Declared Interest Rate definition

Declared Interest Rate means the interest rate declared on Taiwan Life's website on the first of each month for the purpose of computing annuity policy value for the following policy year of this contract. Where the declared interest rate shall not be negative; and shall be determined based upon the portfolio return of investable funds on similar product less relative costs along with reference of the market interest rate.
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Declared Interest Rate means the interest rate declared on Taiwan Life’s website on the first of each month for the purpose of computing the value-added bonus. Where the declared interest rate shall be determined based upon the portfolio return of investable funds on similar product less relative costs along with reference of the market interest rate.
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Declared Interest Rate means the interest rate declared by Us. The actual amount of the Declared Interest Rate is published by Us on the Business Premises and Internetbanking. The Declared Interest Rate is valid on the day that it is published, unless a different date is stated in the notification. “Statement” means an overview of payment operations, Card Transactions, all fees and other credit or debit operations on the Account.
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Examples of Declared Interest Rate in a sentence

  • The Declared Interest Rate may be changed by J&T Banka during the Deposit with a Notice Period.

  • Participants can have Purchase Payments allocated to the Fixed Account in accordance with the attached Declared Interest Rate Fixed Account Endorsement.

  • We determine Account Value during the first year of any Subsequent Term based on the Account Value upon the completion of the previous Term and the new Declared Interest Rate for that Subsequent Term.

  • J&T Banka will pay interest on Deposits with a Notice Period at the currently valid Declared Interest Rate for the type of Deposit with a Notice Period otherwise.

  • In the first year of each Term only, the credited interest rate received on the Contract will be the Declared Interest Rate that is not linked to the CPI-U.

  • For any Contract Year, transfers out of the Declared Interest Rate Fixed Account are limited in amount to 30% of the Contract Value allocated to such account at the time of the first transfer in that Contract Year.

  • The interest credited on any given day will be at a rate that, if compounded daily for one year, would equal the Declared Interest Rate as determined by us, as shown on the Specifications Page.

  • If no such interest rate is declared in any given month, the Declared Interest Rate of the preceding month will be the Declared Interest Rate of the current month.

  • For recurring Term Deposits, J&T Banka may pay interest on the Deposit at the current Declared Interest Rate for the relevant Deposit type valid on the first day of the new duration of the Deposit from the first day of the next duration of the Deposit.

  • Meanwhile, it continued its policy of relations with the Western Türks’ enemy, the Avars.


More Definitions of Declared Interest Rate

Declared Interest Rate means the rate of interest determined by the Board at the end of each year in accordance with the terms of clause 19.
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Declared Interest Rate means the interest rate agreed in the Interest rate table Published by the Bank, unless part of the contractual agreement about the interest rate constitutes a part of the Product conditions and which the Bank is authorised to amend unilaterally.
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Declared Interest Rate means the interest rate declared under section 41 of the Act, and includes an interim rate fixed by the Investment Board for the purpose of crediting interest to a member's accumulation account before paying out the balance of that account;
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Related to Declared Interest Rate

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

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

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

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

  • Stated Interest Rate means with respect to (i) the Class AA Certificates, 3.15% per annum, (ii) the Class A Certificates, 3.50% per annum and (iii) the Class B Certificates, 3.85% per annum.

  • Class E Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class B Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

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

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • 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.

  • 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.

  • Class D Interest Rate means 3.49% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Additional Interest Rate With respect to any ARD Loan after its Anticipated Repayment Date, the incremental increase in the per annum rate at which such Mortgage Loan accrues interest after the Anticipated Repayment Date (in the absence of defaults) as calculated and as set forth in the related Mortgage Loan documents.

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

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

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

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • Class A Interest Rate has the meaning assigned to such term in the Indenture.

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • 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.

  • Mortgage Interest Rate The annual rate of interest borne on a Mortgage Note.

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