Common use of Other fixed rates Clause in Contracts

Other fixed rates. If you have not locked the rate on a facility account under clause 15.2, we set the annual percentage rate that will apply for the fixed rate term for the account on the settlement date. That rate will be the fixed rate we offer on similar facilities that day. That annual percentage rate may be higher than the rate set out in the schedule for the facility account.

Appears in 5 contracts

Samples: Terms And, Terms And, Terms And

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.