Interest Rate for Advances definition

Interest Rate for Advances means the interest rate per year payable on the Bonds.

Interest Rate for Advances means the rate of twelve percent per annum (12%) or the rate per annum which is two percent plus that interest rate announced by the Trustee in its lending capacity as a bank as its “Prime Rate” or its “Base Rate,” whichever is greater and lawfully chargeable, in whole or in part.

Interest Rate for Advances means (a) the interest rate borne by the Bonds, or (b) a rate which is one percent in excess of the prime or base interest rate then charged by the Trustee in its lending capacity as a bank, whichever is greater and lawfully chargeable.

Examples of Interest Rate for Advances in a sentence

• Any amounts payable to the Trustee pursuant to this Section 5.03 shall be payable upon demand and shall bear interest from the date of demand therefor at the Interest Rate for Advances.

• Interest Rate for Advances extended by Railways:-The extant interest rate for advances extended by Railways to contractors fixed at 18% vide Board`s letter No. 90/CE- I/CT/I dated 21.5.97 and advance correction slip issued under Board`s letter No.F(X)II-97/PW/4 dated 5.5.98 has since been reviewed by Board and the same has now been downwardly revised as 14%.

• The Borrower hereby agrees that, in the event it fails to pay or cause to be paid taxes, assessments, fees and other Governmental charges or levies or the premium on any required insurance, the Trustee may make such payment, but is not obligated to do so, and the Trustee shall be reimbursed by the Borrower therefor with interest on the amount so advanced at the Interest Rate for Advances.

• Any amounts payable to the Trustee, the Registrar or any Paying Agent or Authenticating Agent pursuant to this Section 6.03 shall be payable upon demand and shall bear interest from the date of demand therefor at the Interest Rate for Advances.

• The Court explained that an individual’s presumption of innocence is restored when his conviction is invalidated, and “Colorado may not presume a person, adjudged guilty of no crime, nonetheless guilty enough for monetary exactions.” Id. at 1256.

More Definitions of Interest Rate for Advances

Interest Rate for Advances means a rate per annum which is equal to two percent (2.00%) per annum plus the Prime Rate.

Interest Rate for Advances means a rate per annum which is one percent in excess of the Prime Rate, with each change in such rate automatically and immediately changing the Interest Rate for Advances.

Interest Rate for Advances means the rate per annum that is 2% plus that interest rate announced by the Trustee in its lending capacity as a bank as its “Prime Rate” or its “Base Rate”, whichever is greater and lawfully chargeable, in whole or in part.

Interest Rate for Advances means the rate per annum which is two percent plus that interest rate announced by the Trustee in its lending capacity as a bank as its “Prime Rate” or its “Base Rate”.

Interest Rate for Advances means the rate per annum which is two percent per annum (2%) in excess of that rate announced from time to time as the Commercial Base Rate.

Interest Rate for Advances means eleven percent (11%) per annum.

Interest Rate for Advances means the Default Interest Rate (as defined in the Reimbursement Agreement), but in no event in excess of the highest annual rate of interest allowable by law; provided, however, that anything herein to the contrary notwithstanding the rate of interest on any Loan Payment in default shall not be less than the rate of interest on the Bonds to which such Loan Payment relates.