Common use of Prescribed Rate Clause in Contracts

Prescribed Rate. The Borrower shall pay to the Bank interest at the rate of the foreign currency funding rate plus _____ per centum per annum ( %p.a.) and such rate shall be subject to revision at the absolute discretion of the Bank from time to time with or without notice to the Borrower.

Appears in 1 contract

Samples: General Facility Agreement (Secured Digital Applications Inc)

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Prescribed Rate. The Borrower shall pay to the Bank interest at the rate of the foreign currency funding rate plus _____ per centum per annum ( %(% p.a.) over and above the rate quoted by BNM (currently at ) and such rate shall be subject to revision at the absolute discretion of the Bank from time to time with or without notice to the Borrower.

Appears in 1 contract

Samples: General Facility Agreement (Secured Digital Applications Inc)

Prescribed Rate. The Borrower shall pay to the Bank interest at the rate of the foreign currency funding rate plus _____ per centum per annum ( %(% p.a.) and such rate shall be subject to revision at the absolute discretion of the Bank from time to time with or without notice to the Borrower.

Appears in 1 contract

Samples: General Facility Agreement (Secured Digital Applications Inc)

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Prescribed Rate. The Borrower shall pay to the Bank interest at the rate of the foreign currency funding rate plus _plus____ per centum per annum ( %(% p.a.) and such rate shall be subject to revision at the absolute discretion of the Bank from time to time with or without notice to the Borrower.

Appears in 1 contract

Samples: General Facility Agreement (Secured Digital Applications Inc)

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