Redemption of Interest Sample Clauses

Redemption of Interest. At the Closing, the Company will redeem from DTR, and DTR will assign, transfer and convey to the Company, the DTR Interest, pursuant to the terms and conditions hereof by delivery of an Assignment in the form attached herein as Exhibit B, and such other documentation as the Company may reasonably require.
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Redemption of Interest. Unity hereby transfers to Traffic Systems, and Traffic Systems hereby redeems from Unity, all of the Interest, free and clear of any liens, encumbrances, claims and rights of third parties.
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Redemption of Interest. At the Closing (defined below), UG shall sell, transfer and assign to TGH, and TGH shall purchase and redeem from UG, the Interest for:
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Redemption of Interest. On each Closing Date, immediately following the transaction contemplated by Section 1.2 hereof, Winthrop shall transfer to AIMCO (or its designee), in full, in the event that following such transfer all of the Partnership Interests will have been transferred to AIMCO, or partial, in the event that following such transfer all of the Partnership Interests will not have then been transferred, redemption of the Shares, all of the Partnership Interests for which Limited Partner Consent shall have been obtained and which have not then previously been transferred to AIMCO.
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Redemption of Interest. On each Closing Date, immediately following the transaction contemplated by Section 1.2 hereof, Winthrop shall transfer to NHP (or its designee), in full, in the event that following such transfer all of the Partnership Interests will have been transferred to NHP, or partial, in the event that following such transfer all of the Partnership Interests will not have then been transferred, redemption of NHP's interest in Winthrop, all of the Partnership Interests for which Limited Partner Consent shall have been obtained and which have not then previously been transferred to NHP.
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Redemption of Interest. The Interest shall be redeemed by the Company effective as of the close of business on September 9, 2002, (the "Effective Date"), all in accordance with the provisions set forth in this Agreement. The Withdrawing Member shall sell, assign, and transfer the entire Interest to the Company as of the close of business on the Effective Date.
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Related to Redemption of Interest

  • Calculation of interest The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable:

  • Limitation of Interest It is the intention of each Borrower and Lender to conform strictly to applicable usury laws. Accordingly, if the transactions contemplated hereby would be usurious under applicable law, then, in that event, notwithstanding anything to the contrary in any Loan Document, it is agreed as follows: (i) the aggregate of all consideration which constitutes interest under applicable law that is taken, reserved, contracted for, charged or received under any Loan Document or otherwise in connection with the Loan shall under no circumstances exceed the maximum amount of interest allowed by applicable law, and any excess shall be credited to principal by Lender (or if the Loan shall have been paid in full, refunded to any Borrower); and (ii) in the event that maturity of the Loan is accelerated by reason of an election by Lender resulting from any default hereunder or otherwise, or in the event of any required or permitted prepayment, then such consideration that constitutes interest may never include more than the maximum amount of interest allowed by applicable law, and any interest in excess of the maximum amount of interest allowed by applicable law, if any, provided for in the Loan Documents or otherwise shall be cancelled automatically as of the date of such acceleration or prepayment and, if theretofore prepaid, shall be credited to principal (or if the principal portion of the Loan and any other amounts not constituting interest shall have been paid in full, refunded to any Borrower.) In determining whether or not the interest paid or payable under any specific contingency exceeds the maximum amount allowed by applicable law, Lender shall, to the maximum extent permitted under applicable law (a) exclude voluntary prepayments and the effects thereof, and (b) amortize, prorate, allocate and spread, in equal parts, the total amount of interest throughout the entire contemplated term of the Loan so that the interest rate is uniform throughout the entire term of the Loan; provided, that if the Loan is paid and performed in full prior to the end of the full contemplated term hereof, and if the interest received for the actual period of existence thereof exceeds the maximum amount allowed by applicable law, Lender shall refund to any Borrower the amount of such excess, and in such event, Lender shall not be subject to any penalties provided by any laws for contracting for, charging or receiving interest in excess of the maximum amount allowed by applicable law.

  • Computation of Interest Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

  • Computation of Interest on Debt Securities Interest, if any, on the Debt Securities shall be computed on the basis of a 360-day year of twelve 30-day months, except as may otherwise be provided pursuant to Section 2.03.

  • Determination of Interest (a) The Administrative Agent shall determine the Interest (including unpaid Interest related thereto, if any, due and payable on a prior Payment Date) to be paid by the Borrower on each Payment Date for the related Accrual Period and shall advise the Collateral Agent, the Collateral Manager and the Borrower thereof on the third Business Day prior to such Payment Date.

  • Capitalization of Interest The Mortgage Note does not by its terms provide for the capitalization or forbearance of interest.

  • Redemption of Notes Section 10.01. Redemption...................................................................53 Section 10.02. Form of Redemption Notice....................................................54 Section 10.03. Notes Payable on Redemption Date.............................................54

  • Redemption of the Debentures SECTION 3.1. Tax Event and Regulatory Capital Event Redemption..................................................... 7 SECTION 3.2. Optional Redemption by Company................................. 8 SECTION 3.3.

  • Section 310 Computation of Interest Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

  • Redemption and Prepayment Section 3.01

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