Outstanding Interest definition

Outstanding Interest means $151,398 of unpaid interest owed by B▇▇▇▇▇▇▇ to Lender in respect of advances under the Existing Credit Agreement immediately prior to giving effect to this Agreement.

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Outstanding Interest means the respective aggregate percentages of the outstanding shares of Class A Stock or Class B Stock beneficially owned (without regard to any rights Investor may have to acquire shares pursuant to Section 10.3) from time to time by Investor and its United States subsidiaries, including (for purposes of determining the outstanding shares of Class A Stock and Class B Stock) as Class A Stock any Equity convertible into or entitling the holder to acquire Class A Stock and as Class B Stock any Equity convertible into or entitling the holder to acquire Class B Stock (except by virtue of converting Class A Stock into Class B Stock), but excluding in each case stock options or other rights to acquire Class A Stock or Class B Stock granted under Stock Plans or under any stock option plan or any stock-based incentive compensation plan adopted in the future and Investor's rights described in Section 10.3 with respect thereto.

Outstanding Interest means $151,398 of unpaid interest owed by Borrower to Lender in respect of advances under the Existing Credit Agreement immediately prior to giving effect to this Agreement.

Examples of Outstanding Interest in a sentence

• Upon any such redemption, the Voting Share shall no longer constitute an Outstanding Interest.

• Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of the State of Nevada, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of Outstanding Interest payable on such date.

• If any provisions of this Note shall ever be construed to require the payment of any amount of Outstanding Interest in excess of that permitted by applicable law, then the Outstanding Interest to be paid pursuant to this Note shall be held subject to reduction to the amount allowed under applicable law and any sums paid in excess of the interest rate allowed by law shall be applied in reduction of the principal balance outstanding pursuant to this Note.

• In the event the Holder does not convert this Note within such ten (10) day period, then the Borrower shall have the option of prepaying any Outstanding Principal and Outstanding Interest, without premium or penalty.

• Subject to and in compliance with, the provisions contained herein, the Holder is entitled, at its option, at any time prior to the Maturity Date, to convert the Outstanding Principal of this Note plus all unpaid and accrued Outstanding Interest payable under this Note from the Issuance Date, into fully paid and nonassessable shares of Common Stock of the Borrower (the “Shares”).

More Definitions of Outstanding Interest

Outstanding Interest. As used herein, the term ------------------------------------ "Outstanding Interest" means:

Outstanding Interest has the meaning given in clause 3.3(a).

Outstanding Interest means: (i) the percentage of the outstanding Securities of the Company represented by the aggregate Securities held by Billiton and any Affiliate of Billiton upon Closing. For greater certainty, the Company and Billiton hereby agree and acknowledge that, on the Closing Date, Billiton's Outstanding Interest shall be eleven point six five percent (11.65%); (ii) subject to Section 6.4(d), in the event Billiton elects at any time not to acquire Securities after receiving a Notice from the Company pursuant to subsection (b) above, the percentage of outstanding Securities of the Company represented by the Securities held by Billiton immediately following the consummation of the issuance of Securities for which the Company had given Billiton a Notice and in which Billiton declined to participate; or -20- <PAGE> (iii) in the event Billiton or any Affiliate of Billiton sells, transfers or otherwise disposes of any Securities of the Company other than to Billiton or an Affiliate of Billiton, the percentage of the outstanding Securities of the Company represented by the Securities held by Billiton together with such Affiliates shall be reduced by the number of Securities sold or otherwise disposed of by Billiton and/or such Affiliates.

Outstanding Interest has the meaning set forth in Recital B.

Outstanding Interest means interest accumulated under the Bond Restructuring Agreement owing to the Creditor up to the date on which the Company obtains all of the Relevant Approvals. The Outstanding Interest as at the date of this announcement is equivalent to S$1,036,773.

Outstanding Interest means any interest due on the Old Obligation for the period September 27, 2000 through the Closing Date.

Outstanding Interest means interest incurred by a taxpayer during the relevant period and outstanding at commencement date;