Initial Interest Rate definition

Initial Interest Rate means, as of any date of determination, (a) with respect to each A Note, the Initial Note A Interest Rate and (b) with respect to each B Note, the Initial Note B Interest Rate.

Initial Interest Rate for a particular Floating Rate Note shall mean the interest rate specified in the applicable Company Order as in effect from the Original Issue Date of such Floating Rate Note to its first Interest Reset Date. INITIAL REDEMPTION DATE:

Initial Interest Rate has the meaning set forth in Section 2.02(a) hereof.

Examples of Initial Interest Rate in a sentence

• However: (a) the interest rate in effect for the period from the Original Issue Date to the Initial Interest Reset Date will be the Initial Interest Rate; and (b) the interest rate in effect for the ten calendar days immediately prior to a Maturity Date shall be that in effect on the tenth calendar day preceding such Maturity Date, unless otherwise specified in the applicable Final Terms.

• Rate of Interest means the Initial Interest Rate or the Reset Rate.

• Fixed Reset Provisions:[Applicable/Not Applicable] (If not applicable, delete the remaining subparagraphs of this paragraph) (a) Initial Interest Rate:[ ] per cent.

• Commencing on the first Interest Reset Date, the rate at which interest on such Regular Floating Rate Note shall be payable shall be reset as of each Interest Reset Date; provided, however, that the interest rate in effect for the period from the date of issue to but excluding the first Interest Reset Date will be the Initial Interest Rate.

• Commencing on the Initial Interest Reset Date, the rate at which interest on this Note is payable shall be reset as of each Interest Rate Reset Date specified on the face hereof (or, if this Note is in global form, in the Pricing Supplement); provided, however, that the interest rate in effect for the period from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate.

More Definitions of Initial Interest Rate

Initial Interest Rate means, in a credit transaction with an interest rate that changes over time and that cannot be calculated in advance for the entire term of the transaction, the rate that would be in effect at the time a disclosure is made, assuming the recipient accepted the financing offer.

Initial Interest Rate. The term "

Initial Interest Rate means the annual rate of interest applicable to the Notes during the Initial Interest Rate Period.

Initial Interest Rate shall, with respect to any Note, have the meaning assigned to such term in the Mortgage Loan Agreement.

Initial Interest Rate means [ ]% per annum.

Initial Interest Rate has the meaning set forth in Section 2.1(e).

Initial Interest Rate means the initial Rate of Interest either specified or calculated in accordance with the provisions hereon;