Notional Interest definition

Notional Interest has the meaning set forth in Section 3.3(a) hereof.
Notional Interest means an amount representing a notional interest expense or other financing charge calculated by reference to any of the CFC's equity or debt.
Notional Interest means the notional interest accruing on the outstanding balance of the

Examples of Notional Interest in a sentence

  • Notional Interest Amount has the meaning set forth in Condition 4.3. Optional Interest Payment Date means any Interest Payment Date other than a Mandatory Interest Payment Date.

  • Notional Interest - this reflects the benefit the service receives from the Authority's decision to tie up scarce capital resources in that particular asset rather than another.

  • Previously they followed directly after the statement they related to.Collection FundCollection Fund (unchanged) Notional Interest The key change to accounting treatment in the SORP is that authorities are no longer required to account for notional interest.

  • In 2015, Cyprus introduced Notional Interest Deduction (‘NID’) in its tax law, which relates to a notional interest deduction on new equity which can be set against taxable income generated by the company as a result of the funds from the new equity.

  • In addition, on each Fixed Rate Payer Period End Date falling in March, June, September and December there will be added to the balance of the Second Collateral Ledger an amount equal to the Second Collateral Ledger Notional Interest Amount (if any) in respect of the Quarterly Period ending on such Fixed Rate Payer Period End Date.

  • The implementation of the Notional Interest Deduction (“NID”) rule in Cyprus since July 2015 has created a powerful tool to local and international organisations seeking new options to finance their operations.

  • The amount, if any, determined in accordance with the preceding sentence shall be increased to reflect deemed earnings on such amount during the applicable Holdback Period based on the applicable Notional Interest Rate during such period.

  • BASF’S OTHER SWISS TRADING COMPANIES – p 24 VII - BELGIUM: PROFIT SHIFTING WITH GENEROUS LOOPHOLES – p 267.1 The Notional Interest Deduction – p 267.2 The Excess Profits deduction – p 26VIII – BRANCHING OUT IN MALTA: BASF’S €5 BILLION GROUP FINANCE COMPANY – p 28IX - CONCLUSIONS AND POLICY PROPOSALS – p 30 X - ANNEX I.

  • On street parking is already hazardous, which at times would be an issue for access of emergency vehicles.

  • Notional Interest Deduction (‘NID’)As of assessment year 2019 (relating to taxable periods starting the earliest on 1 January 2018), the currently existing NID system, which is calculated on the basis of the adjusted accounting equity (so-called ‘risk capital’ or ‘RC’) at the end of the preceding taxable period, is reformed to a system in which NID is only granted with respect to an average five-yearincrease of the risk capital.


More Definitions of Notional Interest

Notional Interest means simple interest at 8% applied to customers at the point at which they have a credit balance with Vanquis.
Notional Interest means in relation to any relevant sum to be paid to the Applicant under this paragraph 2.2 a sum equal to interest thereon at the Base Interest Rate compounded with rests on the usual quarter days for the period from the Calculation Date down to the relevant date for payment (or if earlier the date on which payment is made by the Applicant to the Agency in cleared funds)
Notional Interest means in relation to any relevant sum to be paid to the Applicant under thisparagraph 2.2 a sum equal to interest thereon at the Base Interest Rate compounded with rests on the usual quarter days for the period from the Calculation Date down to the relevant date for payment (or if earlier the date on which payment is made by the Applicant to the Agency in cleared funds)
Notional Interest means the amount of interest applicable in relation to the person under the relevant provisions; and
Notional Interest means the amount equal to the aggregate of the interest deemed to have accrued on the initial notional loan for the period from the subscription date to the conversion and redemption date, calculated on a nominal annual compounded monthly basis, at a rate of 80% of the prime rate;
Notional Interest means the interest accrued on any amount recognized as payable by the employer but which will only become due and payable on the retirement of a member;

Related to Notional Interest

  • Class C Additional Interest is defined in Section 4.1(c).

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Fractional Interest As defined in Section 5.02(d).

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

  • Original Fractional Interest With respect to each of the following Classes of Class 1-B Certificates, the corresponding percentage described below, as of the Closing Date: Class 1-B-1 1.36% Class 1-B-2 0.80% Class 1-B-3 0.50% Class 1-B-4 0.30% Class 1-B-5 0.15% Class 1-B-6 0.00% Original Class 1-B Certificate Balance: $12,540,662.00. OTS: The Office of Thrift Supervision.

  • Original Class B-4 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-4 Fractional Interest is specified in Section 11.19.

  • Original Class B-5 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-5 Fractional Interest is specified in Section 11.20.

  • Current Class B-4 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-4 Fractional Interest.

  • Original Class B-1 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-2 Principal Balance, the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-1 Fractional Interest is specified in Section 11.16.

  • Original Class B-2 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-3 Principal Balance, the Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-2 Fractional Interest is specified in Section 11.17.

  • Original Class B-3 Fractional Interest As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class B-4 Principal Balance, the Original Class B-5 Principal Balance and the Original Class B-6 Principal Balance by the sum of the Original Class A Non-PO Principal Balance and the Original Class B Principal Balance. The Original Class B-3 Fractional Interest is specified in Section 11.18.

  • Current Class B-5 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the Principal Balance of the Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-5 Fractional Interest.

  • Current Class B-1 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-1 Fractional Interest.

  • Current Class B-2 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-3, Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-2 Fractional Interest.

  • Current Class B-3 Fractional Interest As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-3 Fractional Interest.

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

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

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

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

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Personal interest means a financial benefit or liability accruing to a School Board member or employee or to a member of the immediate family of the School Board member or employee. Such interest shall exist by reason of

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

  • Prospective International Interest means an interest that is intended to be created or provided for in an object as an international interest in the future, upon the occurrence of a stated event (which may include the debtor’s acquisition of an interest in the object), whether or not the occurrence of the event is certain;