Annual Interest Rate definition

Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section in these Commercial Terms. This is the interest rate that you will pay unless you are in default. The Annual Interest Rate is fixed for the full period of this Loan except in the circumstances set out in clause 12.2(b)(iii) of the General Terms.

Annual Interest Rate means the interest rate set out in the Schedule of Loan Terms.

Examples of Annual Interest Rate in a sentence

• The Payment Plan Annual Interest Rate will apply to the Payment Plan balance for the Term starting on the Payment Plan Effective Date until the earlier of when you repay the Payment Plan, the Term expires or the Payment Plan is cancelled.

• The amount of your monthly payments for a Payment Plan are determined by adding: • the purchase amount, • the Plan Fee, and • the total interest that is payable on the purchase amount and Plan Fee at the Payment Plan Annual Interest Rate for the Term and dividing the total of these amounts by the number of months in the Term selected by you.

• Subsequent monthly payments will include interest calculated at the Payment Plan’s Annual Interest Rate from the Payment Plan Effective Date of Payment Plan.

• Therefore, you will pay interest on the Plan Fee at the Payment Plan Annual Interest Rate.

More Definitions of Annual Interest Rate

Annual Interest Rate means the annual interest rate described in:

Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section in these Commercial Terms. This is the interest rate that you will pay unless you are in default. The Annual Interest Rate is fixed for the full period of this Loan except in the Total Advances: The Total Advances is the same as the LOAN AMOUNT set out in the LOAN DETAILS section in these Commercial Terms. Method of Charging circumstances set out in clause 12.2(b)(iii) of the General Terms. We explain this in clause 3.1 of the General Subsequent Advances: There are no subsequent advances under this Agreement. This means the full loan is paid to you in one lump sum. Interest:

Annual Interest Rate means the fixed annual nominal rate at which interest is calculated on the balance of the Principle Debt.

Annual Interest Rate. The annual interest rate from the Signing Date through March 25, 2019: 4.9898%. The annual interest rate is composed of the following: (i) LIBOR as of the Signing Date: 2.4898%, and (ii) Margin interest rate: 2.5%. The annual interest rate after March 25, 2019 will be determined on a monthly basis based on the LIBOR type of this loan.

Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section on page 1 of these Initial Unpaid Balance: This is the LOAN AMOUNT set out in the LOAN DETAILS section on page 1 of these Commercial Terms.

Annual Interest Rate means the per annum rate of interest stated in the Initial Disclosure Statement or any Change Disclosure Statement.

Annual Interest Rate means the interest rate set out in the Schedule of Loan Terms. Credit Limit: means the sum specified in item 3 of the annexed Schedule of Loan Terms. CCCFA: means the Credit Contracts and Consumer Finance Xxx 0000.