Interest Installment Amount definition

Interest Installment Amount means, as to any Quarterly Installment Date, an amount equal to the accrued and unpaid interest on the outstanding Principal through such Quarterly Installment Date.
Sample 1
Interest Installment Amount means with respect to any Interest Installment Date an amount equal interest accrued on the outstanding principal balance hereof at an annual rate equal to Interest Rate. Interest shall be calculated on the basis of a 365-day year and the actual number of days elapsed, to the extent permitted by applicable law. In the event the Holder shall sell or otherwise transfer any portion of this Debenture, the transferee shall be allocated a pro rata portion of the each unpaid Interest Installment Amount hereunder.
Sample 1
Interest Installment Amount means, as to any Quarterly Installment Date, an amount equal to the accrued and unpaid interest on the outstanding Principal through such Quarterly Installment Date.”
Sample 1

Examples of Interest Installment Amount in a sentence

  • In the alternative, the Maker shall deliver to the Holder by express courier a certificate or certificates which shall be free of restrictive legends and trading restrictions (other than those required by Section 5.1 of the Purchase Agreement) representing the number of shares of Common Stock being issued in payment of the Principal Installment Amount and the Interest Installment Amount on the Principal Payment Date.

  • If the Maker elects to pay the Principal Installment Amount and the Interest Installment Amount in cash such amount shall be wired in immediately available funds on the Principal Payment Date.

  • The Maker shall notify the Holder in writing five (5) Trading Days prior to the Principal Payment Date (the “Notification Date”) of its election to pay the Principal Installment Amount and Interest Installment Amount in cash or registered shares of Common Stock, or any combination thereof, at the Maker’s discretion.

  • On each Quarterly Installment Date, the Borrower shall pay to the Holder an amount equal to the Interest Installment Amount due on such Quarterly Installment Date in cash or, provided there has been no Stock Payment Conditions Failure, in shares of Common Stock (or any combination of the foregoing), in accordance with the provisions of Article III.

  • On and after the Effective Date, the Maker may pay such Principal Installment Amount and Interest Installment Amount (i) in cash or (ii) registered shares of the Maker’s common stock, par value $.001 per share (the “Common Stock”) provided there is an effective registration statement covering the Common Stock to be so issued.

  • Notwithstanding the foregoing, any Principal Installment Amounts made in cash after the Effective Date shall be made in the amount of 110% of the Principal Installment Amount plus (ii) 100% of the Interest Installment Amount.

  • The Maker shall provide irrevocable written notice (via email) to the Holder of the form of payment of the Principal Installment Amount and Interest Installment Amount at least twenty (20) days prior to the first day of each month for which a Principal Installment Amount is required to be made by the Maker.

  • The Maker shall provide irrevocable written notice to the Holder of the form of payment of the Interest Installment Amount on the tenth (10th) business day prior to each Interest Payment Date (the "Announcement Date").

  • The Maker shall notify the Holder in writing five (5) Trading Days prior to the Principal Payment Date (the “Notification Date”) of its election to pay the Principal Installment Amount and Interest Installment Amount in cash or shares of Common Stock, or any combination thereof, at the Maker’s discretion.

Related to Interest Installment Amount

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Installment Date as defined in Section 2.12.

  • Scheduled Principal Payment Amount means, for any Payment Date, an amount equal to the excess of (a) the Note Principal Amount on such Payment Date over (b) the Scheduled Note Principal Amount for such Payment Date.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Scheduled Principal Distribution Amount With respect to each Distribution Date, an amount equal to the aggregate of the principal portions of:

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Payment Amount has the meaning specified in Section 6.1.

  • Unscheduled Principal Distribution Amount With respect to any Distribution Date, an amount equal to the aggregate of: (a) all Principal Prepayments received on the Mortgage Loans during the related Collection Period (or, in the case of the Outside Serviced Mortgage Loans, all Principal Prepayments received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date); and (b) any other collections (exclusive of payments by Mortgagors) received on the Mortgage Loans and, to the extent of the Trust’s interest therein, any REO Properties during the related Collection Period (or, in the case of an Outside Serviced Mortgage Loan or any interest in REO Property acquired with respect thereto, all such proceeds received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date), whether in the form of Liquidation Proceeds, Insurance Proceeds, Condemnation proceeds, net income, rents, and REO Proceeds or otherwise, that were identified and applied by the Master Servicer (and/or, in the case of an Outside Serviced Mortgage Loan, the related Outside Servicer) as recoveries of previously unadvanced principal of the related Mortgage Loan.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, the sum of (i) the Monthly Interest Distributable Amount for that Class and (ii) the Unpaid Interest Shortfall Amount for that Class.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.