Standard Interest Rate definition

Standard Interest Rate means 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.
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Standard Interest Rate means the rate of interest determined in terms of a national exchequer act;
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Standard Interest Rate means the interest rate determined under section 89;
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Examples of Standard Interest Rate in a sentence

  • If the relevant Transaction is not repaid in full by the relevant Due Date, then interest at the Standard Interest Rate is payable from the time the Transaction is debited to your Account until it is repaid in full.

  • This means that the Standard Interest Rate applies to Balance Transfers (subject to paragraph 6.1.4) and debits to your Account of all fees, charges and interest.

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

  • These Guidelines cover all elected members of Council, all CN employees, any person or organisation contracted to or acting on behalf of CN, any person or organisation employed to work on CN premises or facilities and all Activities of CN.

  • Starting from the new Standard Interest Rate effective date, interest on respective Current Account Balance, taking into account the Value Date, is not charged unless otherwise provided by other agreements between the Bank and the Client.


More Definitions of Standard Interest Rate

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.
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Standard Interest Rate has the meaning set forth in Section 2(d)(1) of this Agreement.
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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.
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Standard Interest Rate means the base lending rates published from time to time by HSBC Bank plc during any relevant period;
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Standard Interest Rate means 10% per annum.
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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.
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Standard Interest Rate means six percent (6%) per annum.
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