Common use of Calculation of interest Clause in Contracts

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 2 contracts

Sources: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 2 contracts

Sources: Amendment and Restatement Agreement (Mechel OAO), Amendment and Restatement Agreement (Mechel OAO)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is shall be the percentage rate per annum calculated to the nearest two decimal places, which is the aggregate of the applicablesum of: (a) the Applicable Margin; (b) LIBORthe Mandatory Cost Rate; and (c) Mandatory Costeither: (i) in relation to any Swingline Advance, if anythe relevant Swingline Rate; or (ii) in relation to any Revolving Advance, EURIBOR.

Appears in 2 contracts

Sources: Fleet Financing Facility Agreement (Avis Budget Group, Inc.), Avis Europe Interim Fleet Financing Facility Agreement (Avis Budget Group, Inc.)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ai) Margin; (bii) LIBORLIBOR or, in relation to any Advance in euro, EURIBOR; and (ciii) Mandatory Cost, if any.

Appears in 2 contracts

Sources: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Syndicated Revolving Credit Agreement (Koninklijke KPN N V)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBORLIBOR or, in relation to any Advance in Euro, EURIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Limited Liability Partnership Agreement (Abb LTD)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facility Agreement (Gold Fields LTD)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan Loans for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Supplemental Agreement (Navigator Holdings Ltd.)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period relating to it is the percentage rate per annum which is the aggregate of the applicableof: (a) the Applicable Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is will be the percentage rate per annum which is determined by the Lender in accordance with market practice to be the rate equal to the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if anyMargin and the LIBOR Reference Rate.

Appears in 1 contract

Sources: Loan Agreement (Tim Participacoes Sa)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan Advances for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facility Agreement (Quintana Shipping Ltd.)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is equal to the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if anyMargin and the LIBOR Reference Rate.

Appears in 1 contract

Sources: Loan Agreement (Tim Participacoes Sa)

Calculation of interest. (a) The rate of interest on each Advance or, as (other than a Swingline Advance and (for its first Interest Period only) the case may be, the Loan Initial Facility C Advance) for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ai) Margin; (bii) LIBORLIBOR or, in relation to any Advance in Euro, EURIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Credit Agreement (Reh Mergersub Inc)

Calculation of interest. (a) The rate of interest on each Advance or, as the case may be, the Loan (other than a Swingline Advance) for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ai) Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Multicurrency Revolving Credit Agreement (Abb LTD)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each its Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBORIBOR; and (c) Mandatory Cost, if any, in each case for that Interest Period; provided that with respect to any Advance and its initial Interest Period, the applicable IBOR shall be the rate for obligations maturing at the next Payment Date for such Advance.

Appears in 1 contract

Sources: Facility Agreement (Anthracite Capital Inc)

Calculation of interest. 5.1.1 The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is determined by the Facility Agent to be the aggregate of the applicable: (a) Margin; (b) LIBOR/EURIBOR/▇▇▇▇▇▇ (as applicable); and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facility Agreement (Stena Ab)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period relative to such Advance is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Loan Agreement (Dorian LPG Ltd.)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period relating to it is the percentage rate per annum which is the aggregate of the applicableof: (a) the Applicable Margin; (b) LIBOR; and (c) the Mandatory Cost, if any.

Appears in 1 contract

Sources: Term Loan Agreement (Ocean Rig UDW Inc.)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period its Term is the percentage rate per annum which is equal to the aggregate of the applicable: (a) Margin; (b) EURIBOR or, in the case of an Advance denominated in an Optional Currency, LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Credit Facility Agreement (Terex Corp)

Calculation of interest. The rate of interest on each the Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) 10.1.1 Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facility Agreement (Central European Distribution Corp)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loan for each Interest Period relative to such Advance is the percentage rate per annum which is the aggregate of the applicable: (a) Margin;; and (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Loan Agreement (Dorian LPG Ltd.)

Calculation of interest. The rate of interest on each the Advance or, as the case may be, the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Sources: Distribution Agreement (Central European Distribution Corp)