Annual Interest Rate definition

Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.
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Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section in these Commercial Terms. This is the interest rate that you will pay unless you are in default. The Annual Interest Rate is fixed for the full period of this Loan except in the circumstances set out in clause 12.2(b)(iv) of the General Terms.
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Annual Interest Rate means the interest rate set out in the Schedule of Loan Terms.
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Examples of Annual Interest Rate in a sentence

  • The unpaid Loan Amount will bear interest from the date of advance at the Annual Interest Rate and compounded at the Compounding Period shown in this Loan Agreement, not in advance, both before and after each of maturity, default, judgment and demand.

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

  • You are required to make each payment of the amount specified and by the time specified Timing of payments Frequency First Payment Last Payment Number of Payments Plus one final Payment of Amount of each Payment $ Total amount of Payments $ INTEREST Annual Interest Rate % per annum fixed for the whole term of the contract Being Total interest charges This is the amount of the interest charges payable under the contract.

  • The early repayment fee is calculated as 30 days interest at the Annual Interest Rate less 9.5% (being the Lender’s savings for its funding costs) on the outstanding principal balance of the loan at the date of repayment.


More Definitions of Annual Interest Rate

Annual Interest Rate means the annual interest rate described in:
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Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section in these Commercial Terms. This is the interest rate that you will pay unless you are in default. The Annual Interest Rate is fixed for the full period of this Loan except in the Total Advances: The Total Advances is the same as the LOAN AMOUNT set out in the LOAN DETAILS section in these Commercial Terms. Method of Charging circumstances set out in clause 12.2(b)(iii) of the General Terms. We explain this in clause 3.1 of the General Subsequent Advances: There are no subsequent advances under this Agreement. This means the full loan is paid to you in one lump sum. Interest:
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Annual Interest Rate means the fixed annual nominal rate at which interest is calculated on the balance of the Principle Debt.
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Annual Interest Rate. The annual interest rate from the Signing Date through March 25, 2019: 4.9898%. The annual interest rate is composed of the following: (i) LIBOR as of the Signing Date: 2.4898%, and (ii) Margin interest rate: 2.5%. The annual interest rate after March 25, 2019 will be determined on a monthly basis based on the LIBOR type of this loan.
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Annual Interest Rate. This is the interest rate set out in the ANNUAL INTEREST RATE section on page 1 of these Initial Unpaid Balance: This is the LOAN AMOUNT set out in the LOAN DETAILS section on page 1 of these Commercial Terms.
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Annual Interest Rate means the interest rate set out in the Schedule of Overdraft Terms. CCCFA: means the Credit Contracts and Consumer Finance Xxx 0000. Commencement Date: the date of first advance.
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Annual Interest Rate means the per annum rate of interest stated in the Initial Disclosure Statement or any Change Disclosure Statement.
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