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 with "payments in respect of."

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.

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

  • 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 each Loan shall be due and payable in arrears on each Interest Payment Date applicable thereto and at such other times as may be specified herein.

More Definitions of Interest on

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.
Interest on. With any payment of principal, Issuer shall pay all PREPAYMENTS: interest, fees and other amounts accrued on that principal. SENIOR DEBT All prepayments will be subject to any limitations LIMITATION: agreed between the Issuer and the provider of the New Senior Facility. INTEREST INTEREST RATE: 15% per annum.
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. PAST-DUE SUM/LATE CHARGE. If Tenant fails to pay when due any sum payable under this Lease, the past-due sum shall accrue interest, from the due date until paid, at the annualized rate of eighteen percent (18%) or the highest rate permitted by applicable law, whichever is less. Interest on past-due sums shall be considered Additional Charges for purposes of this Lease. In addition, should Landlord receive any payment due under this Lease more than five (5) days after the payment is due, Tenant shall pay Landlord an administrative fee of Seventy-five Dollars ($75.00). This section shall not be construed to extend the date for any payment required under this Lease. Landlord's collection of a late charge or interest also shall not operate to cure a Default. It is agreed that any late charge or the imposition of interest is fair and reasonable under the circumstances and shall not be construed as interest on debt.
Interest on. CALLS If any amount called in respect of a share is not paid before or on the day appointed for payment thereof, the person from whom the amount is due and payable shall pay interest thereon from and including the day appointed for payment thereof to but excluding the day of actual payment at such rate as may be fixed by the terms of allotment of the share or, if no rate is fixed, at such rate (not exceeding 15 per cent. per annum) as the Directors determine and all costs, charges and expenses incurred by the company by reason of such non-payment, but the Directors shall be at liberty in any case to waive payment of such interest or such costs, charges and expenses wholly or in part. No dividend or other payment or distribution in respect of any such share shall be paid or distributed so long as any such sum or any interest or expenses payable in accordance with this Article in relation thereto remains due.
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 the Second Deposit shall be credited as follows: (1) Seller shall be credited with the interest allocated to the HM Property and the WGV Property (defined in Section 1.6 below) at the HM/WGV Closing (defined in Section 2.3 below); and (2) Buyer shall be credited with the interest allocated to the EH Property and interest on the WT Allocated Amount at the EH Closing and the WT Closing (as those terms are defined in Section 2.3 below), respectively.