Incremental Interest Amount definition

Incremental Interest Amount means, in the aggregate, the interest rate, credit monitoring fees, annual paid-in-kind interest, original issue discount, extension fee, make whole fee, catch-up fee and all other costs charged in connection with borrowing the Incremental Principal Amount, to the extent such aggregate amount exceeds the Current Interest Amount.
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Incremental Interest Amount means the actual total amount of interest accrued on the Buyer Note from the date of its issuance to the Deposit Date, less the Interest Amount.
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Incremental Interest Amount. The amount of interest accrued at the Incremental Interest Rate.
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Examples of Incremental Interest Amount in a sentence

  • The Purchaser covenants and agrees that, during the period from the date of this Agreement until the earlier of the Effective Time and the time that this Agreement is terminated in accordance with its terms it shall, on a monthly basis and within five Business Days of the receipt of written notice from the Company, provide the Company with a cash amount equal to the Incremental Interest Amount paid by or accrued by the Company in respect of the applicable month.

  • On the Distribution Date in June 1999, any money on deposit in the Interest Reserve Account not required to be paid to the Class 1-A-4 Certificates as Class 1-A-4 Incremental Interest Amount shall be paid to the Holder of the Class R-1 Certificate.

  • On each Distribution Date through and including June 1999, the Trustee shall withdraw from the Interest Reserve Account an amount equal to the Class 1-A-4 Incremental Interest Amount and shall deposit such amount into the Certificate Account to pay to the Class 1-A-4 Certificateholders as interest.


More Definitions of Incremental Interest Amount

Incremental Interest Amount at any time means (a) $5,150,000 minus (b) the product of (i) $214,583.33 multiplied by (ii) the number of monthly payments of accrued interest on the Term Loan that have been made by Borrower on the first day of a calendar month during the period commencing on May 13, 2014 and ending on May 1, 2016 (the "Interest Reserve Period"); provided, that if any prepayment is made in respect of the Term Loan pursuant to the Agreement during the Interest Reserve Period, the Incremental Interest Amount (and subsequent reductions thereof under clause (b) above) will be further reduced by Agent to reflect the amount by which the incremental interest payable on the Term Loan during the remaining portion of the Interest Reserve Period will be reduced.
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Related to Incremental 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;

  • Supplemental Interest Account As defined in Section 4.07 hereof.

  • 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.

  • 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.

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