Interest on definition

Interest on funds invested pursuant to this Section shall accrue from the date of investment of such funds until such funds are released from escrow pursuant to paragraph 4.
Interest on any overpayment of Corporation Tax made by the Lessor in respect of this Lease, and interest on any Relevant Amount which is a positive amount is (or would had it actually been received by the Lessor) taxable in computing the taxable profits of the Lessor.
Interest on the funds drawn by the Borrower under this Term Loan Facility shall be calculated on the basis of actual days elapsed in a 360-day year based on the Interest Rate set forth in the Term Note.

Examples of Interest on in a sentence

Interest on the Securities shall be computed on the basis of a 360-day year composed of twelve 30-day months.

Interest on the Notes shall be computed on the basis of a 360-day year of twelve 30-day months.

The Company may make payment of any Defaulted Interest on any Securities in any other lawful manner not inconsistent with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee.

Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Pass-Through Rate on the Certificate Balance of this Certificate immediately prior to each Distribution Date.

Interest on any overdue principal or premium shall be payable on demand.


More Definitions of Interest on

Interest on with "payments in respect of."
Interest on. Tranche A Revolving Loans shall be payable in arrears on each applicable Interest Payment Date (and at such other times as may be specified herein)."
Interest on all amounts outstanding under the Note, whether Prime Rate Loans or LIBOR Loans, shall be payable quarterly in arrears. A final payment of all outstanding amounts due under the Note, including, but not limited to principal, interest and any amounts owing under Subsection 11(m) of this Agreement, if not payable earlier, shall be due and payable on July 1, 2003. The amounts outstanding under the Note from time to time shall bear interest calculated on the actual number of days elapsed on the basis of a 360 day year, at a rate equal, at the Borrower's option, to either (a) LIBOR plus 125 basis points, or (b) the Prime Rate (whichever rate is so selected, the `Interest Rate'), provided that the Interest Rate shall, at all time, equal or exceed 3.5% per annum."
Interest on interest bearing obligations shall be payable to Lessee by the issuer thereof. The Port shall not be required to pay to or credit Lessee with any interest on any Deposit. The issuing bank shall provide that a certificate of deposit is payable in San Francisco or Oakland. If Monthly Rent is increased hereunder the then required Deposit shall be increased by the same percentage as the percentage of increase of the Monthly Rent. In no event, however, shall the Deposit at any time be decreased. Lessee shall deposit with the Port the increased amount of the Deposit within 30 days after the Rent Adjustment Date, or in any case where adjusted rent is determined hereunder by appraisal, within 30 days after Lessee's receipt of the appraiser's opinions. Lessee's payment of the Deposit shall not limit Lessee's liability to the Port for the payment of amounts due to the Port by Lessee in excess of the amount of the Deposit.
Interest on this Swingline Note shall be payable, at the times and from the dates specified in the Credit Agreement for the Swingline Loans, on the date of any prepayment hereof, at maturity, whether due by acceleration or otherwise, and as otherwise provided in the Credit Agreement. From and after the date when the principal balance hereof becomes due and payable, whether by acceleration or otherwise, interest hereon shall be payable on demand, subject to any grace or cure period set forth in the Credit Agreement. In no contingency or event whatsoever shall interest charged hereunder, however such interest may be characterized or computed, exceed the highest rate permissible under any law which a court of competent jurisdiction shall, in a final determination, deem applicable hereto. In the event that such a court determines that Lender has received interest hereunder in excess of the highest rate applicable hereto, such excess shall be applied in accordance with the terms of the Credit Agreement. The indebtedness evidenced by this Swingline Note is secured pursuant to the terms of the Loan Documents. Except for any notices expressly required by the Loan Documents and as otherwise required by applicable law, Borrower hereby waives demand, presentment and protest and notice of demand, presentment, protest and nonpayment. Borrower further agrees, subject only to any limitation imposed by applicable law or the Loan Documents, to pay all expenses, including reasonable attorneys' fees and legal expenses, incurred by Lender in endeavoring to collect any amounts payable hereunder which are not paid when due, whether by acceleration or otherwise. THIS SWINGLINE NOTE SHALL BE GOVERNED BY, AND INTERPRETED AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS (AS OPPOSED TO CONFLICTS OF LAW PROVISIONS THAT REQUIRE OR PERMIT APPLICATION OF THE LAWS OF ANY OTHER STATE OR JURISDICTION) AND DECISIONS OF THE STATE OF COLORADO. Whenever possible each provision of this Swingline Note shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Swingline Note shall be prohibited by or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition or invalidity in such jurisdiction, without invalidating the remainder of such provision or the remaining provisions of this Swingline Note or the effectiveness and validity of such prohibited or invalid provision in any other jurisdiction. Whenever in this...
Interest on. Loans shall be due and payable in arrears on the first Business Day of each month, commencing on January 1, 2001 and on the Expiration Date or upon acceleration of the Notes. Interest on mandatory prepayments of principal under Section 5.5 [Mandatory Prepayments] shall be due on the date such mandatory prepayment is due. Interest on the principal amount of each Loan or other monetary Obligation shall be due and payable on demand after such principal amount or other monetary Obligation becomes due and payable (whether on the stated maturity date, upon acceleration or otherwise).
Interest on with "payments in respect of." (m) Section 8.04 of the Original Indenture is hereby amended by replacing the words therein "principal amount" with "Principal Amount at Maturity."