Examples of Simple Interest Receivable in a sentence
The Board resolved that no final dividend will be declared in respect of the year ended 31 December 2022.
The Servicer may at any time agree to a modification or amendment of a Receivable in order to (i) change the Obligor's regular due date to another date within the Collection Period in which such due date occurs, (ii) re-amortize the Scheduled Receivables Payments on the Receivable following a partial prepayment of principal or (iii) convert a Pre-Computed Receivable to a Simple Interest Receivable.
Liquidation Proceeds with respect to a Simple Interest Receivable attributable to accrued and unpaid interest thereon (but not including interest for the then current Collection Period) but only to the extent of any unreimbursed Simple Interest Advances; and (v) amounts constituting the Supplemental Servicing Fee.