Common use of Normal interest rate Clause in Contracts

Normal interest rate. Subject to paragraph (i) of Part 5 of the Schedule to the Master Swap Agreement, the Borrower shall pay interest on each Advance, in the currency in which such Advance is outstanding, in respect of each Interest Period relating thereto on each Interest Payment Date (or, in the case of Interest Periods of more than six (6) months, by instalments, the first such instalment being payable six (6) months from the commencement of the relevant Interest Period and the subsequent instalments at intervals of six (6) months or, if shorter, the period from the date of the preceding instalment until the Interest Payment Date relative to such Interest Period) at the rate per annum determined by the Bank to be the aggregate of (a) the Margin, (b) the Additional Cost and (c) the Funding Cost for such Interest Period.

Normal interest rate. Subject to paragraph (i) of Part 5 of the Schedule to the Master Swap Agreement, the Borrower shall pay interest on each Advance, Tranche in the currency in which such Advance Tranche is outstanding, outstanding in respect of each Interest Period relating thereto on each Interest Payment Date (or, in the case of Interest Periods of more than six (6) months, by instalments, the first such instalment being payable six (6) months from the commencement of the relevant Interest Period and the subsequent instalments at intervals of six (6) months or, if shorter, the period from the date of the preceding instalment until the Interest Payment Date relative to such Interest Period) at the rate per annum determined by the Bank to be the aggregate of (a) the Margin, Margin (b) the Additional Cost and (c) the Funding Cost for such Interest Period.

Normal interest rate. Subject to paragraph (i) of Part 5 of the Schedule to the Master Swap Agreement, the Borrower shall pay interest on each Advance, Tranche in the currency in which such Advance Tranche is outstanding, outstanding in respect of each Interest Period relating thereto on each Interest Payment Date (or, in the case of Interest Periods of more than six (6) months, by instalments, the first such instalment being payable six (6) months from the commencement of the relevant Interest Period and the subsequent instalments at intervals of six (6) months or, if shorter, the period from the date of the preceding instalment until the Interest Payment Date relative to such Interest Period) at the rate per annum determined by the Bank to be the aggregate of (a) the Margin, (b) the Additional Cost and (c) the Funding Cost for such Interest Period.

Normal interest rate. 3.1.1 Subject to paragraph (i) of Part 5 of the Schedule to the Master Swap Agreement, the Borrower Borrowers shall pay interest on each Advance, in Advance or as the currency in which such Advance is outstanding, case may be each Tranche or as the case may be the Loan in respect of each Interest Period relating thereto on each Interest Payment Date (or, in the case of Interest Periods of more than six (6) months, by instalmentsInstalments, the first such instalment being payable six (6) months from the commencement of the relevant Interest Period and the subsequent instalments at intervals of six (6) months or, if shorter, the period from the date of the preceding instalment until the Interest Payment Date relative to such Interest Period) at the rate per annum determined by the Bank to be the aggregate of (a) the relevant Margin, (b) the Additional Cost and (c) the Funding Cost LIBOR for such Interest Period.