Guaranteed Interest Rate is the effective annual interest rate we will credit for a specified Guarantee Period. The Guaranteed Interest Rate will never be less than the minimum shown in the Schedule.
Guaranteed Interest Rate means the lowest rate of interest which an insurer may pay under the terms of a policy during the duration of the policy.
Guaranteed Interest Rate. The effective annual interest rate which we will credit for a specified Guarantee Period.
Examples of Guaranteed Interest Rate in a sentence
In each Transaction, the Lender shall require that, on each Interest Payment Date, the Borrower shall pay interest on all amounts disbursed and outstanding from time to time under the Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.
More Definitions of Guaranteed Interest Rate
Guaranteed Interest Rate means the effective annual rate at which interest accrues on amounts allocated to the Guaranteed Interest Option.
Guaranteed Interest Rate means the effective annual rate at which interest accrues on the amount in the Guaranteed Interest Division. The initial rate to apply is shown on page 3 of this Contract. Section 2.03 describes the determination of the Rate to apply thereafter.
Guaranteed Interest Rate. The rate of interest credited by the Company on a compound annual basis during any Guarantee Period.
Guaranteed Interest Rate means the rate at which interest is payable by the Borrower on the Guaranteed Obligation under the terms of the Loan Agreement; provided, however, that the Guaranteed Interest Rate shall not include any amount of Default Interest.
Guaranteed Interest Rate means, with respect to each Credit, the rate of interest specified in the relevant Ex-Im Bank Approval; provided, that if an alternative interest rate becomes applicable (a) in connection with an exercise of an Interest Rate Switch, or (b) as authorized by Ex-Im Bank in the relevant Ex-Im Bank Approval (or an amendment thereto); then in each such case the Guaranteed Interest Rate shall mean such alternative rate.3
Guaranteed Interest Rate means the effective annual rate(s) at which interest accrues on amounts in the Guaranteed Interest Account as described in Section 2.01. (If a Certificate uses the term "Guaranteed Rate Account" to refer to the Guaranteed Interest Account, then any reference in this Contract to the Guaranteed Interest Account will be deemed to mean the "Guaranteed Rate Account" described in such Certificate.)
Guaranteed Interest Rate means the effective annual rates at which interest accrues on the amount allocated to the Guaranteed Interest Option.