Define: Interest Rate

What does "Interest Rate" mean? The meaning differs based on the contract. We found 3 definitions across 3 companies in SEC filings.

Definition 1 (Walmart Inc., seen in 1 filing)

Interest Rate means a daily rate of simple interest based on the yield on United States Treasury securities (not indexed for inflation) with a constant maturity of ten (10) years, as of the first business day of January preceding such Plan Year, plus two hundred seventy (270) basis points.

Source: Walmart Inc. 10-K

Definition 2 (NVIDIA CORP, seen in 1 filing)

Interest Rate means an annual rate of ten percent (10%).

Source: NVIDIA CORP S-1

Definition 3 (Bloom Energy Corp, seen in 1 filing)

Interest Rate means ten percent (10%) per annum, but in no case greater than the maximum amount of such interest permitted by law.

Source: Bloom Energy Corp 10-K

Data extracted from 3 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 3
Companies: 3
Keywords:
Interest Ratedefinitioncontract languagelegal termSEC filing

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