the Interest Rate definition
the Interest Rate means 5% over the base rate of Lloyds Bank Plc from
the Interest Rate means the law society interest rate of 4% above the Bank of England base rate.
the Interest Rate means the fixed interest rate per annum specified as such in item 2.2 of the Schedule;
Examples of the Interest Rate in a sentence
In the event Interest Rate is modified, then in such event such revised rate of Interest would be deemed to be the Interest Rate payable by the Borrower in respect of the Facility.
The Loan Amount shall accrue interest at the rate of 5% per annum, calculated on the outstanding balance and compounded quarterly (the "Interest Rate").
The Tenant must pay interest at the Interest Rate on any of the Rent or other sums due under this Lease that are not paid by the due date, whether formally demanded or not.
More Definitions of the Interest Rate
the Interest Rate means the rate of interest charged by First National Bank Limited or its successors in respect of overdrafts granted to its most favoured customers from time to time plus 2 (two) percentage points; a certificate by any manager or accountant (whose appointment it shall not be necessary to prove) or any branch of the said bank shall be conclusive proof of the Prime Rate from time to time;
the Interest Rate means the rate (to apply as well after as before any Judgement) equal to the rate from time to time charged by the European Inter Bank offered rate (EURIBOR) (overdraft) rate increased by 2%. If at any time during the currency of this demise it shall not be possible to calculate the rate of interest then the rate of 12% shall apply.
the Interest Rate means the rate of Four per centum per annum above the base rate from time to time of The Royal Bank of Scotland PLC
the Interest Rate. Is As Follows:[_] If checked here, the interest rate provided herein shall be computed on the basis of a 365 day year and shall be calculated for the actual number of days elapsed. If not checked, the interest rate shall be computed on the basis of a 360 day year and shall be calculated for the actual number of days elapsed. Variable Interest Rate [_] Not applicable [X] Applicable, provided however that the interest rate charged hereunder shall never exceed the maximum rate allowed, from time to time, by law. If this loan is for a consumer purpose and is secured by a dwelling, the maximum interest rate charged will never exceed 18% per annum or the state usury ceiling, whichever is less. If applicable, the interest rate stated herein shall, from time to time, automatically increase or decrease so that at all times it shall be equivalent to (check appropriate box and complete): [_] _______% over the annual interest rate announced by________________________, from time to time, as the prime rate (which interest rate is only a bench ▇▇▇▇, is purely discretionary and is not necessarily the best or lowest rate charged borrowing customers of any subsidiary bank of Sun Banks, Inc.). Any such change in prime rate will increase or decrease your periodic interest payments. Any change in prime rate shall be effective at the beginning of the business day on which such change is announced; or, [X] as set forth in the Loan Agreement in Section 2(c). FIXED RATE [_] Applicable at___________% per annum, simple interest. [X] Not Applicable.
the Interest Rate means the rate of 2% a year above the base lending rate of Lloyds Bank plc
the Interest Rate means the Law Society Interest Rate from time to time or such equivalent rate as the Landlord may reasonably decide should such rate be unavailable for calculation.
the Interest Rate means the rate of four per cent above the base lending rate of Barclays Bank plc or such other bank being a member of the British Bankers Association as the Landlord may from time to time nominate in writing The Land means the land known as The ▇▇▇▇ ▇▇▇▇▇▇▇▇ Memorial Playing Field, Helmsley Recreation Ground, Baxtons Sprunt, Helmsley, York, YO62 5HT shown for the purpose of identification only edged red on the Plan attached to this lease. The expression the Land includes: