Compound Interest definition

Compound Interest means the interest rate and method of calculation that are set out or prescribed under the Interest on Overdue Accounts Receivable Regulation under the Financial Administration Act;

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Compound Interest shall have the meaning set forth in Section 4.1.

Compound Interest has the meaning set forth in Section 205(a).

Examples of Compound Interest in a sentence

• All references in the Notes and, insofar as it relates to the Notes, this Indenture, to “interest” on the Notes shall be deemed to include any such Deferred Interest and, to the extent permitted by applicable law, any Compound Interest, unless otherwise expressly stated or the context otherwise requires.

• The record date for the payment of Deferred Interest and, to the extent permitted by applicable law, any Compound Interest payable on the Interest Payment Date immediately following the last day of an Optional Deferral Period will be the Regular Record Date with respect to such Interest Payment Date.

• These calculations include, but are not limited to, determinations of accrued interest (including any Deferred Interest and any Compound Interest thereon) payable on the Notes.

• Upon any election to extend an Optional Deferral Period, the Company will deliver to the Trustee, accompanying the notice described in this paragraph, the Company’s calculations of all Deferred Interest and Compound Interest accrued to date during such Optional Deferral Period.

More Definitions of Compound Interest

Compound Interest mentioned above include the interest (including the default interest of breach) due and unpaid occurred during the loan term and the interest (including the default interest of breach and default interest of delay) due and unpaid occurred upon the expiration of loan term. The compound rate of the interest due and unpaid occurred during the loan term shall be calculated on the basis of interest rate agreed by the Parties during the loan term, and shall be calculated on the basis of delay repayment upon the expiration of loan term.

Compound Interest has the meaning set forth in Section 2.11(a).

Compound Interest means Compound Interest defined in Article 4.2;

Compound Interest means interest calculated with yearly rests (or such shorter rests as the trustee company may decide) on the amount of principal and interest accrued at the commencement of the year (or other shorter period), with no interest being allowed on any addition to principal or accruing interest since the commencement of that year or period.

Compound Interest shall have the meaning specified in Section 2.04.

Compound Interest has the meaning set forth in paragraph 3(a).

Compound Interest shall have the meaning specified in Section 11.1.