Bank of England definition

Bank of England means the court of the directors of the Bank of England appointed under section 2 of the Bank of England Act 1946 of Parliament;
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Bank of England means, as the circumstances require, the Governor and Company of the Bank of England or the Bank of the Governor and Company of the Bank of England;
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Bank of England means the Governor and Company of the Bank of England, of Threadneedle Street, London EC2R 8AH;
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Examples of Bank of England in a sentence

  • If, however, the Borrower defaults in repaying the Loan in accordance with clause 4, the Borrower shall on the written demand of the Lender pay to the Lender interest on the principal of the Loan outstanding from time to time at 0% per annum above the Bank of England base lending rate as at the date of this Agreement.

  • In respect of all sums which are overdue to us, we will charge interest on a daily basis calculated at 8% per annum above the prevailing base rate for the time being of the Bank of England.

  • In Clause 8.7, there is an entitlement for the Building Control Approver to charge interest at 8% above the Bank of England dealing rate on any sum which is not paid by the Client to the Building Control Approver by the Final Date for Payment.

  • If any Fees or charges (including any Top Up charges, Third Party Contribution or Additional Service Charges) remain unpaid 30 days after their due date for payment, we reserve the right to charge interest at a rate of 4% above the Bank of England base rate per annum, calculated on a daily basis from the due date up to the date of actual payment.

  • Save for where the Client is a Domestic Client, any sum due under this Contract which is not paid by the Final Date for Payment shall carry interest at 8% above the Bank of England official dealing rate applicable from the Final Date for Payment until the date on which payment is made.


More Definitions of Bank of England

Bank of England means the Grovernor and Company of the Bank of England:
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Bank of England s Base Rate” means the base rate of the Bank of England at the time interest is calculated.
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Bank of England. MONETARY CONTROL ADDITIONAL COSTS' RATE FORMULA
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Bank of England. The central bank of the United Kingdom, and any successor thereto.
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Bank of England means the Guarantor.
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Bank of England means The Governor and Company of the Bank of England and, save as the context otherwise requires, a reference to the Bank of England includes a reference to the Bank of England acting on its own behalf and as agent or custodian for CCFFL;
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Bank of England means The Governor and Company of the Bank of England; “Board” means the board of directors of the company from time to time;
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