Fixed Interest Sample Clauses

Fixed Interest. Fixed interest shall accrue on the principal balance outstanding hereunder at the rate of 8.5% per annum during the period from and including the date hereof through and including the payment in full of the principal balance of the Note (the "FIXED INTEREST"). Fixed Interest shall be payable in arrears on the last day of each March, June, September and December commencing on June 30, 1997. Fixed Interest shall be computed on the basis of a 360-day year of twelve 30-day months. Each Maker acknowledges that the Fixed Interest shall be calculated on an aggregate basis and that each Maker shall be jointly and severally liable for the payment of the entire amount of Fixed Interest.

Fixed Interest. (a) Fixed Interest shall accrue and compound on a daily basis from the applicable Funding Date and shall be computed on the basis of a 360-day year of twelve (12) thirty (30)-day months and the actual days elapsed. (b) With respect to each Interest Payment Period, Fixed Interest on each Loan shall be payable by Borrower to Lender in arrears as follows: (i) During the period commencing on the Tranche A Funding Date and ending on the Interest Payment Date that is thirty-six (36) months after the Tranche A Funding Date occurs, on each Interest Payment Date, (A) an amount equal to the Cash Amount calculated with respect to the preceding Interest Payment Period shall be due and payable and (B) an amount equal to the Deferred Interest Amount calculated with respect to such Interest Payment Period shall be added to the Outstanding Principal Balance on and capitalized as of such Interest Payment Date. (ii) During the period commencing after the thirty-sixth (36th) Interest Payment Date after the Tranche A Funding Date occurs and ending on the applicable Maturity Date, Fixed Interest calculated with respect to the preceding Interest Payment Period shall be due and payable in full on each Interest Payment Date. (c) Notwithstanding anything to the contrary herein, in the event of any repayment or prepayment of any Loan (including principal payments due under Section 3.01), accrued Fixed Interest on the principal amount repaid or prepaid through and including the date of repayment or prepayment shall be payable on the date of such repayment or prepayment. CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT UNDER RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.

Fixed Interest. The Borrower(s) agree store pay the loan amount at the rate fixed for the entire tenure of the loan as given in Schedule I(h) of the agreement in equated monthly installments (EMI) stated in Schedule I (f) of the agreement.

Fixed Interest. The applicable fixed interest to the Principal shall be an annually accrued fixed rate of 8% (the "Fixed Interest"), which shall be calculated based on a 360 days year and shall be due and payable on the Maturity Date (as defined in clause 3 below). The Fixed Interest shall be added to the Principal and considered for the purposes of capitalizing the Loan, excluding any withholding tax to be applied to the Fixed Interest.

Fixed Interest rate for paragraph 1 (1) of this article: The interest shall be calculated from the actual date of the borrow and the actual amount and the days used. Interest calculation formula: interest = principal * actual days * day interest rate. The calculation base of daily interest rate is 360 days a year, and the conversion formula is: daily interest rate = annual interest rate / 360.

Fixed Interest. The initial fixed account interest rate applies from the Contract Date through the end of the initial Interest Term and is shown on the Contract data page. At the end of each Interest Term, we will declare, at our discretion, a new fixed account interest rate for each subsequent Interest Term. Any adjusted rate will apply for the next Interest Term, when the rate can again be adjusted. The fixed account interest rate will never be less than the Fixed Account Guaranteed Minimum Interest Rate shown on your Contract data page.

Fixed Interest. Fixed Interest" means, prior to January 1, 1998, the amount of interest computed at the Minimum Fixed Interest Rate and, after December 31, 1997, the greater of the amount of interest computed at the Minimum Fixed Interest Rate or the amount of interest computed at the Coverage Interest Rate.

Fixed Interest. If the summary specifies this is a fixed interest loan, interest shall be calculated by applying the rates specified in the summary to the loan balance.

Fixed Interest. Rate The interest rate of the Loan shall float by ×% up (up/down) the base rate and the annual interest rate shall be 6.732% until the maturity date of the Loan. The base rate of a loan for a term of five years or less shall be the base rate of RMB loans in the same period as publicized by the People’s Bank of China, and that of a loan for a term of more than five years shall be said base rate of RMB loans plus × (in capital letters) percent. Interest rate of foreign-currency loans shall be determined using the × method described here below: (1) The interest rate shall be floating based on × (in capital letters) months × that is composed of (in capital letters) months’ × (LIBOR/HIBOR) + × % as interest rate difference. LIBOR/HIBOR shall be the London/Hong Kong inter-bank offered rate publicized by Routers as of two working days before the interest calculation date for loans of the corresponding term. (2) Apply the annual interest rate of × % until the maturity date of the Loan.