Compounded Amounts definition
Compounded Amounts means the principal amount of the Capital Appreciation Bonds plus the amount of interest that has accreted on such Bonds, compounded semiannually, to the date of calculation, determined by reference to accretion tables contained in each such Bond or offering circular with respect thereto. The Compounded Amounts for such Bonds as of any date not stated in such tables shall be calculated by adding to the Compounded Amount for such Bonds as of the date stated in such tables immediately preceding the date of computation a portion of the difference between the Compounded Amount for such preceding date and the Compounded Amount for such Bonds as of the date shown on such tables immediately succeeding the date of calculation, apportioned on the assumption that interest accretes during any period in equal daily amounts on the basis of a year of twelve 30-day months.
Compounded Amounts means, with respect to any Loan on any date, initially $0, (a) as increased, on any Compounding Period End Date, by the aggregate amount of (i) interest that accrued, pursuant to clause (x) of the first sentence of Section 2.04(a), on the then-outstanding principal amount of such Loan and (ii) interest that accrued, pursuant to clause (y) of the first sentence of Section 2.04(a), on all Compounded Amounts with respect to such principal amount, in each case, during the Compounding Period that ended on such Compounding Period End Date, and (b) as reduced to $0 on each Interest Payment Date.
Compounded Amounts means the principal amount of Capital Appreciation Obligations plus the amount of interest that has accreted on such obligations, compounded semiannually, to the date of calculation, determined by reference to accretion tables contained in
Examples of Compounded Amounts in a sentence
For the avoidance of doubt, any interest that accrues on Compounded Amounts with respect to any Loan shall, for all purposes hereunder (other than clause (x) of the immediately preceding sentence), be deemed to have accrued on the principal amount of such Loan.
More Definitions of Compounded Amounts
Compounded Amounts means, as of any date of computation with respect to any Capital Appreciation Bond, an amount equal to the principal amount of such Capital Appreciation Bond (the principal amount at its initial offering) plus the interest accrued on such Capital Appreciation Bond, compounded periodically, to the date of calculation, determined by reference to the accretion tables contained in such Capital Appreciation Bond or contained or referred to in this Indenture or the supplemental indenture providing for the issuance of such Capital Appreciation Bonds, such interest to accrue at a rate not exceeding the legal rate as set forth in this Indenture or the supplemental indenture of the Issuer providing for the issuance of such Capital Appreciation Bonds. The Compounded Amount of such Capital Appreciation Bonds as of any date not stated in such tables shall be calculated by adding to the Compounded Amount for such Capital Appreciation Bonds as of the last date stated in such tables immediately preceding the date of calculation, a portion of the difference between the Compounded Amount as of such preceding date and the Compounded Amount as of the date shown on the tables immediately succeeding the date of computation, calculated based on the assumption that the Compounded Amount accrues in equal daily amounts on the basis of a year of twelve 30-day months.
Compounded Amounts means the principal amount of Capital Appreciation Obligations plus the amount of interest that has accreted on such obligations, compounded semiannually, to the date of calculation, determined by reference to accretion tables contained in each such obligations or an offering circular with respect thereto. The Compounded Amounts for such Capital Appreciation Obligations as of any date not stated in such tables shall be calculated by adding to the Compounded Amount for such obligations as of the date stated in such tables immediately preceding the date of computation a portion of the difference between the Compounded Amount for such preceding date and the Compounded Amount for such obligations as of the date shown on such tables immediately succeeding the date of calculation, apportioned on the
Compounded Amounts means the principal amount of the Capital Appreciation
Compounded Amounts means the accreted value of Compounding Interest Bonds, determined in accordance with a table of accreted values, as of any particular date of calculation. For purposes of calculating the Debt Service Requirement and the required payments into the Sinking Fund under the provisions of Article III of this Resolution, the Compounded Amount of any Compounding Interest Bonds shall be treated as principal maturing on the maturity date of Serial Bonds or as Amortization Installments due on Term Bonds, as the case may be. For the purposes of computing the amount of Registered Owners required for any notice, consent, request or demand hereunder for any purpose whatsoever, the principal amount of a Compounding Interest Bond shall be deemed to be its Compounded Amount as of the date of such determination.
Compounded Amounts means the principal amount of Capital Appreciation Bonds, plus the amount of interest that has accreted on Capital Appreciation Bonds to the date of calculation, determined by accretion tables contained in each such Bond.