Accrued Yield definition

Accrued Yield means an amount in respect of each $1,000 principal amount of Notes that, together with accrued and unpaid interest to be paid in a Special Redemption, will provide the Holder thereof with the Yield to Maturity on such Note, calculated on the basis of a 360-day year and payable for the actual number of days elapsed from the Issue Date.
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Accrued Yield means, as of any particular time, with reference to a Guaranteed Instrument issued on an interest-bearing basis, the amount of overdue or unpaid interest accrued up to such time and, with reference to a Guaranteed Instrument issued on a discount basis, an amount equal to the present value of the stated face amount of such instrument discounted to such time at a discount rate equal to the discount rate applied to calculate the subscription price for the instrument.
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Accrued Yield means, as of any date of determination within a Settlement Period, the sum of the Daily Yields for each day from and including the first day of the Settlement Period through and including such date.
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Examples of Accrued Yield in a sentence

  • Accrued Yield shall be due and payable on each applicable Payment Date and on the Maturity Date.

  • Construction Period Accrued Yield due to any Investor shall not be paid in cash but rather the respective Investor Amounts of each Investor shall be increased on each Scheduled Payment Date occurring prior to the Lease Commencement Date by the amount of Construction Period Accrued Yield due and payable to such Investor on such date.

  • If there shall be insufficient funds on deposit for the Agent to distribute funds in payment in full of the aforementioned amounts, the Agent shall distribute funds, first, in payment of the accrued Collection Agent Fee payable with respect to such Share, second, in payment of the Accrued Yield for such Share, third, in reduction of Capital of such Share, fourth, in payment of the accrued Miscellaneous Fees with respect to such Share, and Fifth, in payment of other amounts payable to such Owner.

  • On the Closing Date, the Buyer will have all the funds necessary in order to pay the Cash Consideration, the Accrued Yield Amount and the Outstanding Indebtedness Amount and to consummate the transactions contemplated hereby.

  • The aggregate Accrued Yield Amount payable to the holders of the Class B Common at the Closing is as set forth on Schedule 1.02.

  • Each Advance (excluding any Advance made solely to pay Construction Period Fees, Construction Period Accrued Interest, Construction Period Accrued Yield, Postponement Interest or Postponement Yield) shall be in a minimum amount equal to $10,000,000; provided, that so long as an Advance is for the full amount of the Aggregate Available Commitments or is the final Advance or is for Noneligible Accrued Amounts, such Advance need not be in such amount.

  • In the event that the Completion Date has not occurred on or prior to the Date of Determination, the Issuer shall redeem the Notes (the “Special Redemption”), on the date that is three Business Days after the Date of Determination (the “Special Redemption Date”), at a cash redemption price of 101% of the issue price of the Notes, plus accrued and unpaid interest and, without duplication, the Accrued Yield, if any, to the date of redemption.

  • Each Advance (excluding any Advance made solely to pay Construction Period Fees, Construction Period Accrued Interest or PARTICIPATION AGREEMENT Construction Period Accrued Yield and the purchase price of the Manufacturing Facility) shall be in a minimum amount equal to $5,000,000; provided, that so long as an Advance is for the full amount of the Aggregate Available Commitments, is the final Advance or is for Noneligible Accrued Amounts, such Advance need not be in such amount.

  • Interest in respect of Loans and Construction Period Accrued Yield due any Investor shall be paid in cash on each Scheduled Payment Date occurring prior to the end of the Construction Period from proceeds of the Loans and Investor Contributions.

  • Accordingly, the proceeds of each Investor Contribution made by an Investor shall be net of the amount of Construction Period Accrued Yield due to such Investor on such date and requested in such Advance.


