Ordinary Interest Rate definition

Ordinary Interest Rate means EURIBOR plus one percentage point (1%);

Ordinary Interest Rate means oa rate equivalent to the LIBOR Rate plus the sum of 265 (two hundred and sixty five) base points to be calculated at the beginning of each Interests Period.

Ordinary Interest Rate means, a rate equivalent to the LIBOR rate plus a margin of 265 (two hundred and sixty five) base points. The Borrower will makes all payments of principal, interest, commissions and any other amount due under this Promissory Note free of interest, contributions, withholdings, deductions, fees or any other fiscal responsibility due under the laws, regulations and

Examples of Ordinary Interest Rate in a sentence

• In case of an event of default concerning the payment of any amount due under this Note (except for ordinary interest) default interest will generate over the due and unpaid amount, beginning on the date in which such amount should have been paid until it is paid in full, at an annual interest rate of 1.25 (one point twenty five) times the Ordinary Interest Rate applicable during the period in which the default occurs and continues (the “Default Interest Rate”).

• Interest on the refunded amount shall be paid at the Ordinary Interest Rate; such interest to be calculated from the date payment was made to the date of actual repayment.

• The Borrower shall pay the Bank, without prior request, ordinary interests on all outstanding amounts payable, which shall be calculated and payable per “Interests Period” at the Ordinary Interest Rate.

• The Borrower shall pay the Bank, without prior request, ordinary interests on all outstanding amounts payable, which shall be calculated and payable per expired Interests Period at the Ordinary Interest Rate.

• In the event of default on the payment of any amounts corresponding to the principal amount of the Credit Line, the Borrower shall pay to the Lender default interests over the outstanding capital at an interest rate equal to the result of multiplying the Ordinary Interest Rate, by 1.25 (one point twenty five) times, in the understanding that the default interests will be calculated on a daily basis over the entire default period.

More Definitions of Ordinary Interest Rate

Ordinary Interest Rate means, a rate equivalent to the LIBOR rate plus a margin of 265 (two hundred and sixty five) base points.

Ordinary Interest Rate has the meaning attributed to it in the Fifth Clause of this Agreement.

Ordinary Interest Rate means the rate specified as such in the Loan Disclosure Statement; Participating Investors means the investor or investors from time to time who are participating in providing this Loan Facility under the peer-to-peer lending service provided by Squirrel Money Limited pursuant to its licence under the FMCA; PPSA means the Personal Property Securities Xxx 0000; RWT means resident withholding tax imposed under the resident withholding tax rules in the Income Tax Xxx 0000; Secured Property means your property described as such in the Loan Disclosure Statement but excludes any property in relation to which it is prohibited to provide for a security interest under Part 3A subpart 6 of the CCCFA; Secured Obligations means all present and future obligations which you (whether alone or with any other person and in any capacity) have or owe to Squirrel (whether alone or with any person and in any capacity) other than obligations to pay or deliver any Amount Outstanding; Securities means the security over the Secured Property and a Guarantee and Indemnity together with each other agreement at any time intended to secure your obligations under this Loan Agreement (whether or not it guarantees or secures other obligations as well);

Ordinary Interest Rate means the rate specified as such in the Loan Disclosure Statement; Participating Investors means the investor or investors from time to time who are participating in providing this Loan Facility under the peer-to-peer lending service provided by Squirrel Money Limited pursuant to its licence under the FMCA. RWT means resident withholding tax imposed under the resident withholding tax rules in the Income Tax Xxx 0000; and Tax includes any present or future tax, levy, impost, duty, charge, fee, excise deduction or withholding of any nature whether direct or indirect by whatever method collected and recovered and whatever called together with any interest, penalty, charge, fee, additional tax, expense, fine, other additional statutory charge or any other amount imposed or made on or in respect of, or incidental or related to, the imposition of any of the foregoing.

Ordinary Interest Rate means the annual interest rate set out opposite the words “ordinary interest rate” in Table A of the Annexure Schedule;

Ordinary Interest Rate means the applicable interest rate for the Loan Borrowing in question, which will be previously agreed in writing between the Borrower and the Lender, and if they fail to reach an agreement, the Lender will have the right to deny the granting of the Loan Borrowing without liability for the Lender.

Ordinary Interest Rate means, in connection with the Loan and for each Interest Period thereof, the TIIE Rate plus the Applicable Margin, provided that, if the TIIE Rate is not published on the first Business Day of any Interest Period, the Ordinary Interest Rate shall be the Successor Rate plus the Applicable Margin.