Common use of Blended interest rate Clause in Contracts

Blended interest rate. This is an interest rate that we work out when we make a new loan under section 9.11.1.2 or 9.12.1. We use two interest rates: The first rate is the interest rate before we make the new loan. We apply this rate to what is owed just before we make the new loan. The second rate is our posted interest rate, when you and we enter into the agreement for us to make the new loan, for a fixed rate closed term that is closest in length to the time remaining in the existing term of the loan. We apply this rate only to the additional amount that we're to lend under the new loan. We then pro-rate these rates, and the result is the blended interest rate.

Blended interest rate. This is an interest rate that we work out when we make a new loan under section 9.11.1.2 5.11.1.2 or 9.12.15.12.1. We use two interest rates:  The first rate is the interest rate before we make the new loan. We apply this rate to what is owed just before we make the new loan.  The second rate is our posted interest rate, when you and we enter into the agreement for us to make the new loan, for a fixed rate closed term that is closest in length to the time remaining in the existing term of the loan. We apply this rate only to the additional amount that we're to lend under the new loan. We then pro-rate these rates, and the result is the blended interest rate.

Blended interest rate. This is an interest rate that we work out when we make a new loan under section 9.11.1.2 5.11.1.2 or 9.12.15.12.1. We use two interest rates: • The first rate is the interest rate before we make the new loan. We apply this rate to what is owed just before we make the new loan. • The second rate is our posted interest rate, when you and we enter into the agreement for us to make the new loan, for a fixed rate closed term that is closest in length to the time remaining in the existing term of the loan. We apply this rate only to the additional amount that we're to lend under the new loan. We then pro-rate these rates, and the result is the blended interest rate.

Blended interest rate. This is an interest rate that we work out when we make a new loan under section 9.11.1.2 7.11.1.2 or 9.12.17.12.1. We use two interest rates: The first rate is the interest rate before we make the new loan. We apply this rate to what is owed just before we make the new loan. The second rate is our posted interest rate, when you and we enter into the agreement for us to make the new loan, for a fixed rate closed term that is closest in length to the time remaining in the existing term of the loan. We apply this rate only to the additional amount that we're to lend under the new loan. We then pro-rate these rates, and the result is the blended interest rate.

Blended interest rate. This is an interest rate that we work out when we make a new loan under section 9.11.1.2 10.11.1.2 or 9.12.110.12.1. We use two interest rates: The first rate is the interest rate before we make the new loan. We apply this rate to what is owed just before we make the new loan. The second rate is our posted interest rate, when you and we enter into the agreement for us to make the new loan, for a fixed rate closed term that is closest in length to the time remaining in the existing term of the loan. We apply this rate only to the additional amount that we're to lend under the new loan. We then pro-rate these rates, and the result is the blended interest rate.

Blended interest rate. This is an interest rate that we work out when we make a new loan under section 9.11.1.2 8.11.1.2 or 9.12.18.12.1. We use two interest rates: The first rate is the interest rate before we make the new loan. We apply this rate to what is owed just before we make the new loan. The second rate is our posted interest rate, when you and we enter into the agreement for us to make the new loan, for a fixed rate closed term that is closest in length to the time remaining in the existing term of the loan. We apply this rate only to the additional amount that we're to lend under the new loan. We then pro-rate these rates, and the result is the blended interest rate.