Basic Rules for Determining Interest Rates Sample Clauses

Basic Rules for Determining Interest Rates. 2.1.1 The interest rate shall be agreed upon by the borrower in the Application for Use of the Loan Limit of the Bank of Communications (hereinafter referred to as the "Application for Limit Use ") after negotiation between the two parties. Unless both parties agree on a specific amount of interest rate in the Application for Limit Use, the specific interest rate of each loan shall be determined according to the type of benchmark interest rate agreed in the Application for Limit Use, the date of application of the base interest rate, the floating range / plus (minus) value of the interest rate, floating rules of interest rate, floating cycle of interest rate, floating cycle unit of interest rate and the specific date from which the floating begins (if necessary).
Sample 1
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Basic Rules for Determining Interest Rates. 3.1.1 The loan interest rate under this contract is based on the loan market quoted rate (LPR) as the pricing benchmark, and is based on the loan market quoted rate (LPR) plus (minus) points (1 basis point is 0.01%, 1% That is, 100 basis points), and the interest rate shall be agreed upon in the Quota Use Application after negotiation between the two parties each time the quota is used. If both parties agree to apply a fixed interest rate in the “Application for Quota Use”, and the specific value is recorded in the fixed interest rate value column, the specific interest rate of each loan shall be subject to the value recorded in the fixed interest rate value column in the “Quota Use Application Form”. These specific values ​​are based on the specific value of the loan market quoted interest rate (LPR) applicable on the applicable date of the pricing benchmark agreed in the “Application for Quota Use” (hereinafter referred to as “LPR value”), according to the “Application for Use of Quota”. The plus (minus) point value is determined. If the fixed interest rate value column does not record the specific value, the specific interest rate of each loan shall be based on the LPR value applicable on the applicable date of the pricing benchmark agreed in the Application for Quota Use, plus (minus) agreed in the Application for Quota Use. ) point value is determined. If both parties agree on the application of floating interest rates in the Quota Use Application, the specific interest rate for each loan shall be based on the LPR value applicable on the applicable date of the pricing benchmark agreed in the Quota Use Application, and according to the Quota Use Application. The value of plus (minus) points, interest rate floating rules, interest rate floating cycle, interest rate sequential movement cycle unit and the floating start date of a specific date (if necessary) are determined.
Sample 1
Basic Rules for Determining Interest Rates. 3.1.1 The annual interest rate (simple interest) of the loan under this contract shall be agreed upon by both parties in the “Credit Line Application” after negotiation each time the credit line is used. If the annual interest rate is determined based on the pricing benchmark, the annual interest rate shall be calculated based on the pricing benchmark agreed in the “Credit Line Application” plus (minus) points (1 basis point is 0.01%, 1 percentage point is 100 basis points).
Sample 1

Related to Basic Rules for Determining Interest Rates

  • Basis for Determining Interest Rate Inadequate or Unfair In the event that Agent or any Lender shall have determined that:

  • Performance Adjustment Rate Except as otherwise provided in sub-paragraph (e) of this paragraph 3, the Performance Adjustment Rate is 0.02% for each percentage point (the performance of the Portfolio and the Index each being calculated to the nearest .01%) that the Portfolio's investment performance for the performance period was better or worse than the record of the Index as then constituted. The maximum performance adjustment rate is 0.20%. For purposes of calculating the performance adjustment of the portfolio, the portfolio's investment performance will be based on the performance of the retail class. The performance period will commence with the first day of the first full month following the retail class's commencement of operations. During the first eleven months of the performance period for the retail class, there will be no performance adjustment. Starting with the twelfth month of the performance period, the performance adjustment will take effect. Following the twelfth month a new month will be added to the performance period until the performance period equals 36 months. Thereafter the performance period will consist of the current month plus the previous 35 months. The Portfolio's investment performance will be measured by comparing (i) the opening net asset value of one share of the retail class of the Portfolio on the first business day of the performance period with (ii) the closing net asset value of one share of the retail class of the Portfolio as of the last business day of such period. In computing the investment performance of the retail class of the Portfolio and the investment record of the Index, distributions of realized capital gains, the value of capital gains taxes per share paid or payable on undistributed realized long-term capital gains accumulated to the end of such period and dividends paid out of investment income on the part of the Portfolio, and all cash distributions of the securities included in the Index, will be treated as reinvested in accordance with Rule 205-1 or any other applicable rules under the Investment Advisers Act of 1940, as the same from time to time may be amended.

  • Inability to Determine Applicable Interest Rate In the event that Administrative Agent shall have determined (which determination shall be final and conclusive and binding upon all parties hereto), on any Interest Rate Determination Date with respect to any Eurodollar Rate Loans, that by reason of circumstances affecting the London interbank market adequate and fair means do not exist for ascertaining the interest rate applicable to such Loans on the basis provided for in the definition of Adjusted Eurodollar Rate, Administrative Agent shall on such date give notice (by telefacsimile or by telephone confirmed in writing) to Borrower and each Lender of such determination, whereupon (i) no Loans may be made as, or converted to, Eurodollar Rate Loans until such time as Administrative Agent notifies Borrower and Lenders that the circumstances giving rise to such notice no longer exist, and (ii) any Funding Notice or Conversion/Continuation Notice given by Borrower with respect to the Loans in respect of which such determination was made shall be deemed to be rescinded by Borrower.

  • Calculation of CP Costs On the third Business Day immediately preceding each Settlement Date, each Conduit shall calculate the aggregate amount of its Conduit Costs for the related Settlement Period and shall notify Seller of such aggregate amount.

  • Applicable Interest Rates (a) U.S.

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