Relevant Interest Amount definition

Relevant Interest Amount means, in respect of an Interest Period, the related Interest Payment Date and each Note equal to the Calculation Amount, an amount determined by the Calculation Agent by reference to the following formula:
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Relevant Interest Amount means, in relation to a Tranche of Notes (where applicable), any Interest Amount due under the Notes in that Tranche in respect of any Interest Period;
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Relevant Interest Amount means an amount determined by reference to the following: (c) [for the interest determination dates and Barrier Intervals for which “Bullet Interest” is specified as the Relevant Interest Amount in the Table below, an amount determined by reference to the following formula:CA x Specified Ratem] (d) [for the interest determination dates and Barrier Intervals for which “Memory Interest” is specified as the Relevant Interest Amount in the Table below, an amount determined by reference to the following formula [(which shall not be less than zero)]:[CA x t x Specified Ratem] – Paid Interestm Where:
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Examples of Relevant Interest Amount in a sentence

  • Payment of the Relevant Interest Amount to the Interest Trust Account will discharge the payment obligations of the Company under sub-paragraphs (1) and (2) above in respect of the Relevant Interest Amount.

  • Payment of the Relevant Interest Amount to the Interest Trust Account will discharge the payment obligations of the Company under paragraphs 4 and 5 above in respect of the Relevant Interest Amount.

  • Autocall Interest Note Provisions:Applicable: Interest Payout Condition 3.3 (Autocall Interest Amount) applies.• Relevant Interest Amount: Memory Interest: Applicable • Nth Performance: Not Applicable • Specified Rate: 5.60% • Interest Barrier: 100% • Interest Payment Date(s): The Interest Payment Dates shall be as specified in item27.

  • Payment of the Relevant Interest Amount to the Interest Trust Account will discharge the payment obligations of the Company under paragraphs (a) and (b) above in respect of the Relevant Interest Amount.

  • Payment of the Relevant Interest Amount to the Interest Trust Account will discharge the payment obligations of the Company under paragraphs 5 and 6 above in respect of the Relevant Interest Amount.

  • Autocall Interest Note Provisions:Applicable: Interest Payout Condition 3.3 (Autocall Interest Amount) applies.• Relevant Interest Amount: Memory Interest: Applicable • Nth Performance: Not Applicable • Specified Rate: INDICATIVELY 12.00% (to be determined no later than on the Issue Date, subject to a minimum of 11.5 per cent.) • Interest Barrier: 100% • Interest Payment Date(s): The Interest Payment Dates shall be as specified in item27.

  • Autocall Interest Amount: Applicable: Interest Payout Condition 3.3 ( AutocallInterest Amount) applies - Relevant Interest Amount: Memory Interest: Applicable - Nth Performance: Applicable, where N = second highest - Specified Rate: INDICATIVELY 5.00% (to be determined by the Issuerno later than on the Issue Date, subject to a minimum of 4.00%) - Interest Barrier: 100% - Interest Payment Date(s): The Interest Payment Dates shall be as specified in item25 (iii) below.

  • If there are less than 5 participants, the individual guest pricing should be followed.

  • Payment of the Relevant Interest Amount to the Interest Trust Account will discharge the payment obligations of the Company under paragraphs (i) and (ii) above in respect of the Relevant Interest Amount.


More Definitions of Relevant Interest Amount

Relevant Interest Amount means, where the relevant date is not the same as the date of conviction for the relevant offence, the amount of interest for the period commencing on the relevant date and ending on the date of conviction on the amount calculated under paragraph (a) of the definition of "residual employer financed component" using the Treasury bond rate for the last working day of the previous financial year;
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Related to Relevant Interest Amount

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • Relevant Interest means the amount of shares issued by the Company (or its legal successors) in a percentage equal to or greater than twenty percent (20%) of the total shares issued by it;

  • Daily Interest Amount means an amount calculated by multiplying the Daily Loan Balance of a Loan by the associated Daily Interest Rate on that Loan.

  • Advance Interest Amount means interest payable on Advances, as specified in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

  • Accrued Interest Amount For any Distribution Date and for any Undercollateralized Group, an amount equal to one month’s interest on the applicable Principal Deficiency Amount at the Net WAC of the applicable Loan Group, plus any interest accrued on such Undercollateralized Group remaining unpaid from prior Distribution Dates.

  • Excess Interest Amount means, on any date, the amount by which (i) the amount of all interest which would have accrued prior to such date on the principal of this Note, had the applicable Contract Rate at all times been in effect without limitation by the Maximum Rate, exceeds (ii) the aggregate amount of interest accrued on this Note on or prior to such date as limited by the Maximum Rate.

  • Unpaid Interest Amount As of any Distribution Date and any Class of Certificates, the sum of (a) the portion of the Accrued Certificate Interest Distribution Amount from Distribution Dates prior to the current Distribution Date remaining unpaid immediately prior to the current Distribution Date and (b) interest on the amount in clause (a) above at the applicable Pass-Through Rate (to the extent permitted by applicable law).

  • Actual Interest Amount is defined in Section 3.1(b)(vii) of this Agreement.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Class Interest Distribution Amount As to each RCR Class and each Distribution Date, an amount equal to interest accrued during the related Interest Accrual Period (computed on the basis of a 360-day year consisting of twelve 30-day months) at the applicable Interest Rate on the Class Balance thereof immediately prior to such Distribution Date.

  • PIK Interest Amount means, in respect of any Interest Payment Date, the amount of interest accrued during an Interest Period calculated based on the PIK Interest Rate applicable during such Interest Period.

  • Collateral Interest Amount As of any date of determination, without duplication, the aggregate amount of Interest Proceeds that has been received or that is expected to be received (other than Interest Proceeds expected to be received from Defaulted Obligations, but including Interest Proceeds actually received from Defaulted Obligations), in each case during the Collection Period in which such date of determination occurs (or after such Collection Period but on or prior to the related Payment Date if such Interest Proceeds would be treated as Interest Proceeds with respect to such Collection Period).

  • 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.

  • Overfunded Interest Amount With respect to any Subsequent Transfer Date, the excess of (A) the amount on deposit in the Capitalized Interest Account on such date over (B) the excess of (i) the amount of interest accruing at the sum of the (a) assumed weighted average Pass-Through Rate of the Offered Certificates and (b) the Applicable Rate on the Prefunded Amount outstanding at the end of the related Collection Period for the total number of days remaining through the end of the Accrual Periods ending April 25, 2004, May 24, 2004 and June 24, 2004 over (ii) one month of investment earnings on the amount on deposit in the Capitalized Interest Account on such date at an annual rate of 0.75%. The assumed weighted average Pass-Through Rate will be calculated assuming the Certificate Index is 1.09% for any Subsequent Transfer Date prior to the April 2004 Distribution Date, 1.34% for any Subsequent Transfer Date prior to the May 2004 Distribution Date and 1.59% for any Subsequent Transfer Date prior to the June 2004 Distribution Date.

  • Class C Current Interest As of any Distribution Date, the interest accrued during the related Accrual Period at the Class C Distributable Interest Rate on a notional amount equal to the aggregate principal balance of the Lower Tier REMIC Regular Interests immediately prior to such Distribution Date, plus the interest portion of any previous distributions on such Class that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class C Certificates.

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Class A Interest Distribution Amount means, as to each Class of Class A Certificates and any Remittance Date, the sum of the amounts specified in clause (a)(i), (a)(ii), (a)(iii), (a)(iv), (a)(v) and (a)(vi), as appropriate, of the definition of the term "Class A Formula Distribution Amount" and the Unpaid Class A Interest Shortfall, if any, with respect to such Class.

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.