Loan Interest Rate and Interest Sample Clauses

Loan Interest Rate and Interest. 4.1 The annual interest rate of the Loan under the Contract is [8%/year], and should not be adjusted within the Loan Term. The corresponding interest should be calculated for the Loan under the Contract since the Loan issuance date according to the interest rate agreed in the Contract, and the daily interest rate should be calculated as annual interest rate/360. Unless otherwise specified, the interests of various loans within the Loan Term should be calculated as: Loan Interest Rate = Trust Loan Principal x actual loan days x daily interest rate. Therein, each Trust Loan Principal balance refers to the difference between the total amount of the Trust Loan issued by Party A and the total amount of the Loan principal actually repaid by Party B (hereinafter inclusive). Within the Loan Term, in case any Trust Loan Principal balance is changed, the Loan interest should be calculated by installment. Additionally, the actual days of each loan refers to the days from the issuance date to the expiry date of the Loan concerned. 4.2 In case the Borrower fails to pay off any due payables as agreed in the Contract, additional interests should be collected for such overdue funds at [50]% (“Overdue Default Interest Rate”) of the Loan Interest Rate since the overdue date till all payables are paid off. 4.3 In case the Borrower embezzles any loan fund, additional interests should be collected for such embezzled funds at [100]% (“Embezzlement Default Interest Rate”) of the Loan Interest Rate since the embezzlement occurrence date till the end of such embezzlement. 4.4 In case the same loan is overdue and embezzled, the higher Default Interest Rate should prevail. 4.5 For the interests incurred from the overdue funds and the embezzled funds, the compound interests should be calculated according to the corresponding Default Interest Rate. 4.6 For any unliquidated funds under the Contract, the corresponding interests should be calculated and/or the default interests should be daily calculated according to the actual days, and the daily interest rate should be calculated as annual interest rate/360.
Loan Interest Rate and Interest. In consistent with the entrusted loan contract, the followings are agreed between both parties hereunder: 4.1. The loan interest rate shall be subject to the benchmark interest rate of People’s Bank of China with the same class loan and period as of the date of the contract hereunder; the loan interest rate shall be calculated by raising the benchmark interest rate to 158.175600%, namely, the loan rate interest shall be 15.000002%;
Loan Interest Rate and Interest. 5.1 Interest Rate 5.1.1 Type of Interest Rate to Adopt [ ] Fixed Interest Rate [ ] Floating Interest Rate
Loan Interest Rate and Interest. 5.1 Determination of within the term hereof (check the box if applicable): 5.1.1 The loan is based on (check the appropriate box): ¨Fixed interest rate þFloating interest rate 5.1.2 The interest rate shall use þThe the Loan Prime Rate with a term of þ1 year /¨more than 5 years published by the National Interbank Funding Center as benchmark lending rate for loans on one business day before the pricing date, ¨plus /þminus 100 basis points (BPs). Or ¨ / as the benchmark lending rate, ¨plus / ¨minus / basis points (BPs), or / % ¨above /¨below the benchmark lending rate. Floating on the basis of the benchmark interest rate (hereinafter referred to as the Floating Ratio) or plus or minus basic points (hereinafter referred to as Basic Points) as agreed herein refers to the Floating Ratio and/or Basic Points determined at the time of signature of this Agreement. If the Floating Ratio or Basis Points (BPs) and other interest rate elements stipulated in this Agreement are inconsistent with the records of the loan note (or Party A’s system), the latter shall prevail. 5.1.3 The pricing date refers to the reference date used to determine the benchmark interest rate within the loan period or floating period. If the loan is based on a fixed interest rate, the pricing date shall be the actual loan granting date; If the loan is based on a floating interest rate, the pricing date shall be determined according to the provisions of Clause 5.1.4. 5.1.4 If this loan is based on a floating interest rate, the rate shall be adjusted every 3 months/ / days. The benchmark interest rate applicable in each floating period shall be determined according to the provisions of this clause. The actual loan granting date shall be the pricing date of the first floating period, and the first day of each floating period thereafter shall be the pricing date of such floating period. 5.1.5 If the People’s Bank of China adjusts the loan interest rate during the loan period, relevant provisions of the People’s Bank of China shall apply. 5.1.6 Unless otherwise specified, the interest rate of the loan under this Agreement is calculated using the simple interest method.
Loan Interest Rate and Interest. 5.1 Loan Interest Rate 5.1.1 The interest rate of loans in RMB is determined as Floating Interest Rate
Loan Interest Rate and Interest. 4.1 The loan interest rate of the loan shall be determined with the following means in type (1): (1) Go up (up / down) by 10 (% or BPs) as per benchmark interest rate over the same period on the same grade of the People's Bank of China on the actual withdrawal date of the loan, i.e. loan interest rate of the Contract is 5.841%. (2) Go (up / down) by 10 (% or BPs) as per benchmark interest rate over the same period on the same grade of the People's Bank of China on the actual withdrawal date of the loan, i.e. loan interest rate of the contract is %. 4.2 The Loan adopts the following means in type 2 to determine adjustment mode of the interest rate. (1) Fixed interest rate, interest rate remains unchanged within loan period. (2) Floating interest rate, adjusted in accordance with the following means in type 1, loan interest rate after adjustment is interest rate after floating in accordance with means of agreement of Section 4.1 of the Contract based on applicable benchmark interest rate of People's Bank of China over the same period and on the same grade on the interest rate adjustment date. ① From actual withdrawal date, the first interest rate adjustment date is determined on____ (D/M/Y), and adjust the interest rate every ____ (in words) month (1/3/6/12) since interest rate adjustment date, for interest rate adjustment date being date corresponding to the first interest rate adjustment date, then the last day of the adjustment month is the interest rate adjustment date. 4.3 The interest of the loan is calculated from the date of actual withdrawal, calculation formula of the interest is: interest= actual loan balance× actual days during the interest calculation × annual interest rate / 360 days. 4.4 As to non-one-time loan repayment, the first interest settlement date is on September 20, 2010, interest settle means is the following type (2). (1) Monthly interest settlement, interest settlement date is the 20th of each month; (2) Quarterly interest settlement, interest settlement date is the 20th of the end month of each quarter. 4.5 Party A shall, before each interest settlement date, prepare enough corresponding amount ahead of time in Party B’s account, for Party B’s deduction and collection of interest on the account; in case Party A choose to pay interest to Party B in other means, scheduled interest remittance shall be guaranteed. if the interest settlement date is not a banking day, then the interest shall be remitted one day ahead of the banking da...
Loan Interest Rate and Interest. Article 6.1 The loan interest rate adopts annualized interest rate, which is calculated according to the simple interest calculation method, and the annual interest rate is 12.0000%. Article 6.2 within the validity period of the loan limit, Party B has the right to adjust the annualized interest rate agreed in Article 6.1 (including but not limited to lowering and raising) according to Party A’s credit situation or identified risk control factors or other legitimate reasons. The loan interest rate of a single withdrawal is fixed during the loan term of the withdrawal. If Party B adjusts the loan interest rate, it will notify Party A by SMS through the mobile phone number reserved by Party A. Once the SMS is sent, it shall be deemed that Party B has notified Party A. If Party A continues to apply for withdrawal after the adjustment of loan interest rate, it shall be deemed that Party A has known the adjusted interest rate standard. The withdrawal shall be executed according to the new loan interest rate, and the specific loan interest rate shall be subject to the IOU. Article 6.3 The loan hereunder shall bear interest from the withdrawal date. The interest period is from the withdrawal date or the next day of the previous interest settlement date to the interest settlement date, and the first and last days of the aforesaid period include that date. Article 6.4 If Party A fails to repay the due and unpaid loan principal on time, Party B shall charge Party A 50% overdue penalty interest on the basis of the effective interest rate from the overdue date (including that date) until Party A repays the principal and interest of the loan; For the interest and overdue penalty interest that Party A cannot pay on time, compound interest shall be calculated at the overdue interest rate, and calculated according to the actual overdue days and accumulated monthly. Article 6.5 If Party A fails to use the loan funds according to the agreed purpose, Party B shall charge Party A 100% penalty interest on the loan amount used in breach of Agreement on the basis of the effective interest rate from the date of breach (including that date); For the interest and overdue penalty interest that Party A fails to pay on time, compound interest shall be charged at the overdue interest rate, calculated according to the actual days of misappropriation, and accumulated monthly. Article 6.6 If a loan fund is both overdue and misappropriated, the higher interest rate shall apply.
Loan Interest Rate and Interest. The monthly interest rate for the loan under this contract is 4.875%. The interest will be computed on monthly basis, starting from the exact date of loan drawn. The closing date of calculating interest is 20th on each month. Upon the expiry date of the loan, interest should be cleared with the principal.
Loan Interest Rate and Interest 

