Standard Interest Rate definition

Standard Interest Rate means the greater of (a) 6%, or (b) the sum of that rate quoted by Xxxxx Fargo Bank, N.T. & S. A., from time to time as its prime rate, plus two percent (2%), but in no event more than the maximum rate of interest not prohibited or made usurious.
Standard Interest Rate means the rate of interest determined in terms of a national exchequer act;
Standard Interest Rate means, in the case of the 2022 Notes, 1.414% perannum and, in the case of the 2026 Notes, 2.425% per annum.

Examples of Standard Interest Rate in a sentence

  • If the relevant Transaction is not repaid in full by the relevant Due Date, then interest at the Standard Interest Rate is payable from the time the Transaction is debited to your Account until it is repaid in full.

  • Such further discounted interest rates apply only to an entire project using the Standard Interest Rate.

  • This means that the Standard Interest Rate applies to Balance Transfers (subject to paragraph 6.1.4) and debits to your Account of all fees, charges and interest.

  • In this case, the Bank shall terminate the provision of the Banking Services for the relevant Current Account from the date the new Standard Interest Rate takes effect.

  • These Guidelines cover all elected members of Council, all CN employees, any person or organisation contracted to or acting on behalf of CN, any person or organisation employed to work on CN premises or facilities and all Activities of CN.


More Definitions of Standard Interest Rate

Standard Interest Rate has the meaning set forth in Section 2(d)(1) of this Agreement.
Standard Interest Rate means the 2022 Standard Interest Rate, in the case of the 2022 Notes, and the 2026 Standard Interest Rate, in the case of the 2026 Notes.
Standard Interest Rate means the interest rate determined under section 89;
Standard Interest Rate means the base lending rates published from time to time by HSBC Bank plc during any relevant period;
Standard Interest Rate means 10% per annum.
Standard Interest Rate means 0% per annum.
Standard Interest Rate means ten percent (10%) per annum.