Annual Percentage Rate or APR. With respect to a Receivable, the rate per annum of finance charges stated in such Receivable as the “annual percentage rate” (within the meaning of the Federal Truth-in-Lending Act).
Annual Percentage Rate or APR. With respect to a Receivable, the rate per annum of finance charges stated in such Receivable as the "annual percentage rate" (within the meaning of the Federal Truth-in-Lending Act). If after the Closing Date, the rate per annum with respect to a Receivable as of the Closing Date is reduced as a result of (i) an insolvency proceeding involving the Obligor or (ii) pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, Annual Percentage Rate or APR shall refer to such reduced rate.
Annual Percentage Rate or APR. As to any Contract and any time, the per annum rate of interest then being borne by such Contract, as set forth on the face thereof.
Examples of Annual Percentage Rate or APR in a sentence
Although certain jurisdictions require the disclosure of an Annual Percentage Rate or APR in connection with this Agreement, those disclosures do not change the fact that the transaction encompassed by this Agreement is not a loan and does not have an interest rate.
Annual Percentage Rate or APR means the annual rate of interest charged on Account balances.
Annual Percentage Rate or APR means the annual rate of interest charged on Credit Card Account balances.
The Annual Percentage Rate or APR for Purchases currently is 21.99%.
The Annual Percentage Rate or APR for Cash Advances currently is 23.99%.
More Definitions of Annual Percentage Rate or APR
Annual Percentage Rate or APR. The annual percentage rate specified in the Contract related to such Retail Note.
Annual Percentage Rate or APR. In the case of Retail Notes other than a Temporary Interest Free Receivable, the annual percentage rate specified in the Contract related to such Retail Note and, in the case of Retail Leases or Temporary Interest Free Receivables, the implicit interest rate in the Contract related to such Retail Lease or Retail Note calculated as an annual percentage rate on a constant yield to maturity basis.
Annual Percentage Rate or APR. With respect to a Receivable, the rate per annum of finance charges stated in such Receivable as the "annual percentage rate" (within the meaning of the Federal Truth-in-Lending Act). If after the applicable Cut-Off Date with respect to a Receivable, the rate per annum with respect to such Receivable as of such Cut-Off Date is reduced as a result of (i) an insolvency proceeding involving the Obligor or (ii) pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, Annual Percentage Rate or APR from and after such date shall refer to such reduced rate. APPLICABLE MARGIN: 0.375%.
Annual Percentage Rate or APR. With respect to a Loan Contract, the rate per annum of finance charges stated in such Loan Contract as the "annual percentage rate" (within the meaning of the Federal Truth-in-Lending Act); provided, however, that if after the Closing Date, the rate per annum with respect to a Receivable as of the Closing Date is reduced as a result of
Annual Percentage Rate or APR. With respect to a Receivable, the rate per annum of finance charges stated in such Receivable as the "annual percentage rate" (within the meaning of the Federal Truth-in-Lending Act). If after the Closing Date or the applicable Transfer Date, the rate per annum with respect to a Receivable as of the Closing Date or the applicable Transfer Date is reduced as a result of (i) an insolvency proceeding involving the Obligor or (ii) pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, Annual Percentage Rate or APR shall refer to such reduced rate.
Annual Percentage Rate or APR. The annual rate of finance charges of a Receivable stated in the Receivable.
Annual Percentage Rate or APR. With respect to a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.