Common use of Interest and Interest Rates Clause in Contracts

Interest and Interest Rates. The interest rate under the agreement and the total amount of interest you will pay for the full term of the agreement are set out in the attached disclosure statement. The interest rate at the time you enter into the agreement is fixed for the whole term of the agreement and will not change. BMW may charge you a default rate of interest which is 5% higher than the interest rate in your agreement if you do not make any payments when they are due. 622KFL11

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Interest and Interest Rates. The interest rate under the agreement and the total amount of interest you will pay for the full term of the agreement are set out in the attached disclosure statement. The interest rate at the time you enter into the agreement is fixed for the whole term of the agreement and will not change. BMW may charge you a default rate of interest which is 5% higher than the interest rate in your agreement if you do not make any payments when they are due. 622KFL11V5Jan22

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Interest and Interest Rates. The interest rate under the agreement and the total amount of interest you will pay for the full term of the agreement are set out in the attached disclosure statement. The interest rate at the time you enter into the agreement is fixed for the whole term of the agreement and will not change. BMW may charge you a default rate of interest which is 5% higher than the interest rate in your agreement if you do not make any payments when they are due. 622KFL11V3DEC19

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Interest and Interest Rates. The interest rate under the agreement and the total amount of interest you will pay for the full term of the agreement are set out in the attached disclosure statement. The interest rate at the time you enter into the agreement is fixed for the whole term of the agreement and will not change. BMW may charge you a default rate of interest which is 5% higher than the interest rate in your agreement if you do not make any payments when they are due. 622KFL11V2DEC18

Appears in 1 contract

Samples: Loan Agreement

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Interest and Interest Rates. The interest rate under the agreement and the total amount of interest you will pay for the full term of the agreement are set out in the attached disclosure statement. The interest rate at the time you enter into the agreement is fixed for the whole term of the agreement and will not change. BMW may charge you a default rate of interest which is 5% higher than the interest rate in your agreement if you do not make any payments when they are due. 622KFL11.

Appears in 1 contract

Samples: Loan Agreement

Interest and Interest Rates. The interest rate under the agreement and the total amount of interest you will pay for the full term of the agreement are set out in the attached disclosure statement. The interest rate at the time you enter into the agreement is fixed for the whole term of the agreement and will not change. BMW may charge you a default rate of interest which is 5% higher than the interest rate in your agreement if you do not make any payments when they are due. 622KFL11V4Jan21

Appears in 1 contract

Samples: Loan Agreement

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