Sentences with phrase «annum rate»

At the option of the REIT's operating partnership, draws under the facility bear interest at per annum rates equal to (1) the Eurodollar Rate plus a margin ranging from 2.0 percent to 3.0 percent based on the REIT's consolidated leverage ratio or (2) the greater of Bank of America's prime rate, the Federal Funds Rate plus 0.50 percent or the one - month Eurodollar Rate plus 1.0 percent, plus a margin ranging from 1.0 percent to 2.0 percent based on the REIT's consolidated leverage ratio.

Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 %) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offering.

But if Mormonism continues to grow at its present 5 per cent per annum rate for a few more years, this situation is bound to change.

Premiums are generally charged either as a percentage of sales or as a per annum rate on limits.

A 5 percent interest rate compounded daily equals a 5.1267 percent per annum rate.

Consequently, the per annum rate is always higher than a compounded rate.

For example, a 5 percent interest rate compounded monthly is equal to a 5.116 percent per annum rate.