Common use of FINANCING RATE Clause in Contracts

FINANCING RATE. Interest shall accrue on the principal amount of the Loan at the Financing Rate. The Financing Rate is 1.85% per annum, compounded annually, using an actual-days-elapsed/365 day counting convention, as indicated by the Disbursement/Payment schedule attached as Exhibit B. Interest will begin to accrue on the date of Disbursement.

FINANCING RATE. Interest shall accrue on the principal amount of the Loan at the Financing RateRate (defined below). The Financing Rate is 1.853.50% per annum, compounded annually, using an actual-days-elapsed/365 day counting convention, as indicated by the schedule of Loan Disbursement/Payment schedule Repayments attached hereto as Exhibit B. Interest will begin to accrue on the date of Disbursement.B.