Normal interest rate. The Borrower shall pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be the rate per annum determined by the Bank to be the aggregate of (i) the Margin and (ii) LIBOR for that Interest Period.
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Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)
Normal interest rate. The Borrower Borrowers shall pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be the rate per annum determined by the Bank Lender to be the aggregate of (i) the Margin and (ii) LIBOR for that Interest Period.of:
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Samples: Second Supplemental Agreement (Seanergy Maritime Holdings Corp.), First Supplemental Agreement (Castor Maritime Inc.)
Normal interest rate. The Borrower shall must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Bank Lender to be the aggregate of (i) the Margin and (ii) LIBOR for that Interest Period.be:
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Samples: EuroDry Ltd., EuroDry Ltd.
Normal interest rate. The Borrower shall must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Bank Lender to be the aggregate of (ia) the Margin in respect thereof and (iib) LIBOR for that Interest Periodsuch period.
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Samples: Agreement (Euroseas Ltd.), Agreement (EuroDry Ltd.)
Normal interest rate. The Borrower shall Borrowers agree to pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Bank to be the aggregate of (ia) the Margin and (iib) LIBOR the Compounded Reference Rate for that Interest Periodsuch period.
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Samples: Supplemental Agreement (Navios South American Logistics Inc.)
Normal interest rate. The Borrower shall must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Bank Lender to be the aggregate of (ia) the Applicable Margin in respect thereof, (b) the Reference Rate and (iic) LIBOR in respect of the Loan less an amount equivalent the Pledged Deposit Amount, the applicable Credit Adjustment Spread for that Interest Periodsuch period.β;
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Normal interest rate. The Borrower shall pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Bank to be the aggregate of (ia) the Margin and (iib) LIBOR for that such Interest Period.
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Normal interest rate. The Subject to the terms of this Agreement, the Borrower shall pay interest on the amount of the Loan (or as any part thereof at the case may be, Interest Rate applicable to each portion thereof to which a different Interest Period relates) Tranche in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Bank to be the aggregate of (i) the Margin and (ii) LIBOR for that Interest Period.of:
Appears in 1 contract
Normal interest rate. The Borrower shall must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Bank Lender to be the aggregate of (ia) the Margin and (iib) LIBOR the Reference Rate for that Interest Periodsuch period.
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Samples: Loan Agreement (Pyxis Tankers Inc.)
Normal interest rate. The Borrower shall must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Bank Lender to be the aggregate of (ia) the Margin in respect thereof, (b) the Reference Rate for such period and (iic) LIBOR for that Interest Periodthe Credit Adjustment Spread.β
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