Account Interest definition

Account Interest means the interest income earned on any Project Account received by Borrower.
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Account Interest means all amounts that are payable from time to time by way of interest on or in respect of any Account;
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Account Interest means interest payable by DJFZ to the Customer on any credit balances comprising any Account Balance or interest payable by the Customer to DJFZ on any debit balances on any Account Balance, at such interest rate that DJFZ may specify from time to time.
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Examples of Account Interest in a sentence

  • Capital Account Interest (Check one) ☐ Interest, at the rates and times as determined by the Partners, will be paid on the capital account of any Partner.

  • Income Account Interest (Check one) ☐ Interest, at the rates and times as determined by the Partners, will be paid on the income account of any Partner.

  • All interest, if any, earned on the Replacement Reserve Deposits shall be added to and become part of the Replacement Reserve Account; provided, however, if applicable law requires, and so long as no Event of Default has occurred and is continuing under any of the Loan Documents, Lender shall pay to Borrower the interest earned on the Replacement Reserve Account not less frequently than the Replacement Reserve Account Interest Disbursement Frequency.

  • Type of Account Interest Crediting Interest Compounding HSA Checking Monthly Monthly BALANCE COMPUTATION METHOD – We use the daily balance method to calculate the interest on your account.

  • The Fixed Account Interest Rate will never be less than the Guaranteed Minimum Fixed Account Interest Rate shown on the Schedule Pages.

  • The Fixed Account Interest Rate for the first Contract Year is shown on the Schedule Pages.

  • The Fixed Account Interest Rate is set on the Contract Issue Date and on each Contract Anniversary.

  • All Account Interest or other earnings, if any, relating to the Project Accounts shall be reported to the Internal Revenue Service and, to the extent applicable, all state and local taxing authorities under the name and taxpayer identification number of the Borrower.

  • Proceeds from the Milestone Payments (and any Account Interest or other earnings earned on such proceeds) shall be deposited in the Milestone Payment Sub-Account.

  • Holding Account Interest Rate means the interest rate credited on any balance that is not paid and is based on the net yield being realized by Separate Investment Account G, a pooled separate investment account invested primarily in short-term interest bearing instruments.

Related to Account Interest

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Investment interest means investment interest as defined in section 163(d)(3) of the Internal Revenue Code.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Relevant Interest means the amount of shares issued by the Company (or its legal successors) in a percentage equal to or greater than twenty percent (20%) of the total shares issued by it;

  • Interest Reserve Account As defined in Section 3.4(d).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Uncertificated Accrued Interest With respect to each REMIC Regular Interest on each Distribution Date, an amount equal to one month’s interest at the related Uncertificated Pass-Through Rate on the related Uncertificated Principal Balance or related Uncertificated Notional Amount of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest will be reduced by any Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC Regular Interests as set forth in Section 1.02).

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Uncertificated Lower-Tier Interest A regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and is entitled to monthly distributions as provided in Section 5.02(a) hereof. Any of the Class 1-L Interest, Class 1-LS Interest, Class 2-L Interest, Class 2-LS Interest, Class 3-L Interest, Class 3-LS Interest, Class 4-L Interest and Class 4-LS Interest are Uncertificated Lower-Tier Interests.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Derivative Interest means any derivative securities (as defined under Rule 16a-1 under the Exchange Act) that increase in value as the value of the underlying equity increases, including, but not limited to, a long convertible security, a long call option and a short put option position, in each case, regardless of whether (x) such interest conveys any voting rights in such security, (y) such interest is required to be, or is capable of being, settled through delivery of such security or (z) transactions hedge the economic effect of such interest.

  • Excess Interest Amount means, on any date, the amount by which (i) the amount of all interest which would have accrued prior to such date on the principal of this Note, had the applicable Contract Rate at all times been in effect without limitation by the Maximum Rate, exceeds (ii) the aggregate amount of interest accrued on this Note on or prior to such date as limited by the Maximum Rate.

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.

  • Series Account means any deposit, securities, trust, escrow or similar account maintained for the benefit of the Investor Certificateholders of any Series or Class, as specified in any Supplement.