Common use of Initial Rate Clause in Contracts

Initial Rate. The unpaid principal balance of this Note from day to day outstanding shall initially bear interest at a rate of ten percent (10.00%) per annum.

Initial Rate. The unpaid principal balance of this Note from day to day outstanding shall initially bear interest at a rate of ten TEN AND THIRTEEN HUNDREDTHS percent (10.0010.13%) per annum.

Initial Rate. The unpaid principal balance of this Note from day to day outstanding shall initially bear interest at a rate of ten percent (10.00%) per annum.

Initial Rate. The Subject to the terms and conditions of this Note, the unpaid principal balance of this Note from day to day outstanding shall initially bear interest at a rate of ten eight percent (10.008.0%) per annum.

Initial Rate. The unpaid principal balance of this Note from day to day outstanding shall initially bear interest at a rate of ten percent (10.00( %) per annum.annum.(1)

Initial Rate. The unpaid principal balance of this Note from day to day outstanding shall initially bear interest at a rate of ten percent (10.00( %) per annum.annum.(3)