Par Rate definition

Par Rate means the lowest interest rate for which a borrower would qualify without mark-up, add-ons, fees or other adjustments to that rate.
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Par Rate shall have the meaning set forth in Section 3.4.
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Par Rate means the interest rate on a loan if the
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Examples of Par Rate in a sentence

  • Section 3.4 Green Tree and Cavalier agree that for purposes of this Agreement the "Par Rate" shall be determined in accordance with Exhibit X (item 6).

  • ESTIMATED REIMBURSEMENT Utility Company to State (B minus K) $ 0.00 State to Utility Company (K minus B) $ 225,448.96 FEDERAL SHARE (80%) $ 0.00 (K x Fed Par Rate) Category Posting Date WBS Element Cost Element CO object name Cost element descr.