Normal Interest definition

Normal Interest has the meaning given to it in Condition 4 (Interest);

Examples of Normal Interest in a sentence

  • The terms and conditions of the Notes provide that it will be an Event of Default if one or more payments of Normal Interest on the Most Senior Class of Notes is or are missed or not paid in full in any circumstances.

  • To the extent that there are insufficient funds on the following Interest Payment Date, the deferral of interest shall continue until the first date upon which the whole Principal Liability Outstanding in respect of the relevant class of Notes becomes due for redemption or, in the case of payment of Normal Interest only, on the date, if earlier, when such class of Notes becomes the Most Senior Class of Notes.

  • Normal Interest payable for the period of delay in making payment as per agreed terms.NilNil(d)i.

  • ACS Infrastructure North America (ACS), a division of Iridium Concesiones de Infraestructuras S.A., one of the world’s largest transportation concession and construction companies, is considering participation in the DesertXpress project.

  • Interest Deferral: Interest due and payable on each class of Notes (other than payments ofany Normal Interest on the Class A Notes) may be deferred in accordance with Condition 4 (Interest).

  • WHERE THE LOAN IS A CONSUMER CREDIT CONTRACT PURSUANT TO THE CCCFA 2: Annual Interest Rates: Normal Interest RateAt the rate set out in the Loan Offer.

  • Interest due and payable on each class of Notes (other than payments of any Normal Interest on the Most Senior Class of Notes) may be deferred in accordance with Condition 4 (Interest).

  • If you comply with all provisions of the Additional Terms for Securities Margin Account, then the applicable interest rate will be the Normal Interest Rate referred to the above.

  • As presented throughout this report, Mahefa Miaraka continued to promote a sense of ownership among stakeholders and develop the capacity of GOM officials and other community actors at the local level through technical trainings.

  • The bank‟s Margins will only squeeze if the economy‟s interest rates suddenly revert to the Normal Interest Rates Yield Curve, then banks will have to again lend long than short and in the transition process of the Yield Curve, banks Spreads would squeeze.Flat Yield Curve and Net Interest Spreads When the interest rates structure in the economy is transitioning from an upward sloping curve to a downward sloping curve or vice- versa, then the yield curve becomes flat (UBS, 1988).

Related to Normal Interest

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Additional Interest shall have the meaning set forth in Section 2(e) hereof.

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Financial Interest means either:

  • Deferred Interest shall have the meaning set forth in Section 4.1.

  • Interest when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

  • Affiliated interest means a person or corporation as defined in RCW 80.16.010.

  • Significant Financial Interest means anything of monetary value, including but not limited to, salary or other payments for services (e.g., consulting fees or honoraria); equity interests (e.g., stocks, stock options or other ownership interests); and intellectual property rights (e.g., patents, copyrights, license agreements, and royalties from such rights). The term does not include: