Aggregate Interest Rate definition

Aggregate Interest Rate has the meaning specified in Section 2.07(a).
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Aggregate Interest Rate has the meaning assigned to that term in Section 2.4(a).
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Aggregate Interest Rate has the meaning specified in Section 2.07(a). “Agreement” has the meaning specified in the recital of parties to this Agreement. “Anti-Corruption Laws” shall mean all laws, rules, and regulations of any jurisdiction applicable to the Borrower or any of its Subsidiaries from time to time concerning or relating to bribery, corruption or money laundering including, without limitation, the United Kingdom Bribery Act of 2010 and the United States Foreign Corrupt Practices Act of 1977, as amended. “Anti-Money Laundering Laws” shall mean all laws, rules, and regulations of any jurisdiction applicable to the Borrower or any of its Subsidiaries from time to time 2 26203076.0000000000.8 ​ ​
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Examples of Aggregate Interest Rate in a sentence

  • The Issuer hereby covenants and agrees that, at any time LIBOR is greater than 6.0%, it shall obtain one or more Interest Rate Caps such that the Aggregate Interest Rate Caps Notional Amount equals or exceeds the Maximum Principal Amount.

  • Unless prohibited under applicable law, any accrued interest which is not paid within 3 calendar days of the date on which it is due and payable shall bear interest at the Aggregate Interest Rate until such time as payment therefore is actually paid to the holders of the Notes.

  • As such, we consider that there are effective internal control procedures.Furthermore, we have obtained and reviewed the internal correspondence records in relation to the internal approval of the Flexible Retail and F&B Resources Usage Agreement, and we noted that the Flexible Retail and F&B Resources Usage Agreement has been reviewed by the independent non- executive Directors to ensure the terms under the Flexible Retail and F&B Resources Usage Agreement are on normal commercial terms.

  • For the avoidance of doubt, the Capitalized PIK will accrue interest (x) in the case of All PIK Interest, at the All PIK Interest Rate, and (y) in all other cases, at the PIK Interest Rate and not the Aggregate Interest Rate.

  • For the avoidance of doubt, the Capitalized PIK will accrue interest (x) in the case of the Restricted Payment PIK Interest, at the Restricted Payment PIK Interest Rate, and (y) in all other cases, at the PIK Interest Rate and not the Aggregate Interest Rate.

  • From and after the occurrence and during the continuance of any Event of Default, each of the Cash Interest Rate and the PIK Interest Rate shall automatically be increased to 15.0% per annum, and the Aggregate Interest Rate shall be 30% per annum, or the highest amount permitted by law (the “ Default Rate”), shall compound monthly, and shall be due and payable on the first Trading Day of each calendar month during the continuance of such Event of Default (a “Default Interest Payment Date”).

  • After the occurrence and during the continuance of an Event of Default under Section 8.1(a), the Borrower shall pay, but only to the extent permitted by law, interest on the outstanding principal amount of the Notes and all other accrued but unpaid Obligations at a rate equal to the Aggregate Interest Rate plus 6.0% per annum (all of which shall increase the otherwise applicable Current Pay Interest) (the “Default Rate”).

  • Herr Gumbel ist zweifellos ein Mann, der mit einem seltenen Mute und seltener Hingabe für Gerechtigkeit und Verbesserung der zwischen-staatlichen Verhältnisse gekämpft hat53.

  • The Aggregate Interest Rate includes (i) interest of 2.5% per annum paid-in-kind (the “PIK Interest”) calculated on a monthly basis at the end of each month, and payable monthly in arrears, and (ii) interest of 12.5% per annum calculated on a monthly basis at the end of each month, and payable monthly in arrears (the “Monthly Interest”).

  • In addition to the Current Pay Interest, accrued interest at the rate of 3.75% per annum shall be added to the principal balance of the outstanding Notes on each Monthly Payment Date (the “PIK Interest,” and together with the Current Pay Interest, the “Aggregate Interest Rate”), and itself shall bear interest at the Aggregate Interest Rate.


More Definitions of Aggregate Interest Rate

Aggregate Interest Rate. The aggregate fixed, predefault interest rate on the Notes, namely, the sum of the Current Interest Rate and the Accrual Interest Rate (that is, twelve percent (12.0%) per annum).
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Related to Aggregate Interest Rate

  • 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.

  • Class E Interest Rate means 5.02% 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.

  • Certificate Interest Rate With respect to each Class of Certificates and any Distribution Date, the applicable per annum rate set forth or described in the Preliminary Statement hereto.

  • 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 Note Interest Rate means a rate per annum equal to 0.64000%.

  • Applicable Interest Rate means (i) with respect to any Fixed Rate Indebtedness, the fixed interest rate applicable to such Fixed Rate Indebtedness at the time in question, and (ii) with respect to any Floating Rate Indebtedness, either (x) the rate at which the interest rate applicable to such Floating Rate Indebtedness is actually capped (or fixed pursuant to an interest rate hedging device), at the time of calculation, if Borrower has entered into an interest rate cap agreement or other interest rate hedging device with respect thereto or (y) if Borrower has not entered into an interest rate cap agreement or other interest rate hedging device with respect to such Floating Rate Indebtedness, the greater of (A) the rate at which the interest rate applicable to such Floating Rate Indebtedness could be fixed for the remaining term of such Floating Rate Indebtedness, at the time of calculation, by Borrower’s entering into any unsecured interest rate hedging device either not requiring an upfront payment or if requiring an upfront payment, such upfront payment shall be amortized over the term of such device and included in the calculation of the interest rate (or, if such rate is incapable of being fixed by entering into an unsecured interest rate hedging device at the time of calculation, a fixed rate equivalent reasonably determined by Administrative Agent) or (B) the floating rate applicable to such Floating Rate Indebtedness at the time in question.

  • Class A-1 Interest Rate means 0.48000% 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 B Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Class A-2 Note Interest Rate means a rate per annum equal to %.

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

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

  • 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).

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Class C Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

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

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

  • Effective Interest Rate means the rate of interest per annum on the Loans in effect from time to time pursuant to the provisions of Section 3.1(a), (b) and (c).

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

  • Class A-2a Interest Rate means 0.45% per annum (computed on the basis of a 360-day year of twelve 30-day months).