Rate plan definition
Examples of Rate plan in a sentence
The Variable Interest Rate applicable to this Note may be adjusted automatically as of the first day of any month to the rate then made applicable to the Note’s assigned interest rate group under the provisions of Lender's Variable Interest Rate plan in effect at that time.
Your second renewal notice will indicate whether you will be automatically enrolled: (i) on the Fixed Rate plan provided in the notice, or (ii) on the Company’s Variable Rate plan available at such time.
For any Variable Rate or Index Rate plan, you may not receive a renewal notice as you have chosen the Company’s variable rate plan that is a month-to-month plan that you may cancel, or the Company may cancel by providing you notice as required by law.
You may terminate a Fixed Rate plan at any time; provided that, if you terminate after the Rescission Period and prior to the end of the Term, a termination Fee will apply for the Service you terminate.
At the end of a Fixed Rate plan you will be enrolled in either: (i) a subsequent Fixed Rate plan for which you have been provided prior notice of the terms, or (ii) Company’s Variable Rate plan available at such time.