Current Interest Rate means the interest rate set out in Item 8 of the Schedule or such other rate as the Bank may hereafter fix from time to time.
Current Interest Rate means the sum of (i) the Base Rate and (ii) the Interest Rate Spread; provided, that the Current Interest Rate shall not exceed the highest lawful rate and may be reduced in accordance with Section 2.2(e).
Current Interest Rate. A Current Interest Rate is credited to the General Account. The initial Current Interest Rate is in effect for the initial Guarantee Period. The initial Current Interest Rate is shown on the Data Page. The Current Interest Rate for a renewal Guarantee Period may change. A Current Interest Rate will never be less than the Minimum Guaranteed Interest Rate.
Examples of Current Interest Rate in a sentence
Loan Term and Amortization Type Numeric – Decimal 248951.19 9(10).99 Always >= 0 36 Current Interest Rate The interest rate used to calculate the current P&I or I/O payment.
A Contract Option within the Fixed Account that specifies a fixed period for which the Company credits the Current Interest Rate.
To view the current maximum deposit insurance see the Current Interest Rate page for ICA or DCA (as applicable) on XXX.xxx.
A Contract Option within the Fixed Account for a specific period under which the Current Interest Rate will be credited.
Amounts in the Fixed Account Option You select will earn interest at that option's Current Interest Rate during the Fixed Account Option period.
More Definitions of Current Interest Rate
Current Interest Rate means (x) the rate of 5% per annum from July __, 2003 until July __, 2008, and (y) the rate of 8% per annum thereafter.
Current Interest Rate means an annual rate at all times equal to the sum of (a) the Adjusted Base Rate and (b) 3.00% per annum, which Current Interest Rate shall change when and as the Adjusted Base Rate changes; provided, however, that during any Default Period, the Current Interest Rate shall equal the Default Rate.
Current Interest Rate means ten percent (10%) per annum.
Current Interest Rate set forth in Section 1.1. of the Financing Agreement is hereby amended by deleting such definition in its entirety and substituting the following therefor (changes are in italics):