Default Amounts definition

Default Amounts means, at any time:
Default Amounts include, without limitation, (i) late charges, (ii) the excess of any interest that accrued at a default rate over the interest that would have accrued if Lender had not imposed the default rate, (iii) any prepayment penalty, and (iv) any interest that accrued on any of the amounts described in clauses (i) through (iii) of this sentence.
Default Amounts. All amounts that were added to the balance of the --------------- Secured Obligation by reason of the Loan Default, whether those amounts have been paid or remain unpaid. "Default Amounts" include, without limitation, (i) late charges, (ii) the excess of any interest that accrued at a default rate over the interest that would have accrued if Lender had not imposed the default rate, (iii) any prepayment penalty, and (iv) any interest that accrued on any of the amounts described in clauses (i) through (iii) of this sentence.

Examples of Default Amounts in a sentence

  • As amounts on Default Amounts are received by the ISO, the oldest outstanding ISO Charges will be settled first in the order of the creation of such debts.

  • As amounts on Transmission Default Amounts are received by the ISO, the oldest outstanding Transmission Charges will be settled first in the order of the creation of such debts.

  • Responsible Utilities shall pay interest on Default Amounts to the ISO at the interest rate specified in the RMR Contract for the period from the relevant Payment Date to the date on which the payment is received by the ISO.RMR Owners shall pay interest to the ISO on Default Amounts at the interest rate specified in the RMR Contract for the period from the date on which payment was due to the date on which the payment is received by the ISO.

  • Sum of Allocation Percentage Numerators for all outstanding Series with respect to13,943,423,293.71Finance Charge Collections and Default Amounts e.

  • Principal Deficiency Ledgers A Principal Deficiency Ledger will be established for each Class ofNotes (other than the Class X Notes) to record Default Amounts arising in the immediately preceding Collection Period in respect of the Purchased Loan Receivables and/or the application of Available Principal Proceeds to pay any Remaining Senior Interest Deficiency on a Note Payment Date.


More Definitions of Default Amounts

Default Amounts means any additional interest payable in respect of the Notes or other Obligations as a result of the applications of the Default Rate pursuant to Section 8.2(c).
Default Amounts means, with respect to any Defaulted Account, the amount of Principal Receivables (other than Ineligible Receivables) in such Defaulted Account on the day such Account became a Defaulted Account and the words "DEFAULT AMOUNT" shall be construed accordingly;
Default Amounts means all amounts paid by Tenant or otherwise realized by Landlord as a result of the exercise of Landlord’s remedies during the continuance of an Event of Default under the Lease.
Default Amounts with respect to a Property shall mean all amounts received by Seller in respect of such Property as a result of the exercise of remedies under Section 21 of the Lease or otherwise during the continuance of an Event of Default under the Lease.
Default Amounts. Means Billings billed during the relevant Financial Year which are outstanding at the end of that Financial Year and which, as at the end of that Financial Year, have remained unpaid for at least [90] days from the date of invoice; provided that in the case of each Financial Year after the first Financial Year, Default Amounts shall also include any Billings billed during the previous Financial Year where the date of invoice is less than [90] days prior to the end of such previous Financial Year and which Billings remain unpaid as at the end of the succeeding Financial Year. Default Amounts shall be calculated on the basis of the relevant Audited Accounts.
Default Amounts. Means Xxxxxxxx billed during the relevant Financial Year which are outstanding at the end of that Financial Year and which, as at the end of that Financial Year, have remained unpaid for at least [90] days from the date of invoice; provided that in the case of each Financial Year after the first Financial Year, Default Amounts shall also include any Xxxxxxxx billed during the previous Financial Year where the date of invoice is less than [90] days prior to the end of such previous Financial Year and which Xxxxxxxx remain unpaid as at the end of the succeeding Financial Year. Default Amounts shall be calculated on the basis of the relevant Audited Accounts.
Default Amounts means all amounts paid by Tenant or otherwise realized by Landlord as a result of the exercise of Landlord's remedies during the continuance of an Event of Default under the Lease. Default Rate. "Default Rate" shall mean the per annum rate equal to the sum of two hundred basis points plus (a) in the case of any payment of Base Rent on any Portion of the Lease Investment Balance after an Event of Default, the Landlord Contribution Rate or the Rent Purchasers Contribution Rate applicable to such Portion immediately prior to such Event of Default, or (b) in the case of any other payment, the Base Rate. Distribution Formula. "Distribution Formula" shall have the meaning set forth in Section 16.4 of the Lease. EBITDA. "EBITDA" shall mean, with respect to Tenant for any period, the sum, determined on a consolidated basis in accordance with GAAP, of the following: