Common use of FINANCING RATE Clause in Contracts

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 percent per annum and the Grant Allocation Assessment rate is 0.36 percent per annum. However, if this Agreement is not executed by the Local Government and returned to the Department before April 1, 2021, the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 percent per annum and the Grant Allocation Assessment rate is 0.36 1.27 percent per annum. However, if this Agreement is not executed by the Local Government Project Sponsor and returned to the Department before April January 1, 20212020, the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 percent per annum and the Grant Allocation Assessment rate is 0.36 0.56 percent per annum. However, if this Agreement is not executed by the Local Government Borrower and returned to the Department before April July 1, 20212017, the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 percent per annum and the Grant Allocation Assessment rate is 0.36 0.07 percent per annum. However, if this Agreement is not executed by the Local Government Project Sponsor and returned to the Department before April October 1, 20212020, the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 percent per annum and the Grant Allocation Assessment rate is 0.36 0.96 percent per annum. However, if this Agreement is not executed by the Local Government Project Sponsor and returned to the Department before April January 1, 2021, the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 1.04 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 0.52 percent per annum and the Grant Allocation Assessment rate is 0.36 0.52 percent per annum. However, if this Agreement is not executed by the Local Government and returned to the Department before April January 1, 2021, 2018 the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 percent per annum and the Grant Allocation Assessment rate is 0.36 1.02 percent per annum. However, if this Agreement is not executed by the Local Government Project Sponsor and returned to the Department before April 1, 20212019, the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 0.43 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 0.215 percent per annum and the Grant Allocation Assessment rate is 0.36 0.215 percent per annum. However, if this Agreement is not executed by the Local Government Borrower and returned to the Department before April July 1, 20212018, the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.

FINANCING RATE. The Financing Rate on the unpaid principal of the Loan amount specified in Section 10.01 is 0.72 0.00 percent per annum. The Financing Rate equals the sum of the interest rate and the Grant Allocation Assessment Rate. The interest rate is 0.36 0.00 percent per annum and the Grant Allocation Assessment rate is 0.36 0.00 percent per annum. However, if this Agreement is not executed by the Local Government and returned to the Department before April January 1, 2021, 2017 the Financing Rate may be adjusted. A new Financing Rate shall be established for any funds provided by amendment to this Agreement.