Annual Interest means the interest accrued for the year on each anniversary of the Issuance Date of the A Share Convertible Bonds, calculated based on the aggregate face value of the A Share Convertible Bonds that a Bondholder is entitled to. The formula for calculating the annual interest is:
Annual Interest. Division Cash Surrender Value The Cash Surrender Value of the Annual Interest Division is equal to the Division's Accumulation Value, adjusted for any applicable Market Value Adjustment, less any charges that have been incurred but not yet deducted, including any applicable Premium Tax.
Annual Interest. RATE We will charge you interest on the Loan at a rate of % per annum. This is the only rate you will pay unless you are in default. The Annual Interest Rate is fixed for the full period of this Loan except as set out in clause 12.2(b)(iii) of the General Terms. If you have been referred to us by a dealer/broker/introducer (a Dealer) the interest rate that we charge may be determined by the Dealer (subject to a maximum rate set by us) and the Dealer may receive commission from us in addition to the Dealer/Broker/Introducer Fee which we charge you. The commission will be based on the interest rate determined by the Dealer. There is no interest-free period under this Agreement Make or Manufacturer Vin Number Model Registration No Year of Manufacture Chassis/Serial No Company Branch/Broker Expiry date C/N or Policy No. Amount $ All credit fees and charges (including default charges) that you might need to pay us under this Agreement (which are not part of the LOAN AMOUNT in these Commercial Terms) are listed in the attached FEE SCHEDULE. If you do not pay an amount when it is due, we will also charge you interest at a Default Interest Rate. We give you information about the default interest charges in clause 5.1 of the General Terms. You should be aware that we can change the credit fees and charges you might have to pay under clause 12.2(b)(ii) of the General Terms. You can pay the Loan back early by paying us the Full Prepayment Amount defined in clause 3.3(a) of the General Terms. The Full Prepayment Amount includes an Early Settlement Fee and an amount equal to our reasonable estimate of our loss arising from full prepayment (if any) – that is, a loss that relates to differences in interest rates. Our reasonable estimate of our loss will not be any more than an amount calculated using the formula set out in regulation 9 or regulation 11 of the Credit Contracts and Consumer Finance Regulations 2004.
Examples of Annual Interest in a sentence
Fixed Account Guaranteed Minimum Effective Annual Interest Rate – If the Fixed Account is offered, the minimum guaranteed credited rate used to determine the Fixed Account portion of Your Policy Value prior to the Annuity Commencement Date.
The credited interest rate will never be less than the Fixed Account Guaranteed Minimum Effective Annual Interest Rate shown on Page 3.
With the exception of changes to Annual Interest Rates, you may refuse any of the specified changes or close your account by sending us notice no more than 30 days following the effective date of the changes coming intoeffect.
Conversion Formula: Daily Interest Rate = Annual Interest Rate / 360.
The calculation of the Interest Amount per Westpac SFI payable for the upcoming Interest Period is as follows:Interest Amount= LA × IR × (D/3651)= $13.00 × 8.9% × (365/365)= $1.157Therefore, on the Annual Interest Date, you will need to pre-pay an Interest Amount per Westpac SFI of $1.157 for the upcoming Interest Period, which is paid automatically by increasing your Loan Amount.
More Definitions of Annual Interest
Annual Interest. Rate: FOUR AND THREE QUARTERS PERCENT (4.75%); which interest rate shall be adjusted as and when provided by order of the United States Bankruptcy Court for the Western District of Texas, San Antonio Division in connection with the following case pending before it: In re: Mooney Aircraft Corporation, Case No. 00-00003-K.
Annual Interest. Rate on Unpaid Principal from Date of Funding: Four and one-half percent (4.50%) per annum, until maturity. Annual Interest Rate on Matured, Unpaid Amounts: Eighteen percent (18%) per annum, or the maximum legal rate whichever is less, beginning upon the scheduled maturity date or as matured by acceleration. Terms of Payment (principal and interest): Principal and accrued interest are payable in sixty (60) consecutive monthly installments of Thirty-One Thousand Seven Hundred Fifty-Nine and no/100 Dollars ($31,759.00) each, on or before the first (1st) day of the month, beginning on March 1, 2017, and continuing regularly and monthly until January 31, 2022 unless accelerated as provided herein, at which time the entire amount of principal and interest remaining unpaid will be payable. Maker shall be entitled to a 30-day cure period within which to cure non-monetary defaults under the terms of this Note, or defaults under the terms of the Deed of Trust, Security Agreement, and Financing Statement, or any of the other related loan documents, and a 10-day cure period on each monetary default. Interest will be calculated on the unpaid principal to the date of each installment paid. Payments will be credited first to the accrued interest and then to reduction of principal.
Annual Interest means interest calculated in accordance with D.6.a (1) - (6)
Annual Interest. As determined by the shareholders of Newco. Repayment: As determined by shareholders of Newco.
Annual Interest means the interest accrued to a holder of the A Share Convertible Bonds (the “A Share Convertible Bonds Holder”) in each year on each anniversary of the Date of Issuance which is calculated based on the aggregate nominal value of the A Share Convertible Bonds held by him/her. The formula for calculating the Annual Interest is: I=B×i
Annual Interest. Six-month LIBOR in US dollar plus 0.8%. Every three months from the advancement date of the loan shall be one period for the purpose of rate calculation ("Period") and the interest rate for the loan shall be adjusted each Period. Daily interest rate equals to one thirtieth of the monthly interest rate, and the monthly interest rate equals to one twelfth of the annual interest rate. "Six-month LIBOR in US dollar" under this agreement shall mean the London Interbank Offered Rate for loans with a six-month term in US dollar. "Six-month LIBOR in US dollar" shall be determined as the London Interbank Offered Rate for loans with a six-month term in US dollar shown in the Telerate Service Page "3750" at 11am (London time) on the business day that is two business days before the first business day of the current Period.