Interest rate as described in division (A) of this section definition

Interest rate as described in division (A) of this section means the federal short-term rate, rounded to the nearest whole number percent, plus five percent. The rate shall apply for the calendar year next following the July of the year in which the federal short-term rate is determined in accordance with division (A)(2) of this section.
Sample 1Sample 2Sample 3
Interest rate as described in division (A) of this section means the federal short-term rate, roun ded to the nearest whole number per cent, plus five per cent. The rate shall apply for the calendar year ne xt following the July of the year in which the federal short-term rate is determined in accordance with di vision (A)(2) of this section.
Sample 1Sample 2
Interest rate as described in division (A) of this section means the federal short-
Sample 1Sample 2Sample 3

Examples of Interest rate as described in division (A) of this section in a sentence

  • Interest rate as described in division (A) of this section" means the federal short-term rate, rounded to the nearest whole number percent, plus five percent.

  • Interest rate as described in division (A) of this section" means the federal short-term rate, rounded to the nearest whole number per cent, plus five per cent.

  • Interest rate as described in division (A) of this section" means the federal short­ term rate, rounded to the nearest whole number per cent, plus five per cent.

  • Interest rate as described in division (A) of this section" means the federal short­ term rate, rounded to the nearest whole number per cent, plus five per cent The rate shall apply for the calendar year next following the July of the year in which the federal short-term rate is determined in accordance with division (A)(2) of this section.


More Definitions of Interest rate as described in division (A) of this section

Interest rate as described in division (A) of this section means the Federal Short- term Rate, rounded to the nearest whole number per cent, plus five per cent. The rate shall apply for the calendar year next following the July of the year in which the Federal Short-term Rate is determined in accordance with division (A)(2) of this section.
Sample 1Sample 2
Interest rate as described in division (A) of this section means the federal short-term rate, rounded to the nearest whole number per cent, plus five per
Sample 1
Interest rate as described in division (A) of this section means the federal short-term rate, rounded to the nearest whole number per cent, plus five per cent. The rate shall apply for the calendar year next following the July of the year
Sample 1
Interest rate as described in division (A) of this section means the federal short- term rate, rounded to the nearest whole number per cent, plus five per cent. The rate
Sample 1