Interest Terms. Common to the Securities The following shall apply to the terms of each series of Securities separately on a series by series basis: Calculation Agent: The Bank of New York Mellon, London Branch, or its successor appointed by the Company.
Interest Terms. The Note shall bear interest on the outstanding principal balance at the Index Rate plus 125/1000 (0.125%) percent per annum, floating, but in no event to exceed the Highest Lawful Rate. Changes in the interest rate of the Line of Credit Note shall occur without notice to Borrower as the Index Rate changes.
Interest Terms. 2.4.1. The Holders are entitled to receive interest on a monthly basis only if the difference between the NAV at the end of the month and the NAV at the beginning of the month is (a) greater than 0 AND (b) greater than 1% of the total NAV.
Interest Terms. A special terms sales invoice will indicate that one of the following interest terms may apply: NO INTEREST. If a special terms sales slip says there is no interest, it means that there is no finance/credit charge on the subaccount containing the items sold on the sales slip until the special terms end. You may avoid finance/credit charges on a no interest subaccount by paying the balance of the subaccount in full before the special terms end. NO INTEREST OPTION (SAME AS CASH). If a special terms sales slip says there is a no interest option (same as cash), it means we figure the finance/credit charge on the subaccount containing the items sold on the sales slip, but we do not add the finance/credit charge to the balance of the subaccount. Instead, the finance/credit charge is added to the total of the finance/credit charges for the subaccount for prior months. This amount is called the accumulated finance/credit charge. If the subaccount is not paid in full before the special terms end, the balance of the subaccount and the accumulated finance/credit charge will be transferred to your regular subaccount. We figure the finance/credit charge on a no interest option (same as cash) subaccount by applying the same periodic rate used for your regular subaccount to the “average daily balance” of the subaccount. The finance/credit charge on a purchase in a no interest option (same as cash) subaccount begins on the date the transaction is posted to your account. You may avoid finance/credit charges on a purchase in a no interest option (same as cash) subaccount by paying the subaccount in full before the special terms end. In the Province of Quebec, interest will be waived if the following two conditions are met: (1) payment of all the minimum monthly payments (if any) by the end of the promotional interest- free period (minimum monthly payments are equal to $10 or 3% of the amount being financed, whichever is greater); and
Interest Terms. Unless otherwise expressly agreed, interest rates on individual deposit and loan accounts are variable and may be changed by the Bank. Forretningsbet_privat_eng_01.2021 Variable interest rates may be changed without no- xxxx if the change is to the customer’s advantage. Variable interest rates may be reduced on deposits and raised on loans without notice, if Spar Nord Bank Xxxxxxxxxxx 00 P.O. Box 162 9100 Aalborg, Denmark Tel. +00 00 00 00 00 xxx.xxxxxxxx.xx xxxxxxxx@xxxxxxxx.xx CVR no. 13 73 75 84 1) changes to domestic or foreign monetary or credit policies affect the general level of interest rates;
Interest Terms. The Note shall bear interest on the outstanding principal balance at the Index Rate per annum, floating, but in no event to exceed the Highest Lawful Rate.
Interest Terms. Common to the Securities The following shall apply to the terms of each series of Securities separately on a series by series basis: Calculation Agent: The Bank of New York Mellon, London Branch, or its successor appointed by the Company. Calculation of U.S. Treasury Rate: The Calculation Agent will determine the Subsequent Interest Rate for the Securities by reference to the then-prevailing U.S. Treasury Rate, on the Reset Determination Date. Promptly upon such determination, the Calculation Agent will notify the Company and the Trustee (if the Calculation Agent is not the Trustee) of the Subsequent Interest Rate. All determinations and any calculations made by the Calculation Agent for the purposes of calculating the Subsequent Interest Rate (or component thereof) shall be conclusive and binding on the holders of the Securities, the Company and the Trustee, absent manifest error. The Calculation Agent shall not be responsible to the Company, holders of the Securities or any third party for any failure of any Reference Treasury Dealer to provide quotations as requested of them or as a result of the Calculation Agent having acted on any quotation or other information given by any Reference Treasury Dealer which subsequently may be found to be incorrect or inaccurate in any way.
