Regular Interest Rate means the rate of interest payable periodically on a Mortgage Loan and shall be equal to (i) 500 basis points and 300 basis points in excess of the rate on a treasury obligation having a maturity substantially similar to that of the Mortgage Loan for fixed rate Junior and First Mortgage Loans, respectively, and 400 basis points and 200 basis points in excess of the Prime Rate, or 570 basis points and 370 basis points in excess of the Federal Funds Rate, for variable rate Junior and First Mortgage Loans, respectively.

Regular Interest Rate means a fixed rate of interest equal to [5.79]% per annum.

Regular Interest Rate shall have the meaning assigned to such term in the Mortgage Loan Agreement.

Examples of Regular Interest Rate in a sentence

Regular Interest Rate– Defined Benefit (DB) Program The "Regular Interest Rate" is used by the DB Program to charge interest among other items on (1) previously refunded retirement contributions when a member elects to redeposit those contributions, and (2) installment payments for the (a) redeposit of contributions or (b) purchase of additional service credit.
Based on the Long-Term Expected Rate of Return, which PMRS develops and is also referred to as the Regular Interest Rate.
The "Regular Interest Rate" is used by the DB Program to charge interest among other items on (1) previously refunded retirement contributions when a member elects to redeposit those contributions, and (2) installment payments for the (a) redeposit of contributions or (b) purchase of additional service credit.
In no event shall the Regular Interest Rate exceed the Highest Lawful Rate.
Except as otherwise provided herein, interest shall accrue on the principal amount of the Loan from time to time outstanding from the date hereof through the Maturity Date, or the earlier payment of this Note in accordance with the terms hereof, whether upon acceleration or otherwise, at the Regular Interest Rate ("Regular Interest").

More Definitions of Regular Interest Rate

Regular Interest Rate means Six and 36/100 (6.36%) percent per annum.

Regular Interest Rate means a rate per annum equal to 3.795%.

Regular Interest Rate means an interest rate equal to seven and one one-hundredth percent (7.01%) per annum.

Regular Interest Rate means (8.177%) per annum.

Regular Interest Rate means, with respect to any Note on any date during an Interest Period, a rate of interest equal to the per annum rate (expressed as a percentage and an interest yield equivalent and calculated on the basis of a 360-day year) equivalent to the sum of the Margin plus the weighted average of the per annum rates paid or payable by the applicable Note Purchaser from time to time as interest on or otherwise in respect of the CP issued by such Note Purchaser that is allocated, in whole or in part, by the applicable Agent to fund the purchase or continued funding of such Conduit Note Purchaser's Note (and which may also be allocated in part to the funding of other assets of such Note Purchaser) during such Interest Period as determined by the applicable Agent, which rates shall reflect and give effect to other borrowings by such Note Purchaser, including borrowings to fund small or odd dollar amounts that are not easily accommodated in the commercial paper market to the extent such amounts are allocated, in whole or in part, to such Note by the applicable Agent; provided, that if any component of such rate is a discount rate, in calculating the "Regular Interest Rate" for such day the applicable Agent shall for such component use the rate resulting from converting such discount rate to an interest bearing equivalent rate per annum.