Prescribed Interest Rate definition

Prescribed Interest Rate means the Bank Bill Rate plus an annual interest rate of 3 percent per annum.

Prescribed Interest Rate means the rate determined by the Directors for the purpose of this constitution, and in the absence of a determination means the daily buying rate displayed at or about 10:30am (Sydney, New South Wales time) on the Xxxxxx screen BBSW page for Australian bank bills of a three month duration;

Prescribed Interest Rate means, with respect to any period, a rate of interest which is three (3) percentage points per annum above the rate of interest per annum established by the Landlord's Bank, as a reference rate of interest to determine the interest rates such bank will charge for Canadian dollar commercial loans to its customers in Canada and which such bank quotes or publishes as its "prime rate".

Examples of Prescribed Interest Rate in a sentence

• Where applicable, interest on unpaid amounts due under this Haulage Contract will be calculated daily at the Prescribed Interest Rate, from and including the date by which the payment was due until but excluding the date of full and final payment.

• Any combination of cash and deferred equal monthly payments not to exceed one hundred eighty (180) months in duration, together with interest thereon at the Prescribed Interest Rate from the Effective Date of Transfer.

• Where applicable, interest on unpaid amounts due under this Service Agreement will be calculated daily at the Prescribed Interest Rate, from and including the date by which the payment was due until but excluding the date of full and final payment.

• Any combination of cash and deferred equal monthly payments over a period not to exceed one hundred eighty (180) months, with interest thereon at the Prescribed Interest Rate from the Effective Date of Transfer.

• If any amount payable under this Agreement is not paid by the due date, such amount will accrue interest, calculated daily at the Prescribed Interest Rate between the due date for payment and the date on which payment is actually made.

More Definitions of Prescribed Interest Rate

Prescribed Interest Rate means the rate determined by the Directors for the particular purpose or generally under this document, including any revised rate or new determination, and in the absence of a determination means a rate of 12% per annum.

Prescribed Interest Rate means the rate that exceeds, by two per centum per annum, the commercial bank lending rate for the time being determined by the Bank of Zambia, except where the Minister, by statutory order, determines a lower rate;

Prescribed Interest Rate means the maximum rate of interest (as published in major Australian daily newspapers) charged in Australia by the Commonwealth Bank of Australia (or its successor) on overdraft accounts as at any day on which interest accrues or such other rate of interest as may be prescribed by the Board from time to time and for the purpose or purposes prescribed by the Board;

Prescribed Interest Rate has the meaning ascribed to that term under the Late Payment of Government Debts (interest) Act 2013 (SA);

Prescribed Interest Rate means a rate which is 4 per centum per annum above the base rate of Barclays Bank plc current from time to time;

Prescribed Interest Rate means the rate determined by the Directors for the purpose of this Constitution, and in the absence of a determination means 10% per annum.

Prescribed Interest Rate means the maximum rate of interest (as published in major Australian daily newspapers) charged in Australia by the Commonwealth Bank of Australia (or its successor) on overdraft accounts as at any day on which interest accrues or such other rate of interest as may be prescribed in the Regulations or otherwise determined by the Responsible Entity;