Allowable Interest Rate definition

Allowable Interest Rate means a rate of interest 5% over the Federal Reserve discount rate.
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Allowable Interest Rate means the interest rate that is fixed at one
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Allowable Interest Rate means a rate of interest 5% over the federal reserve discount rate. "Ambient Air" means that part of the atmosphere outside of buildings.
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Examples of Allowable Interest Rate in a sentence

  • For the COVID-19 Emergency Declaration, EBL loan proceeds must be disbursed as working capital.K. Maximum Allowable Interest Rate.

Related to Allowable Interest Rate

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its “prime rate.” If a Citibank, N.A. prime rate is not available, the applicable prime rate will be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).