Examples of Interest Rate in a sentence
The Lender shall express to the Borrower the annualized interest rate of the loan hereunder through the Notification Letter of the annualized Interest Rate of the Loan attached hereto.
The Lender indicates to the Borrower the annualized interest rate of the Loan hereunder through the Letter of Notification of the Annualized Interest Rate of the Loan attached hereto.
Upon the occurrence and during the continuation of an Event of Default hereunder, all Obligations, including principal (including capitalized PIK Interest), and unpaid Lender Expenses, shall bear interest at a rate per annum equal to the Interest Rate plus two percent (2%) per annum.
If the annualized interest rate of the Loan hereunder is calculated only according to the loan interest rate expressed in Paragraph 1 of this Article, the aforesaid Letter of Notification of the Annualized Interest Rate of the Loan shall not apply.
Such default interest shall be payable on demand and in the event such interest is not paid when due hereunder, delinquent interest shall be added to principal and shall bear interest on interest, compounded at the Interest Rate.