Examples of Base Interest Rate in a sentence
Bank reserves the right to fund the principal from any source of funds notwithstanding any Base Interest Rate selected by Debtor.
No Base Interest Rate may be changed, altered or otherwise modified until the expiration of the Interest Period selected by Debtor.
The prepayment fee shall also be paid, if Bank, for any other reason, including acceleration or foreclosure, receives all or any portion of principal bearing interest at a Base Interest Rate prior to its scheduled payment date.
All principal outstanding hereunder which is not bearing interest at a Base Interest Rate shall bear interest at a rate per annum equal to the Reference Rate, which rate shall vary as and when the Reference Rate changes.
Liquidated Damages shall also be paid, if Bank, for any other reason, including acceleration or foreclosure, receives all or any portion of principal bearing interest at a Base Interest Rate prior to its scheduled payment date.