Examples of Minimum Interest in a sentence
If specified on the face hereof, this Note may have either or both of a Maximum Interest Rate or a Minimum Interest Rate.
If a Minimum Interest Rate is so designated, the interest rate for a Floating Rate Note cannot ever be less than such Minimum Interest Rate and in the event that the interest rate on any Interest Reset Date would be less than such Minimum Interest Rate (as if no Minimum Interest Rate were in effect) then the interest rate on such Interest Reset Date shall be the Minimum Interest Rate.
Minimum Interest Charge If you are charged interest, the charge will be no less than $1.75.
If the interest charge for all balances on your Credit Card account is less than $1.00, we will charge you the Minimum Interest Charge shown on page 1.
Minimum Interest Charge If you are charged interest, the charge will be no less than $1.00.