Interest Provision definition

Interest Provision means such amounts as the Trustee must take out from the Trust Assets and which must form part of the Reserve Fund, under the terms of the provision of Clause Seventh and Seventh Part B of the present Trust Agreement, for the purpose of paying such amounts that by concept of interest the Borrower must pay to the Trust Beneficiary in the First Instance, pursuant to the Loan Agreement, on the last Day of the month in question, and for which also should be sufficient to make the interest payment corresponding to the next month.
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Interest Provision means a provision in the Provisioning Account into which Note Interest that has accrued, but which is not yet payable, will be transferred on a monthly basis; provided that on the relevant Interest Payment Date the amounts to the credit of the Interest Provision will be transferred to the Transaction Bank Account;
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Examples of Interest Provision in a sentence

  • All commercial general liability insurance policies (and Excess or Umbrella Liability Insurance policies, if applicable) shall provide that the City is an additional insured as to the operations of the Awardee/Contractor under the award/contract including the additional insured endorsement, the subrogation wavier endorsement, and the Severability of Interest Provision.

  • All Liability Policies shall provide that the Lessor is an Additional Insured as to the operations of Lessee under this Lease and shall also provide the Severability of Interest Provision.

  • All liability policies shall provide that The City is named an additional insured as to the operations of ACOG under this Agreement and shall also provide the following Severability of Interest Provision: With respect to claims involving any insured hereunder, except with respect to limits of insurance, each such interest shall be deemed separate from any and all other interest herein, and coverage shall apply as though each such interest was separately insured.

  • By/s/▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: CEO DB DAVA LLC By: /s/▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory EXHIBIT A CAPITAL CONTRIBUTION OF MEMBERS AND ADDRESSES OF MEMBERS AND MEMBERS AS OF June 30, 2014 MEMBERS: Member’s Name Member’s Address Member’s Capital Contribution Member’s Percentage Interest Provision Interactive ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇ $12,500,000, 20%* Technologies, Inc.

  • Following the City’s notification to the Port of a proposed Direct Port Third Party Beneficiary Interest Provision Action, the Port and the City will Consult with one another regarding such Direct Port Third Party Beneficiary Interest Provision Action.

  • The Seller agrees, with respect to performance of this Order to abide by the following Conflict of Interest Provision.

  • On each interest and/or principal payment date pursuant to the Loan Agreement, the Trustee shall pay, using the funds in the Interest Provision and/or the Principal Provision, and/or the Additional Contributions, if any, as appropriate, on deposit in the Loan Repayment Account, the sums that the Borrower is required to pay to the Trust Beneficiary in the First Instance pursuant to the Loan Agreement.

  • By/s/▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: CEO By: /s/▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory EXHIBIT A CAPITAL CONTRIBUTION OF MEMBERS AND ADDRESSES OF MEMBERS AND MEMBERS AS OF June 30, 2014 Member’s Name Member’s Address Member’s Capital Contribution Member’s Percentage Interest Provision Interactive ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇ $12,500,000, 20%* Technologies, Inc.

  • All liability policies shall provide that The City is named an additional insured as to the operations of Friends under this Agreement and shall also provide the following Severability of Interest Provision: With respect to claims involving any insured hereunder, except with respect to limits of insurance, each such interest shall be deemed separate from any and all other interest herein and coverage shall apply as though each such interest was separately insured.

  • Section 11.12 Governing Law; Venue; Service of Process 143 Section 11.13 Counterparts 144 Section 11.14 Severability 144 Section 11.15 Headings 144 Section 11.16 Construction 144 Section 11.17 Independence of Covenants 145 Section 11.18 WAIVER OF JURY TRIAL 145 Section 11.19 Additional Interest Provision 145 Section 11.20 USA Patriot Act Notice 146 Section 11.21 Defaulting Lenders.