Security Interest Rate definition

Security Interest Rate means the “Cash Rate: average 11am rate” as published in the Australian Financial Review (or in the event that such a rate is not so quoted or published at or in respect of any relevant date, such other similar rate included in another publication agreed between the Parties) less 0.5%;
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Security Interest Rate has the meaning specified in Section 1.2(1).
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Security Interest Rate means with respect to any interest period:
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Examples of Security Interest Rate in a sentence

  • Required if the difference between the Security Interest Rate and Mortgage Interest Rate exceed 50 basis points.

  • Required if the difference between the Security Interest Rate and Mortgage Interest Rate exceeds 50 basis points.

  • If more than one entry, the dates should be entered in chronological order when the changes and payments take place in the mortgage note(s).Security RateThe Security Interest Rate at the time of the new payment change.

  • Security_Interest_Rate: The Security Interest Rate is the rate that interest accrued on the HMBS for this reporting period.

  • The Security Interest Rate is the Prospective Security Rate that was calculated and reported at the close of last period.

  • SECURITY 36Version 2.0 X-1 May 25, 2007 Updated 6/8/07 HMBS Pooling and Reporting Specification‌Version 2.0 June 8, 2007 1 GENERAL INFORMATION‌1.1 IntroductionThis document is intended to be a specification that informs issuers and service bureaus how to submit HECM HMBS Pool Origination, RPB, Security Interest Rate, Pass-Through Payment, and Monthly Pool Accounting and Administration data files to Ginnie Mae’s HECM Security (HMBS) Systems.

  • The spread for the Security Interest Rate and Mortgage Interest Rate is 25 to 50 basis points.Principal & InterestThe P&I amount at the time of the new payment change.

  • The spread for the Security Interest Rate and Mortgage Interest Rate is 25 to 50 basis points.

  • The Security Prospective Weighted Average Coupon is the Security Interest Rate that will be in effect for the nextreporting period.

  • The Council participates in a campaign to promote and raise awareness of the legislation.

Related to Security Interest Rate

  • Security Interest means any mortgage, pledge, lien, charge, assignment, hypothecation or security interest or any other agreement or arrangement having a similar effect.

  • Mortgage Interest Rate The annual rate of interest borne on a Mortgage Note.

  • Prime Interest Rate means the publicly quoted variable annual basic rate of interest, published from time to time by the bankers of FUNDI as being their prime rate and as certified by the auditors of FUNDI, whose appointment it shall not be necessary to prove. Details of such bankers will be provided to the Applicant when so requested in writing.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Acceptable Security Interest in any Property means a Lien which (a) exists in favor of the Administrative Agent for the benefit of the Secured Parties, (b) is superior to all Liens or rights of any other Person in the Property encumbered thereby, other than Permitted Subject Liens, (c) secures the Obligations, and (d) is perfected and enforceable.

  • Security Interests means the security interests granted pursuant to Section 2, as well as all other security interests created or assigned as additional security for the Secured Obligations pursuant to the provisions of this Agreement.

  • First Priority means, with respect to any Lien purported to be created in any Collateral pursuant to any Collateral Document, that such Lien is the only Lien to which such Collateral is subject, other than any Permitted Lien.

  • Lien means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction.

  • Permitted Security Interest means any Security Interest:

  • Purchase Money Security Interest means Liens upon tangible personal property securing loans to any Loan Party or Subsidiary of a Loan Party or deferred payments by such Loan Party or Subsidiary for the purchase of such tangible personal property.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.