Scheduled Interest Rate definition

Scheduled Interest Rate means the applicable rate of interest or, if the Reference Obligation is not in the form of debt, the rate used to calculate periodic distributions pursuant to the terms of the Reference Obligation as at the Trade Date, scheduled to be paid (or if the Reference Obligation is not in the form of debt, payable, assuming satisfaction of any condition to payment) under the terms of the Reference Obligation as at the Trade Date on the outstanding principal amount of the Reference Obligation. Such interest rate shall be the Scheduled Interest Rate even if interest is not required to be paid or is paid at a lower rate under the terms of the Reference Obligation from time to time if sufficient funds are not available, pursuant to an available funds cap or otherwise.
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Scheduled Interest Rate means, with respect to each Interest Period, the Floating Rate determined in respect of such Interest Period.
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Scheduled Interest Rate means the applicable rate of interest of the Reference Obligation.9. Notice and Account Details: Contact Details for Notices: Seller: Octagon Limitedc/o Maples Finance LimitedP.O. Box 1093 GT Queensgate House South Church Street George Town Grand Cayman Cayman IslandsTelephone: + 1 345 945 7099Fax: + 1 345 945 7100 Attention: The Directors Buyer:Dresdner Bank AG London Branch 30 Gresham StreetLondon EC2P 2XY Telephone: (+4969) 263 15101/10213Facsimile: (+4969) 263 18370 Attn: Swap SettlementsCopy: Structured Products Legal (for Credit Event Notices)Telephone: (+44 207) 623 8000Facsimile: (+44 207) 929 7958 Account Details:Account Details Buyer: Dresdner Bank AG Frankfurt favour Dresdner Bank AG London Branch Account No.: 499/08197210/11Account Details of Seller: Payment to: HSBC Bank plc, London (SWIFT MIDLGB22) Account No.: 87511933Reference: Attention CTLA Operations re Octagon Limited Series 2006-1Please confirm that the foregoing correctly sets forth the terms of our agreement by executing the copy of this Confirmation enclosed for that purpose and returning it to the attention of the aboveor by sending to us a letter substantially similar to this letter, which letter sets forth the material terms of the Transaction to which this Confirmation relates and indicates your agreement to those terms.Yours sincerely, Confirmed as of the date first written above: Dresdner Bank AG London Branch Octagon Limited Name: Name:Title: Title: Name:Title: GENERAL INFORMATION
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Examples of Scheduled Interest Rate in a sentence

  • Loan Modifications (Pertains only to loans modified for loss mitigation purposes) Numeric – Decimal 12000 9(10).99 Modified Loans Only >= 0 149 Pre-Modification Interest (Note) Rate Scheduled Interest Rate Of The Loan Immediately Preceding The Modification Effective Payment Date.

  • Scheduled Interest Rate “Scheduled Interest Rate” means the applicable rate of interest or, with respect to the Reference Obligation that is not in the form of debt, the rate used to calculate periodic distributions, scheduled to be paid under the terms of the Reference Obligation on the outstanding principal amount of the Reference Obligation.

  • Such interest rate shall be the Scheduled Interest Rate even if interest is not required to be paid under the terms of the Reference Obligation if sufficient funds are not available.

  • Investment property and corporate debt maturities for the next five years and thereafter are as follows:Weighted-Average Scheduled Interest Rate (%) at (Millions, except interest data) Amortization(1) Maturities Total(1) Dec.

  • Commercial property debt maturities for the next five years and thereafter are as follows: Weighted- Average Scheduled Interest Rate at(Millions)Amortization(1,2) Maturities Total(3)Mar.

  • The Company shall notify the Trustee of such Scheduled Interest Rate Increase in an Officers’ Certificate.

  • Scheduled Interest Rate: means the applicable rate of interest or, if the Reference Obligation is not in the form of debt, the rate used to calculate periodic distributions pursuant to the terms of the Reference Obligation scheduled to be paid (or if the Reference Obligation is not in the form of debt, payable, assuming satisfaction of any condition to payment) under the terms of the Reference Obligation on the outstanding principal amount of the Reference Obligation.

  • Such interest rate shall be the Scheduled Interest Rate even if interest is not required to be paid or is paid at a lower rate under the terms of the Reference Obligation because, pursuant to an available funds cap or otherwise, sufficient funds are not available.

  • Floating Rate Note Provisions: ApplicableHowever, the Floating Rate Note provision in Condition 6(c) ( Interest Rate on Floating Rate Notes) shall apply only for the purpose of calculating the scheduled interest rate (the "Scheduled Interest Rate") (and each reference in Condition 6(c) to "Interest Rate" is replaced by a reference to "Scheduled Interest Rate").

  • Commercial property debt maturities including assets held for sale for the next five years and thereafter are as follows: Weighted- Average Scheduled Interest Rate at(Millions)Amortization(1,2) Maturities Total(3)Sept.

Related to Scheduled Interest Rate

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • Capped Interest Rate is defined in the Note, if applicable.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Class D Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Lower-Tier Interest Rate As described in the Preliminary Statement.

  • Class E Interest Rate means 4.67% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Base Interest Rate means Bank's initial cost of funding the Fixed Obligations. The Prepayment Fee is calculated as follows: First, Bank determines a "Current Market Rate" based on what the Bank would receive if it loaned the remaining amount on the prepayment date in a wholesale funding market matching maturity, remaining principal and interest amounts and principal and interest payment dates (the aggregate payments received are the "Current Market Rate Amount"). Bank may select any wholesale funding market rate as the Current Market Rate. Second, Bank will take the prepayment amount and calculate the present value of each remaining principal and interest payment which, without prepayment, the Bank would have received during the term of the Fixed Obligations using the Base Interest Rate. The sum of the present value calculations is the "Xxxx to Market Amount." Third, the Bank will subtract the Current Market Rate Amount from the Xxxx to Market Amount. Any amount greater than zero is the Prepayment Fee.

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Class A-2a Interest Rate means [●]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Note Interest Rate means a per annum rate equal to 0.02% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its "prime rate." If a Citibank, N.A. prime rate is not available, the applicable prime rate shall be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid. "Contract Price" means the applicable price, expressed in $/MWh for Net Output and Capacity Rights stated in Section 5.1.

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.