Interest Rate and Fees. Interest and fees shall accrue and be payable on the Loan as set forth in the Note.
Interest Rate and Fees. Interest and fees shall accrue and be payable on all Advances as set forth in the Note.
Interest Rate and Fees. (A) Interest on the Loan shall accrue and be paid as follows:
Interest Rate and Fees. 39. Interest Rate The Facilities will bear interest at one, two, three or six month LIBOR plus the Applicable Margin.
Interest Rate and Fees. The interest rate on the Title IX loan has a 3.25% annual interest rate. The Applicant agrees to pay all costs incurred in closing the loan, including, but not limited to, recording and search fees, title insurance costs, and closing attorney’s fees. SCIRPDC will request property appraisals, environmental investigations and other necessary pre- closing data collection at the Applicant’s expense as necessary to satisfy the requirements of the ALRC prior to closing and only consent of the Applicant. The Applicant reserves the right to decline said procedures but recognizes that such actions shall constitute withdrawal of application with no expectation of reimbursement of any funds expended in relation to the Title IX Loan Request prior to the date of decline.
Interest Rate and Fees. The interest rate on the 504 loan is determined by the competitive forces of the bond market when the debentures are sold and is fixed for the life of the loan. Monthly payments on the loan begin the first month following the debenture sale, and will be made via electronic funds transfer. In addition to principal and interest, monthly payments will include three servicing/guaranty fees: CSA at 0.1%, SBA subsidy at 0.9375% and CDC fee at 0.625% (maximum 1.5%) per annum, depending on the borrower’s industry and credit strength. The applicant is advised to consult with the SCIRPDC staff regarding the most recent interest rate and fee information. The Applicant agrees to pay all costs incurred in closing the loan, including, but not limited to, recording and search fees, title insurance costs, and closing attorney’s fees. The application deposit and the commitment fee explained earlier cover these costs.
Interest Rate and Fees. During the Lease Term, Seller shall pay, as a part of the Rental Payments, directly or reimburse the Buyer for the following interest, fees and costs:
Interest Rate and Fees. 3.1 The interest rate is fixed for the duration of the agreement and is calculated on the daily balance and capitalised monthly (added to the outstanding loan balance) on the last day of the month.
Interest Rate and Fees. Interest shall accrue at a rate of 6% per annum based on a 365 day year commencing on October 11, 2007.
Interest Rate and Fees. The interest rate on the IRP loan is determined by the nature of the initiative being funded under the IRP umbrella. Applicants participating in the Energy Efficiency Initiative shall pay a 2.0% annual interest rate. Applicants participating in the Rural Business Initiative shall pay a 3.75% annual interest rate. For the Community Development Initiative, applicants who are municipal or county units of government shall pay a 3.0% annual interest rate and applicants who are other special taxing jurisdictions or registered non-profit organizations shall pay a 3.5% annual interest rate. The Applicant agrees to pay all costs incurred in closing the loan, including, but not limited to, recording and search fees, title insurance costs, and closing attorney’s fees. SCIRPDC will request property appraisals, environmental investigations and other necessary pre-closing data collection at the Applicant’s expense as necessary to satisfy the requirements of the ALRC prior to closing and only consent of the Applicant. The Applicant reserves the right to decline said procedures but recognizes that such actions shall constitute withdrawal of application with no expectation of reimbursement of any funds expended in relation to the IRP Loan Request prior to the date of decline.
