Common use of Effective Rate Clause in Contracts

Effective Rate. The “Effective Rate” upon which interest shall be calculated for this Note shall be one or more of the following:

Appears in 2 contracts

Sources: Modification Agreement (Sunrise Senior Living Inc), Modification Agreement (Sunrise Senior Living Inc)

Effective Rate. The "Effective Rate" upon which interest shall be calculated for this Note shall be one equal to the rate described in either paragraph (a) or more of the following(b) below, as applicable:

Appears in 1 contract

Sources: Promissory Note (Prudential Bache Equitec Real Estate Partnership)