Current Interest Clause Samples

Current Interest. The Company may in its discretion pay Current Interest on the General Account at a rate that exceeds the Minimum Guaranteed Rate shown on page 3. The Company will declare the rate of Current Interest, if any, from time to time.

Current Interest. On and after the Current Interest Payment Date, accrued and unpaid interest on the Principal shall be due and payable quarterly in arrears on each Quarterly Payment Date (including the Current Interest Payment Date); provided, if, on any Quarterly Payment Date occurring before June 30, 2005 but following the Current Interest Payment Date, the Interest Payment Test is not met and current interest cannot be paid on the Loans on such date, the Deferred Interest Period shall be reinstated until the next Quarterly Payment Date upon which the Interest Payment Test is met and interest can be paid on a current basis on the Loans (the “Deferred Interest Reinstatement Period”). Notwithstanding anything else herein to the contrary, accrued and unpaid interest on the Principal shall be due and payable quarterly in arrears on each Quarterly Payment Date beginning with June 30, 2005. In addition, all accrued and unpaid interest shall be due and payable upon the payment in full of the Principal.”

Current Interest. For a Distribution Date, the sum of the Class A Subclass Interest Amounts and Class M Subclass Interest Amounts. Current Pool Balance. For any date, the Pool Balance. Custodian. Citibank (West), fsb, is designated by the Trustee as the Custodian. Cut-Off Date. The Cut-Off Date is August 1, 2006. Daily Servicing Fee Accrual Amount. For each Mortgage Loan during each day during each Collection Period, an amount equal to (a) the product of (i) the Servicing Fee Rate and (ii) the Loan Balance of such Mortgage Loan as of such day, divided by (b) 360.

Current Interest. The Client shall pay the interest on the outstanding amount of the Credit until the Credit is fully repaid.

Current Interest. For a Distribution Date, the sum of the Class A Subclass Interest Amounts and Class M Subclass Interest Amounts. Current Pool Balance. For any date, the Pool Balance. Cut-Off Date. The Cut-Off Date is the beginning of business on June 1, 2007. Daily Servicing Fee Accrual Amount. For each Mortgage Loan during each day during each Collection Period, an amount equal to (a) the product of (i) the Servicing Fee Rate and (ii) the Loan Balance of such Mortgage Loan as of such day, divided by (b) 360.

Current Interest. The Term Loan shall bear interest (“Current Interest”) on the unpaid principal amount thereof from the Closing Date until the Term Loan is paid in full at the Current Interest Rate. Accrued but unpaid Current Interest shall be due and payable on the 15th day of each month, commencing February 15, 2007.

Current Interest. All Loans and the outstanding amount of all other Obligations shall bear interest, in the case of Loans, on the unpaid principal amount thereof from the date such Loans are made until paid in full, except as otherwise provided in SECTION 2.14(D), at a rate per annum equal to the sum of (x) the Eurodollar Rate determined for the applicable Interest Period PLUS (y) the Margin and, in the case of such other Obligations, from the date such other Obligations are due and payable until paid in full, at the Alternate Rate; PROVIDED, HOWEVER, if, for any reason, a Eurodollar Rate cannot be provided by the Lenders pursuant to SECTION 2.14(B) or 2.14

Current Interest. If the separate interest relates only to the Participant’s Account balances already earned, the Plan will pay the entire amount awarded in a single lump sum as soon as practicable after the Committee determines that the order is a QDRO and calculates the amount of the awarded benefit, unless the QDRO specifies another form and time for payment permitted under the Plan.

Current Interest. The debtor expressly agrees and accepts that the debt will accrue annual current interest, periodically adjustable, calculated on the outstanding principal, payable monthly in advance, from the date of the subscription of this document, according to the following scheme: 1) For the period from month 1 to month 12, the interest rate will be a fixed 6.40%. 2) For the period from month 13 to month 24, the interest rate will be a fixed 7.33%. 3) For the period from month 25 to month 300, the interest rate will be variable and adjustable, constituted by the CME TERM SOFR rate at a 3-month term plus 2.80