Related to Loan Interest Rate and Interest

  • Interest and Interest Rates The rate or rates at which the Notes shall bear interest, the date or dates from which such interest shall accrue, the interest payment dates on which any such interest shall be payable and the regular record date for any interest payable on any interest payment date, in each case, shall be as set forth in the form of Note set forth as Exhibit A hereto.

  • Notice of Interest Period and Interest Rate Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.09 or a notice of selection of an Interest Period pursuant to the definition of “Interest Period”, the Administrative Agent shall give notice to the Borrower and each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

  • Payment and Interest The amount determined payable pursuant to the decision, less any portion already paid, normally should be paid without awaiting Contractor action concerning appeal. Such payments shall be without prejudice to the rights of either party. Interest on amounts ultimately determined to be due to a Contractor shall be payable at the Statutory rate applicable to judgments against the State under Chapter 662, HRS from the date of receipt of a properly certified final written statement of actual adjustment required until the date of decision; except, however, that if an action is initiated in circuit court, interest under this Section 7.25, DISPUTES AND CLAIMS (§3-126-31 HAR) shall only be calculated until the time such action is initiated. Interest on amounts due the Department from the Contractor shall be payable at the same rate from the date of issuance of the Project Manager’s notice to the Contractor. Where such payments are required to be returned by a subsequent decision, interest on such payments shall be paid at the statutory rate from the date of payment.

  • Notification of Rate of Interest and Interest Amounts The Principal Paying Agent will cause the Rate of Interest and each Interest Amount for each Interest Period and the relevant Interest Payment Date to be notified to the Issuer and any stock exchange on which the relevant Floating Rate Notes or Index Linked Interest Notes are for the time being listed and notice thereof to be published in accordance with Condition 15 as soon as possible after their determination but in no event later than the fourth London Business Day thereafter. Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without prior notice in the event of an extension or shortening of the Interest Period. Any such amendment will be promptly notified to each stock exchange on which the relevant Floating Rate Notes or Index Linked Interest Notes are for the time being listed and to the Noteholders in accordance with Condition 15. For the purposes of this paragraph, the expression “

  • 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.