INTEREST REVENUE definition

INTEREST REVENUE means the notional figure of a short-term and interest-bearing Cash Component at the Custodian. At any time the ISSUER is entitled, at its sole discretion, to nominate any other credit institution in the Grand Duchy of Luxembourg, Switzerland or the Federal Republic of Germany for the hypothetical investment of the Cash Component.
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INTEREST REVENUE means investment revenue “deemed” earned by the Company from the investment of Customer Assets in the Reference Customer Accounts during the applicable Float Interest Payment Period, such “deemed” investment revenue shall be equal to (i) the aggregate amount of interest earned by Buyer and its Affiliates from the investment of all Customer Assets (including the investment of Customer Assets in the Reference Customer Accounts); multiplied by (ii) a fraction, the numerator of which is the average amount of Customer Assets in the Reference Customer Accounts during the applicable Float Interest Period and the denominator of which is the average amount of all Customer Assets (including those in the Reference Customer Accounts) during such period.
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INTEREST REVENUE is defined in .
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Examples of INTEREST REVENUE in a sentence

  • NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR ANY LOSS OR DAMAGE IN THE NATURE OF PARTIAL OR COMPLETE LOSS OF USE OF ANY GENERATING FACILITY, LOSS OF ELECTRIC POWER, COST OF REPLACEMENT OF ELECTRIC POWER, OR FOR ANY LOSS OF INTEREST, REVENUE OR ANTICIPATED PROFITS FROM ACTIVITIES UNDER THIS AGREEMENT.

  • NET INTEREST REVENUE AT RISK is defined as the exposure of the Corporation's net interest revenue over the next twelve months to an adverse movement in in- terest rates.

  • NO PARTY SHALL BE LIABLE TO THE OTHER PARTIES FOR ANY LOSS OR DAMAGE IN THE NATURE OF PARTIAL OR COMPLETE LOSS OF USE OF ANY GENERATING FACILITY, LOSS OF ELECTRIC POWER, COST OF REPLACEMENT OF ELECTRIC POWER, OR FOR ANY LOSS OF INTEREST, REVENUE OR ANTICIPATED PROFITS FROM ACTIVITIES UNDER THIS AGREEMENT.


More Definitions of INTEREST REVENUE

INTEREST REVENUE means, for any applicable period, the lower of:
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