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 means the interest rate set out in the Schedule of Loan Terms.
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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.
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Examples of Annual Interest Rate in a sentence

  • If the Annual Interest Rate does not change, and you comply with the terms and conditions of the Loan Agreement, then the amortization period is the same as the term of the loan selected above.

  • The date of last payment depends on the repayment term you have selected and whether the Annual Interest Rate changes.

  • The Agreement shall be confirmed by the User electronically when creating the User Account Annual Interest Rate remuneration for use of invested funds expressed as a percentage on an annual basis.

  • The Interest Portion of Basic Rent on each Rent Payment Date shall be determined by (a) multiplying the Cumulative Outstanding Principal Amount as shown on Amended Schedule I hereto on each Rent Payment Date by the Annual Interest Rate, as determined from time to time, and (b) dividing such amount by two.

  • The Annual Interest Rate for the purposes of the daily calculation of the interest owed on the Total Principal Amount and the Amount in Arrears varies in accordance with the increase or decrease of the Prime Rate.


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 Principal 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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