INTEREST RATE AND CALCULATION OF INTEREST. 1. Interest rate: The interest rate shall be 80% of the banking loan interest rate. During the loan term, if the country’s related authority adjusted the interest rate or the manner of calculation of interest, the interest of this contract shall be adjusted accordingly after one year from the date of execution of this contract. The adjustment shall be conducted when the interest rate are executed one year. It is not obliged to inform the Borrower when the adjustment of interest.
INTEREST RATE AND CALCULATION OF INTEREST. 5.1 Interest rate: The interest rate shall be calculated on the basis of a three hundred sixty (360)-day year and paid on each interest Payment Date (20th of each month) based on the actual number of days elapsed. The Loan shall accrue interest on the outstanding balance, at an monthly rate. If the due date for any payment under this Contract shall not be a Business Day, then such payment shall be made on the next succeeding Business Day, when the Loan is due, Principal and Interest both shall be paid off.
INTEREST RATE AND CALCULATION OF INTEREST. 1. Interest Rate
INTEREST RATE AND CALCULATION OF INTEREST. (a) Each Bond bears interest on the Principal Amount at the Interest Rate. On the Rate Set Date, the Company will advise NZX by general announcement of the Interest Rate.
INTEREST RATE AND CALCULATION OF INTEREST. 1. Interest rate The interest rate shall be the following (2) .
INTEREST RATE AND CALCULATION OF INTEREST. 2.1 The provision of (1) below shall apply to the interest rate under this Contract:
INTEREST RATE AND CALCULATION OF INTEREST. 5.1 Interest rate 5.1.1 Float Rate: Annual Interest Rate is 5.61% which is 10% floating. The adjustment of the interest shall make once a month
INTEREST RATE AND CALCULATION OF INTEREST. 5.1 The interests on the loan under this Contract shall be calculated from the actual drawdown date and on the basis of the actual borrowing days (daily interest rate = annual interest rate/360). The interests shall be settled monthly (monthly/quarterly) and the settlement date shall be the 20th of each month (the 20th of each month/the 20th of the last month of each quarter) or the next working day if the aforesaid date falls on a non-working day of bank. Upon maturity of the loan, the interests shall be paid together with the repayment the principal sum.
INTEREST RATE AND CALCULATION OF INTEREST. 1. The interest rate for the loan hereunder shall be executed as the following second method:
INTEREST RATE AND CALCULATION OF INTEREST. 1. Please refer to Special term 3 of Article 23 under this contract. If the loan interest rate agreed in this contract is inconsistent with the loan interest rate recorded in the loan document, the loan interest rate in the loan document shall prevail.
