Common use of Standard Variable Rate Clause in Contracts

Standard Variable Rate. 12.1. Subject to clauses 14 (Interest Free Period) and 15 (Special Interest Rate), the rate of interest applicable to the Facility is the Standard Variable Rate. We may vary the Standard Variable Rate at any time at our sole discretion. 12.2. If we vary the Standard Variable Rate: (a) we will give you notice of the variation by a notice in accordance with clause 30 (Notices) by advertising in one or more newspapers circulating in Ireland, through the Customer Portal or on our website; (b) the variation will take effect from date specified in the notice; and (c) in consequence of the variation, we may in our absolute discretion vary the amount of the Instalment Payments over the remainder of the Term. 12.3. Interest at the Standard Variable Rate is calculated on the outstanding balance of the Facility on a day-to-day basis and is charged on each Instalment Payment Date starting on the first Instalment Payment Date after the Agreement Date (as well after as before judgment or demand).

Standard Variable Rate. 12.1. 12.1 Subject to clauses 14 (Interest Free Period) and 15 (Special Interest Rate), the rate of interest applicable to the Facility is the Standard Variable Rate. We may vary the Standard Variable Rate at any time at our sole discretion. 12.2. 12.2 If we vary the Standard Variable Rate: (a) a. we will give you notice of the variation by a notice in accordance with clause 30 31 (Notices) by advertising in one or more newspapers circulating in Ireland, by email, through the Customer Portal or on our website; (b) b. the variation will take effect from date specified in the notice; and (c) c. in consequence of the variation, we may in our absolute discretion vary the amount of the Instalment Payments over the remainder of the Term. 12.3. 12.3 Interest at the Standard Variable Rate is calculated on the outstanding balance of the Facility on a day-to-day basis and is charged on each Instalment Payment Date starting on the first Instalment Payment Date after the Agreement Date (as well after as before judgment or demand)Date.

Standard Variable Rate. 12.1. 12.1 Subject to clauses 14 (Interest Free Period) and 15 (Special Interest Rate), the rate of interest applicable to the Facility is the Standard Variable Rate. We may vary the Standard Variable Rate at any time at our sole discretion. 12.2. 12.2 If we vary the Standard Variable Rate: (a) a. we will give you notice of the variation by a notice in accordance with clause 30 1 (Notices) by advertising in one or more newspapers circulating in Ireland, by email, through the Customer Portal or on our website; (b) b. the variation will take effect from date specified in the notice; and (c) c. in consequence of the variation, we may in our absolute discretion vary the amount of the Instalment Payments over the remainder of the Term. 12.3. 12.3 Interest at the Standard Variable Rate is calculated on the outstanding balance of the Facility on a day-to-day basis and is charged on each Instalment Payment Date starting on the first Instalment Payment Date after the Agreement Date (as well after as before judgment or demand)Date.