Annual Interest definition

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. 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. INTEREST FREE PERIOD There is no interest-free period under this Agreement GOODS Make or Manufacturer Vin Number Model Registration No Year of Manufacture Chassis/Serial No PARTICULARS OF INSURANCE Company Branch/Broker Expiry date C/N or Policy No. Amount $ CREDIT FEES AND CHARGES 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. FULL PREPAYMENT 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.
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.

Examples of Annual Interest in a sentence

  • To calculate the actual annual interest rate please use Effective Annual Interest Rate Calculator, with reference http://www.armbusinessbank.am/am/page/Crediting .

  • To calculate the actual annual interest rate you can use Effective (Actual) Annual Interest Rate Calculator, with reference http://www.armbusinessbank.am/am/page/Crediting .

  • Installment Balance Carried at Preferred Rate for Purchases Monthly fee % 0.85% Annual Interest Rate 19.99% Total Fee $145.15 Total Interest $154.08 Using the same assumptions as before, the effective Annual Percentage Rate (APR) is set out in the chart below.

  • The IPO Financing period for the privilege Loan Annual Interest rate will begin from the date of IPO application deadline to the refund date specified on the relevant prospectus (excluding the refund date).

  • The daily interest rate is calculated by dividing the Annual Interest Rate by 365.


More Definitions of Annual Interest

Annual Interest means interest calculated in accordance with D.6.a (1) - (6)
Annual Interest. Rate on Unpaid Principal and Accrued but Unpaid Interest after Maturity Date: The lesser of 25% or the highest non-usurious interest rate permitted by law. Maturity Date: March 1, 2007 Terms of Payment (principal and interest): All outstanding Principal and accrued but unpaid interest are due and payable in full on the Maturity Date (March 1, 2007).
Annual Interest. RATE: Subject to the terms of this Note, the principle amount of this note shall be paid with interest thereon at the rate of six percent (6%) per year (computed on the basis of a 360-day year of twelve 30-day months) compounded annually.
Annual Interest. As determined by the shareholders of Newco. Repayment: As determined by shareholders of Newco.
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.
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)
Annual Interest means interest at a fixed rate of 40% per annum.