Rate of Interest definition

Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

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Rate of Interest means the rate of interest payable from time to time in respect of the Notes and that is either specified or calculated in accordance with the provisions in the relevant Final Terms.

Rate of Interest means the rate or rates (expressed as a percentage per annum) of interest payable in respect of the Notes specified in the relevant Final Terms or calculated or determined in accordance with the provisions of these Conditions and/or the relevant Final Terms;

Examples of Rate of Interest in a sentence

• If the applicable Final Terms specifies that more than one Step Up Event is applicable but specifies that a Collective Step Up Event is not applicable, upon the occurrence of any Step Up Event so specified, the Rate of Interest (in the case of Fixed Rate Notes) or the Initial Margin (in the case of Floating Rate Notes), shall be increased by the relevant Step Up Margin for each Step Up Event that may occur from the next following Interest Period.

• In the event Rent is not paid to the Landlord when it is due and payable as stipulated herein, the Landlord in addition to its other remedies hereunder, shall be entitled to collect interest computed on such arrears at the Stipulated Rate of Interest.

• The amount of interest payable per Calculation Amount for any Interest Period shall be calculated by applying the Cash Rate of Interest or the PIK Rate of Interest (as the case may be) to the Calculation Amount, dividing the resulting product by four and rounding the resulting figure to the nearest cent (half a cent being rounded upwards).

• The Annual Percentage Rate is calculated by adding a margin to the highest Prime Rate of Interest as reported in the Wall Street Journal under the "Money Rates" Section determined on the 25th day of each month before the closing date shown on your billing statement, until the outstanding loan balance is paid in full, with interest.

• In the case of Floating Rate Notes, the Principal Paying Agent or the Calculation Agent, as applicable, will at or as soon as practicable after each time at which the Rate of Interest is to be determined, determine the Rate of Interest for the relevant Interest Period.

More Definitions of Rate of Interest

Rate of Interest means the rate or rates (expressed as a percentage per annum) of interest payable in respect of the Notes specified in the relevant Pricing Supplement or calculated or determined in accordance with the provisions of these Conditions and/or the relevant Pricing Supplement;

Rate of Interest means the Initial Rate of Interest, the First Reset Rate of Interest or the Subsequent Reset Rate of Interest, as applicable;

Rate of Interest means the rate or rates (expressed as a percentage per annum) or amount or amounts (expressed as a price per unit of relevant currency) of interest payable in respect of the Covered Bonds specified in, or calculated or determined in accordance with the provisions of, the Final Terms.

Rate of Interest means the rate of interest payable from time to time in respect of the Privileged Notes and that is either specified or calculated in accordance with the provisions of these Terms and Conditions, as completed by the relevant Final Terms.

Rate of Interest means the rate of interest applicable for the Loan as specified. xvii. “RBI” means Reserve Bank of India.

Rate of Interest means the rate or rates (expressed as a percentage per annum) or amount or amounts (expressed as a price per unit of relevant currency) of interest payable in respect of the Covered Bonds specified in, or calculated or determined in accordance with the provisions of, the Final Terms or Pricing Supplement.

Rate of Interest means 8.0 per cent. per annum