Minimum Interest definition

Minimum Interest is defined in Section 2.3(d).
Minimum Interest means, as of the date of determination, ten percent (10%) of the outstanding Voting Securities.
Minimum Interest shall have the meaning specified in Section 2.4.1 hereof.

Examples of Minimum Interest in a sentence

  • Minimum Interest Charge If you are charged interest, the charge will be no less than $1.75.

  • Notwithstanding the foregoing, the interest rate hereon shall not be greater than the Maximum Interest Rate, if any, or less than the Minimum Interest Rate, if any, shown on the face hereof.

  • The Minimum Interest Payment schedule referenced in part (a) of Section 2.3. is hereby amended as follows: On the Remittance Date in October 2022, $550,000; On the Remittance Date in January 2023, $650,000; On the Remittance Date in April 2023, $725,000; and On the Remittance Date in July 2023 and for each third (3rd) Remittance Date thereafter, $800,000.

  • The Minimum Interest Payment schedule referenced in part (a) of Section 2.3. is hereby amended as follows: On the Remittance Date in July 2023 and for each third (3rd) Remittance Date thereafter, $375,000.

  • Minimum Interest Charge If you are charged interest, the charge will be no less than $0.50 on purchases and $3.00 on cash advances.


More Definitions of Minimum Interest

Minimum Interest means those amounts set forth in Schedule 11.3.
Minimum Interest means with respect to each Class of Certificates a number of Certificates equal to three hundred thirty-one million five hundred thirty-seven thousand four hundred fifteen (331,537,415) Certificates representing 331,537,415 certificated Shares, it being understood and agreed that the number of Certificates referred to here above shall be appropriately adjusted to give effect to any share dividend, split-up, subdivision or combination of shares or any recapitalization, reclassification, reorganization or similar transaction involving the Company or the AK.
Minimum Interest is defined in Section 2.7(c) of Schedule B.
Minimum Interest. As to any Person, (i) 50% of the voting securities ---------------- or (ii) 50% of each of (a) all of the general partnership or membership interests in such Person and (b) all of the partnership or membership interests in such Person.
Minimum Interest means an interest of 30 per cent or more of the issued share capital of the Company (or which carries 30 per cent or more of the aggregate Voting Rights in the Company from time to time);
Minimum Interest means Voting Securities representing voting power of not less 7.5% of the voting power of all then-outstanding Voting Securities (as determined if all outstanding Voting Securities were voting together).