Interest Prior to Maturity. Subject to the provisions and limitations hereof, the outstanding principal balance of the Loan hereunder shall accrue interest at the Stated Rate.
Interest Prior to Maturity. Prior to maturity (whether by acceleration or otherwise) the unpaid principal amount of the Loan shall bear interest at the Interest Rate.
Interest Prior to Maturity. The APY is based on an assumption that interest will remain in the CD until maturity. A withdrawal will reduce earnings. Earned interest may be withdrawn monthly without penalty by way of payment to you or by way of transfer to another one of your accounts at the Credit Union.
Interest Prior to Maturity. For certificate Accounts, the Annual Percentage Yield assumes that interest remains on deposit until maturity. A withdrawal will reduce earnings.
Interest Prior to Maturity. Subject to the provisions and limitations hereof, each Revolver Loan advance hereunder shall accrue interest at: (i) the Applicable Prime Rate plus the Applicable Margin or (ii) the Libor Rate plus the Applicable Margin. The Borrower shall notify the Lender in writing of the Borrower’s choice of interest rate on a particular advance simultaneously with requesting such advance. The Borrower may elect to have interest accrue at Libor plus the Applicable Margin as to any new or then outstanding Revolver Loans provided (x) there is then no Default or Event of Default, unless such Default or Event of Default has been waived in writing by the Lender, and (y) the Borrower have so advised the Lender of its election to use Libor and the Libor Period selected no later than three (3) Business Days prior to the proposed borrowing or, in the case of a Libor election with respect to a then outstanding Revolver Loan, three (3) Business Days prior to the conversion of any then outstanding Revolver Loans to Libor Loans and (z) the election and Libor shall be effective, provided, there is then no unwaived Default or Event of Default, on the fourth Business Day following said notice. No more than five (5) Libor Loans may be outstanding at any time. If no such election is timely made or can be made, then the Lender shall use the Applicable Prime Rate plus the Applicable Margin to compute interest. Interest accruing at the Applicable Prime Rate shall be calculated based on a calendar year of 365 days but assessed for the actual number of days elapsed during each accrual period. Interest accruing at the Libor Rate shall be calculated based on a calendar year of 360 days but assessed for the actual number of days elapsed during each accrual period
Interest Prior to Maturity. The annual percentage yield is based on an assumption that interest will remain in the account until maturity. A withdrawal will reduce earnings. Payment of Interest: Interest will be paid quarterly and will be compounded in the certificate. Accrual of Interest on Non‐Cash Deposits: Interest will begin to accrue on the business you deposit cash or non‐cash (e.g. checks) items to your account.
Interest Prior to Maturity. During the period between the making of an Advance and the Conversion Date, Advances shall bear interest at the Interim Interest Rate. Thereafter (subject to the provisions of Section 2.8.2 hereof), the unpaid principal amount of the Loan shall bear interest at the Interest Rate.
Interest Prior to Maturity. Until maturity (whether on the Stated Maturity Date, upon acceleration or otherwise), the unpaid principal amount from time to time 38 outstanding on the Loans and any unpaid Reimbursement Obligations with respect to the Letters of Credit shall bear interest at a fluctuating rate per annum equal to:
Interest Prior to Maturity. Applicable to First Loan. Prior to maturity (whether by acceleration or otherwise) the unpaid principal amount of the First Loan shall bear interest at the First Loan Interest Rate.
Interest Prior to Maturity. Applicable to Second Loan. Prior to maturity (whether by acceleration or otherwise) the unpaid principal amount of the Second Loan shall bear interest at the Second Loan Interest Rate.
