Contractual Interest Rate definition

Contractual Interest Rate means a fixed rate of * % per annum, calculated based upon a 365 day year.
Contractual Interest Rate as defined in Section 6.2.
Contractual Interest Rate means the annual interest rate agreed between the Bank and the Credit beneficiary, in the signed contractual documents, for the calculation of the credit interest.

Examples of Contractual Interest Rate in a sentence

  • Effective Annual Interest Rate (Annual Cost Rate) % It is composed of calculation, as an annual percentage rate, of the total cost of the loan by including the Annual Contractual Interest Rate, Credit Allocation Fee (if any), and the Insurance Premium Amount (if any).

  • Annual Contractual Interest Rate % It is the annual interest rate stipulated in the Agreement and which constitutes the basis for drawing up the repayment schedule and which is calculated by taking into account the advance interest amount as well if any.

  • Default / Delay Interest Rate (Annual) % It shall be calculated at a rate which is 30% above the Annual Contractual Interest Rate.

  • Any delay in payment shall automatically entail the application of a per diem late-payment penalty based on the Contractual Interest Rate, the commencement date for application of the penalty being the date on which payment of the public domain occupancy fee is due to the Concession Grantor.

  • The Senior Units Specific Terms and Conditions applicable to a particular Senior Unit shall in all cases specify the Issue Date, the Minimum Contractual Interest Rate, the Nominal Value and Maturity of such Senior Unit.


More Definitions of Contractual Interest Rate

Contractual Interest Rate means the interest rate provided in each Lease Contract. "Corporate Services Agreement" means the corporate services agreement executed before
Contractual Interest Rate means the interest rate which is stipulated in the credit agreement for consumers and constitutes the basis for the preparation of a payment schedule and is calculated by considering the advance interest rate, if any, paid by the consumer,,
Contractual Interest Rate means the interest rate provided in each Lease Contract.
Contractual Interest Rate has the meaning ascribed to it in the Framework Agreement, that is the London Interbank Offered Rate (LIBOR) for three (3)-month US Dollar deposits plus three percent (3%).
Contractual Interest Rate. Interest payable under any provision of this Agreement shall be calculated on the basis of actual days elapsed divided by 360.
Contractual Interest Rate means the annual interest rate agreed between the Bank and the
Contractual Interest Rate means 1.5% per annum.