Examples of Interest Rate in a sentence
Interest will be charged on late Payments at the Interest Rate until Xxxxx has fully paid the past due balance.
Increases or decreases in the Interest Rate will result in like increases or decreases in the Finance Charge and will affect the number of Your regularly scheduled payments.
Until the Borrower gives the required notice to the Administrative Agent of another Interest Rate in accordance with Section 4.3, the initial Interest Rate for any Loan shall be (i) if such Loan is being funded by a Conduit Lender through the issuance of Notes, the applicable CP Rate (unless the Default Rate is then applicable) or (ii) otherwise (including if a Conduit Lender is then funding such Loan under a Program Support Agreement), Adjusted SMIR (unless the Default Rate is then applicable).
Interest Rate on Cash Management Account: At the time of writing, the interest rate on the cash management account is 5.00% p.a, subject to change based on market conditions.
Changes in the Index will cause changes in the Interest Rate on the 1st day of the billing cycle during the months of January, April, July and October of each year.