Additional Rate of Interest definition

Additional Rate of Interest means the additional interest at the rate as mentioned in Schedule I hereof payable by the Borrower to the Bank.
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Additional Rate of Interest means zero per cent. per annum or, in the event that the Net Debt-to-EBITDA Ratio falls within one of the ranges set out in column 1 of the table below (as certified by the Issuer to the Trustee and the Principal Paying Agent in the Compliance Certificate delivered immediately prior to the relevant Interest Payment Date) the applicable Additional Rate of Interest for such Interest Period shall be the corresponding amount set out in column 2 opposite the relevant Net Debt-to-EBITDA Ratio in the table below, provided that the
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Related to Additional Rate of Interest

  • Initial Rate of Interest means the initial rate of interest per annum specified as such in the relevant Final Terms;

  • Reset Rate of Interest means, in relation to a Reset Interest Period, the 7-year Mid-Swap Rate determined for such Reset Interest Period by the Fiscal Agent in accordance with Condition 5 (Interest);

  • Default Rate of Interest means a rate of interest per annum on any Obligations hereunder, equal to the sum of: (a) two percent (2%) and (b) the applicable increment over the Base Rate (as set forth in paragraph 8.1 hereof) plus the Base Rate, which the Lender shall be entitled to charge the Companies on all Obligations due the Lender by the Companies, as further set forth in Paragraph 10.2 of Section 10 of this Financing Agreement.

  • Rate of Interest means the rate of interest payable from time to time in respect of this Note and that is either specified or calculated in accordance with the provisions hereon.

  • Prime Rate of Interest means the prime rate of interest published from time to time in the Wall Street Journal as the prime rate; provided, however that if the Wall Street Journal does not publish the Prime Rate of Interest, then the term “Prime Rate of Interest” shall mean the rate of interest publicly announced by Bank of America, N.A., as its Prime Rate, Base Rate, Reference Rate or the equivalent of such rate, whether or not such bank makes loans to customers at, above, or below said rate.