effected in NT$, or the US$ benchmark rate posted by the Facility Agent at the time of interest accrual plus three percent (3%) per annum when the accrued interest payment is effected in US$.

Compensatory Interest Rate. The compensatory interest rate applicable to this Loan Agreement, equivalent to an effective annual rate of 7.50%.

Compensatory Interest Rate means the then prevailing reference rate applicable to New Taiwan Dollars loans of the Agent Banks plus 2% per annum margin.

Compensatory Interest Rate means the annual nominal rate of Libor plus 2.00% (two percent).

Compensatory Interest Rate. (Tasa de Interés Compensatorio) means six point seventy percent (6.70%) effective annual rate considering a 360-day year.

Compensatory Interest Rate means upon the occurrence of a circumstance to which the Compensatory Interest Rate is applicable pursuant to this Agreement, the per annum interest rate determined on the basis of the base rate of the Agent plus 3% per annum, exclusive of business tax and stamp duty, which are to be borne by the Borrower.