Stipulated Interest Rate definition

Stipulated Interest Rate means a rate per annum equal to the rate for U.S. Treasury debt securities of the same tenor as the remaining period of the Charter on the date of calculation plus three (3)%.

Stipulated Interest Rate means, for any period, a rate per annum equal to the Prime Rate in effect during such period plus 2 percent per annum.

Stipulated Interest Rate means the lesser of (i) two percent (2%) per annum above the greater of (A) the published base rate of Citibank, N.A., in New York, New York, in effect from time to time and (B) the rate of interest on the 2009 Designated Installment and (ii) the highest interest rate per annum permitted by Applicable Law.

Examples of Stipulated Interest Rate in a sentence

• Upon receipt of a signed allonge, the department shall sign the allonge and send a copy thereof to the recipient.Env-Dw 1107.11 Adjustment to Stipulated Interest Rate.

• If any Service Fee shall not be paid at the place and time provided in Section 5.4 hereof, the County shall pay to the Authority interest (to the extent permitted by law) on such overdue amount from and including the due date thereof to but excluding the date of payment thereof (unless such payment shall be made after noon, local time, at the place of payment on such date of payment, in which case such date of payment shall be included) at the Stipulated Interest Rate.

• To the extent that all or a portion of such amount is not paid on such date, such amount (or the unpaid portion thereof) shall bear interest at the Stipulated Interest Rate from such date until and through the date that such amount has been paid in full.

• If it is determined that the Employer has made a claim under the Local Content and Related Obligations Performance Security that it was not entitled to make, the Employer shall refund the excess amount claimed and pay interest thereon to the Contractor, calculated at the Stipulated Interest Rate from the date on which the amount was paid to the Employer to the date on which it is refunded to the Contractor.

• If any such deposit as is to be returned pursuant to Condition 37 shall not have been returned to the Purchaser within five Working Days from the date upon which the Sale shall have been rescinded, the Purchaser shall be entitled to interest thereon at the Stipulated Interest Rate from the expiration of the said period of five Working Days to the date upon which the deposit shall have been so returned.

More Definitions of Stipulated Interest Rate

Stipulated Interest Rate means, for any period, a rate per annum equal to LIBOR in effect during such period plus 2% per annum.

Stipulated Interest Rate means the rate of ten percent (10%) per annum.

Stipulated Interest Rate means the interest rate specified in the Memorandum, or, if no rate is so specified, such rate as shall equate to 4 per centum per annum above the Court Rate obtaining pursuant to Section 22, Courts Act, 1981 and ruling at the date from which interest is to run

Stipulated Interest Rate in Section 1 of the Lease is hereby amended in its entirety to read as follows:

Stipulated Interest Rate means the interest rate specified in the Memorandum, or, if no rate is so specified, such rate as shall equate to 4 per centum per annum over the rate (as annualised) of interest payable upon tax chargeable under the Capital Acquisitions Tax Act, 1976 and ruling at the date from which interest hereunder is to run

Stipulated Interest Rate means a rate per annum equal to two per cent (2%); Subsidiary of any Person means a corporation, company or other entity (i) more than 50% of whose outstanding shares or securities (representing the right to vote for the election of directors or other managing authority) are, or (ii) which does not have outstanding shares or securities (as may be the case in a partnership, joint venture or unincorporated association), but more than 50% of whose ownership interest representing the right to make decisions for such other entity is, now or hereafter owned or controlled, directly or indirectly, by such Person, but such corporation, company or other entity shall be deemed to be a Subsidiary only so long as such ownership or control exists; EXECUTION COPY Tax or Taxes means all fees (including documentation, license and registration fees), taxes, assessments, levies, impositions, duties, withholdings and other governmental charges of any nature whatsoever (including taxes based upon or measured by gross receipts, income, profits, sales, use or occupation, and value added, ad valorem, transfer, franchise, withholding, payroll, social security, employment, excise, documentary, stamp, corporation, corporation profits, advance corporation, capital duty, capital gains, capital acquisitions, wealth, vehicle registration, social insurance, and property taxes), together with all interest, fines, penalties and additions imposed with respect to such amounts;

Stipulated Interest Rate means 11.20% per annum (computed on the basis of a 360-day year of 12 30-day months).