Common use of NOMINAL RATE Clause in Contracts

NOMINAL RATE. The nominal rate method of interest calculation shall apply to the calculation and payment of interest under this agreement and the Credit Union shall not be deemed to reinvest any interest from time to time received.

Appears in 2 contracts

Samples: Amendment Agreement, Agreement

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NOMINAL RATE. The nominal rate method of interest calculation shall apply to the calculation and payment of interest under this agreement and the Credit Union shall not be deemed to reinvest any interest from time to time receivedreceived hereunder.

Appears in 2 contracts

Samples: Amendment Agreement, nationalconsultinglimited.com

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NOMINAL RATE. The nominal rate method of interest calculation shall apply to the calculation and payment of interest under this agreement on the Loan and the Credit Union shall not be deemed to reinvest any interest from time to time receivedreceived hereunder.

Appears in 1 contract

Samples: Credit Union RRSP Loan Agreement

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