Interest Rate Eligibility Sample Clauses

Interest Rate Eligibility. To earn interest on deposits in your SoFi Bank Account, your Account must be funded and in good standing and meet any additional eligibility criteria established by SoFi Bank from time to time as set forth on the SoFi Bank Rate Sheet. SoFi Bank may offer Accounts that do not earn interest. Accounts that earn interest are described in the SoFi Bank Rate Sheet at xxxx://xxx.xxxx.xxx/legal/banking-rate-sheet.
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Interest Rate Eligibility. To earn interest on deposits in the SoFi Money Sweep Program, your SoFi Money Account must be funded and in good standing and meet any additional eligibility criteria established by SoFi Securities from time to time. From time to time, the rate of interest you may earn on deposits in your SoFi Money Account may differ based on your Account activity and other criteria as established by SoFi Securities. At any time, the current eligibility criteria for earning interest can be found on the SoFi Money Rate Sheet.
Sample 1

Related to Interest Rate Eligibility

  • Interest Eligibility and Computation If NYSERDA fails to make Prompt Payment, NYSERDA shall pay interest to the Contractor on the Payment when such interest computed as provided herein is equal to or more than ten dollars ($10.00). Interest shall be computed and accrue at the daily rate in effect on the Date of Payment, as set by the New York State Tax Commission for corporate taxes pursuant to Section 1096(e)(1) of the Tax Law. Interest on such a Payment shall be computed for the period beginning on the day after the Payment Due Date and ending on the Date of Payment.

  • Interest Rate Limitation Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder.

  • Alternate Rate of Interest If prior to the commencement of any Interest Period for a Eurodollar Borrowing:

  • Interest Rates (a) Each Base Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made until it becomes due, at a rate per annum equal to the Base Rate for such day. Such interest shall be payable for each Interest Period on the last day thereof. Any overdue principal of or interest on any Base Rate Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the rate otherwise applicable to Base Rate Loans for such day.

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