Examples of Excess Interest Rate in a sentence
For any Qualified Substitute Mortgage Loan and Distribution Date, the product of (x) the Stated Principal Balance, as of the second preceding Due Date after giving effect to scheduled payments for that Due Date, whether or not received, of such Mortgage Loan and (y) the Qualified Substitute Mortgage Loan Excess Interest Rate for such Mortgage Loan and Distribution Date.
We can change the Arranged Excess Interest Rate, during the period that any Arranged Excess has been granted, as set out in Clauses 13.3(f) and (g).
Payment shall be made for any additions and/or modifications to the supply of goods and services only if the parties have entered into a written supplementary agreement prior to the provision of these additional or modified goods or services.
If you exceed your Overdraft Limit, we may also charge you interest at an Excess Interest Rate.
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