DC Interest Rate definition

DC Interest Rate means the interest rate applicable to an Eligible Applicable, determined in accordance with the rate table attached as Schedule 1.
DC Interest Rate means, with respect to any Deferrable Component, a per annum rate equal to the lesser of 4.50% and the Deferrable Interest Rate with respect to such Component. “Debt” means the Outstanding Principal Balance together with all interest accrued and unpaid thereon and all other sums (including the Yield Maintenance Premium, if applicable) due to Lender from time to time in respect of the Loan under the Note, this Agreement, the Mortgage Documents, the Environmental Indemnity or any other Loan Document. “Debt Service” means, with respect to any particular period of determination, the scheduled interest payments due under the Note for such period.
DC Interest Rate means, with respect to any Deferrable Component, a per annum rate equal to the lesser of 4.50% and the Deferrable Interest Rate with respect to such Component. 7BUSINESS.30586915.9

Examples of DC Interest Rate in a sentence

  • The intention of this Administrative Directive is to apply the DC Interest Rate consistently to all Eligible Applications.

  • Amend the Administrative Directive and SOP, with the exception of the DC Interest Rate.

  • Where both planning applications apply development charges under subsections 3.11.1, 3.11.2, 3.11.3, 3.12.1, 3.13, and 3.14 shall be calculated on the rates, including interest as provided in the Town's Council approved D.C. Interest Rate By-law 2030, as may be revised from time to time., payable on the anniversary date each year thereafter, set out in Schedule "B" on the date of the later planning application, including interest.

  • Ethiopia has made important progress in the development of democratic political culture after the FDRE comes in to power.

  • Therefore, the correct assessment of model fit is very crucial in SEM analysis.

  • If there is any change in circumstances affecting your independence, you are required to immediately let the Board of Directors know of the same, in terms of Section 149(7) of the Act.

  • As it is with the DC rate, the DC Interest Rate will be frozen for a period of no more than two years.

  • Domestic Credit by the banking sector (DC), Interest Rate Spread (IRS), Liquid liabilities (M3),Domestic Savings (DS) and as a measure for financial deepening (FD) were used as proxy variables to measure banking sector development while GDP per Capita (USD) was used as the proxy for economic growth.

  • In the event that the DC Interest Rate is amended by Council, the new DC Interest Rate shall apply to the period of time between the DC Interest Rate amendment to building permit issuance, or a subsequent amendment to the DC nterest Rate.

  • Instalment payments and payments determined at the time of Site Plan or Zoning By- law Amendment application are subject to annual interest charges calculated based on the Town’s D.C. Interest Rate Policy, as may be amended from time to time.


More Definitions of DC Interest Rate

DC Interest Rate means, with respect to any Deferrable Component, a per annum rate equal to the lesser of 4.50% and the Deferrable Interest Rate with respect to such Component. 7

Related to DC Interest Rate

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Maximum Interest Rate means the rate of interest that results in the maximum amount of interest allowed by applicable law.

  • LIBOR Interest Rate means the rate per year (rounded upward to the next one-sixteenth (1/16th) of one percent (0.0625%), if necessary) determined by CNB to be the quotient of (a) the LIBOR Base Rate divided by (b) one minus the Eurocurrency Reserve Requirement for the Interest Period; which is expressed by the following formula: LIBOR Base Rate

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Note Interest Rate means a per annum rate equal to 0.06% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Floating Interest Rate means the variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the 5th decimal place if necessary) plus the Margin. However, in no event will the Floating Interest Rate exceed the Capped Interest Rate.