More Definitions of Accrued Yield

Accrued Yield means an amount in respect of each $1,000 principal amount of Notes that, together with accrued and unpaid interest to be paid in a Special Redemption, will provide the holder thereof with the yield to maturity on such Note, calculated on the basis of a 360-day year and payable for the actual number of days elapsed from the Issue Date. “Yield to maturity” means the annual yield to maturity of the Notes, calculated based on market convention and as reflected in the pricing supplement for the offering of the Notes.
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Accrued Yield means, as of a specified date, the amount accruing on the shares of FAT Brands preferred stock on a daily basis, at the rate of 6.50% per annum on the Stock Earnout Payment Amount (after true-up), compounded annually on the last day of each fiscal year, commencing on the date on which issuance of such shares of FAT Brands preferred stock is required pursuant to this Agreement and ending on (and including) the date of conversion or redemption, as applicable.
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Accrued Yield means an amount in respect of each $1,000 principal amount of Notes, to be paid in a Special Mandatory Redemption pursuant to Section 3.10, that will provide the Holder thereof with the yield to maturity on such Note, calculated on the basis of a 360-day year and payable for the actual number of days elapsed from the Issue Date, and inclusive of any accrued and unpaid interest.
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Related to Accrued Yield

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • Accrued Amounts means:

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Accrued Rights shall have the meaning set forth in Section 4(a)(iv).

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Accrued Note Interest means, for a Class and a Payment Date, the sum of the Note Monthly Interest and the Note Interest Shortfall.

  • Accrued Day(s) Off means the paid day(s) off accruing to an employee resulting from an entitlement to the 38 hour week as prescribed in Clause 6. - Hours of this award.

  • Accrued Day Off means the paid day off accruing to an employee resulting from an entitlement to the 38 hour week as prescribed in Clause 6. - Hours of Duty, Overtime and On Call, in this award.

  • Accrued income means the sum of:

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Accrued Component Interest With respect to each Component for any Distribution Date, one month’s interest at the Class X Strip Rate applicable to such Component for such Distribution Date, accrued on the Component Notional Amount of such Component outstanding immediately prior to such Distribution Date. Accrued Component Interest shall be calculated on a 30/360 Basis and, with respect to any Component and any Distribution Date, shall be deemed to accrue during the calendar month preceding the month in which such Distribution Date occurs.

  • Accrual Yield means the rate specified as such in the applicable Final Terms; and

  • Accrued Class A Note Interest means, with respect to any Payment Date, the sum of the Class A Noteholders’ Monthly Accrued Interest for such Payment Date and the Class A Noteholders’ Interest Carryover Shortfall for such Payment Date.

  • Note Monthly Interest means, for a Class and a Payment Date, the aggregate amount of interest accrued on the Note Balance of the Class at the Note Interest Rate for the Class for the related Interest Period.

  • Accrued Class B Note Interest means, with respect to any Payment Date, the sum of the Class B Noteholders’ Monthly Accrued Interest for such Payment Date and the Class B Noteholders’ Interest Carryover Shortfall for such Payment Date.

  • Accrued Obligations are (i) Executive’s accrued but unpaid salary through the date of termination, (ii) any unreimbursed business expenses incurred by Executive payable in accordance with the Company’s standard expense reimbursement policies, and (iii) benefits owed to Executive under any qualified retirement plan or health and welfare benefit plan in which Executive was a participant in accordance with applicable law and the provisions of such plan.

  • Accrued Obligation means the sum of (x) the Executive's Annual Base Salary through the Date of Termination for periods through but not following his Separation From Service and (y) any accrued vacation pay earned by the Executive subject to any applicable Company policies on carryover of accrued vacation pay, and in each case, to the extent not theretofore paid.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Accrued Certificate Interest With respect to each Distribution Date, as to any Class or Subclass of Certificates (other than any Principal Only Certificates), interest accrued during the related Interest Accrual Period at the related Pass-Through Rate on the Certificate Principal Balance or Notional Amount thereof immediately prior to such Distribution Date. Accrued Certificate Interest will be calculated on the basis of a 360-day year, consisting of twelve 30-day months. In each case Accrued Certificate Interest on any Class or Subclass of Certificates will be reduced by the amount of:

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Portfolio Adjusted Yield means, with respect to any Monthly Period, the average of the percentages obtained for each of the three preceding Monthly Periods by subtracting the Base Rate for such Monthly Period from the Portfolio Yield for such Monthly Period.