Interest
Interest. At an annual rate equal to the Applicable Interest Rate in effect from time to time, computed on the basis of a 360-day year and calculated using the actual number of days elapsed since the Issue Date or the day on which Interest was most recently paid, as the case may be, and if not timely paid as provided herein, compounded quarterly on each Scheduled Interest Payment Date.
Found in
ENER1 INC contract
Interest. Means an amount equal to the six (6) month LIBOR rate for each six-month period as determined by the Escrow Agent with reference to The Wall Street Journal (Eastern Edition) or, if such rate cannot be determined by reference to The Wall Street Journal (Eastern Edition), then by reference to the telerate screen of Reuters' financial services for each 180-day period, and compounded on a quarterly basis.
Found in
MAGNA ENTERTAINMENT CORP contract
Interest. Shall mean all membership interests, units or any other additional rights the Target possesses in the LLC.
Found in
EMPYREAN BIOSCIENCE INC contract
Interest. Shall mean any direct or indirect ownership, equity, record or beneficial interest of any kind or nature of Pledgor in Company, including, without limitation, interests in Company's stock and Pledgor's rights, title and interest in, to and under the Shareholders Agreement, and any right, including without limitation any option, put, call or warrant and rights to vote and receive Distributions relating to such interest, and any and all rights to principal, interest and other sums due under any...
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Interest. Means interest on the Principal of this Note, which shall accrue at the rate of 6% per annum, compounded annually, or, following an Event of Default, at the rate of 12% per annum, compounded annually.
Found in
NEOMEDIA TECHNOLOGIES INC contract
Interest. The date from which interest shall accrue on the New Notes shall be October 22, 2024.
Found in
Cree Inc contract
Interest. Means any equity interest (as defined in section 101(16) of the Bankruptcy Code) in a Debtor, including all shares, units, common stock, preferred stock, membership interests, partnership interests, or other instruments evidencing any fixed or contingent ownership interest in any Debtor, whether or not transferable, and whether fully vested or vesting in the future, including any option, warrant, or other right, contractual or otherwise, to acquire any such interest in a...
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Found in
Pitney Bowes contract
Interest. Means the Initial Term Loan Interest and/or the Additional Term Loan Interest, as the context may require;
Interest. At an annual rate of ten percent (10%), computed on the basis of a 360-day year, compounded semi-annually and calculated using the actual number of days elapsed since the Issue Date or the day on which interest was most recently paid, as the case may be.
Found in
U S PLASTIC LUMBER CORP contract
Interest. Shall mean all interest amounts required to be paid by the Borrower pursuant to this Agreement.
Found in
WESTCORP contract