Common use of Cost of funds Clause in Contracts

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (

Appears in 5 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.)

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Cost of funds. If paragraph (c) above clause 3.5.1 applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 3 contracts

Samples: Facility Agreement (Euroseas Ltd.), Supplemental Agreement (EuroDry Ltd.), Agreement (EuroDry Ltd.)

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (5.7 shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 3 contracts

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

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 10.3 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 2 contracts

Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Castor Maritime Inc.)

Cost of funds. If sub-paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFRSOFR is not available for an Interest Period of the relevant Loan, there shall be no Reference Rate for the that Loan or that part of the Loan (as applicable) and Clause 3.7 5.3.1 (Market Disruption) shall apply to that Loan for that Interest Period.

Appears in 2 contracts

Samples: Supplemental Agreement (Grindrod Shipping Holdings Ltd.), Supplemental Agreement (Grindrod Shipping Holdings Ltd.)

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Term Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Cost of Funds) shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 2 contracts

Samples: Second Supplemental Agreement (Seanergy Maritime Holdings Corp.), First Supplemental Agreement (Castor Maritime Inc.)

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Term SOFR Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 10.3 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 1 contract

Samples: Assignment Agreement (Castor Maritime Inc.)

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Cost of Funds) shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 1 contract

Samples: Supplemental Agreement (Toro Corp.)

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Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 7.3 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Cost of funds. If paragraph (c) above Clause 3.6.3 applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 3.8 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 1 contract

Samples: Navios Maritime Partners L.P.

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the a Loan or that part of the a Loan (as applicable) and Clause 3.7 clause 10.3 (Cost of funds) shall apply to that Loan or that part of that Loan for that Interest Period.

Appears in 1 contract

Samples: Navigator Holdings Ltd.

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Term Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 11.4 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.

Appears in 1 contract

Samples: Agreement (Okeanis Eco Tankers Corp.)

Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there Paragraph 4.4 (Cost of funds) below shall be no Reference Rate apply to that Term SOFR Loan for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Interest Period.

Appears in 1 contract

Samples: Loan Facility Agreement (EuroDry Ltd.)

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