Rate Account definition

Rate Account. The interest rate on your Account is variable. The current interest rate on your Account is 0.01% with an APY of 0.01%.
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Examples of Rate Account in a sentence

  • Promptly upon receipt of any payment or other receipt in respect of the Swap Contract, the Paying Agent shall deposit the same into the Floating Rate Account.

  • This Ethical 1-Year Fixed Rate Account is available to individuals aged sixteen or over who are permanently resident in the UK.

  • The Bank may carry each Variable Rate Advance in a Variable Rate Account and may carry each Fixed Rate Advance in a Fixed Rate Account, but all Advances will constitute extensions of credit pursuant to a single Credit Line.

  • The last interest payout will be made on the date of maturity of the monthly Fixed Rate Account.

  • In the event that any fees (including termination fees) are payable to the Swap Counterparty in connection with such termination, such fees will be payable to the Swap Counterparty solely from amounts remaining in the Floating Rate Account after all distributions to the Class A-2FL Certificates are made pursuant to Section 9.01.

  • The penalty rate in case of early access will be the Bank of England Base rate as applicable during the time of opening your HiSAVE Fixed Rate Account.

  • This Ethical 3-Year Fixed Rate Account is available to individuals aged sixteen or over who are permanently resident in the UK.

  • Transfers may not be made from one Guarantee in the Guaranteed Rate Account to another.

  • The parties intend that the portions of the Trust Fund representing (i) the Excess Interest, the Excess Interest Distribution Account and the proceeds thereof and (ii) the Class A-2FL Regular Interest, the Swap Contract, the Floating Rate Account and the proceeds thereof will be treated as a grantor trust under subpart E of Part I of subchapter J of the Code and that the beneficial interests therein will be represented by the Class S Certificates and the Class A-2FL Certificates, respectively.

  • At all times, the Class A-3FX Certificates shall represent ownership of the Class A-3FX Percentage Interest in the Class A-3FL REMIC III Regular Interest and the entire ownership interest in the Swap Fixed Rate Account Class A-3FX.