Rate definition
Examples of Rate in a sentence
If a Customer contracts for multiple loan products that are provided by Party A and guaranteed by Party B and Party A reduces the applicable interest rate to the level of an Overdraft Limit of 1 million yen or more in response to the Interest Rate Restriction Act, the guarantee fee rate will also be reduced to the same level.
If an adjustment to the Warrant Exercise Rate is made in respect of any distribution of the type described in this clause (c) but such distribution is not so made, the Warrant Exercise Rate shall be readjusted, effective as of the date the Board of Directors determines not to make such distribution, to the Warrant Exercise Rate that would then be in effect at such time had no such adjustment been made.
Landlord shall have the right, but shall not be required, to pay such sums or do any act which requires the expenditure of monies which may be necessary or appropriate by reason of the failure or neglect of Tenant to perform any of the provisions of this Lease, and in the event of the exercise of such right by L▇▇▇▇▇▇▇, T▇▇▇▇▇ agrees to pay to Landlord forthwith upon demand all such sums, together with interest thereon at the Default Interest Rate, as Additional Rent.
The form of Warrant Certificate need not be changed because of any adjustment made pursuant to this Article IV, and Warrant Certificates issued after such adjustment may state the same Warrant Exercise Rate as are stated in any Warrant Certificates issued prior to such adjustment.
During any Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of the Base Rate based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of the Base Rate.