Examples of Special Promotion in a sentence
For Advances not subject to Special Promotion or for those time periods when a Special Promotion does not apply, you agree to pay from the Time of Each Advance until paid in full interest at the non-default annual rate equal to ten percent (10.00%) in excess of the Prime Rate (the “Standard Rate”), which rate shall be adjusted as of each day of change thereof to reflect changes in the Prime Rate.
Upon expiration of a Special Promotion rate you understand that the rate will be automatically and immediately, without additional notice, adjusted to the Standard Rate.
Changes to Your Account Agreement and Credit Limit: Except as otherwise prohibited by law, at RAF’s discretion, RAF may change your credit limit, Maturity Date, fees, costs, interest rate, Special Promotion, or other terms of your Agreement at any time.
In the event any change will cause a fee, rate or minimum payment to increase (other than due to a change in the Prime Rate, expiration of a Special Promotion or event of default ), RAF will mail you written notice at least 15 days before the beginning of the billing period in which the change will become effective.
The applicable Special Promotion will be identified in your Billing Statements (as defined herein).