Current Interest Rate definition

Current Interest Rate means the interest rate set out in Item 8 of the Schedule or such other rate as the Bank may hereafter fix from time to time.
Sample 1Sample 2Sample 3
Current Interest Rate means the sum of (i) the Base Rate and (ii) the Interest Rate Spread; provided, that the Current Interest Rate shall not exceed the highest lawful rate and may be reduced in accordance with Section 2.2(e).
Sample 1Sample 2Sample 3
Current Interest Rate. A Current Interest Rate is credited to the General Account. The initial Current Interest Rate is in effect for the initial Guarantee Period. The initial Current Interest Rate is shown on the Data Page. The Current Interest Rate for a renewal Guarantee Period may change. A Current Interest Rate will never be less than the Minimum Guaranteed Interest Rate.
Sample 1Sample 2Sample 3

Examples of Current Interest Rate in a sentence

  • The Servicer has informed us that if the Mortgage System has the following types as Interest Rate, then it will be marked as ‘1’ in the ‘AR107’ data field: ECB PORTO PRPROM Porto SVR No exceptions noted.5. Current Interest Rate Index Agreed the ‘Current Interest Rate Index’ in the ‘AR108’ data field of the Extraction File to the Mortgage System.

  • Attribute Receivable File / InstructionsAccount Number Borrower Last Name Original Amount Financed Original Interest Rate Current Interest Rate Original TermPayment Amount Obligor State Vehicle MakeModel Year Servicing SystemInstallment Sale Contract or Servicing System, and Instructions.

  • No exceptions noted.3. Current Interest Rate Agreed the ‘Current Interest Rate’ in the ‘AR109’ data field of the Extraction File to the Mortgage System.

  • The New Note shall bear a cash interest rate on the unpaid principal amount thereof from the date the New Note is issued (the “Issuance Date”) through the date the New Note is paid in full in cash (whether upon final maturity, by redemption, prepayment, acceleration or otherwise) at the Current Interest Rate.

  • Based on theU.S. Dollar Current Interest Rate Swap Index rates as of May 19, 2016, the lease rate for this first draw would be 1.38 percent for equipment financed over a three-year term; 1.40 percent for a five-year term; 1.52 percent for a seven-year term.


More Definitions of Current Interest Rate

Current Interest Rate means the applicable Rate Index plus the Current Interest Rate Margin.
Sample 1Sample 2Sample 3
Current Interest Rate means the rate of 6% per annum.
Sample 1Sample 2Sample 3
Current Interest Rate means a rate equal to nine percent (9.0%) per annum.
Sample 1Sample 2
Current Interest Rate means an annual rate at all times equal to the sum of (a) the Adjusted Base Rate and (b) 3.00% per annum, which Current Interest Rate shall change when and as the Adjusted Base Rate changes; provided, however, that during any Default Period, the Current Interest Rate shall equal the Default Rate.
Sample 1
Current Interest Rate means (x) the rate of 5% per annum from July __, 2003 until July __, 2008, and (y) the rate of 8% per annum thereafter.
Sample 1
Current Interest Rate means a rate per annum equal to the LIBO Rate plus five percent (5.0%), as adjusted pursuant to the terms of Section 2(b).
Sample 1Sample 2
Current Interest Rate means, with respect to any Dealer Note during any Due Period, the interest rate on such Dealer Note billed by NFC during such Due Period.
Sample 1Sample 2