Promotional Interest definition

Promotional Interest means the right of DCT LLC to receive Promotional Distributions pursuant to this Agreement.
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Promotional Interest means single-tier interest of 1.00% p.a. enjoyed by MyDream Account / Promotional Profit Sharing Ratio of 20:80 means the sharing ratio for MyDream Account-i holders during the Campaign Period which indicative is 1.00%.
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Promotional Interest means an entitlement to the Manager of an interest in the Company as an additional Management Fee in the amounts specified in Section 14.13 of the Agreement.
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Examples of Promotional Interest in a sentence

  • A Promotional Interest Rate offer is an offer we may periodically make to you and that applies to your Credit Card after your Account has been opened.

  • If you are an Eligible Member and meet all other terms and conditions set out herein, during the Gathering Period you will receive interest at the Promotional Interest Rate on your Eligible New Funds in your Eligible Account.

  • For clarity, you will not qualify to receive the benefit of the Promotional Interest Rate on any funds you transfer into your Eligible Account from another account(s) you hold with the Credit Union that are not Eligible New Funds.

  • A loss of any Introductory Interest Rate or Promotional Interest Rate or increase to your annual interest rate(s) resulting from one or more missed payments, as described above, will take effect in the third statement period after the missed payment that caused the loss of your Introductory Interest Rate or Promotional Interest Rate or the increase to your annual interest rate(s).

  • If any expiry date falls on a date for which we do not process statements (for example, weekends and certain holidays), we will continue to provide you with the benefit of that Introductory Interest Rate or Promotional Interest Rate until our next statement processing day.

  • If you do not make your Minimum Payment by the Payment Due Date and you have not paid it by the date on which we prepare your next monthly statement (your New Statement Date), you will lose the benefit of any Introductory Interest Rate or Promotional Interest Rate offer in which you are participating and your standard interest rates will apply (subject to any further increase as described in the next paragraph).

  • Your monthly statement will set out any Introductory Interest Rate(s) or Promotional Interest Rate(s) that applies to your New Balance, any remaining balances associated with those rates, and when those rates expire.

  • If you do not make your Minimum Payment by the Payment Due Date and you have not paid it by your New Statement Date, you will lose the benefit of any Introductory Interest Rate or Promotional Interest Rate offer in which you are participating and your standard interest rates will apply (subject to any further increase as described in the section titled “Minimum Payments”).

  • We may make special offers to you from time to time, including Introductory Interest Rate and other Promotional Interest Rate offers that temporarily lower the interest rate applicable to portions of your balance, such as when you make certain types of Cash Advances.

  • Accounts which are suspended, terminated, cancelled or in the Bank’s opinion, are deemed to be delinquent or unsatisfactorily conducted during the Promotion Period shall not enjoy the Promotional Interest Rates.


More Definitions of Promotional Interest

Promotional Interest is that portion of the cash flows in excess of (1) the return of invested capital, (2) a preferred return of 9% and (3) a non-promoted pro-rata share of additional proceeds (as earned by any Westmount affiliate) in excess of the profits and distributions as described herein.
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Promotional Interest means B&B’s 30% interest in all distributions of Cash Flow from Operations, Sale or Refinancing Proceeds and all allocations of profits and losses for each Membership Class as set forth in Sections 6.1, 6.2, 6.3 and 6.4.
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Promotional Interest. With respect to an EOP Project, the aggregate cash distributions the Company has received or would be entitled to receive from the EOP Project Entity under SECTIONS 0 and 0, or, with respect to Company Projects, the aggregate cash the Company has received or is entitled to receive as distributions from the corresponding Project Entity (the "PROJECT RETURN") to the extent it exceeds the Project Return to which the Company would be entitled if the Project Return were based solely on the Company's pro-rata percentage of the equity contributed to the Project Entity.
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Promotional Interest means, with respect to an EOP Project, the aggregate cash distributions the Company has received or would be entitled to receive from the FS4 Project Entity or the Concar Owner under Sections 3.9.2.5.3 and 3.9.2.6.3 of the operating agreements for these entities.
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Promotional Interest means any overriding royalty interest, casing point carried working interest, back in after payout working interest, production payment or any other form of Leasehold Interest retained by Alcoxx xx the sale of a Prospect to a third party.
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Related to Promotional Interest

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

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

  • Legitimate educational interest means the need for a school official to review an education record in order to fulfill his or her professional responsibilities.

  • 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

  • International Interest has the meaning ascribed to the defined term “international interest” under the Cape Town Treaty.

  • 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;

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

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

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

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

  • Original Fractional Interest With respect to each of the following Classes of Subordinate Certificates, the corresponding percentage described below, as of the Closing Date: Class B-1 1.11% Class B-2 0.71% Class B-3 0.45% Class B-4 0.25% Class B-5 0.10% Class B-6 0.00% Original Subordinate Class Certificate Balance: $11,614,127.00.

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

  • Financial Interest means either:

  • 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.

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

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

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