Limits on Interest Rate Changes. The interest rate I am required to pay at the first Change Date will not be greater than 7.30% or less than 5.30%. Thereafter my interest rate will never be increased or decreased on any single Change Date by more than one percentage point (1.0%) from the rate of interest I have been paying for the preceding 12 months. My interest rate will never be greater than 12.30% or less than 4.30% over the life of the loan.
Appears in 2 contracts
Samples: Participation Loan Pool Agreement, Participation Loan Pool Agreement
Limits on Interest Rate Changes. The interest Interest rate I am required to pay at the first Change Date will not be greater than 7.308.875% or less than 5.304.875%. Thereafter Thereafter, my interest rate will never be increased or decreased on any single Change Date by more than one two percentage point points (1.02.0%) from the rate of interest I have been paying for the preceding 12 36 months. My interest rate will never be greater than 12.30% or less than 4.30% over the life of the loan11.875%.
Appears in 1 contract
Samples: Consolidation, Extension and Modification Agreement (FNB Rochester Corp)
Limits on Interest Rate Changes. The During the first 300 months of this loan, the interest rate I am required to pay at the first any Change Date will not be greater than 7.30% or less than 5.3018.00%. Thereafter Thereafter, my interest rate will never be increased or decreased on any single Change Date by more than one percentage point (1.0%) from the rate of interest I have been paying for the preceding 12 months. My interest rate will never be greater than 12.30% or less than 4.30% over the life of the loan18.00%.
Appears in 1 contract
Limits on Interest Rate Changes. The During the first 300 months of the loan, the interest rate I am required to pay at the first any Change Date will not be greater than 7.30% or less than 5.3018.00%. Thereafter Thereafter, my interest rate will never be increased or decreased on any single Change Date by more than one percentage point (1.0%) from the rate of interest I have been paying for the preceding 12 months. My interest rate will never be greater than 12.30% or less than 4.30% over the life of the loan18.00%.
Appears in 1 contract
