Minimum and/or Maximum Interest Rate. If the relevant Final Terms specify a Minimum Interest Rate for any Interest Period then, in the event that the Interest Rate in respect of such Interest Period determined in accordance with the provisions of paragraph (b) above is less than such Minimum Interest Rate, the Interest Rate for such Interest Period shall be such Minimum Interest Rate. If the Final Terms specify a Maximum Interest Rate for any Interest Period then, in the event that the Interest Rate in respect of such Interest Period determined in accordance with the provisions of paragraph (b) above is greater than such Maximum Interest Rate, the Interest Rate for such Interest Period shall be such Maximum Interest Rate.
Appears in 14 contracts
Samples: Agency Agreement, Agency Agreement, Agency Agreement
Minimum and/or Maximum Interest Rate. If the relevant applicable Final Terms specify specifies a Minimum Rate of Interest Rate for any Interest Period Period, then, in the event that the Rate of Interest Rate in respect of such Interest Period determined in accordance with the above provisions of paragraph (b) above is less than such Minimum Interest RateRate of Interest, the Rate of Interest Rate for such Interest Period shall be such Minimum Interest RateRate of Interest. If the applicable Final Terms specify specifies a Maximum Rate of Interest Rate for any Interest Period Period, then, in the event that the Rate of Interest Rate in respect of such Interest Period determined in accordance with the above provisions of paragraph (b) above is greater than such Maximum Interest RateRate of Interest, the Rate of Interest Rate for such Interest Period shall be such Maximum Interest Rate.
Appears in 2 contracts
Samples: Agency Agreement (Pepsico Inc), Agency Agreement (Pepsico Inc)