Market Interest definition
Examples of Market Interest in a sentence
It is, and on the Closing Date will be, a Foreign Issuer with no Substantial U.S. Market Interest with respect to any of its securities.
The Purchaser will indemnify and hold the Seller and/or the Seller’s Designees harmless from any loss or expense which the Seller and/or the Seller’s Designees may sustain by reason of any claim presented against the Seller and/or the Seller’s Designees as to the validity of the Purchaser’s title and authority to issue the common shares of the Purchaser to be issued to the Seller and/or Seller’s Designees pursuant to this Agreement.
It is, and on the Closing Date will be, a Foreign Issuer with no Substantial U.S. Market Interest with respect to any of its equity securities.
The Market Interest Rate shall be the rate of ten percent (10%) per annum for U.S. dollar denominated advances.
Any such funds advanced to or on behalf of Owner, or any such costs or expenses or incurred by A , Agent or any of their affiliates on behalf of Owner (individually "Advance", collectively "Advances"), shall bear interest at the Market Interest Rate, as defined hereafter, accruing from and after the date advanced, made or incurred, as applicable, until paid or reimbursed in full.