Original Interest definition

Original Interest. A Original contractual interest rate for Rate loan. Negative A Code/literal to identify loans where Text Amortization Flag negative amortization is allowed. Example: Y=neg am allowed, N=no neg am allowed. Negam Percent Cap A Maximum percentage of original balance Number that a loan may negatively amortize by. Example: 1.25, 1,10. Servicing Fee A Servicing Fee rate due servicer. Example: Number 0.25%. Property Type A Code/literal that identifies the type of Text property securing the loan. See Enumerations worksheet. Property Address A Property address, not billing address. Text Property City A Property city. Text Property State A Property state. Text Property Zip A Property zip. Number Borrower Name A Name of borrower. Preferably in a fixed Text format. Example: SMITH JOHN W. CoBorrower Xxxx X Xxxx xx Xx xxxxxxxx. Preferably in a Text fixed format. Example: SMITH JOHN W. Borrower Soxxxx X Xxxxxx xxxxxxxxx XX. Example: 111-22- Number Security 3333. Number/TIN CoBorrower Social A Eleven character ID. Example: 111-22- Number Security 3333. Number/TIN Original FICO score A Credit bureau score obtained at Number application.
Sample 1Sample 2Sample 3
Original Interest. A Original contractual interest rate for Rate loan. Negative A Code/literal to identify loans where Text Amortization Flag negative amortization is allowed. Example: Y=neg am allowed, N=no neg am allowed. Negam Percent Cap A Maximum percentage of original balance Number that a loan may negatively amortize by. Example: 1.25, 1,10. Servicing Fee A Servicing Fee rate due servicer. Number Example: 0.25%. Property Type A Code/literal that identifies the type Text of property securing the loan. See Enumerations worksheet. Property Address A Property address, not billing address. Text Property City A Property city. Text Property State A Property state. Text Property Zip A Property zip. Number Borrower Name A Name of borrower. Preferably in a Text fixed format. Example: SMITH JOHN W. CoBorrower Name A Name of Co borrower. Prefxxxxxx xx a Text fixed format. Example: SMITH JOHN W. Original FICO score A Credit bureau score obtainex xx Number application.
Sample 1
Original Interest means a superannuation interest of a Member in the Fund to which Part VIIIB of the Family Law Act 1975 applies.
Sample 1

Examples of Original Interest in a sentence

  • The balance of principal outstanding from time to time under this Note shall bear interest at the rate of seven and sixty-three one- hundredths percent (7.63%) per annum (the "Original Interest Rate"), computed on the basis of a three hundred sixty (360) day year for the actual number of days elapsed.

  • The Company promises to pay interest on the principal amount hereof at the Interest Rate per annum shown above from the Original Interest Accrual Date specified above, or from the most recent Interest Payment Date to which interest has been paid, semiannually in arrears, on the Interest Payment Dates specified above, in each year, commencing with the Interest Payment Date next succeeding the Original Interest Accrual Date specified above, until the principal hereof is paid or duly provided for.

  • This Note shall bear interest from the Original Interest Accrual Date listed on the first page of this Note.

  • Interest, if any, on each Book-Entry Note will accrue from the Original Interest Accrual Date for the first interest period or the last date to which interest has been paid, if any, for each subsequent interest period, on the Global Security representing such Book-Entry Note, and will be calculated and paid in the manner described in such Book-Entry Note and in the Prospectus (as defined in the Agency Agreement).

  • In no event shall (1) the interest rate for the Notes be reduced to below the Original Interest Rate or (2) the total increase in the interest rate on the Notes exceed 2.00% above the Original Interest Rate.

  • Each fixed rate Note will bear interest from its Original Interest Date (or such other date as is specified in the applicable Pricing Supplement) at the annual interest rate or rates specified in the applicable Pricing Supplement.

  • If both Moody’s and S&P cease to provide a rating of the Notes, the interest rate on the Notes shall increase to, or remain at, as the case may be, 2.00% above the Original Interest Rate.

  • In no event shall (1) the interest rate on the Notes be reduced below the Original Interest Rate and (2) the total increase in the interest rate on the Notes exceed 2.000% above the Original Interest Rate.

  • If all of Moody’s, S&P and Fitch cease to provide a rating, the interest rate on the Notes shall increase to or remain at, as the case may be, 2.000% above the Original Interest Rate, until any of Moody’s, S&P or Fitch subsequently provides a rating.

  • If any of Moody’s, S&P or Fitch subsequently increases its rating, the interest rate on the Notes shall be decreased such that the interest rate equals the Original Interest Rate plus the percentages applicable to the lowest two ratings levels of Moody’s, S&P or Fitch in effect immediately following the increase.


More Definitions of Original Interest

Original Interest is defined in Section 1.1(a).
Sample 1

Related to Original Interest

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Original Fractional Interest With respect to each of the following Classes of Subordinate Certificates, the corresponding percentage described below, as of the Closing Date: Class B-1 1.11% Class B-2 0.71% Class B-3 0.45% Class B-4 0.25% Class B-5 0.10% Class B-6 0.00% Original Subordinate Class Certificate Balance: $11,614,127.00.

  • Class C Additional Interest is defined in Section 4.1(c).

  • Additional Interest shall have the meaning set forth in Section 2(e) hereof.

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

  • Fractional Interest As defined in Section 5.02(d).

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

  • Personal interest means a financial benefit or liability accruing to a School Board member or employee or to a member of the immediate family of the School Board member or employee. Such interest shall exist by reason of

  • Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.

  • Initial Interest Rate means, as of any date of determination, (a) with respect to each A Note, the Initial Note A Interest Rate and (b) with respect to each B Note, the Initial Note B Interest Rate.

  • International Interest has the meaning ascribed to the defined term “international interest” under the Cape Town Treaty.

  • Financial Interest means either:

  • Shelf Additional Interest Date shall have the meaning set forth in Section 2(d) hereof.

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • registered interest means an international interest, a registrable non-consensual right or interest or a national interest specified in a notice of a national interest registered pursuant to Chapter V;