Interest Rates definition

Interest Rates means the interest rates provided for in Sections 2.11 and 2.12 of the Credit Agreement.

Interest Rates. Annual Percentage Rates (APRs) - The APR corresponds to the Daily Periodic Rate (“DPRs”): the APR is equal to the DPR multiplied by 365, and the DPR is equal to the APR divided by 365. Interest charges are calculated by using the DPR. If a rate is a variable rate, we calculate that APR by adding together an index and a margin. For more information on variable rates, please refer to Section 11 (c). We add transactions and fees to your daily balance no earlier than: For new Purchases, Balance Transfers or Cash Advances – the date of the transaction. For new Bank Card Checks - the date the payee deposits the check. Fees – either on the date of a related transaction, the date they are posted to your Account, or the last day of the billing cycle, whichever we may choose. The balances subject to interest rate for each type of transaction shown on your billing statement is the sum of the daily balances for that type of transaction divided by the number of days in the billing cycle. We may use mathematical formulas that produce equivalent results to calculate the balance subject to interest rate, interest charges andrelated amounts.

Interest Rates. A rate equal to 8.00% if the principal amount of the CPLV Mezz Facility is greater than or equal to $600 million, increasing by 0.25% for every $25 million reduction in the principal amount of the CPLV Mezz Facility below $600 million on the Closing Date (before giving effect to any Equitized Debt) (up to a maximum interest rate of 13.0%).

Examples of Interest Rates in a sentence

• Daily Interest Rates and Annual Percentage Rates may be found on the Rates and Fees Table.

• Upon the occurrence of an Event of Default then the Special Interest Rates shall not be in effect and the interest rate shown above in the Interest section shall apply to amounts advanced.

• In the event that Association determines that Borrower has failed to comply with such requirements and conditions, then the Special Interest Rates shall not be in effect and the Interest Rate shown in the Loan Commitment letter shall apply to amounts advanced.

• Privacy statement: how we collect, use, share, and protect your personal information; and the privacy choices you can make Financial terms of your account Interest Rates and Interest Charges Annual Percentage Rate (APR) for Purchases 27.99% This APR will vary with the market based on the Prime Rate.

• In these circumstances interest will accrue on the reducing balance of the global fees from the due date at the rate set out and amended from time to time in the Penalty Interest Rates Act 1983 (Vic).

More Definitions of Interest Rates

Interest Rates. The interest rates per annum (calculated on a 360-day basis) applicable to the Pinnacle Credit Facilities will be, at the option of the Borrower as set forth below at either LIBOR or the Base Rate plus the Applicable Margin set forth in the Fee Letter. The Borrower may select interest periods of one, two, three or six months (and, if agreed to by all relevant Pinnacle Credit Agreement Lenders for the Pinnacle Revolving Credit Facility or the Pinnacle Term Loan Facility, as applicable, nine or twelve months or such other period) for LIBOR advances. Interest shall be payable at the end of the selected interest period, but no less frequently than quarterly.

Interest Rates means the Floating Rate or the LIBOR Rate, as applicable.

Interest Rates. The interest rates per annum (calculated on a 360-day basis) applicable to the Target Credit Facilities will be, at the option of the Borrower as set forth below at either LIBOR or the Base Rate plus the Applicable Margin set forth in the Fee Letter. The Borrower may select interest periods of one, two, three or six months (and, if agreed to by all relevant Target Credit Agreement Lenders for the Target Revolving Credit Facility, the Target A Term Loan Facility or the Target B Term Loan Facility, as applicable, nine or twelve months or such other period) for LIBOR advances. Interest shall be payable at the end of the selected interest period, but no less frequently than quarterly.

Interest Rates means the floating rate which is sum total of the Reference Rate applicable from time to time and the Spread as specified in the Schedule hereunder subject to the terms and conditions set forth in Clause 3 hereunder.

Interest Rates. The Company shall pay interest on the unpaid principal amount of any Money Market Rate Loan outstanding from time to time from the date on which funds are received by the Company until paid, at the Money Market Rate. Except as may be otherwise agreed by the Company and the Lender making a Money Market Rate Loan, interest shall be payable at the maturity of such Loan and shall be computed on the basis of a 365 or 366 day year, as the case may be.

Interest Rates. Collectively, the Interest Rate (Cash Advances) and the Interest Rate (Purchases);

Interest Rates means the interest rate(s) authorized in this policy used for application under Section 26.1(7) and/or Section 26.2(3) of the DCA;