Capitalised Interest definition

Capitalised Interest means, in relation to any Mortgage Loan at any date, interest which is overdue in respect of such Mortgage Loan and which as at such date has been added to the Capital Balance of such Mortgage Loan in accordance with the Mortgage Conditions or otherwise by arrangement with the relevant Borrower (excluding for the avoidance of doubt any Arrears of Interest which have not been so capitalised on such date);

Capitalised Interest means the increase in the Outstanding Principal Balance of a Flexible Loan that occurs as a result of the relevant Borrower having taken a Payment Holiday in respect of interest on that Flexible Loan, such increase to be in an amount equal to the Accrued Interest that was due but not paid; Capped Rate Loans means those Loans that are subject to a maximum rate of interest and where the interest rate payable by the Borrower is the lesser of the SVR or, as the case may be, the Tracker Rate and such specified maximum rate of interest; Carfax means Carfax Insurance Limited situated at The Albany, South Esplanade, St Xxxxx Port, Guernsey, Channel Islands; Cash means cash and/or amounts standing to the credit of a bank account, as the context shall require;

Capitalised Interest means, with respect to any Collection Period, the aggregate amount added to the Outstanding Principal Amount of Purchased Auto Loans (other than Defaulted Auto Loans) during that Collection Period and representing accrued interest otherwise falling due during any Payment Holiday and added to principal in accordance with the relevant Loan Contracts;

Examples of Capitalised Interest in a sentence

• Excludes expenditure on Colonisation Rs. 2,02.30 lakhs, World Food Programme Rs. 26.83 lakhs, Farm Development recoverable from Rajasthan Land Development Corporation Rs. 7,47.29 lakhs and Capitalised Interest Rs. 6,18.00 lakhs.

• If an Insolvency Event occurs in respect of the Seller, then the Seller may make payment to Funding in respect of any Extraordinary Payment Holiday Shortfall Amount and/or its share of the Capitalised Interest in the same manner as is contemplated in Clause 5.2, but it is not obliged to do so.

• Dividend paid Capitalised Interest Outstanding Instalment Balance Graph 2: Fixed interest when dividends paid are less than capitalised interest Note: these examples are for illustrative purposes only and do not reflect actual Dividends paid or which may be payable on any Underlying Security or actual Capitalised Interest amounts which may be payable on an Instalment Receipt.

• Both the PP&E Accounting Policy and the Capitalised Interest Policy are formally published on and communicated to management and employees via the Group’s intranet site.

• In consideration for the making of such payment and the payment by the Seller of any Extraordinary Payment Holiday Adjustment Amount pursuant to Clause 10.4 below, the Seller Share will increase by an amount equal to any Capitalised Interest arising during the immediately preceding Trust Calculation Period in respect of those Loans that are subject to Extraordinary Payment Holidays and the Seller Share Percentage shall be adjusted in accordance with Clause 8.

More Definitions of Capitalised Interest

Capitalised Interest means interest that is capitalised to the Outstanding Instalment Balance. See section 3.2.1 for more information.

Capitalised Interest. Insurance Assignment", "Mortgage" and "Transaction Documents" to read as follows: Capitalised Interest has the meaning given to it in the Second Global Amendment Deed. Insurance Assignment means the Original Insurance Assignment as amended by the Insurance Assignment Amendment and the Second Global Amendment Deed (and includes the same as further amended from time to time). Mortgage means the Original Mortgage as amended by the Mortgage Amendment and the relevant Further Mortgage Amendment (and includes the same as further amended from time to time as well as any replacement mortgage from time to time granted over the Vessel in favour of the Assignee, as the same may be amended from time to time). Transaction Documents has the meaning given to it in the Second Global Amendment Deed.. 2. Clause 1.1 of each BM Ventures English Share Charge shall be further amended by adding definitions of "Further Mortgage Amendment" and "Second Global Amendment Deed" to read as follows: Further Mortgage Amendment has the meaning given to it in the Second Global Amendment Deed. Second Global Amendment Deed means the global amendment deed dated 28 January 2021 made between the Chargee, the Company, the other Owners, BDL, Holdco and the Shareholder. 3. References in each BM Ventures English Share Charge to "this Deed", "hereunder", "herein", "hereof' and all like terms shall be read and construed to include references to that BM Ventures English Share Charge as amended, varied and supplemented by this Deed. 40 HFWSP\4896324-14 PORTIONS OF THIS EXHIBIT HAVE BEEN OMITTED BECAUSE SUCH PORTIONS ARE BOTH NOT MATERIAL AND CONTAINS PERSONAL INFORMATION. THE OMISSIONS HAVE BEEN INDICATED BY ASTERISKS (“[***]”).

Capitalised Interest means, for any Loan at any date, interest which is overdue in respect of that Loan and which as at that date has been added to the Capital Balance of that Loan in accordance with the Mortgage Conditions or otherwise by arrangement with the relevant Borrower (excluding for the avoidance of doubt any Arrears of Interest which have not been so capitalised on that date).

Capitalised Interest means interest that has accrued on the Convertible Loan Notes at the Interest Rate and that has been capitalised in accordance with Condition 4, and shall include compounded interest;

Capitalised Interest. – means any accrued and uncollected interest which has been added to the principal amount of a loan at a payment date or at maturity; capitalised interest also includes unpaid interest which is refinanced or rolled-over into a new loan. For purposes of this Determination, capitalisation of interest will not be permitted unless:

Capitalised Interest means, in relation to a Loan, the amount of interest that would have been paid on a Loan if not for the Borrower under that Loan taking a Payment Holiday or making an Underpayment; Back to Contents Cash means cash and/or amounts standing to the credit of a bank account, as the context shall require;

Capitalised Interest means an amount equal to the interest accrued on the Notes at the Capitalised Interest Rate.