Interest Cost definition

Interest Cost has the meaning given to it in the definition of “Debt Service Amount”.
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Interest Cost means the total amount of interest to accrue on obligations (including compounded interest) from the date of calculation to their respective maturities. In all cases Interest Cost shall be computed without regard to any option of redemption prior to the designated maturity dates of the obligations, but shall assume the payment of principal due as a result of mandatory sinking fund redemption (i.e., scheduled mandatory principal payments), which mandatory sinking fund redemption dates shall be deemed a maturity of the stated mandatory sinking fund redemption amount for purposes of this definition. For any obligation without a schedule of mandatory principal redemption (e.g., a “cash flow bond”), for purposes of this definition, 100% of the then-outstanding principal of that obligation shall be assumed to mature at the stated maturity date, and no interest shall be assumed to be paid prior to such stated maturity date (rather, interest shall assume to accrue and compound to such stated maturity date in accordance with the applicable documents authorizing such obligation).
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Interest Cost means the amount of interest charged on the actual cost of capital, not to exceed 10%
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Examples of Interest Cost in a sentence

  • Maxent has been successfully applied in situations where absence data was not available (Elith et al., 2011, 2006), and was widely used when working with combined data collected with different methodologies, as done in the present study.

  • GASB Statement No. 89, Accounting for Interest Cost Incurred Before the End of the Construction Period This Statement addresses interest costs incurred before the end of a construction period be recognized as an expense in the period in which the cost is incurred for financial statements prepared using the economic resources measurement focus.

  • In June 2018, the GASB issued GASB Statement No. 89, Accounting for Interest Cost Incurred Before the End of a Construction Period.

  • Foreign exchange gain/loss to the extent considered as an adjustment to Interest Cost are considered as part of borrowing cost.

  • Due to the implementation of GASB Statement No. 95, the effective dates of certain provisions contained in these pronouncements are postponed until the fiscal year ended June 30, 2022: • Statement No. 87, Leases• Implementation Guide No. 2019-3, Leases• Statement No. 89, Accounting for Interest Cost Incurred before the End of a Construction Period• Statement No. 92, Omnibus 2020• Statement No. 93, Replacement of Interbank Offered Rates B.

  • In June 2018, the GASB issued Statement No. 89, Accounting for Interest Cost Incurred Before the End of a Construction Period.

  • In June 2018, GASB issued Statement No. 89, Accounting for Interest Cost Incurred before the End of a Construction Period.

  • AWARD The Bonds will be awarded to the bidder offering the lowest interest rate to be determined on a True Interest Cost (TIC) basis.

  • In June 2018, the GASB issued Statement No. 89, “Accounting for Interest Cost Incurred before the End of a Construction Period”.

  • In June 2018, the Governmental Accounting Standards Board (GASB) issued Statement No. 89 “Accounting for Interest Cost Incurred before the End of a Construction Period”.


More Definitions of Interest Cost

Interest Cost means the index published on or nearest to December 31st of the previous Fiscal Year provided as the Bond Buyer Top 25 Bond Revenue Index and any successor index thereto but if such index is no longer published and there is no recognized successor thereto, the interest rate determined by any underwriting firm or financial advisor nationally recognized as having expertise in financing governmentally owned airport facilities that would represent the costs of borrowing for the Airport as of the week of December 31st of the prior Fiscal Year.
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Interest Cost. = (Land Cost x Interest Rate / 365) x Holding Period.
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Interest Cost means all interest charges relating to indebtedness of the Company as of the Closing Date plus interest charges relating to indebtedness incurred for the purchase of Eligible Inventory subsequent to the Closing Date, plus interest charges relating to indebtedness on Eligible Inventory of Kellxxxxx Xxxmercial Aircraft Division which becomes Eligible Inventory following the Closing Date pursuant to the definition of Eligible Inventory, valued at the then book value of such Eligible Inventory. Interest Cost shall not include interest charges on debt incurred by Kellxxxxx xx pay the Purchase Price for the Acquisition, but shall include interest charges on indebtedness of the Company as of the Closing Date, whether or not repaid by Kellxxxxx. Xxterest charges shall be calculated at the interest rate charged to Kellxxxxx xxxm time to time by Barnxxx Xxxk N.A. (or such other financial institution as shall then be Kellxxxxx'x xxxior lender).
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Interest Cost means, for any Interest Accrual Period, the product of (i) LIBOR for such period PLUS the Spread, (ii) the Aggregate Forward Amount as of the end of such period, (iii) the actual number of days elapsed in such Interest Accrual Period and (iv) 1/360.
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Interest Cost means, for any period, all interest and all amortization of debt discounted and expense on any particular Indebtedness (including, without limitation, payment in kind, zero coupon and other like securities) for which such calculations are being made. Computations of Interest Cost on a pro forma basis for Indebtedness having a variable interest rate shall be calculated at the rate in effect on the date of any determination.
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Related to Interest Cost

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Amortized Value means, when used with respect to an Investment Security purchased at a premium above or at a discount below par, the value as of any given date obtained by dividing the total amount of the premium or the discount at which such Investment Security was purchased by the number of days remaining to the first call date (if callable) or the maturity date (if not callable) of such Investment Securities at the time of such purchase and by multiplying the amount so calculated by the number of days having passed from the date of such purchase; and (a) in the case of an Investment Security purchased at a premium, by deducting the product thus obtained from the purchase price and (b) in the case of an Investment Security purchased at a discount, by adding the product thus obtained to the purchase price.

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • Interest Coverage Ratio means, as of the end of each fiscal quarter, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the then-most recently concluded period of four consecutive fiscal quarters.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result