Interest Rate definition

Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.
Interest Rate means the Interest Rate (as defined in the Mortgage Loan Documents).

Examples of Interest Rate in a sentence

  • Except as specifically provided in this Agreement, any outstanding and past due amounts owing and unpaid by either Party under the terms of this Agreement will be eligible to receive, in addition to the outstanding and past due amounts, payment equal to the product of (i) the applicable outstanding and past due amount, (ii) the Interest Rate, and (iii) the number of days between the date due and the date paid.

  • For avoidance of doubt, there shall be no prepayment premium or penalty due upon any prepayment of the Term Loan if the Borrower and Lender do not enter into an Interest Rate Agreement.

  • Principal Amount: $ Effective Date: Maturity Date: Eighteen (18) months from the Effective Date Interest Rate: 8% per annum Maker: Torro Ventures CF, LLC, a Wyoming limited liability company Holder: This Unsecured Promissory Note (this “Note”) is made effective as of the date indicated above (the “Effective Date”), by Maker for the benefit of the Holder (each individually a “Party ” and collectively the “Parties”).

  • Prepayment of the principal amount of the Loan, in whole or in part, whether voluntary or involuntary, will be subject to payment by Borrower to Lender of all assessments, losses, fees and costs of any kind or nature incurred by Lender under any and all Interest Rate Agreements, which arise, directly or indirectly, as a result of such prepayment.

  • The following charges shall be applicable with regards to the Facility for the 3- and 6-months periods: - Processing Fee 6% of the Facility Interest Rate (Reducing Balance) 2% per month Penalty Interest 15% p.a. For the 3-month Short Term Facility, a Credit life insurance premium charge of 0.13% of the Facility shall be collected, while a Credit life insurance premium charge of 0.28% of the Facility shall be collected for the 6-month Short Term Facility.


More Definitions of Interest Rate

Interest Rate means (a) as to the A-1 Notes, the A-1 Note Rate, (b) as to the A-2 Notes, the A-2 Note Rate, (c) as to the A-3 Notes, the A-3 Note Rate, (d) as to the A-4 Notes, the A-4 Note Rate and (e) as to the Class B Notes, the Class B Note Rate.
Interest Rate means the rate per annum equal to the “Monthly” Federal Funds Rate (as reset on a monthly basis based on the latest month for which such rate is available) as reported in Federal Reserve Bank Publication H.15-519, or its successor publication.
Interest Rate means, for any date, the lesser of (a) the per annum rate of interest equal to the prime lending rate as may from time to time be published in The Wall Street Journal under “Money Rates” on such day (or if not published on such day, on the most recent preceding day on which published), plus two percent (2%) and (b) the maximum rate permitted by applicable law.
Interest Rate means “364 days Government of India (GoI) Treasury Bills” rate.
Interest Rate. With respect to each Subsidiary REMIC Interest, the applicable rate set forth or calculated in the manner described in the Preliminary Statement.
Interest Rate means each or any of the interest rates, including the Default Rate, set forth in Section 3.1.