Interest Rate, Interest and Fees Sample Clauses

Interest Rate, Interest and Fees. 3.1 [Determination Method of RMB Loan Interest Rate] RMB loan interest rate shall be based on method 2 below:
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Interest Rate, Interest and Fees. 3.1 [Determination of Interest Rate for RMB Loans] Interest rate for RMB loans shall be determined in accordance with Item _(2)__ below:
Interest Rate, Interest and Fees. 3.1 [Method of Determining Interest Rate on RMB Loan] The interest rate for the loan under this contract shall be determined in the following manner: The interest rate for each loan shall be determined by the pricing basis plus floating points, and for a borrowing period of 60 months or less, the pricing basis shall be the one-year Loan Prime Rate (LPR) published by the National Interbank Offered Rate Center (NIBOR) on the working day prior to the date of drawdown, wherein for a borrowing period of 12 months or less, the floating points shall be plus (plus/minus) 40.000000 basis points (one basis point is 0.01%, the same below); for a borrowing period of more than 12 months, 60 months or less, and 60 months or less, the interest rate shall be determined by the following method. 0.01%, the same hereinafter); for a loan term of more than 12 months and up to and including 60 months, the floating point is plus (plus/minus) 40.000000 basis points. If the loan term is more than 60 months, the pricing basis is the LPR for loans with a maturity of more than 5 years published by the NIBOR on the working day prior to the date of drawdown, and the number of floating points is plus (plus/minus) 40.000000 basis points. If the LPR for the corresponding maturity is not published by the NIBOR on the business day prior to the interest rate determination date, the LPR published by the NIBOR on the previous business day shall prevail, and so on. The interest rate will be adjusted after the loan is disbursed in the following method [A]:
Interest Rate, Interest and Fees. 3.1 [Method for determining the RMB lending rate] The RMB lending rate is determined according to the following method (3) below:
Interest Rate, Interest and Fees. 3.1 [Determination of Interest Rate for RMB Loans] Interest rate for RMB loans shall be Fixed interest rate at ____% per annum, which shall remain unchanged within the term of this Contract.
Interest Rate, Interest and Fees. 5.1 The interest rate under this Contract is determined according to paragraph [C] below:
Interest Rate, Interest and Fees. 3.1 The confirmation method of RMB interest rate of the loan Use interest rate is the summation of benchmark rate and floating rate. Benchmark rate is benchmark loan rate of People’s Bank of China, corresponding the loan period agreed by provision 2.2 on the effective day, floating rate is going up 15%. After drawing the loan, the interest rate adjusts every 6 months, and calculates the interest in sections. Second rate-setting date is the corresponding date after expiration of the first withdrawal. If there is no corresponding date in the adjustment month, the corresponding date is the last day in this month, so on the other corresponding date. If fractional withdrawal, the interest rates is calculated as specified below: Regardless of how much times of withdrawal, the interest rate is current rate on rate confirmation day, and will be adjusted next corresponding date.
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Interest Rate, Interest and Fees 

Related to Interest Rate, Interest and Fees

  • Interest and Interest Rate (a) The Designated Securities will bear interest from June 23, 2014 or from the most recent date through which the Issuer has paid or provided for interest on the Designated Securities.

  • Interest and Interest Rates The rate or rates at which the Notes shall bear interest, the date or dates from which such interest shall accrue, the interest payment dates on which any such interest shall be payable and the regular record date for any interest payable on any interest payment date, in each case, shall be as set forth in the form of Note set forth as Exhibit A hereto.

  • Interest and Fees 2 2.1. Interest.............................................................................. 2 2.2.

  • Calculation of Interest and Fees All calculations of interest and fees under this Agreement and the other Credit Documents for any period (a) shall include the first day of such period and exclude the last day of such period and (b) shall be calculated on the basis of a year of 360 days for actual days elapsed, except that during any period any Loan bears interest based upon the Prime Rate, such interest shall be calculated on the basis of a year of 365 or 366 days, as appropriate, for actual days elapsed.

  • Computations of Interest and Fees (a) Except as provided in the next succeeding sentence, interest on LIBOR Loans shall be calculated on the basis of a 360-day year for the actual days elapsed. Interest on ABR Loans shall be calculated on the basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed.

  • Computation of Interest and Fees All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Interest Payment Dates; Interest and Fee Basis Interest accrued on each Floating Rate Advance shall be payable on each Payment Date, commencing with the first such date to occur after the date hereof, on any date on which the Floating Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on that portion of the outstanding principal amount of any Floating Rate Advance converted into a Eurodollar Advance on a day other than a Payment Date shall be payable on the date of conversion. Interest accrued on each Eurodollar Advance shall be payable on the last day of its applicable Interest Period, on any date on which such Eurodollar Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurodollar Advance having an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period. Interest and commitment fees shall be calculated for actual days elapsed on the basis of a 360-day year, except that interest calculated based on the Prime Rate shall be calculated for actual days elapsed on the basis of a 365, or when appropriate 366, day year. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if payment is received prior to noon (local time) at the place of payment. If any payment of principal of or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

  • Payment of Interest and Fees Notwithstanding any other provision of this Agreement or any provision of any Related Document, Borrower does not agree or intend to pay, and Lender does not agree or intend to charge, collect, take, reserve or receive (collectively referred to herein as “charge or collect”), any amount in the nature of interest or in the nature of a fee for the Loan which would in any way or event (including demand, prepayment, or acceleration) cause Lender to contract for, charge or collect more for the Loan than the maximum Lender would be permitted to charge or collect by any applicable federal or Texas state law. Any such excess interest or unauthorized fee will, instead of anything stated to the contrary, be applied first to reduce the unpaid principal balance of the Loan, and when the principal has been paid in full, be refunded to Borrower.

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