Interest Rate definition
Examples of Interest Rate in a sentence
The date the FAMIR is reset as described in the Fixed Account Minimum Interest Rate provision and on the Contract Data Pages.
Each determination of the applicable Base Rate or SOFR Interest Rate by the Administrative Agent shall be conclusive and binding upon the parties hereto, in the absence of demonstrable error.
In the event that the Floating Interest Rate for the Floating Rate Period is less than zero, the Floating Interest Rate for such Floating Rate Period shall be deemed to be zero.
The Administrative Agent shall, upon written request of the Company or any Lender, deliver to the Company or such Lender a statement showing the computations used by the Administrative Agent in determining any applicable SOFR Interest Rate hereunder.
The Issuer will pay interest on the unpaid principal amount of this Note at the Class B Note Interest Rate on each Payment Date until the principal amount of this Note is paid in full.