Increased Interest Rate definition

Increased Interest Rate means the occurrence of either a Primary Increased Interest Rate or a Secondary Increased Interest Rate.
Sample 1Sample 2Sample 3
Increased Interest Rate means the occurrence of a MDL Leverage Increased Interest Rate or a Primary Elevated Interest Rate, as applicable. Stericycle, Inc. Third Amendment
Sample 1Sample 2
Increased Interest Rate means the Adjusted Leverage Elevated Interest Rate or the Unadjusted Leverage Elevated Interest Rate, as applicable.
Sample 1Sample 2Sample 3

Examples of Increased Interest Rate in a sentence

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

  • The Increased Interest Rate will continue to be applied to your Cashline account unless and until the minimum payments for your Cashline account are made in full for three (3) consecutive months on or before their respective payment due dates as specified in your monthly Cashline statements, upon which the Increased Interest Rate shall be reinstated to the Prevailing Interest Rate with effect from the first working day after the next Cashline statement date.

  • These boxes can be easily identified by a blue light mounted on a white or blue tower.

  • The form of Note under the Note Purchase Agreement includes a reference to the “Increased Interest Rate” and the Company acknowledges that such reference shall be deemed to reference the Increased Interest Rate as defined in the Note Purchase Agreement after giving effect to this Agreement.

  • G., Groundwater and Wells, Johnson Division, Second edition, 1089 page, 1985.Gilbert, C.

  • Immediately following the Publication Date and based on a Publication Notification, the Issuer is obliged to announce the Increased Interest Rate (per annum) and the circumstances relating to the increase of the Interest Rate.

  • AFFIRMATIVE COVENANTS 26 Section 9.1. Compliance with Law 26 Section 9.2. Insurance 26 Section 9.3. Maintenance of Properties 27 Section 9.4. Payment of Taxes and Claims 27 Section 9.5. Existence, Etc 27 Section 9.6. Notes to Rank Pari Passu 27 Section 9.7. Additional Subsidiary Guarantors 28 Section 9.8. Books and Records 29 Section 9.9. Increased Interest Rate 29 Section 9.10.

  • The Increased Interest Rate shall be payable by the Customer on each Payment Date in each relevant Period where no Write Off applies.

  • The Committee may amend the Plan, provided such amendments would not significantly increase the cost of the Plan, change the level of benefits provided under the Plan or modify the underlying policy reflected by the Plan and provided, further, that notwithstanding the above, the Committee may adopt any amendment necessary to maintain the Plan’s qualified status under the applicable provisions of the Code.

  • The practice stage allows learners to practice what they have been presented previously.


More Definitions of Increased Interest Rate

Increased Interest Rate is defined in Section 10.6(a)(ii).
Sample 1Sample 2Sample 3
Increased Interest Rate means the Fixed Interest Rate calculated in accordance with the procedure established in the Special Terms and Conditions, which the Borrower undertakes to pay in case the real estate provided for in the Special Terms and Conditions is not leased on market terms within the term specified in the Loan Agreement.
Sample 1Sample 2
Increased Interest Rate means the Base Interest Rate plus the amount of any Interest Rate Adjustment upon the occurrence of any One-Time Credit Rating Change and any subsequent Credit Rating Upgrade as set forth in Section 201(d) herein.
Sample 1Sample 2
Increased Interest Rate means the occurrence of a MDL Leverage Increased Interest Rate or a Primary Elevated Interest Rate, as applicable.
Sample 1Sample 2

Related to Increased Interest Rate

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Capped Interest Rate is defined in the Note, if applicable.

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Base Interest Rate means Bank's initial cost of funding the Fixed Obligations. The Prepayment Fee is calculated as follows: First, Bank determines a "Current Market Rate" based on what the Bank would receive if it loaned the remaining amount on the prepayment date in a wholesale funding market matching maturity, remaining principal and interest amounts and principal and interest payment dates (the aggregate payments received are the "Current Market Rate Amount"). Bank may select any wholesale funding market rate as the Current Market Rate. Second, Bank will take the prepayment amount and calculate the present value of each remaining principal and interest payment which, without prepayment, the Bank would have received during the term of the Fixed Obligations using the Base Interest Rate. The sum of the present value calculations is the "Xxxx to Market Amount." Third, the Bank will subtract the Current Market Rate Amount from the Xxxx to Market Amount. Any amount greater than zero is the Prepayment Fee.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Applicable Interest Rate means (i) with respect to any Fixed Rate Indebtedness, the fixed interest rate applicable to such Fixed Rate Indebtedness at the time in question, and (ii) with respect to any Floating Rate Indebtedness, either (x) the rate at which the interest rate applicable to such Floating Rate Indebtedness is actually capped (or fixed pursuant to an interest rate hedging device), at the time of calculation, if Borrower has entered into an interest rate cap agreement or other interest rate hedging device with respect thereto or (y) if Borrower has not entered into an interest rate cap agreement or other interest rate hedging device with respect to such Floating Rate Indebtedness, the greater of (A) the rate at which the interest rate applicable to such Floating Rate Indebtedness could be fixed for the remaining term of such Floating Rate Indebtedness, at the time of calculation, by Borrower’s entering into any unsecured interest rate hedging device either not requiring an upfront payment or if requiring an upfront payment, such upfront payment shall be amortized over the term of such device and included in the calculation of the interest rate (or, if such rate is incapable of being fixed by entering into an unsecured interest rate hedging device at the time of calculation, a fixed rate equivalent reasonably determined by Administrative Agent) or (B) the floating rate applicable to such Floating Rate Indebtedness at the time in question.

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • Effective Interest Rate means the rate of interest per annum on the Loans in effect from time to time pursuant to the provisions of Section 3.1(a), (b) and (c).

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

  • Class E Interest Rate means 4.67% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • Increased Rate means, with respect to any Increased Rate Period for a Series of RVMTP Shares, the Index Rate for such Increased Rate Period plus an Applicable Spread of 5.92%.

  • Lower-Tier Interest Rate As described in the Preliminary Statement.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

  • Conversion to Fixed Interest Rate With respect to each Adjustable Rate Mortgage Loan, the Mortgage Loan is not a Convertible Mortgage Loan;

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Revolving Interest Rate means, with respect to Revolving Advances, an interest rate per annum equal to (a) the lesser of (i) the sum of the Alternate Base Rate plus the Applicable Revolving Domestic Rate Margin and (ii) the Maximum Rate, with respect to Domestic Rate Loans, and (b) the lesser of (i) the sum of the Eurodollar Rate plus the Applicable Revolving Eurodollar Rate Margin and (ii) the Maximum Rate, with respect to the Eurodollar Rate Loans.

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.