Changes in Interest Rates Sample Clauses

The "Changes in Interest Rates" clause defines how adjustments to interest rates will be handled during the term of an agreement. Typically, this clause outlines the circumstances under which interest rates may be increased or decreased, such as changes in benchmark rates or market conditions, and specifies the process for notifying parties of such changes. Its core function is to provide a clear mechanism for adapting to fluctuations in interest rates, thereby ensuring both parties understand how their financial obligations may be affected over time.
Changes in Interest Rates. We may change the interest rate on your variable rate accounts at any time without giving you prior notice, as further described in the Supplemental Disclosures. However, we will not change the interest rate on a time deposit account before its maturity, unless our Time Deposit Account Overview and Disclosure and supplemental account opening information permit us to do so. For more information regarding the current interest rate on your accounts, visit any UMB branch, telephone a Retail Branch Associate or contact the Service Center.
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Changes in Interest Rates. OR EXCHANGE RATES Unless agreed otherwise, changes in an interest rate or exchange rate will take effect immediately after the Bank has established them and without notice to the Customer. PAYMENT SERVICES CONDITIONS FOR THE NETHERLANDS Page 3 of 3 10. LIABILITY OF THE BANK 10.1 Without prejudice to any other provisions of the relevant Agreement, the Bank will be liable only for the actual loss suffered by the Customer as referred to in Article 6:96 Dutch Civil Code, which has been caused directly by an imputable breach in the performance of an obligation of the Bank vis-à-vis the Customer. The Bank will never be liable for indirect or consequential loss, including in any event lost profit, unrealized savings and any other advantage not realized or indirect loss suffered. 10.2 The Bank is not liable for any loss of any nature whatsoever resulting from force majeure as referred to in Article 6:75 Dutch Civil Code, including, without limitation: (a) International conflicts; (b) terrorist or other violent or armed actions; (c) measures taken by any domestic, foreign or international government authority; (d) measures taken by any supervisory authority; (e) boycotts; (f) labour disturbances and strikes among the staff of third parties or the Bank’s own staff; and (g) power failures or breakdowns in communication links or equipment or software of the Bank or of third parties.
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Changes in Interest Rates. The definitive documentation for the Senior Facilities will contain provisions under which, from and after the date of delivery of the Borrower’s financial statements covering a period of at least six full months after the Closing Date, and so long as no default shall have occurred and be continuing, interest rates under the Revolving Facility will be subject to reduction in increments to be agreed upon based upon performance goals to be agreed upon. CONFIDENTIAL May 25, 2006 EXHIBIT B Borrower: Alion Science and Technology Corporation, a Delaware corporation (the “Borrower”).
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Changes in Interest Rates. Each change in such fluctuating interest rates referred to above shall take effect simultaneously with the corresponding change in such Base Rate or Eurodollar Rate without notice to the Borrower. Interest shall be calculated on a daily basis upon the unpaid balance with each day representing 1/360th of a year.
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Related to Changes in Interest Rates

  • Fixed Interest Rates Each Mortgage Loan bears interest at a rate that remains fixed throughout the remaining term of such Mortgage Loan, except in the case of ARD Loans and situations where default interest is imposed.

  • Interest Rates All outstanding Term Loans to the Borrower shall bear interest on the unpaid principal amount thereof (including, to the extent permitted by law, on interest thereon not paid when due) from the date made until paid in full in cash at a rate determined by reference to the Base Rate or Adjusted Term SOFR plus the Applicable Margin, but not to exceed the Maximum Rate. If at any time Term Loans are outstanding with respect to which the Borrower has not delivered to the Agent a notice specifying the basis for determining the interest rate applicable thereto in accordance herewith, those Term Loans shall be treated as Base Rate Loans until notice to the contrary has been given to the Agent in accordance with this Agreement and such notice has become effective. Except as otherwise provided herein, the Term Loans shall bear interest as follows: (i) For all Base Rate Loans, at a fluctuating per annum rate equal to the Base Rate plus the Applicable Margin; and (ii) For all SOFR Rate Loans, at a fluctuating per annum rate equal to Adjusted Term SOFR plus the Applicable Margin. Each change in the Base Rate (or any component thereof) shall be reflected in the interest rate applicable to Base Rate Loans as of the effective date of such change. All computations of interest for Base Rate Loans when the Base Rate is determined by the “prime rate” shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). On the last Business Day of each calendar quarter hereafter and on the Termination Date, the Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest accrued from the last Business Day of the preceding calendar quarter to the last Business Day of such calendar quarter (or accrued to the Termination Date in the case of a payment on the Termination Date) on all Base Rate Loans in arrears. The Borrower shall pay to the Agent, for the ratable benefit of the Lenders, interest on all SOFR Rate Loans in arrears on each SOFR Interest Payment Date.

  • FIXED RATES If a fixed rate is in this Agreement, it is based on an estimate of the costs for the period covered by the rate. When the actual costs for this period are determined, an adjustment will be made to a rate of a future year(s) to compensate for the difference between the costs used to establish the fixed rate and actual costs.

  • Applicable Interest Rates (a) U.S.

  • Fixed Interest Rate The loan interest rate hereunder is determined by the latest þ1-year ☐5-year and above ☐ other LPR published on the natural day before þ the Effective Date of this Contract ☐the loan issuance date plus (plus/less) 105.000000 basis points (LPR, the loan prime rate published by the National Interbank Funding Center, 1 basis point =0.01%, the same below), subject to the loan receipts or the electronic data and vouchers generated by E-banking such as online banking. During the term of loan, the loan interest rate shall not be adjusted.