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accrued but unpaid

    0.03 sec.
accrued but unpaid

Money that has been earned, such as interest on a mortgage loan, but not yet collected.



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Under the terms of the notes and indenture governing the notes, the Company may redeem the notes for cash by paying the note holders a redemption price equal to the notes' issue price and accrued original issue discount plus any accrued but unpaid interest.
Pursuant to CIWL's Offer to Purchase, dated December 4, 2002, as amended by CIWL's announcement on January 6, 2003 and as further amended by this announcement, CIWL is offering to purchase up to $40 million in aggregate principal amount of the Notes for a cash price of $1,000 per $1,000 principal amount, plus accrued but unpaid interest, including Special Interest (as defined below).
The debentures will be called at a redemption price of $1,000 plus accrued but unpaid interest of $18.
 
 
 
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