Total Interest Rate definition

Total Interest Rate means the sum of Prevailing Interest Rates and Promotional Interest Rates.
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Total Interest Rate means the total interest rate that applies in respect of any tax year, calculated in accordance with the formula—a% + 0.74% = y%where—a% is the average, rounded to the nearest 2 decimal places, of the monthly average 10-year government bond yield
Sample 1
Total Interest Rate means the aggregate of the Prevailing Interest Rates and the Promotional Interest Rates.
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Examples of Total Interest Rate in a sentence

  • The PTO driving the hydraulic system and the PTO driving the blower have now been set.

  • Should the Total Interest Rate change, then Client directs Bank to change the Exchangor Interest Rate and Qualified Intermediary Interest Rate so that they remain in the same proportion as set forth in the Service Application.

  • Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Total Interest Rate Risk Short-Term Investments$ –$ 23,622,667$ –$ 23,622,667Canadian Common Shares72,664,585––$ 72,664,585Options–(494,642)–$ (494,642)Total Investments$ 72,664,585$ 23,128,025$ –$ 95,792,610 Interest rate risk is the risk that changes in interest rates will adversely affect the fair value of a financial instrument.

  • Client agrees to the Exchangor Interest Rate and the Qualified Intermediary Interest Rate, which results in a Total Interest Rate paid by Bank.

  • Interest Bearing Total Interest Rate Sensitivity Gap 220,783,293 The above table provides an indication of the exposure to interest in relation to the company's financial assets.The impact on the income statement for the year ended 31 December 2008 due to a change between an effective interest rate as against an assumption interest rate is immaterial.

  • Constant variables define the fundamental diagram for every mainstream cell also.

  • Foreign Exchange Contracts Year 1 Year 2 Year 3 Total Interest Rate RiskWe are exposed to risk associated with changes in interest rates affecting the return on our cash and cash equivalents and debt.

  • Credit Ratings ProviderMoneyMarket AccountsGuaranteedInvestment Contracts Total Interest Rate RiskInterest rate risk is the risk changes in interest rates may adversely affect the fair value of the portfolio.

  • A motion was made by Bill Myers and seconded by Bill Murray to approve the meeting minutes for April 25, 2018 as amended.

  • Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Total Interest Rate Risk Short-Term Investments$ –$ 699,657$ – $ 699,657Canadian Common Shares62,218,635–– 62,218,635Options–(443,067)– (443,067)Total Investments$ 62,218,635$ 256,590$ – $ 62,475,225 Interest rate risk is the risk that changes in interest rates will adversely affect the fair value of a financial instrument.


More Definitions of Total Interest Rate

Total Interest Rate means the sum of the (real) base
Sample 1
Total Interest Rate means a per annum rate of interest equal to the sum of the Cash Interest Rate and the applicable interest rate per annum attributable to Principal Increases and OID. Total Term Loan Commitment shall mean, on any day, the aggregate of all of the Lenders’ Term Loan Commitments on such day. As of the Closing Date, the Total Term Loan Commitment is $43,000,000. Transferee shall mean any Assignee or Participant.
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Related to Total Interest Rate

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

  • Capped Interest Rate is defined in the Note, if applicable.

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Floating Interest Rate means the variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the 5th decimal place if necessary) plus the Margin. However, in no event will the Floating Interest Rate exceed the Capped Interest Rate.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Initial Interest Rate means, as of any date of determination, (a) with respect to each A Note, the Initial Note A Interest Rate and (b) with respect to each B Note, the Initial Note B Interest Rate.

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Variable Interest Rate means any interest rate that does not qualify as a fixed credit interest rate;

  • Applicable Interest Rate means (i) with respect to any Fixed Rate Indebtedness, the fixed interest rate applicable to such Fixed Rate Indebtedness at the time in question, and (ii) with respect to any Floating Rate Indebtedness, either (x) the rate at which the interest rate applicable to such Floating Rate Indebtedness is actually capped (or fixed pursuant to an interest rate hedging device), at the time of calculation, if Borrower has entered into an interest rate cap agreement or other interest rate hedging device with respect thereto or (y) if Borrower has not entered into an interest rate cap agreement or other interest rate hedging device with respect to such Floating Rate Indebtedness, the greater of (A) the rate at which the interest rate applicable to such Floating Rate Indebtedness could be fixed for the remaining term of such Floating Rate Indebtedness, at the time of calculation, by Borrower’s entering into any unsecured interest rate hedging device either not requiring an upfront payment or if requiring an upfront payment, such upfront payment shall be amortized over the term of such device and included in the calculation of the interest rate (or, if such rate is incapable of being fixed by entering into an unsecured interest rate hedging device at the time of calculation, a fixed rate equivalent reasonably determined by Administrative Agent) or (B) the floating rate applicable to such Floating Rate Indebtedness at the time in question.

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Base Interest Rate means Bank's initial cost of funding the Fixed Obligations. The Prepayment Fee is calculated as follows: First, Bank determines a "Current Market Rate" based on what the Bank would receive if it loaned the remaining amount on the prepayment date in a wholesale funding market matching maturity, remaining principal and interest amounts and principal and interest payment dates (the aggregate payments received are the "Current Market Rate Amount"). Bank may select any wholesale funding market rate as the Current Market Rate. Second, Bank will take the prepayment amount and calculate the present value of each remaining principal and interest payment which, without prepayment, the Bank would have received during the term of the Fixed Obligations using the Base Interest Rate. The sum of the present value calculations is the "Xxxx to Market Amount." Third, the Bank will subtract the Current Market Rate Amount from the Xxxx to Market Amount. Any amount greater than zero is the Prepayment Fee.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Cash Interest Rate means the Federal Funds Effective Rate - the rate for that day opposite the caption “Federal Funds (Effective)” as set forth in the weekly statistical release designated as H.15 (519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Class A-2a Interest Rate means [●]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • Interest Rate Cap means a Cap.

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.