Examples of Component Interest Rate in a sentence
On each policy, Contractor will name the City of College Park and the University of Maryland and the State of Maryland as additional insureds for all policies with the exception of the workers compensation coverage and will provide an additional insured endorsement to the City.
The Principal Components evidenced by the Certificates shall be payable on the Principal Payment Dates and shall evidence interest at the following rates: Principal Payment Date ( 1) Principal Component Interest Rate The Interest Components evidenced by the Certificates shall be payable on each Interest Payment Date, commencing , 20 .
Each Lender shall apply the balance of each such payment in the following order: (i) to any interest accrued at the applicable Default Rate, (ii) to the payment of accrued and unpaid interest at the Revolving Loan Component Interest Rate, and (iii) to the reduction of the principal balance of such Lender's outstanding Loans.
The Component Interest Rate of the A3(1) and A3(2) Components is as set forth in the Preliminary Statement under the caption “REMIC 3”, footnote (4), following the table set forth therein.
The point reached on the coast by this third line is between 10 and 15 per cent closer to the starting-point than the other two points.