Reference interest rates Clause Samples

Reference interest rates. Euribor Euribor is the euro area money market reference rate controlled by the European Banking Federation (FBE) and the Financial Markets Association (ACI) at the time this agreement is signed. The determination of the value of the Euribor is based on the currently valid international practice. Quotation day refers to a day on which the value of the Euribor rate is determined according to currently valid international practice. When the reference rate is one (1) month's Euribor , the value of the reference rate will be adjusted on each quotation day in accordance with the daily quotation of one (1) month’s Euribor rate. The deposit interest rate changes as much as the reference rate value has changed. When the reference rate is one (1) week’s Euribor , the value of the reference rate will be adjusted on each quotation day in accordance with the daily quotation of one (1) week’s Euribor rate. The deposit interest rate changes as much as the reference rate value has changed. Eonia Eonia is an overnight rate determined daily by the euro area banks. The value of the deposit reference rate changes daily. The deposit interest rate changes as much as the reference rate value has changed. Euribid Euribid is a deposit reference rate derived from the Euribor reference rate. The value of one (1) month's /one (1) week's Euribid is calculated by deducting 0.125% from the value of the Euribor reference rate for the corresponding time period. The value of the deposit reference rate changes daily. The deposit interest rate changes as much as the reference rate value has changed.
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Reference interest rates. If the Account has a reference interest rate, that is, an interest rate that is linked to and tracks an interest rate which comes from a publicly available source, we may change our interest rates at any time and without notice to you. Such changes to an interest rate may be applied immediately. Please contact your relationship manager for more details relating to such changes to the interest rate.
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Reference interest rates. 7.9.1. You agree that changes to interest rates that are based on changes to the reference interest rates can be applied by us without notice as long as they are based on the reference interest rates for which we notified you in accordance with article 54(3) of the Law. In such an event, the information will be provided to you at our branches and/or our Website and/or if you communicate with us and request this information. It is further agreed that if at any time the price of the relevant reference interest rate falls below zero, then the said reference rate shall, for the purposes of the present Terms, be deemed to be zero. 7.9.2. We also inform you that we may apply unilaterally and without notice variations to the interest rates that are to your benefit. 7.9.3. In case you are not a Consumer or a Micro-Enterprise, you agree that we can vary the interest rate with which your account is credited and/or debited by an announcement in the daily press or written notice and that any such variation will apply from the date specified in the said notice or announcement.
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Related to Reference interest rates

  • Applicable Interest Rates (a) U.S.

  • Applicable Interest Rate 5.10.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 and subject to Clause 5.3.1, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate. 5.10.2 In respect of Interest Periods pursuant to Clause 5.3.2 and subject to Clause 5.3.2, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during an Interest Period shall be the Fixed Rate.

  • Interest Rates All outstanding Term Loans to the Borrower shall bear interest on the unpaid principal amount thereof (including, to the extent permitted by law, on interest thereon not paid when due) from the date made until paid in full in cash at a rate determined by reference to the Base Rate or Adjusted Term SOFR plus the Applicable Margin, but not to exceed the Maximum Rate. If at any time Term Loans are outstanding with respect to which the Borrower has not delivered to the Agent a notice specifying the basis for determining the interest rate applicable thereto in accordance herewith, those Term Loans shall be treated as Base Rate Loans until notice to the contrary has been given to the Agent in accordance with this Agreement and such notice has become effective. Except as otherwise provided herein, the Term Loans shall bear interest as follows: (i) For all Base Rate Loans, at a fluctuating per annum rate equal to the Base Rate plus the Applicable Margin; and (ii) For all SOFR Rate Loans, at a fluctuating per annum rate equal to Adjusted Term SOFR plus the Applicable Margin. Each change in the Base Rate (or any component thereof) shall be reflected in the interest rate applicable to Base Rate Loans as of the effective date of such change. All computations of interest for Base Rate Loans when the Base Rate is determined by the “prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). On the last Business Day of each calendar quarter hereafter and on the Termination Date, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest accrued from the last Business Day of the preceding calendar quarter to the last Business Day of such calendar quarter (or accrued to the Termination Date in the case of a payment on the Termination Date) on all Base Rate Loans in arrears. The Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest on all SOFR Rate Loans in arrears on each SOFR Interest Payment Date.

  • Fixed Interest Rates Each Mortgage Loan bears interest at a rate that remains fixed throughout the remaining term of such Mortgage Loan, except in the case of ARD Loans and situations where default interest is imposed.

  • Interest Rate The LHIN may charge the HSP interest on any amount owing by the HSP at the then current interest rate charged by the Province of Ontario on accounts receivable.