Annual Percentage Rates Sample Clauses

Annual Percentage Rates. The Annual Percentage Rate of each Receivable is not less than 0.00% and not greater than 29.99%.
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Annual Percentage Rates. Annual Percentage Rate or APR means the annual rate of interest charged on Account balances. The APRs and corresponding Daily Periodic Rates for your Account are listed in the Interest Rate and Fee Schedule. To get the Daily Periodic Rate, we divide the APR by 365 and round at the seventh place after the decimal point. We may charge different Daily Periodic Rates and APRs on different Account transactions (such as purchases, cash advances and balance transfers) or during special promotional periods.
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Annual Percentage Rates. The APR for purchases is based on a monthly “Prime Rate” plus a margin. The Standard APR is determined by adding 23.74% to the Prime Rate. The Penalty APR is determined by adding 26.74% to the Prime Rate. The corresponding daily periodic rates are 1/365th (1/366th for a leap year) of the then current APR. The applicable APRs at the time of account opening are displayed in the Current Rate Schedule immediately preceding this Agreement. Subsequent applicable APRs will appear in the monthly billing statement. The APRS may change. Please see paragraph 10 for details relating to how these rates may change, including if you default under this Agreement.
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Annual Percentage Rates. The Annual Percentage Rate of each Receivable shall be not less than 1.80% and not greater than 20.00%. With respect to the Additional Receivables purchased on a Subsequent Transfer Date during the Revolving Period, the weighted Annual Percentage Rate of the Additional Receivables purchased on such Subsequent Transfer Date shall not be less than 7.53%.
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Annual Percentage Rates. The APR to be charged on purchases with a Card shall be variable based on the Prime Rate on the first or last day of a Month (as determined by Household) plus 15.9% (but not lower than 21.9%) for the Standard APR, or the Prime Rate plus 19.9% (but not lower than 25.9%) for the Default APR. Notwithstanding the foregoing, the APR shall not exceed the maximum interest rate allowable by Applicable Law and shall be subject to change from time to time by Household; provided, however, that Household shall provide Merchant with 30 days’ prior written notice of any such change and the right to review all appropriate reports and other information detailing Household’s basis for such proposed change.
Sample 1
Annual Percentage Rates. The APR for purchases is based on a monthly “Prime Rate” plus a margin. The Standard APR is determined by adding 23.74% to the Prime Rate. The corresponding daily periodic rates are 1/365th (1/366th for a leap year) of the then current APR. The applicable APRs at the time of account opening are displayed in the Current Rate Schedule immediately preceding this Agreement. Subsequent applicable APRs will appear in the monthly billing statement. The APRS may change. Please see paragraph 11 for details relating to how these rates may change.
Sample 1

Related to Annual Percentage Rates

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Minimum Amounts and Maximum Number of Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

  • Maximum or Minimum Interest Rate If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate. If a Maximum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever exceed such Maximum Interest Rate and in the event that the interest rate on any Interest Reset Date would exceed such Maximum Interest Rate (as if no Maximum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Maximum Interest Rate. If a Minimum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever be less than such Minimum Interest Rate and in the event that the interest rate on any Interest Reset Date would be less than such Minimum Interest Rate (as if no Minimum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Minimum Interest Rate. Notwithstanding anything to the contrary contained herein, the interest rate on a Floating Rate Note shall not exceed the maximum interest rate permitted by applicable law.

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

  • Number and Amount of LIBOR Loans; Determination of Rate Each Borrowing of LIBOR Loans when made shall be in a minimum amount of $5,000,000, plus any increment of $1,000,000 in excess thereof. No more than four Borrowings of LIBOR Loans may be outstanding at any time, and all LIBOR Loans having the same length and beginning date of their Interest Periods shall be aggregated together and considered one Borrowing for this purpose. Upon determining LIBOR for any Interest Period requested by Borrowers, Agent shall promptly notify Borrowers thereof by telephone or electronically and, if requested by Borrowers, shall confirm any telephonic notice in writing.

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

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