Examples of Initial Rate in a sentence
Contract years are successive 12 month periods computed from the end of the Initial Rate Guarantee Period.
We and the Policyholder or the Employer mutually agree to change Premium Rates.Except as provided above, Premium Rates will not be changed during the Initial Rate Guarantee Period shown in Coverage Features.
We and the Policyholder mutually agree to change Premium Rates.Except as provided above, Premium Rates will not be changed during the Initial Rate Guarantee Period shown in the Coverage Features.
Fixed Rate Reset Notes will initially bear interest at the Initial Rate of Interest until (but excluding) the First Reset Date.
Reset Notes will initially bear interest at the relevant Initial Rate of Interest until (but excluding) the relevant First Reset Date.