Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

Overdue Interest Rate means the lesser of (i) an interest rate of 18% per annum, or (ii) the highest lawful rate of interest.

Overdue Interest Rate means the rate of 5% per annum above DBS Prime or such other rate(s) as DBS Bank may determine from time to time, compounded monthly on the last day of each calendar month;

## Examples of *Overdue Interest Rate* in a sentence

Interest (if applicable),

**Overdue Interest Rate**and all other charges shall accrue from day to day and shall be computed on the basis of 365 days a year and the actual number of days elapsed.If these are incurred by DMI, these shall be recoverable from the Borrower and will carry interest at the rate of

**Overdue Interest Rate**from the date of payment till reimbursement.Notwithstanding any terms and conditions to the contrary contained in the Financing Documents, the amounts repaid by the Borrower shall be appropriated firstly towards cost, charges, expenses and other monies; secondly towards

**Overdue Interest Rate**, if any; thirdly towards Interest; and lastly towards repayment of principal amount of a Facility.

## More Definitions of *Overdue Interest Rate*

Overdue Interest Rate means the default interest as prescribed in the Loan Details Sheet which is payable on all amounts which are not paid on their respective Due Dates;

Overdue Interest Rate means the rate of 5% per annum above our Prime Rate or such rate as we may determine from time to time, (i) on daily rest basis (if the applicable interest rate of that Facility is on daily rest basis) or (ii) on monthly rest basis which interest to be compounded monthly on the last day of each month (if the applicable interest rate of that Facility is on monthly rest basis);

Overdue Interest Rate means the weighted average rate per annum of interest payable with respect to overdue payments of principal on the Notes Outstanding, computed as set forth in such Notes.

Overdue Interest Rate. Two percent (2%) per annum in excess of the "prime rate" then in effect at Citibank, N.A. in New York City (but not to exceed the maximum rate of interest to be charged Tenant for the use, forbearance or detention of money).

Overdue Interest Rate means the rate of 5% per annum above our Prime Rate or such rate as we may determine from time to time, on monthly rest basis which interest to be compounded monthly on the last day of each month;

Overdue Interest Rate shall have the meaning given to that term in Article 22 hereof.

Overdue Interest Rate means and equal three percent (3 %) per annum over the prime interest rate announced from time to time by the largest commercial bank whose principal office is located in Philadelphia or Xxxxxxxxxx County, Pennsylvania as being its "prime" or benchmark rate of interest.