Common use of Calculation of interest Clause in Contracts

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 of the Loan Agreement.

Appears in 12 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Guarantee (Seacastle Inc.), Loan Agreement (Mc Shipping Inc)

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Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 6 of the Loan Agreement.

Appears in 8 contracts

Samples: Agreement (DryShips Inc.), Supplemental Agreement (TBS International PLC), Loan Agreement (Mc Shipping Inc)

Calculation of interest. Interest on sums payable under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 6 of the Loan Agreement.

Appears in 8 contracts

Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Prestige Cruises International, Inc.)

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 5 of the Loan Agreement.

Appears in 4 contracts

Samples: Master Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), EuroDry Ltd.

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 5 and clause 7 of the Loan Agreement.

Appears in 2 contracts

Samples: Loan Agreement (DryShips Inc.), DryShips Inc.

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 6 of the Loan Guarantee Facility Agreement.

Appears in 2 contracts

Samples: Guarantee Facility Agreement (TBS International LTD), Guarantee (TBS International PLC)

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under accordance with clause 7 of the Loan Agreement.

Appears in 2 contracts

Samples: Euronav NV, International Seaways, Inc.

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause Clause 7 of the Loan Agreement.

Appears in 1 contract

Samples: Britannia Bulk Holdings Inc

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause clauses 5 (Interest) and 7 (Default Interest) of the Loan Agreement.

Appears in 1 contract

Samples: EuroDry Ltd.

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Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 5 (Interest) of the Loan Agreement.

Appears in 1 contract

Samples: EuroDry Ltd.

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 Clause 3 (Interest) of the Loan Agreement.

Appears in 1 contract

Samples: Seanergy Maritime Holdings Corp.

Calculation of interest. Interest under this Corporate Guarantee shall be calculated and accrue in the same way as interest is calculated under clause 7 of the Loan Agreement.

Appears in 1 contract

Samples: DryShips Inc.

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 3 of the Loan Agreement.

Appears in 1 contract

Samples: Seanergy Maritime Holdings Corp.

Calculation of interest. Interest under this Guarantee shall be calculated and accrue in the same way as interest under clause 7 (default interest) of the Loan Agreement.

Appears in 1 contract

Samples: Scorpio Tankers Inc.

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