interest premium definition
interest premium means the interest rate payable in addition to the reference rate as a part of credit interest (in other words, a portion of the interest rate defined as the difference between the credit interest rate and the reference rate);
interest premium has the meaning provided in Section 3.06(c).
interest premium means an interest rate based on the amount of the Borrower's audited net profits calculated in accordance with Generally Accepted Accounting Principles accepted in the United States for a Financial Year to be applied to the Interest Period commencing on the next Interest Payment Date to occur after the end of such Financial Year and the next succeeding Interest Period and determined as follows: Audited net profits Interest Premium ($) (basis points) less than 8,000,000
More Definitions of interest premium
interest premium is 200 basis point (2%) to be added to the interest rate otherwise applicable hereunder in accordance with Section 6.9.