Effective Rate of Interest definition

Effective Rate of Interest means the effective rate of interest equal to the sum of the Coupon Conversion Commission, Conversion Commission (where relevant) and the Annual Effective Rate of Interest.

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Effective Rate of Interest means an effective rate of interest of 11.310% p.a. "Fixed Coupon" has the meaning set out in paragraph 4.2.

Effective Rate of Interest means the effective rate of interest equal to the sum of the Coupon Conversion Commission, Conversion Commission (where relevant) and the Annual Effective Rate of Interest. During the Conversion Option Period, the Effective Rate of Interest will be 10.190% per annum, and subsequently thereto 9.790% per annum.

Examples of Effective Rate of Interest in a sentence

The Applicable Rate of interest for the facility granted/ to be granted to the Borrower is as follows: Sl. No. Nature of the limit ……… month(s) MCLR Reset period Spread Effective Rate of Interest (C + E) Rest Remarks, if any.
TOMER CO Effective Rate of Interest means a consolidated rate consisting of respective year’s MCLR Rate + Corresponding Tenure Premium + Credit Risk Premium + Business Strategy Spread.
No. Nature of the limit ……… month(s) MCLR Reset period Spread Effective Rate of Interest (C + E) Rest Remarks, if any.
Effective Rate of Interest means a consolidated rate consisting of respective year’s MCLR Rate + Corresponding Tenure Premium + Credit Risk Premium + Business Strategy Spread.
Nature Revolving Interest Reset: Annually Tenor 12 months subject to payable on demand / annual review Interest Payment: Monthly Purpose For Working Capital (Effective Rate of Interest is subject to change in MCLR on the date of disbursement) Availability 12 months subject to annual review Margin: Nil Repayment On Demand / Annual Review Security: SBLC issued by UBS Bank amounting USD 2MM equivalent approx INR 130 MM issued by shareholder of M/s MoneyOnMobile Inc - ▇▇.
The customer IRR (Effective Rate of Interest) has been fixed above this rate by applying a suitable margin representing Credit Risk Premium and Business Strategy Spread, as may be applicable.

Effective Rate of Interest means the aggregate of BPLR, TP and Spread.

Effective Rate of Interest means the effective rate of interest equal to the sum of the Coupon Conversion Commission, Conversion Commission (where relevant) and the Annual Effective Rate of Interest. During the Conversion Period, the Effective Rate of Interest will be 11.510 per cent p.a. and subsequently thereto 11.110 per cent p.a.

Effective Rate shall have the meaning given to such term in Section 2.7(e).
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.
Substitute Reference Rate of Interest means another reference rate of interest which is either officially announced as the successor reference rate of interest and may be used in accordance with the applicable law or, failing that, in the opinion of the Issuer, comes as close as possible to the composition of the Reference Rate of Interest and may be used in accordance with the applicable law.
Reference Rate of Interest Event means, with respect to the Swap Rate or any subsequent Reference Rate of Interest (the "Reference Rate of Interest") one of the following events:
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);