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Interest Rate
Sample Clauses
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Interest Rate
.
The LHIN
may charge the HSP
interest on any
amount owing
by the HSP at the then
current interest rate
charged by the
Province of Ontario
on
accounts receivable
.
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Interest Rate
.
The Funder
may charge the HSP
interest on any
amount owing
by the HSP at the then
current interest rate
charged by the
Province of Ontario
on
accounts receivable
.
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Interest Rate
.
The Province
may charge the Recipient
interest on any
money owing
by the Recipient
at the then
current interest rate
charged by the
Province of Ontario
on
accounts receivable
.
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Interest Rate
.
Subject to Section
2.5(b), the
principal amount outstanding
under
the Revolving Line
shall accrue interest a floating
per annum
rate
equal to
the greater of (i) one quarter of one percentage point (0.25%) above
the Prime Rate
, or (ii) three and one half
percentage points
(3.50%), which interest shall, in
each case
, be payable monthly
in accordance with
Section 2.5(d) below.”
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Interest Rate
. Advances accrue
interest on the
outstanding principal balance
at a
per annum
rate
equal to
the Prime Rate
.
After an Event of Default
, Obligations accrue interest at 5 percent above
the rate
effective immediately
before
the Event
of Default. The interest rate
increases or decreases
when the Prime
Rate changes
. Interest is computed on a 360 day year for the actual
number of days
elapsed.
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Interest Rate
.
Subject to Section
2.3(b), the
principal amount outstanding
under the Term
Loans shall
accrue interest at
a fixed
per annum
rate (which rate shall be fixed for the duration of the
applicable Term
Loan)
equal to
the
Basic Rate
, determined by
Collateral Agent
on the Funding
Date of
the applicable Term Loan, which interest shall be payable
monthly in arrears
in accordance with
Sections 2.2(b) and 2.3(e). Interest shall accrue on
each Term
Loan
commencing on
, and including, the Funding Date of such Term Loan, and shall accrue on the principal amount outstanding under such Term Loan through and including
the day
on which such Term Loan is
paid in full
.
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Interest Rate
. Subject to
the Holder
's
right to convert
,
interest payable
on
this Note
shall accrue at the annual
rate of
eight percent (8%) and be payable
in arrears
commencing September 30, 2001 and quarterly thereafter, and
on the Maturity Date
, accelerated or otherwise, when
the principal
and remaining accrued but
unpaid interest
shall be
due and payable
, or sooner as described below.
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Interest Rate
.
Interest on the
outstanding principal balance of the
Loan shall
accrue at
the Interest Rate
or as otherwise set forth
in this Agreement
from (and including)
the Closing Date
to
but excluding
the
Maturity Date
.
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Interest Rate
. (i) All Base Rate
Loans shall
accrue interest at
the Base Rate
.
Sample 1
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Interest Rate
.
Subject to Section
2.2(b), the
principal amount outstanding
under each
Term Loan Advance
shall accrue interest at a floating
per annum
rate
equal to
six and one-quarter of one percent (6.25%) above
the Prime Rate
, which interest shall be payable monthly
in accordance with
Section 2.2(d) below.
Sample 1
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