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

• 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.

• If the alteration is an increase, the alteration shall not take the Ordinary Interest Rate, or the Penalty Interest Rate above the Ordinary Interest Rate or the Penalty Interest Rate (as the case requires) commonly charged by the Lender at the time of the alteration in respect of new loans which the Lender considers to be of the like kind as the loan or loans secured by the Debenture and Instrument by Way of Security.

• In MCI, a court had the opportunity to evaluate the merits of the government’s new policy that FAR Part 15 mandated release of “unit prices.” The court held it did not set such a mandate.

• As from the date when any alteration takes effect, references to and covenants relating to Ordinary Interest rate, Penalty Interest Rate, Instalments and the Instalment Amount shall be construed and have effect as references to and covenants relating to the Ordinary Interest Rate, Penalty Interest Rate, Instalments and Instalment Amount as altered.

• When we design a model, two conflicting requirements must be considered: on the one hand, obviously high resolution models reproduce at best the tiniest details, on the other hand, small files are preferable for viewing on non-dedicated hardware and software or on-line.

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 given to it in Clause Five of this Agreement.

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 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 interest rate determined in accordance with Clause 9.1 (Calculation of Ordinary Interest Date).

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 make 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 other applicable legal dispositions in the United Mexican States, without any compensation, in immediately available funds, before 12:00PM (Mexico City, Federal District, United Mexican States) of the day in which the amount concerning becomes due. All payments made by the Borrower according to this Promissory Note shall be made in Dollars, through the account held between the Borrower and Banco Santander (México), S.A. Institución de Banca Múltiple, Grupo Financiero Santander. The Borrower agrees to repay upon demand, in the same way and using the same funds, any costs and reasonable and duly justified amounts incurred in relation to the compliance or execution of this Promissory Note (including, without limitation, all documented legal costs). The Burrower hereby waives any judicial proceedings, file, presentation, notice or lawsuit of any nature en relation to this Promissory Note. Pursuant to Article 128 of the General Law of Credit Instruments of the United Mexican States, the period of presentment of this Promissory Note is hereby irrevocably extended until the date that is 6 (six) months after its Expiry Date; provided, however, that such extension does not imply that this Promissory Note cannot be presented for payment at an earlier date. This Promissory Note shall be governed and interpreted according to the laws of the United Mexican States. In case of a discrepancy between this Promissory Note and the Credit Line Agreement dated July 27, 2011 entered into by and between Deutsche Xxxx Xxxxxx, S.A., Institución de Banca Múltiple, División Fiduciaria, acting solely as trustee of Trust f/1498; Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander as lender and administrative agent and Banco Nacional de Comercio Exterior, S.N.C.; and Controladora Vuela Compañía de Aviación, S.A.P.I. de C.V. and Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., (the “Credit Line Agreement”), the Credit Line Agreement will prevail. Concerning everything related to this Promissory Note, the Trustee hereby irrevocably submits to the jurisdiction of the courts of Mexic...

Ordinary Interest Rate means the 16% (sixteen percent) fixed annual interest rate applicable to the unpaid balance of the Loan.