Default Interest Rate Spread definition

Default Interest Rate Spread. 1% per month.

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Default Interest Rate Spread. 10%. 1.2.19 “Default Waiver Fee” - $1,000.

Examples of Default Interest Rate Spread in a sentence

• Immediately upon the occurrence and during the continuance of an Event of Default, the interest rates otherwise applicable shall be increased by the Default Interest Rate Spread.

• Immediately upon the occurrence of an Event of Default, the interest rates otherwise applicable shall be increased by the Default Interest Rate Spread.