Rate of Interest definition

Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

Rate of Interest means the rate or rates (expressed as a percentage per annum) of interest payable in respect of the Notes specified in the relevant Final Terms or calculated or determined in accordance with the provisions of these Conditions and/or the relevant Final Terms;

Rate of Interest means the rate of interest payable from time to time in respect of the Notes and that is either specified or calculated in accordance with the provisions in the relevant Final Terms.

Examples of Rate of Interest in a sentence

• Floating Rate of Interest is computed with reference to the CGHFL-RR of CGHFL together with the margin, if any, as specified in detail in the loan agreement.

• The Borrower agrees and acknowledges that the Rate of Interest may change, upwards or downwards as the case may be, in line with change in TBLR, if any, with a reset frequency as mentioned in Schedule I.

• Market Disruption and Alternate Rate of Interest 87 SECTION 2.14.

• Interest and Rate of Interest The TBLR used as the reference rate for computing the customer’s Rate of Interest will be determined by using the specific Treasury Bill (T-Bill) rate published by FBIL (of the tenor chosen by the Non -Bank Financial Institution equivalent to the reset period of the Loan), as on a particular date, as detailed in Schedule 1.

• The Borrower agrees and acknowledges that while the current source of T-Bill benchmark rate is FBIL, the Non-Bank Financial Institution at its sole discretion, may at any time for computing the reference Rate of Interest, use rates published by any another indepen dent benchmark administrator as designated by Reserve Non-Bank Financial Institution of India from time to time, with prior notice to the Borrower.

More Definitions of Rate of Interest

Rate of Interest means the rate or rates (expressed as a percentage per annum) of interest payable in respect of the Notes specified in the relevant Pricing Supplement or calculated or determined in accordance with the provisions of these Conditions and/or the relevant Pricing Supplement;

Rate of Interest means the rate or rates (expressed as a percentage per annum) or amount or amounts (expressed as a price per unit of relevant currency) of interest payable in respect of the Covered Bonds specified in, or calculated or determined in accordance with the provisions of, the Final Terms.

Rate of Interest means the Initial Rate of Interest, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest, as applicable;

Rate of Interest means the rate of interest applicable for the Loan as specified. xvii. “RBI” means Reserve Bank of India.

Rate of Interest means the rate of interest payable from time to time in respect of the Privileged Notes and that is either specified or calculated in accordance with the provisions of these Terms and Conditions, as completed by the relevant Final Terms.

Rate of Interest means the Fixed Rate of Interest and/or Floating Rate of Interest, as the case may be.

Rate of Interest means 8.0 per cent. per annum