Standard Interest Rate definition

Standard Interest Rate. The term “Standard Interest Rate” shall mean the greater of (a) 6%, or (b) the sum of that rate quoted by Xxxxx Fargo Bank, N.T. & S. A., from time to time as its prime rate, plus two percent (2%), but in no event more than the maximum rate of interest not prohibited or made usurious.

Standard Interest Rate means the rate of interest determined in terms of a national exchequer act;

Standard Interest Rate means 10% per annum.

Examples of Standard Interest Rate in a sentence

• Moreover, the Parties have agreed that the Bank is deemed to have properly warned the Client about changing the Standard Interest Rate if he has informed the Client by posting information on the Bank's Official Website.

• Such further discounted interest rates apply only to an entire project using the Standard Interest Rate.

• Up until the Loan Period End Date, interest shall accrue on the Amount Outstanding at the Standard Interest Rate, such interest to be simple interest calculated on a daily basis, and will be payable to the Lender in addition to the original Loan amount.

• When a Startup Interest Period expires the Standard Interest Rate will then apply to the balance remaining.

• In this case, the Parties agree that the Bank shall be deemed to have duly notified the Client of the change in the amount of the Standard Interest Rate if it notifies the Client by posting information on the Bank's Official Website.

More Definitions of Standard Interest Rate

Standard Interest Rate means the interest rate determined under section 89;

Standard Interest Rate has the meaning set forth in Section 2(d)(1) of this Agreement.

Standard Interest Rate means, in the case of the 2022 Notes, 1.414% perannum and, in the case of the 2026 Notes, 2.425% per annum.

Standard Interest Rate means the base lending rates published from time to time by HSBC Bank plc during any relevant period;

Standard Interest Rate means the 2022 Standard Interest Rate, in the case of the 2022 Notes, and the 2026 Standard Interest Rate, in the case of the 2026 Notes.

Standard Interest Rate means that term as defined in Treas. Reg. section 1.401(a)(4)-12, or any successor regulation thereto.

Standard Interest Rate means the arithmetic mean of EURIBOR for the calendar months to which the calculation of interest relates plus 1% per annum and rounded to two decimal places.