Interest Rate and Interest Calculation. 10.3.1 The total interest chargeable on the facility is calculated at a flat rate of 4% per month on the base of the principal loan amount plus capitalized fees (where applicable) subject to the applied loan term. In accordance with globally accepted International Financial Reporting Standards (IFRS), principal and interest repayments on the loan amortization schedule shall be calculated on the basis of an equivalent reducing balance interest rate of up to a maximum of 6.64% subject to the loan term, which shall form the basis of calculating the outstanding amount due in the event of a prepayment.
Interest Rate and Interest Calculation. 3. Unless otherwise agreed in this Agreement, the interest shall be calculated from the date of first drawdown and the actual days of the term of the loan. The actual days of the term of the loan include the first day but exclude the last day. Daily interest rate= monthly rate / 30, monthly interest rate = annual interest rate/ 12.
Interest Rate and Interest Calculation. 4.1. The loan interest rate is calculated by daily at a rate based on the actual withdrawal amount and outstanding days from the withdrawal date.
Interest Rate and Interest Calculation. The interest rate of the loan is 5.742% per annum. During the effective period of the Contract, the contractual interest rate shall remain unchanged. Interest of the loan shall be calculated from the date the Borrower actually draws down the loan, in accordance with the actual drawdown amount and the number of days elapsed on the basis of 360 days a year. The Borrower adopts the method in sub-clause (1) below in paying interest:
Interest Rate and Interest Calculation. 10.2.4.1 The total interest chargeable on the facility is calculated at a flat rate of 4% per month on the base of the principal loan amount plus capitalized fees (where applicable) subject to the applied loan term.
Interest Rate and Interest Calculation. The rate of interest (the "Interest Rate") is
Interest Rate and Interest Calculation. 4.1 Interest rate under this Loan Agreement, shall be 5.31‰ per month and shall be subject to the interest rate provided by People's Bank of China on the disbursement date of the Lender.
Interest Rate and Interest Calculation. 5.1. Borrower shall pay the interest of the loan to Lender according to the Agreement. The interest rate under this Agreement is 20% higher than the corresponding benchmark interest rate of the People’s Bank of China (6.3% per annum), which is 7.572% per annum.
Interest Rate and Interest Calculation. 5.1 The interest of loan hereunder accrues on a daily basis from the date of practical withdrawal (daily interest = annual interest/360) and settled on monthly (monthly/ quarterly) basis. The interest settlement day is the 20th of each month (the 20th of each month/the last month of each quarter). If the 20th day is non-bank working day, the interest settlement day shall be the following bank working day. The interest shall be paid up with principal upon maturity of loan;
