Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance and the Loan and each part thereof in respect of an Interest Period shall, subject to Clause 6.4, be the aggregate of (i) the applicable Margin, (ii) the Mandatory Cost (if any) and (iii)
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each an Advance and the Loan and each part thereof in respect of an the Interest Period shall, subject applicable to Clause 6.4, it shall be the aggregate of (ia) the applicable Margin, (iib) the Relevant Interest Rate for that Interest Period and (c) the Mandatory Cost (Rate, if any) and (iii).
Appears in 2 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Facility Agreement (Gala Properties Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan or any part of each Advance and the Loan and for each part thereof in respect of an Interest Period shall, subject to Clause 6.4, shall be the aggregate of (i) the applicable Margin, (ii) Term SOFR and the Mandatory Cost (Costs, if any) and (iii).
Appears in 2 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)
Normal rate of interest. (p) Subject to Clause 5.1(b) below and the other provisions of this Agreement, Agreement the rate of interest on each an Advance and (other than the Commercial Fixed Rate Loan and each part thereof Advance) in respect of an Interest Period shall, subject to Clause 6.4, shall be the aggregate of (i) the applicable Margin, (ii) the Mandatory Cost (if any) and (iii)of:
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance and the Loan and each part thereof in respect of an Interest Period shall, subject applicable to Clause 6.4, it shall be the aggregate of (i) the applicable Margin, (ii) the Mandatory Cost (if any) and (iii)the Reference Rate for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)