Increased Interest definition

Increased Interest means the interest, if any, that shall accrue on any amounts payable on the Securities, the payment of which has not been made on the applicable Interest Payment Date and which shall accrue at the rate per annum, equal to 10%.

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Increased Interest has the meaning specified in Section 1.1 of the Indenture.

Increased Interest means any and all amounts that become payable pursuant to Section 5 of the Registration Rights Agreement.

Examples of Increased Interest in a sentence

• Such Increased Interest Rate shall be applied to the outstanding balance in your Card Account, as well as to the computation of finance charges in respect thereof, from the first working day after the date of the subsequent Card Account statement following your next Card Account statement.

• The Increased Interest Rate will continue to be applied to your Card Account unless and until the minimum payment for your Card Account is made in full on or before the payment due date as specified in your monthly Card Account statement, upon which the Increased Interest Rate shall be reinstated to the prevailing interest rate with effect from the first working day after the next Card Account statement date.

• If GGR has acquired the Increased Interest under the GGR Agreement prior to such removal, all amounts in clauses (a), (b) and (c) of the preceding sentence shall be increased to reflect the amounts paid by GGR to Non-Operators and to the Joint Account on account of such Increased Interest.

• No interest on the Notes shall be due and payable during an Extension Period, except at the end thereof, but each installment of interest that would otherwise have been due and payable during such Extension Period shall bear Increased Interest (to the extent payment of such interest would be legally enforceable) from the dates on which amounts would have otherwise been due and payable until paid or until funds for the payment thereof have been made available for payment.

• If GGR has acquired the Increased Interest under the GGR Agreement prior to such removal, all amounts in clauses (a), (b) and (c) of the preceding sentence shall be increased to reflect the amounts paid by GGR to Non- Operators and to the Joint Account on account of such Increased Interest.

More Definitions of Increased Interest

Increased Interest is defined in Section 9.8(b).

Increased Interest. As defined in Section 5 hereof. Indenture: Indenture, dated as of the Closing Date, between the Company and the Trustee, pursuant to which the Securities are to be issued, as such Indenture is amended or supplemented from time to time in accordance with the terms thereof.

Increased Interest has the meaning ascribed to such term in Section 3.3(A)(2).

Increased Interest. Amount shall mean, on and after June 1, 1997, the difference, if any, between (A) $5,000,000 and (B) the amount of cash equity contributed to the Borrowers or other financing obtained by the Borrowers, in each case pursuant to documentation, on terms and in all other respects satisfactory to the Lenders (the equity contribution or financing described in this clause (B) is hereinafter referred to as the "Additional Financing"). The Increased Interest Amount shall only be reduced to the extent that the Borrowers have provided the Lenders with evidence, reasonably satisfactory to the Lenders, that the cash proceeds of such Additional Financing have been received by the Borrowers. The Increased Interest Amount of the Loans shall be allocated among the Lenders based on their respective Pro Rata Shares."

Increased Interest has the meaning set forth in Section 2.09.

Increased Interest means the interest rate paid in connection with any loan or loans (including the Base Year Loan) and any refinancing of loans or additional loans secured by the property of which the Premises are a part in excess of the interest rate charged in connection with the Base Year Loan at the later of either the Commencement Date or the date the Base Year Loan was funded, multiplied by the original principal amount of the Base Year Loan. The "interest rate" for purposes of Increased Interest shall be deemed to include any points or other fees and charges in connection with any such loan or loans, amortized over the lesser of ten (10) years or term of such loan or loans.

Increased Interest is defined in Section 1.2. “Increased Interest Payment” is defined in Section 1.2.