Cingular Advance Interest Rate definition
Cingular Advance Interest Rate means, for any day, a rate equal to the Average Monthly LIBOR Rate for the calendar month during which such day occurs.
Examples of Cingular Advance Interest Rate in a sentence
The outstanding principal amount of each Cingular Advance shall bear interest at the Cingular Advance Interest Rate which shall accrue from day to day from the date such Cingular Advance is made up to but not including the date on which such Cingular Advance is repaid.
The outstanding principal amount of each Cingular Advance shall bear interest at the Cingular Advance Interest Rate which shall accrue from day to day from the date such Cingular Advance is made including the date on which such Cingular Advance is repaid.