Common use of Notification of Interest Periods and interest rate Clause in Contracts

Notification of Interest Periods and interest rate. The Bank shall notify the Borrower promptly of the duration of each Interest Period and of each rate of interest determined by it under this clause 3.

Appears in 14 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

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Notification of Interest Periods and interest rate. The Bank shall notify the Borrower Borrowers promptly of the duration of each Interest Period and of each rate of interest determined by it under this clause 3.

Appears in 9 contracts

Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Eighth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Notification of Interest Periods and interest rate. The Bank shall agrees to notify the Borrower Borrowers promptly of the duration length of each Interest Period and of each rate of interest determined by it under this clause 3.

Appears in 7 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

Notification of Interest Periods and interest rate. The Bank shall agrees to notify the Borrower promptly of the duration length of each Interest Period and of each rate of interest determined by it under this clause 3.

Appears in 4 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

Notification of Interest Periods and interest rate. The Bank shall agrees to notify the Borrower Borrowers promptly of the duration of each Interest Period and of each rate of interest determined by it under this clause 3.

Appears in 1 contract

Samples: Agreement (Navios Maritime Acquisition CORP)

Notification of Interest Periods and interest rate. The Bank shall notify the Borrower Borrowers promptly of the duration of each Interest Period in respect of the Term Loan and of each rate of interest determined by it under this clause 33 in respect of the Term Loan.

Appears in 1 contract

Samples: Agreement (Aegean Marine Petroleum Network Inc.)

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Notification of Interest Periods and interest rate. The Bank shall notify the Borrower Borrowers promptly of the duration of each Interest Period and of each rate of interest (or, as the case may be, default interest) determined by it under this clause 3.

Appears in 1 contract

Samples: Junior Loan Agreement (FreeSeas Inc.)

Notification of Interest Periods and interest rate. The Bank shall notify the Borrower Borrowers promptly of the duration of each Interest interest Period and of each rate of interest determined by it under this clause 3.

Appears in 1 contract

Samples: Supplemental Agreement (Gala Properties Inc.)

Notification of Interest Periods and interest rate. The Bank shall Lender agrees to notify the Borrower Borrowers promptly of the duration of each Interest Period and of each rate of interest determined by it under this clause 3.

Appears in 1 contract

Samples: Agreement (NewLead Holdings Ltd.)

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