Common use of Prescribed Rate Clause in Contracts

Prescribed Rate. The Borrower shall pay to the Bank interest at the rate of foreign currency funding rate plus per centum per annum (% p.

Prescribed Rate. The Borrower shall pay to the Bank interest at the rate of the foreign currency funding rate plus plus____ per centum per annum (% p. a.) and such rate shall be subject to revision at the absolute discretion of the Bank from time to time with or without notice to the Borrower.

Prescribed Rate. The Borrower shall pay to the Bank interest at the rate of foreign currency funding rate plus per centum per annum (( % p.