Interest Rate Per Annum definition

Interest Rate Per Annum means, for a Timeshare Loan, the interest rate per annum specified for such Timeshare Loan on the Schedule of Timeshare Loans.
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Interest Rate Per Annum. Maturity Date: Dated Date: $ 0.00% Five years from the initial lease up of an eligible tenant and the continued leasing to an eligible tenant. , 2018 FOR VALUE RECEIVED, the undersigned (“Borrower”), in accordance with the provisions of the NLRP Permanent Loan Agreement dated , 2018, (the “NLRP Permanent Loan Agreement”) between the Borrower and Louisiana Housing Corporation (the “Permanent Lender”), promises to pay to the order of the LOUISIANA HOUSING CORPORATION or its successor and assigns on or before the above stated Maturity Date the principal sum of and 00/100 DOLLARS ($ ). Xxxxxxxx has executed this Neighborhood Landlord Rental Program Permanent Loan Promissory Note (the “NLRP Note”) that is to be repaid and may be accelerated under the terms and provisions of the NLRP Permanent Loan Agreement.
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Examples of Interest Rate Per Annum in a sentence

  • Client had subsequently answered the margin call on T+1 and hence his currency deficit charges as follows: Currency Deficit Charges = Margin Call Amount x Interest Rate Per Annum= RM471.44 x [(6.5%) x (1/365)]= RM0.08 Kindly refer Section 11 CFD Working Example’s Calculation of Margin Call for margin call calculation.

  • If we exercise our Call Right, you will be entitled to receive, on the Series Call Date, your Issue Amount and interest on your Issue Amount at an annual rate equal to the Interest Rate Per Annum, if Called, as outlined in the Summary, for the period from the Issue Date of Series to the Series Call Date.

  • You do not have a right or entitlement to the Interest Rate Per Annum, if Called unless and until we exercise our Call Right.Market Disruption and Other Special Circumstances.

  • As indicated above, all of the City Models assume that the City will acquire the facilities identified in its acquisition area and serve the county customers within that area.

  • The Interest Rate Per Annum, if Called is only payable if we exercise our Call Right.

  • Up to the date of issue of this financial information, the HKICPA has issued a number of amendments, new standards and interpretations which are not yet effective for the period ended 30 June 2008 and which have not been adopted in this financial information.

  • Mortgage Characteristics (as of March 1, 2009) PC Assets — Assumed Mortgage Characteristics Principal Balance Remaining Term to Maturity (in months) Loan Age (in months) Per Annum Interest Rate Per Annum Interest Rate of Related PCs$35,714,286 310 43 5.3% 4.5% ARM Assets — Mortgage Characteristics Appendix A lists certain characteristics of the Mortgages underlying the ARM Assets.

  • I received bids for the purchase of the Notes on September 21, 2016 and awarded the Notes on September 21, 2016 and hereby report to the Borough Council as follows:Principal Amount of Series 2016A Notes: $2,412,850 Interest Rate Per Annum on Series 2016A Notes: 1.00% Date of Maturity: October 4, 2017Purchase Price Received for Series 2016A Notes: $2,412,850.00 Name of Purchaser for Series 2016A Notes: Amboy BankIN WITNESS WHEREOF, I have hereunto set my hand this 5th day of October, 2016.

  • Hough, Co., of St. Petersburg, Florida, bearing interest as follow Certificates Maturing Interest Rate Per Annum March 1, 2002 to 2008, inc.

  • The Escrow Agent shall pay to the Registered Owner specified above, or registered assigns, the Principal Amount specified above on the above Principal Component Maturity Date together with interest thereon from the dated date indicated above at the Principal Component Interest Rate Per Annum indicated above, but solely from amounts received from the City pursuant to the Financing Agreement and Escrow Agreement.

Related to Interest Rate Per Annum

  • Interest Rate Period means any Daily Interest Rate Period, Weekly Interest Rate Period, Short-Term Interest Rate Period, Long- Term Interest Rate Period or ARS Interest Rate Period.

  • Interest Rate Cap means any interest rate cap transaction entered into pursuant to the Agreement between Party A and Party B as evidenced by a Confirmation;

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Periodic Interest Rate Cap As to each adjustable rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate on any Adjustment Date pursuant to the terms of the Mortgage Note.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • Rate Period has the meaning set forth in the Statement.

  • LIBOR Interest Rate means the rate per year (rounded upward to the next one-sixteenth (1/16th) of one percent (0.0625%), if necessary) determined by CNB to be the quotient of (a) the LIBOR Base Rate divided by (b) one minus the Eurocurrency Reserve Requirement for the Interest Period; which is expressed by the following formula: LIBOR Base Rate

  • LIBOR Daily Floating Rate means, for any day, a fluctuating rate of interest per annum equal to LIBOR as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by Administrative Agent from time to time), at approximately 11:00 a.m., London time, two (2) London Banking Days prior to such day, for Dollar deposits with a term of one (1) month commencing that day; provided that if the LIBOR Daily Floating Rate shall be less than zero, such rate shall be deemed zero for purposes of the Loan Documents.

  • Base Interest Rate means Bank's initial cost of funding the Fixed Obligations. The Prepayment Fee is calculated as follows: First, Bank determines a "Current Market Rate" based on what the Bank would receive if it loaned the remaining amount on the prepayment date in a wholesale funding market matching maturity, remaining principal and interest amounts and principal and interest payment dates (the aggregate payments received are the "Current Market Rate Amount"). Bank may select any wholesale funding market rate as the Current Market Rate. Second, Bank will take the prepayment amount and calculate the present value of each remaining principal and interest payment which, without prepayment, the Bank would have received during the term of the Fixed Obligations using the Base Interest Rate. The sum of the present value calculations is the "Xxxx to Market Amount." Third, the Bank will subtract the Current Market Rate Amount from the Xxxx to Market Amount. Any amount greater than zero is the Prepayment Fee.

  • Weekly Rate means the interest rate on the Bonds established in accordance with Section 2.03(b) hereof.

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: Rating Base Rate Spread LIBO Rate Spread A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.805 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.915 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.025 % 1.025 % BBB by Standard & Poor’s Baa2 by Moody’s 0.125 % 1.125 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.300 % 1.300 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.300% as to any Base Rate Advance and 1.300% as to any LIBO Rate Advance.

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Fixed Rate Period shall have the meaning in the form of Security set forth in Section 2.1.

  • Overdue Interest Rate means, with respect to any Class, the Interest Rate applicable to such Class.

  • Capped Interest Rate is defined in the Note, if applicable.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.