Deferred Interest Amount definition

Deferred Interest Amount means, with respect to a Class of Notes and a Payment Date, the sum of (i) interest accrued at the related Note Rate during the related Interest Accrual Period on such Note Balance Write-Down Amounts applied in respect of such Class and (ii) any unpaid Deferred Interest Amounts from any prior Payment Date, together with interest thereon at the applicable Note Rate from the date any such Note Balance Write-Down Amount was applied in respect of such Class, to the extent permitted by law.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Deferred Interest Amount means, with respect to the Class B Notes and a Payment Date, the sum of (i) interest accrued at the related Note Rate during the related Interest Accrual Period on such Note Balance Write-Down Amounts and (ii) any unpaid Deferred Interest Amounts from any prior Payment Date, together with interest thereon at the applicable Note Rate from the date any such Note Balance Write-Down Amount was applied, to the extent permitted by law.

Deferred Interest Amount means, in respect of any Deferred Interest Payment Date, an amount per Note in EUR (rounded down to the nearest cent and subject to a minimum of EUR 0) determined by the Calculation Agent in its sole discretion on the relevant Deferred Interest Cut-off Date as being equal to the excess (if any) of:

Examples of Deferred Interest Amount in a sentence

The "REDUCTION RATIO" is a fraction equal to: Deferred Interest Amount -------------------------------- Aggregate Party B Payment Amount The "AGGREGATE PARTY B PAYMENT AMOUNT" is equal to the Party B Floating Rate Amount, before any adjustment thereof in accordance with the terms of the provisions of this Section 3.2, that would otherwise have been payable on such Party B Floating Rate Payer Payment Date.
Deferred Interest Amount of deferred interest on the loan @ liquidation Accrued Servicing Fee Recovered Servicing fee recovered at time of liquidation.
Subject to the terms of this Agreement, at the option of the Administrative Borrower, the Term Loan (for the avoidance of doubt, excluding the Deferred Interest Amount) or any portion thereof shall be either a Reference Rate Loan or a LIBOR Rate Loan.
The "REDUCTION RATIO" is a fraction equal to: Deferred Interest Amount ----------------------------------------------- Aggregate Party B Payment Amount The "AGGREGATE PARTY B PAYMENT AMOUNT" is equal to the Party B Floating Rate Amount, before any adjustment thereof in accordance with the terms of the provisions of this Section 3.2, that would otherwise have been payable on such Party B Floating Rate Payer Payment Date.
The "REDUCTION RATIO" is a fraction equal to: Deferred Interest Amount ----------------------------------- Aggregate Party B Payment Amount The "AGGREGATE PARTY B PAYMENT AMOUNT" is equal to the Party B Floating Rate Amount, before any adjustment thereof in accordance with the terms of the provisions of this Section 3.2, that would otherwise have been payable on such Party B Floating Rate Payer Payment Date.

More Definitions of Deferred Interest Amount

Deferred Interest Amount means any interest not paid when due and deferred upon requisite approval by the Bondholders' Meeting (if applicable).

Deferred Interest Amount means, for any month, the amount, if any, by which interest accrued at the Applicable Rate exceeds interest which would have accrued at an annual rate of twelve percent (12.0%).

Deferred Interest Amount means, in respect of each Note in respect of each Affected Reference Entity on its related Deferred Interest Payment Date, an amount in the Notes Currency (rounded down to the nearest cent and subject to a minimum of zero) determined by the Determination Agent in its sole discretion on the relevant Cut-off Date as being equal to the excess (if any) of:

Deferred Interest Amount means the amount of interest that would have been payable on the relevant Interest Payment Date if the Potential Failures to Pay or Potential Repudiation/Moratoria had not occurred.

Deferred Interest Amount means any interest amount which, subject to any limits imposed by BNM on the payments that can be deferred, is deferred by the Issuer pursuant to the Limitation on Payment of Interest clause (please refer to Item 24.2).

Deferred Interest Amount means with respect to a Class of Notes, an amount equal to the sum of (i) interest accrued during the related Interest Accrual Period at the applicable Note Rate on any unreimbursed Note Balance Write-Down Amounts applied to such Class of Notes prior to such Payment Date, (ii) with respect to the Class C Notes, if such Payment Date occurs during a Sequential Interest Amortization Period and the Class A Notes or the Class B Notes have an Outstanding Note Balance, interest accrued during the related Interest Accrual Period at the related Note Rate on the Outstanding Note Balance of the Class C Notes immediately prior to such Payment Date, and (iii) any unpaid Deferred Interest Amounts from prior Payment Dates, plus interest thereon at the applicable Note Rate, to the extent permitted by law.

Deferred Interest Amount means interest accrued at the Deferred Interest Rate. “Deferred Interest Rate” means an annual rate of one percent (1.0%).