Alteration of Rates Sample Clauses

Alteration of Rates. The Lender agrees not to alter the Interest Rate applicable to a Loan during any Fixed Interest Rate Period. Where the Interest Rate is a floating rate, the Lender may alter the Interest Rate from time to time to reflect changes to market interest rates. The Lender will notify the Borrower and, if required by law, each other Obligor of any alteration to the Interest Rate in the manner required by the CCCFA.
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Alteration of Rates. NBS agrees not to alter the Interest Rate applicable to a Loan during any Fixed Interest Rate Period. Where the Interest Rate is a variable rate, we may alter the Interest Rate from time to time to reflect changes to market interest rates. NBS will notify the Borrower and, if required by law, each other Obligor of any alteration to the Interest Rate, by giving 14 day’ notice by any method we may deem appropriate including electronic media, regional and local newspapers or any other manner required or permitted by the CCCFA.

Related to Alteration of Rates

  • ALTERATION OF TERMS 13 This Agreement, including any Exhibit(s) attached hereto and 14 incorporated by reference, fully expresses all understandings of the parties 15 and is the total Agreement between the parties as to the subject matter of 16 this Agreement. No addition to, or alteration of, the terms of this 17 Agreement, whether written or verbal, by the parties, their officers, agents, 18 or employees, shall be valid unless made in the form of a written amendment to 19 this Agreement which is formally approved and executed by both parties.

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