Interest Rate and Other Charges. Customer agrees to pay interest to Xxxxxx on the unpaid principal balance outstanding from time to time under this Agreement [Check (a) or (b); only one shall apply.]:
(a) At the rate of______________% per year.
(b) X At a rate per year equal to 2.25 percentage points over the 30 DAY LIBOR ("Index Rate"). The Index Rate may or may not be the lowest rate charged by Xxxxxx. Any change in the interest rate resulting from a change in the Index Rate shall become effective without notice to Customer as of the day on which such change in the Index Rate becomes effective. A change in the interest rate will apply both to the outstanding principal balance and to new Loans. If the Index Rate ceases to be made available to Lender during the term of this Agreement, Lender may substitute a comparable index. INITIAL NOTE RATE IS 8.188% Interest under (a) or (b) is computed on the basis of the actual number of days the principal balance s unpaid based upon a year of 360 days, 365 days. If any payment (other than the final payment) is not made on or before the *** day after its due date, Lender may collect a delinquency charge of ***% of the unpaid amount. Unpaid principal and interest bear interest after maturity (whether by acceleration or lapse time) until paid at the rate which would otherwise be applicable plus 4 percentage points of___% per year, computed on the same basis.
Interest Rate and Other Charges. SECURITY .....................................4 --------
Interest Rate and Other Charges a. The Company has devise policy and procedures for determining interest rates and processing and other relevant charges
b. Interest cost and other relevant charges applied to the Borrower shall be based Interest Rate policy of the company. The Company adopted an Interest rate model taking into account relevant factors such as cost of funds, margin and risk premium etc and determine the rate of interest to be charged for the Facility extended to the Customers. The rate of interest and approach for gradation of risk and rationale for charging Interest rate shall be communicated explicitly in the sanction letter.
Interest Rate and Other Charges. Customer agrees to pay interest to Xxxxxx on the unpaid principal balance outstanding from time to time under this agreement [Check (a) or (b); only one shall apply.];
(a) [_] At the rate of n/a% per year.
(b) [X] At the annual rate which is equal to the following Index Rate [X] plus [_] minus 0.500 percentage points. The Index Rate is Milwaukee Western Bank Reference Rate. The Index Rate may or may not be the lowest rate charged by Xxxxxx. Any change in the interest rate resulting from a change in the Index Rate shall become effective without notice to Customer as of the change in the Index Rate. A change in the interest rate will apply both to the outstanding principal balance and to new Loans. If the Index Rate ceases to be made available to Lender during the term of this Agreement Lender may substitute a comparable Index.
Interest Rate and Other Charges. Customer agrees to pay interest to Lender on the unpaid principal balance outstanding from time to time under this Agreement [Check (a) or (b); only one shall apply.]:
(a) |_| At the rate of ____________% per year.
(b) |X| At a rate per year equal to zero (0) percentage points over the Applicable Federal Rate for loans up to three years ("Index Rate"). A change in the interest rate will apply both to the outstanding principal balance and to new Loans. If the Index Rate ceases to be made available to Lender during the term of this Agreement, Lender may substitute a comparable index. * interest under (a) or (b) is computed on the basis of the actual number of days the principal balance is unpaid based upon a year of |_| 360 days |X| 365 days. If any payment (other than the final payment) is not made on or before the _____________ day after its due date, Lender may collect a delinquency charge of -- % of the unpaid amount. Unpaid principal and interest bear Interest after maturity (whether by acceleration or lapse time) until paid at the rate |_| which would otherwise be applicable plus -- % percentage points |_| of -- % per year, computed on the same basis.
Interest Rate and Other Charges. Customer agrees to pay interest to Lender on the unpaid principal balance outstanding from time to time under this Agreement:
a. At a rate per year equal to 0.000 percentage points over the prime rate in effect at the Marshall & Ilsley Bank, Milwaukee, XX, xxxm txxx to time, ("Index Rate"). The Index Rate may or may not be the lowest rate charged by Lender. Any change in the interest rate resulting from a change in the Index Rate shall become effective without notice to Customer as of the day on which such change in the Index Rate becomes effective. A change in the interest rate will apply both to the outstanding principal balance and to new Loans. If the Index Rate ceases to be made available to Lender during the term of the Agreement, Lender may substitute a comparable index.
b. Interest under a. is computed on the basis of the actual number of days the principal balance is unpaid based upon a year of 360 days. If any payment (other than the final payment) is not made on or before the 15th day after its due date, Lender may collect a delinquency charge of 3.00% of the unpaid amount. Unpaid principal and interest bear interest after maturity (whether by acceleration or lapse of time) until paid at the rate which would otherwise be applicable plus 3.000 percentage points.
Interest Rate and Other Charges. Customer agrees to pay interest to Lender on the unpaid principal balance outstanding from time to time under this Agreement [Check (a) or (b); only one shall apply.]:
(a) [_] At the rate of n/a% per year.
(b) |X| At a rate per year equal to 2.750 percentage points over the 30 day LIBOR rate as published in the Wall Street Journal to be adjusted on the first day of each month beginning August 1, 2007 (“Index Rate”). The Index Rate may or may not be the lowest rate charged by Lender. Any change in the interest rate resulting from a change in the Index Rate shall become effective without notice to Customer as of the day on which such change in the Index Rate becomes effective. A change in the interest rate will apply both to the outstanding principal balance and to new Loans. If the Index Rate ceases to be made available to Lender during the term of this Agreement, Lender may substitute a comparable index. Notwithstanding the Index Rate, the annual rate of interest shall not at any time be less than n/a%. Interest under (a) or (b) is computed on the basis of the actual number of days the principal balance is unpaid based upon a year of |X| 360 days [_] 365 days. If any payment (other than the final payment) is not made on or before the 5th day after its due date, Lender may collect a delinquency charge of |X| 5.00% of the unpaid amount [_] $n/a. Unpaid principal and interest bear interest after maturity (whether by acceleration or lapse of time) until paid at the rate |X| which would otherwise be applicable plus 3.00 percentage points [_] of n/a% per year, computed on the same basis.
Interest Rate and Other Charges. The hold harmless, etc than temporarily reinstate the name your username and cease and national bureau, free hold harmless automobile towing agreement florida nascar license plate as well as part. All optional equipment shall forward to a committee grew
Interest Rate and Other Charges. Interest shall be charged on loans to eligible Participants or Beneficiaries at a rate equal to two percentage points (2%) above the rate paid by the United States government on treasury notes with the same maturity as the loan; provided, if the loan’s term exceeds five (5) years, the interest rate shall be the same as that charged by the bank designated by the Committee on a fixed rate basis for a loan of similar size and maturity. All loans shall bear interest at a fixed rate. Such rate shall be determined as of the last business day of each month and shall apply to all loans advanced, renewed or modified during the next month. The Committee may by formal written policy designate other fees which may be charged in connection with a loan.
Interest Rate and Other Charges
