Accreted Interest definition

Accreted Interest. Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

Accreted Interest means, with respect to Capital Appreciation Bonds and Convertible Capital Appreciation Bonds prior to the Conversion Date, the Accreted Value thereof minus the Denominational Amount thereof as of the date of calculation.

Accreted Interest. The accrued interest on a PIK Loan that is added to the principal amount of such PIK Loan instead of being paid as it accrues.

Examples of Accreted Interest in a sentence

• In the event the District purchases bond insurance for all or a portion of the Bonds, and to the extent that the Bond Insurer makes payment of the principal, interest or Accreted Interest on the Bonds, it shall become the owner of such Bonds with the right to payment of principal, interest or Accreted Interest on the Bonds, and shall be fully subrogated to all of the Owners’ rights, including the Owners’ rights to payment thereof.

• The Accreted Interest section will need to be completed for every CAB (Capital Appreciation Bond) as designated in the Debt Category.

• Author: Solomon Williams, Associate Director, Institutional Services.Statutory Authority: State Plan, Attachment 3.2-A and 3.5-A; 42 C.F.R. § 431.625; Social Security Act of 1988 (Public Law 100-360); Balanced Budget Act of 1997.History: Rule effective October 1, 1982.

• It is not a commercial organisation and is not able to compensate for any loss, beyond the amount of any consideration paid, which you may suffer if the GAC fails to provide an image to the standard required, or at the time required, or at all.

• In the event the District purchases bond insurance for all or a portion of the Bonds, and to the extent that the Bond Insurer makes payment of the principal, interest or Accreted Interest on the Bonds, it shall become the Owner of such Bonds with the right to payment of principal, interest or Accreted Interest on the Bonds, and shall be fully subrogated to all of the Owners’ rights, including the Owners’ rights to payment thereof.

More Definitions of Accreted Interest

Accreted Interest means accrued interest on a Deferred Interest Loan that is added to the principal amount of such Deferred Interest Loan instead of being paid as it accrues.

Accreted Interest means interest accrued on a Loan Asset that is added to the principal amount of such Loan Asset instead of being paid as interest as it accrues.

Accreted Interest means, with respect to the Capital Appreciation Bonds, the Accreted Value thereof minus the Denominational Amount thereof as of the date of calculation.

Accreted Interest means, for any Interest Period for any Series A Debenture as of any date of determination, (i) the Accreted Principal Amount of such Series A Debenture at the beginning of the Interest Period in which such date occurs, multiplied by (ii) the Applicable Yield for such Interest Period, multiplied by (iii) the quotient of the actual number of days elapsed from and including the first day of such Interest Period, to but excluding the date of determination divided by 360; provided that the Accreted Interest for any full Interest Period shall be calculated by reference to the actual number of days in such Interest Period divided by 360.

Accreted Interest means, with respect to any Capital Appreciation Bond, Accreted Value as of the date of its calculation, less the original principal amount of such Capital Appreciation Bond.

Accreted Interest means, for any Interest Period for any Security as of any date of determination, (i) the Accreted Principal Amount of such Security at the beginning of the Interest Period in which such date occurs, multiplied by (ii) the Applicable Yield for such Interest Period, multiplied by (iii) the quotient of the actual number of days elapsed from and including the first day of such Interest Period, to but excluding the date of determination divided by 360; provided that the Accreted Interest for any full Interest Period shall be calculated by reference to the actual number of days in such Interest Period divided by 360.

Accreted Interest means the accrued interest on a PIK Loan that is added to the principal amount of such PIK Loan instead of being paid as it accrues.