Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Advance in respect of each Interest Period relative to that Advance shall be paid by the Borrowers on the last day of that Interest Period.
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Tranche in respect of each Interest Period relative to that Tranche shall be paid by the Borrowers on the last day of that Interest Period.
Payment of normal interest. Subject to Clause 5.3 and the other provisions of this Agreement, interest on each the Tranche or the Loan in respect of each Interest Period applicable thereto shall be paid by the Borrowers on the last day of that Interest Period.
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Advance in respect of each Interest Period applicable to it shall be paid by the Borrower on the last day of that Interest Period applicable to it. For the first Interest Period applicable to the Loan, the outstanding principal amount of the Loan on which interest shall accrue and be paid under this Clause 5.1 shall be deemed to be throughout the whole of that Interest Period the same as the outstanding principal amount (immediately prior to the occurrence of the Effective Date) of the Original Loan Agreement Tranche for the Ship.
Payment of normal interest. Subject to the provisions of this Agreement, interest on:
Payment of normal interest. Subject to the provisions of this Agreement, the rate of interest on the Loan shall be 11 per cent. per annum.
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan shall be paid by the Borrowers on the unpaid principal amount of each Advance owing to each Lender from the date the relevant Advance is made until such principal amount shall be paid in full, on the terms set out below.
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan shall be due and payable in arrears by the Borrower on each Interest Payment Date and on the Maturity Date. Interest shall be payable by adding the amount thereof on each Interest Payment Date to increase the principal amount of the Loan then outstanding (and any interest so capitalized shall bear interest as provided in this Clause 5 and shall otherwise be treated as principal of the Loan for all purposes of the Finance Documents thereafter); provided, however, that notwithstanding the foregoing, all accrued and unpaid interest shall be payable in cash on the Maturity Date.
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Advance in respect of each Interest Period shall be paid by the Borrower:
