Common use of Initial Interest Rate Clause in Contracts

Initial Interest Rate. For the Initial Rate Period, the Bonds shall bear interest at the Initial Interest Rate.

Appears in 7 contracts

Samples: Trust Indenture (Performance Food Group Co), Trust Indenture (Lower Road Associates LLC), Trust Indenture (Laralev Inc)

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Initial Interest Rate. For the Initial Rate Period, the Bonds shall bear interest at the Initial Interest Rate. Anything herein to the contrary notwithstanding, in no event shall the interest rate borne by the Bonds exceed the maximum contract rate of interest permitted by the laws of the State.

Appears in 1 contract

Samples: Trust Indenture (Sterile Recoveries Inc)

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