Foregone Interest definition

Foregone Interest has the meaning provided in Section 11.1 hereof.
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Foregone Interest has the meaning set forth in Section 2.02(f) hereof.
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Foregone Interest has the meaning set forth in Section 2.7(e).
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Examples of Foregone Interest in a sentence

  • Any Deferred Interest will in all events be due and payable upon the Maturity Date, subject, in the case of Foregone Interest, to Section 2.6(f) of the First Supplemental Indenture.

  • Any Deferred Interest will in all events be due and payable upon the Final Maturity Date, subject, in the case of Foregone Interest, to Section 2.7(e) of the First Supplemental Indenture.

  • Any accrued and unpaid interest will in all events be due and payable upon the Maturity Date, except for Foregone Interest to the extent provided for in Article 11 of the Third Supplemental Indenture.

  • Amounts to which the holders of the Junior Subordinated Debentures would have been entitled to receive hereunder, but for the operation of this Section 11.1, are referred to as "Foregone Interest." For the avoidance of doubt, this limitation on claims for unpaid interest does not apply to Optionally Deferred Interest, and holders will have a full claim for, and right to receive, such Optionally Deferred Interest.

  • Any Deferred Interest will in all events be due and payable upon the Maturity Date, subject, in the case of Foregone Interest, to Section 2.09(vi) of the Indenture.

  • Subordinate ------------------------ The Corporation covenants and agrees, and each Holder of a Debenture, by his or her acceptance thereof, likewise agrees, that the payment of the principal amount, interest, Redemption Price, Offer to Purchase Price and Foregone Interest evidenced by the Debentures is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all Permitted Secured Debt.

  • Under the terms of the Loan Agreement, Executive agrees to pay any tax imposed on Executive under federal, state, or local or other laws in connection with the forgiveness of the Original Loan Amount and any Forgiven Amount(s) or Foregone Interest Compensation (as defined in Section 3.1(a) of the Loan Agreement).

  • Any accrued and unpaid interest will, in all events be due and payable on the Maturity Date, except for the Foregone Interest to the extent provided for in Article X hereof.

  • Any accrued and unpaid interest will in all events be due and payable upon the Maturity Date or redemption of the Junior Subordinated Debentures, except for Foregone Interest (if any).

  • Notwithstanding the foregoing, any unpaid interest, together with any Compounded Interest, that accrued during the continuance of a Trigger Period may only be satisfied in accordance with the provisions of Section 6.3 of the Supplemental Indenture, except upon an Event of Default; provided, however, that any accrued and unpaid interest will in all events be due and payable upon maturity or redemption of the Capital Securities, except for Foregone Interest (if any).


More Definitions of Foregone Interest

Foregone Interest means, in respect of this Debenture, an amount equal to the interest payable on this Debenture that would have accrued to the Holder without giving effect to the provisions of subsection 2.01(3) from and including the Change of Control Date to but not including the Maturity Date;
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Foregone Interest means, in respect of a Debenture, an amount per Debenture equal to the interest payable on the Debenture that would have accrued to the Holder of such Debenture without giving effect to the provisions of subsection 2.6(b) from and including the Change of Control Date to but not including August 30, 2003; "generally accepted accounting principles" means generally accepted accounting principles in effect from time to time in Canada as applied by the Corporation in the preparation of its consolidated financial statements;
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Foregone Interest has the meaning set forth in Section 2.09(vi).
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Related to Foregone Interest

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Proportionate Interest has the meaning specified in Section 2.5(d);

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.