Final Interest definition

Final Interest means, with respect to each of the Well▇ ▇▇▇ntified in Exhibit "A" and the lands described in the Drilling Unit attributable thereto, the applicable Working Interest and Net Revenue Interest set forth in Exhibit "A".
View Source

Examples of Final Interest in a sentence

  • Calculate the “Differential Interest Amount” for each interest payment due during the Remaining Fixed Pricing Period by subtracting the Final Interest Amount from the Initial Interest Amount for each such payment.

  • Provided that no Event of Default shall have occurred and be continuing, at least three (3) Eurodollar Business Days prior to the Final Interest Payment Date of each Eurodollar Advance, Borrower may give to Bank written notice that all or any portion of such Eurodollar Advance shall continue as a Eurodollar Advance upon the expiration of the then-current Interest Period (the "ROLLOVER NOTICE").

  • From and after [___], 2002, interest on the sum of the principal amount of each Security and the accrued and unpaid interest thereon through the Final Interest Accrual Date (the "Final Accumulated Interest Amount") will be payable semiannually (to Holders of record at the close of business on [____] or [____] immediately preceding the Interest Payment Date) on [____] and [____] of each year, commencing [____], 2003.

  • Upon the Noteholder Delivery, in consideration of the Company Delivery and the Final Interest Payment, pursuant to this Agreement, good and valid title to the Existing Notes owned by the Noteholder will pass to the Company, free and clear of any liens, claims, encumbrances, security interests, options or charges of any kind.

  • Loan No. ▇▇-▇▇▇ ▇▇▇▇: 48 months Start: 11/18/97 Type of loan: Equipment Loan Payment: $2,554.87/month Final Interest Payment: $15,268.12 Original Loan: $101,787.49 Venture Lending & Leasing Inc.

  • The maturity date shall be the Final Interest Payment Date, on which interest shall be repaid with principal.

  • Loan No. ▇▇-▇▇▇ ▇▇▇▇: 36 months Start: 09/30/96 Type of Loan: Working Capital Loan Payment: $18,457.50/month Final Interest Payment: $86,250.00 Original Loan: $575,000.00 Venture Lending & Leasing Inc.

  • Unless Bank shall have actually received written notice from Borrower requesting otherwise, delivered in accordance with SECTION 2.6(c) below, at least three (3) Eurodollar Business Days prior to the Final Interest Payment Date with respect to a Eurodollar Advance, then on such Final Interest Payment Date the outstanding Eurodollar Advance shall be converted to a Prime Rate Advance.

  • Any attempt to sell, transfer, pledge, hypothecate or otherwise dispose of any PSU contrary to the provisions of this PSU Agreement and the Plan shall be void and ineffective and shall give no right to the purported transferee.

  • Any unpaid interest on Notes tendered and accepted pursuant to the Exchange Offer which has accrued to the initial Interim Closing Date (as defined below), calculated on a pro rata basis for that period regardless of which Closing Date (as defined below) actually applies to such Notes (the "Pro Rata Interest"), will be paid in cash or stock (valued at the Exchange Price) at the Company's option, on the applicable Closing Date (such payment in either form, the "Final Interest Payment").