Annual Interest Rate definition

Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section in these Commercial Terms. This is the interest rate that you will pay unless you are in default. The Annual Interest Rate is fixed for the full period of this Loan except in the circumstances set out in clause 12.2(b)(iv) of the General Terms.

Annual Interest Rate means the interest rate set out in the Schedule of Loan Terms.

Examples of Annual Interest Rate in a sentence

• Installment Balance Carried at Preferred Rate for Purchases Monthly fee % 0.85% Annual Interest Rate 19.99% Total Fee $145.15 Total Interest $154.08 Using the same assumptions as before, the effective Annual Percentage Rate (APR) is set out in the chart below.

• The Annual Interest Rate is fixed for the full period of this Loan except as set out in clause 12.2(b)(iii) of the General Terms.

• Advance rental payment(s) $ $ $ Amount of each subsequent rental payment $ $ $ Total amount of rental payments $ (GST incl.) Interest & method of charging interest Interest Start Date Annual Interest Rate % fixed for the whole term of this contract Total Interest Charges $ Interest charges are calculated daily by multiplying the unpaid balance at the end of the day by a daily interest rate.

• The daily interest rate is calculated by dividing the Annual Interest Rate by 365.

• Installment Balance Carried at Preferred Rate for Purchases Monthly fee % 0.90% Annual Interest Rate 20.99% Total Fee $153.58 Total Interest $153.98 Using the same assumptions as before, the effective Annual Percentage Rate (APR) is set out in the chart below.

More Definitions of Annual Interest Rate

Annual Interest Rate means the annual interest rate described in:

Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section in these Commercial Terms. This is the interest rate that you will pay unless you are in default. The Annual Interest Rate is fixed for the full period of this Loan except in the Total Advances: The Total Advances is the same as the LOAN AMOUNT set out in the LOAN DETAILS section in these Commercial Terms. Method of Charging circumstances set out in clause 12.2(b)(iii) of the General Terms. We explain this in clause 3.1 of the General Subsequent Advances: There are no subsequent advances under this Agreement. This means the full loan is paid to you in one lump sum. Interest:

Annual Interest Rate means the fixed annual nominal rate at which interest is calculated on the balance of the Principle Debt.

Annual Interest Rate. The annual interest rate from the Signing Date through March 25, 2019: 4.9898%. The annual interest rate is composed of the following: (i) LIBOR as of the Signing Date: 2.4898%, and (ii) Margin interest rate: 2.5%. The annual interest rate after March 25, 2019 will be determined on a monthly basis based on the LIBOR type of this loan.

Annual Interest Rate means the per annum rate of interest stated in the Initial Disclosure Statement or any Change Disclosure Statement.

Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section on page 1 of these Initial Unpaid Balance: This is the LOAN AMOUNT set out in the LOAN DETAILS section on page 1 of these Commercial Terms.

Annual Interest Rate means the interest rate set out in the Schedule of Loan Terms. Credit Limit: means the sum specified in item 3 of the annexed Schedule of Loan Terms. CCCFA: means the Credit Contracts and Consumer Finance Xxx 0000.