Contractual Interest means a Secure Legal Interest which meets the description set out in limb (d) of the definitions of SLI (SO Accommodation) or SLI (Rented Accommodation);
Contractual Interest means the sum payable on an Instalment at the Interest Rate in accordance with the terms of the Contract.
Contractual Interest means a Secure Legal Interest which meets the description of either (as applicable):
Examples of Contractual Interest in a sentence
However, in no event will the total amount of interest on the Assessment, including statutory interest payable to Local Government and Contractual Interest payable to Lender under the Financing Documents, exceed the maximum amount or rate of nonusurious interest that may be contracted for, charged, or collected under Texas law (the “usury limit”).
The Assessment and Contractual Interest thereon are due and payable to Lender in installments (“Installments”), according to the payment schedule set forth in the Financing Documents attached hereto as Exhibit C.
If the total amount of interest payable to Local Government and Contractual Interest payable to Lender exceeds the usury limit, interest payable to Local Government will be reduced and any interest in excess of the usury limit will be credited to the amount payable to Local Government or refunded.
When the Assessment, Contractual Interest, any prepayment penalty, and any penalties, interest, fees, or costs due under or authorized by the PACE Act or the Financing Documents have been paid in full, Local Government’s rights under the Owner Contract will cease and terminate.
The Assessment and Contractual Interest thereon are due and payable to Lender in installments (“Installments”) according to the payment schedule set forth in the Financing Documents attached hereto as Exhibit B.
More Definitions of Contractual Interest
Contractual Interest means a Secure Legal Interest which meets the description of limb (d) of the definition of Secure Legal Interest; Data Controller has the meaning ascribed to it in the Data Protection Legislation; Data Protection Legislation means the UK GDPR, the Data Protection Act 2018 and any other relevant national Legislation implementing or supplementing the UK GDPR, and any formal guidance or Codes of Conduct issued by the Information Commissioner (or other Relevant Authority) in each case as amended, superseded or replaced from time to time; Data Subject has the meaning ascribed to it in the Data Protection Legislation; Decent Homes Standard means the Decent Homes Standard current at the Acceptance Date or Additional Project Acceptance Date (as applicable) of the relevant Named Project; Default Event has the meaning given to it in Condition 5.1; Delivery means the acquisition, development, conversion, refurbishment, repair and/or Rehabilitation (as applicable) of the Site and/or the Named Project (as the context requires) and Delivered shall be construed accordingly; Delivery Period means the period from the date of this Agreement until 31 March 2024 (or such later date as the GLA may in its absolute discretion determine); Differential Grant Amount is the difference between (1) the Named Project Grant sum in respect of a Named Project prior to a reduction pursuant to Condition 7.8.2 and (2) the Revised Named Project Grant Sum; Disposal means other than a Permitted Disposal, a transaction the effect of which is that the legal or beneficial title in any RHP Dwelling or property comprised in a Named Project in or on which any RHP Dwelling have been or are to be developed (as the case may be) transfers or becomes vested in or is leased to or reverts to another person; Disposal Notification means a written notification addressed to the GLA which identifies:
Contractual Interest means a legal interest which meets the description set out in limb (d) of the definition of Secure Legal Interest; CORE means the national information source "Continuous Recording" that records information on new occupiers of affordable housing and the properties they rent or buy; Data Controller has the meaning ascribed to it in the Data Protection Legislation; Data Protection Legislation means (i) Data Protection Act 2018 (the DPA) and the UK General Data Protection Regulation (GDPR) (created by the Data Protection, Privacy and Electronic Communications (EU Exit) Regulations 2019), (ii) any successor legislation to the GDPR or the DPA and (iii) all applicable Legislation relating to the processing of personal data and privacy; Data Subject has the meaning ascribed to it in the Data Protection Legislation; Default Event means any of a Scheme Default, a Specified Default, a Bid Default or a Fundamental Default; Delivery means the acquisition, development and/or conversion (as applicable) of the Site and/or the Firm Scheme and/or AHP Traveller Pitches (as the context requires) and Delivered and/or Delivering shall be construed accordingly; Development Costs means the costs relating to Site acquisition and/or Works in relation to a Firm Scheme incurred or to be incurred in respect of such Firm Scheme by the Grant Recipient in respect of the heads of expenditure set out in Part 2 to Schedule 2 (Development Costs) or such other heads of expenditure as Homes England may in its absolute discretion agree in respect of any Firm Scheme provided that any costs falling within the heads of expenditure set out in Part 2 (Costs which are not Development Costs) to Schedule 2 (Development Costs) shall not be capable of being treated as Development Costs; Direction means a direction to the Regulator in relation to rent given by the Secretary of State from time to time pursuant to Section 197 of the HRA 2008; Disposal means, other than a Permitted Disposal, a transaction the effect of which is that the legal or beneficial interest in any AHP Traveller Pitch or property comprised in a Firm Scheme on which any AHP Traveller Pitches have been or are to be developed (as the case may be) transfers to, becomes vested in, is leased to or reverts to another person; Disposal Notification means a written notification addressed to xxxxx_xxxxxxxxxxxxx@xxxxxxxxxxxx.xxx.xx by way of the relevant 'Historical Grant Notification Form' required by Homes England on the following website: xxxx...
Contractual Interest means the sum payable on an Instalment at the ‘Interest rate’ in accordance with the terms of the Contract
Contractual Interest means a rate equal to 8% over the base rate of The Bank of England from time to time. In the alternative, (in MAMs discretion) MAM will rely on the prevailing Late Payment of Commercial Debts Regulations. In either case, interest will run until payment of all debts or liabilities have been made, whether or not a Court judgement has been obtained.
Contractual Interest means 10% p.a., and shall be calculated on the basis of the number of days elapsed between and including December 20, 2007 and the Closing Date and divided by 360. Should the Closing Date be on or prior to December 20, 2007, the Contractual Interest shall be equal to zero.
Contractual Interest means interest at a rate of EURIBOR (six months) plus five percent (5%) calculated for the outstanding US$ amount of the Purchase Price for the period between the Closing Date and receipt of the full amount of the Purchase Price by Celanese in accordance with Section 6.2 of this Agreement, and which interest shall be calculated on the basis of actual days elapsed divided by 360 to be compounded semi-annually.
Contractual Interest means, in respect of any calendar quarters, interest at a rate of EURIBOR (six months) + 150 basis points as per the first Business Day of that calendar quarter in which the respective interest period starts, adjusted every new calendar quarter after such first Business Day to the then prevailing EURIBOR (six months), and ending on the day on which payment is received by the other party, and which interest shall be calculated on the basis of the number of days elapsed during such period divided by 360.