Examples of Interest Rate in a sentence
Fixed Interest Rate: The per annum interest (the “Interest Rate”) payable under the CoPACE Financing shall equal {__________ percent (____%)}.
Should the Capital Provider fail to provide the District with the Interest Rate and Annual Assessment Payments Adjustment Notice by the August 1 deadline, the District shall proceed to certify the same annual assessment payment to the County as certified in the prior year (the “Prior Year Assessment”), and the District shall have no liability whatsoever to the Capital Provider or Property Owner for proceeding to utilize the Prior Year Assessment as contemplated herein.
This gives us the average daily balance which is shown on your statement as the Balance Subject to Interest Rate for Cash Advances.
AIR means the Annual Interest Rate which is a fixed rate set out in this agreement In the event that the period remaining on the contract is less than 30 days then number of days in the formula (currently expressed as 30 days) will be adjusted accordingly.
Notwithstanding any language of this Agreement to the contrary, the Capital Provider and Property Owner agree to indemnify and hold harmless the District and its respective directors, officers, employees, agents, and consultants for proceeding to certify the Prior Year Assessment to the County in the event that Capital Provider fails to provide the District with the Interest Rate and Annual Assessment Payments Adjustment Notice by the August 1 deadline.