IRR Rate definition
Examples of IRR Rate in a sentence
Only for the Calendar Month in which Time 0 occurs, simple interest shall accrue on the daily outstanding principal balance at a daily rate equal to the IRR Rate divided by 365.
All Contributions will be considered to have been made at the end of the Calendar Month in which they were actually made; and each Contribution will be increased by an amount equal to the interest accruing on such Contribution at the applicable IRR Rate, for the period commencing on the date such Contribution is actually made through the last day of the Calendar Month in which the same is made.
All Distributions will be considered to have been made at the end of the Calendar Month in which they were actually made; and each Distribution in a particular Calendar Month will be increased by an amount equal to the interest accruing on such Distribution at the applicable IRR Rate, for the period commencing on the date such Distribution is actually made through the last day of the Calendar Month in which the same is made.
The Partnership IRR Rate shall be recalculated on the date of each Distribution under this Agreement, and if the Partnership IRR Rate is higher than the Default Loan Rate then in effect, the interest payment next due, and all accrued but unpaid interest, shall be recalculated using the most current Partnership IRR Rate as the Default Loan Rate.
Accordingly, (i) the “9.25% IRR Deficiency” is the IRR Deficiency using the 9.25% IRR Rate and (ii) the “10.5% IRR Deficiency” is the IRR Deficiency using the 10.5% IRR Rate.
The Partnership IRR Rate shall be recalculated on the date of each Distribution under this Agreement, and if the applicable Partnership IRR Rate is higher than the Default Loan Rate then in effect, the interest payment next due, and all accrued but unpaid interest, shall be recalculated using such current applicable Partnership IRR Rate as the Default Loan Rate.
The “15% IRR Deficiency” is the IRR Deficiency using an IRR Rate of 15% per annum, the “20% IRR Deficiency” is the IRR Deficiency using an IRR Rate of 20% per annum, and the “25% IRR Deficiency” is the IRR Deficiency using an IRR Rate of 25% per annum.
Accordingly, the "15% IRR Deficiency" is the IRR Deficiency using the 15% IRR Rate and the "25% IRR Deficiency" is the IRR Deficiency using the 25% IRR Rate.
Accordingly, (i) the “8.25% IRR Deficiency” is the IRR Deficiency using the 8.25% IRR Rate and (ii) the “12% IRR Deficiency” is the IRR Deficiency using the 12% IRR Rate.
The “15% IRR Deficiency“ is the IRR Deficiency using an IRR Rate of 15% per annum, the “20% IRR Deficiency“ is the IRR Deficiency using an IRR Rate of 20% per annum, and the “25% IRR Deficiency“ is the IRR Deficiency using an IRR Rate of 25% per annum.