Examples of Maximum Rate of Interest in a sentence
All payments of principal and interest on each Loan hereunder, and all fees and other sums owing by Borrower to Lender under this Agreement or any other Loan Document, shall be paid to Lender (a) by wire transfer to an account designated by Lender, or (b) if no account has been designated by Lender, by check at the office of Lender set forth in Article XII.3. ARTICLE II.6. Maximum Rate of Interest.
Other provisions in relation to Floating Rate Covered BondsFloating Rate Covered Bonds may also have a Maximum Rate of Interest, a Minimum Rate of Interest or both (each as indicated in the applicable Final Terms).
If the applicable Final Terms for a Floating Rate Covered Bond or a specifies a Maximum Rate of Interest for any Interest Period, then, in the event that the Rate of Interest in respect of such Interest Period determined in accordance with the provisions of paragraph (b) above is greater than such Maximum Rate of Interest, the Rate of Interest for such Interest Period shall be such Maximum Rate of Interest.
Maximum Rate of Interest means in respect of Floating Rate Covered Bonds the percentage rate per annum (if any) specified in the applicable Final Terms.