CP Interest definition

CP Interest has the meaning set forth in Section 3.7(a).

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CP Interest has the meaning specified in Schedule 3. -----------

CP Interest means (a) the Daily Weighted Average CP Rate times (b)(i) the ----------- Capital Investment outstanding at the beginning of the day minus (ii) Transaction Liquidity Loans outstanding at the beginning of the day.

Examples of CP Interest in a sentence

Any CP Interest not acquired pursuant to this Section 3.7 shall remain subject to all of the provisions of this Agreement.
Upon payment of the CP Purchase Price, the CP Spouse shall Transfer the CP Interest to the purchaser, free and clear of any and all Encumbrances of any kind whatsoever other than those created by this Agreement.
The written notice shall state that the Company is exercising its option to purchase the CP Interest and set forth the date of such notice.
If the Company elects to purchase none or less than all of the CP Interest, it shall promptly notify the Non-Selling Class A Members and each Non-Selling Class A Member shall have until the fiftieth (50th) day following the date of the Community Property Event within which to notify the Company of such Non-Selling Class A Member’s election to purchase such Non-Selling Class A Member’s Pro Rata portion of the remaining CP Interest.
If the relevant Member fails to purchase the CP Interest as provided in Section 3.7(a), the Company may require, by giving an irrevocable written notice to the CP Spouse within forty (40) days of the Community Property Event that such CP Spouse sell all or any portion of the CP Interest to the Company for the CP Purchase Price.
Any Non-Selling Class A Member notifying the Company of his/its desire to purchase any of the CP Interest shall be irrevocably obligated to do so.
On each Settlement Date, the Borrower shall pay or cause to be paid to the Agent (for the benefit of PREFCO) an aggregate amount equal to all accrued and unpaid CP Interest in respect of any portion of the Loan funded by PREFCO for the immediately preceding Collection Period.
Notwithstanding anything contained in this Agreement to the contrary, the repayment of the Loan and the payment of CP Interest, interest on the Loan payable to the Financial Institutions and all fees, indemnities and other amounts payable by the Borrower under this Agreement will be full recourse obligations of the Borrower.
The Borrower shall pay CP Interest with respect to any portion of the Loan funded by PREFCO for each day that such portion of the Loan is outstanding as follows: each portion of the Loan funded substantially with Pooled Commercial Paper will accrue CP Interest each day based on the Pooled Allocation, and each portion of the Loan funded substantially with Specially Pooled Paper will accrue CP Interest each day based on the Specially Pooled Allocation.

More Definitions of CP Interest

CP Interest has the meaning specified in Schedule 3 to the Purchase ----------- Agreement.

CP Interest means, for any Interest Period, the amount of interest or discount accrued, during such Interest Period on all the outstanding commercial paper, or portion thereof, issued by Conduit Lender to fund its Loan Amount, including all dealer commissions and other costs of issuing commercial paper, whether any such commercial paper was issued specifically to fund such Loan Amount or is allocated, in whole or in part, to such funding.

CP Interest means (i) in respect of any portion of the Loan funded substantially with Pooled Commercial Paper, the Pooled Funding Charges, and (ii) in respect of any portion of the Loan funded substantially with Specially Pooled Paper, the Special Funding Charges.