Temporary Interest Rate definition

Temporary Interest Rate. Temporary P&I Installment______________ Effective Start Date (MMYY):_____ Current Pass-Through Rate: _______[____]% LPI Date (MMYY):_________________ UPB: $___________________________ Expected End Date (MMYY):________ Actual End Date (MMYY):_______________ Next Scheduled ARM Adjustment Date, if applicable (MMYY): Has additional forbearance been extended? _____ Yes _____ No If so, describe the terms of the agreement, including when it begins and ends. [Attach Request for Military Indulgence (Form 180) if one was obtained. Servicer Name & Address Signed: ______________________________________________________________________ Typed Name and Title:_________________________________________________________ Contact Phone No.:____________________________________________________________ EXHIBIT G-2 REQUEST FOR MILITARY INDULGENCE Request For Military Indulgence ---------------------------------------------------------------------------------------------------------------------- This Form Does Not Affect Your Rights Under The Soldiers' and Sailors' Civil Relief Act ------------------------------------------------------------ --------------------------------------------------------- Loan Number FHA/VA/MI Case Number ------------------------------------------------------------ --------------------------------------------------------- Mortgagor (or Trustee) ---------------------------------------------------------------------------------------------------------------------- Address of Property ---------------------------------------------------------------------------------------------------------------------- and -------------------------------------------------------- ------------------------------------------------------- mortgagors, trustors or present owners, hereinafter referred to as "Mortgagor," make the following statement: 1. Name of Person in Military Service _____________________________ Date of Birth ____________ 2. If the person in Military Service is not the Mortgagor, what is his or her relationship to the Mortgagor?
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Temporary Interest Rate. Temporary P&I Installment________________ Effective Start Date (MMYY): _______ Current Pass-Through Rate: _______[____]% LPI Date (MMYY): ___________________ UPB: $______________________________ Expected End Date (MMYY): __________ Actual End Date (MMYY): _________________ Next Scheduled ARM Adjustment Date, if applicable (MMYY): _______________ Has additional forbearance been extended? _____ Yes _____ No If so, describe the terms of the agreement, including when it begins and ends. [Attach Request for Military Indulgence (Form 180) if one was obtained.] ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ Servicer Name & Address ________________________________________________________________________________ Signed: ________________________________________________________________________
Sample 1

Examples of Temporary Interest Rate in a sentence

  • It also closes the Temporary Interest Rate Balancing Account (TIRBA) adopted by the Commission in 2009 and authorizes a credit of $1,141,919 to be refunded to customers over a 12-month period.

Related to Temporary Interest Rate

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Cash Interest Rate means the Federal Funds Effective Rate - the rate for that day opposite the caption “Federal Funds (Effective)” as set forth in the weekly statistical release designated as H.15 (519), or any successor publication, published by the Board of Governors of the Federal Reserve System.

  • Class A-1 Interest Rate means 0.48000% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • Class A-2a Interest Rate means 0.45% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Stripped Interest Rate For each Mortgage Loan, the excess, if any, of the Net Mortgage Rate for such Mortgage Loan over the Remittance Rate.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Class C Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Daily Interest Rate means an amount calculated by dividing the interest rate payable to a Lender on a Loan (as set forth in subsection 2.2) as of each calendar day by three hundred sixty (360).

  • PIK Interest Rate means (a) in respect of any Interest Period, the Additional Tax Payer Protection Rate plus (b) in respect of any Interest Period ending on or prior to the first anniversary of the date hereof, the Adjusted LIBO Rate plus the Applicable Rate.

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Capped Interest Rate is defined in the Note, if applicable.

  • Contract Interest Rate means the lesser of (a) the highest rate permitted under Requirements of Law or (b) 200 basis points per annum plus the rate per annum equal to the publicly announced prime rate or reference rate for commercial loans to large businesses in effect from time to time quoted by Citibank, N.A. as its "prime rate." If a Citibank, N.A. prime rate is not available, the applicable prime rate shall be the announced prime rate or reference rate for commercial loans in effect from time to time quoted by a bank with $10 billion or more in assets in New York City, N.Y., selected by the Party to whom interest is being paid. "Contract Price" means the applicable price, expressed in $/MWh for Net Output and Capacity Rights stated in Section 5.1.

  • Floating Interest Rate means the variable annual interest rate calculated for each Interest Adjustment Period so as to equal the Index Rate for such Interest Adjustment Period (truncated at the 5th decimal place if necessary) plus the Margin. However, in no event will the Floating Interest Rate exceed the Capped Interest Rate.

  • Collateral Interest Rate means the rate published in The Wall Street Journal as the “Prime Rate” from time to time (or, if more than one such rate is published, the arithmetic mean of such rates), or, if such rate is no longer published, a successor rate agreed to by Buyer and Seller, in each case determined as of the date the obligation to pay interest arises, but in no event more than the maximum rate permitted by applicable Law in transactions involving entities having the same characteristics as the Parties.

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Adjusted Net Mortgage Interest Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Interest Rate less the Expense Fee Rate.

  • Adjusted Interest Rate is defined in Section 1.2(e).

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Interest Rate Cap means any interest rate cap transaction entered into pursuant to the Agreement between Party A and Party B as evidenced by a Confirmation;

  • Assumed Interest Rate means the annual yield payable on the last day of the applicable Calculation Period on ten (10) year United States Treasury obligations in amounts approximating the outstanding principal balance of the Loan on the last day of the Calculation Period plus two hundred fifty (250) basis points per annum; provided, however, that the Assumed Interest Rate shall be not less than six percent (6.0%) per annum.

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Component Interest Rate Not applicable.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.