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Rate of Interest
Sample Clauses
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Rate of Interest
. Subject to the
provisions of subsections
2.6 and 2.7,
each Term
Loan and each Revolving
Loan shall
bear
interest on the
unpaid principal amount
thereof from the date made through maturity (whether by acceleration or otherwise) at a rate determined by
reference to
the Base Rate
or the
Eurodollar Rate
. Subject to the provisions of subsection 2.7, each
Swing Line Loan
shall bear interest on the unpaid principal amount thereof from the date made through maturity (whether by acceleration or otherwise) at a rate determined by reference to the Base Rate. The
applicable basis
for determining
the rate
of interest
with respect to
any Term Loan or any Revolving Loan shall be selected
by Company
initially
at the time
a
Notice of Borrowing
is given with respect to such Loan
pursuant to subsection
2.1B (subject to
the last sentence
of subsection 2.1B), and
the basis
for determining
the interest rate
with respect to any Term Loan or any Revolving Loan may be changed
from time to time
pursuant to subsection 2.2D (subject to the last sentence of subsection 2.1B). If on any day
a Term Loan
or Revolving Loan is outstanding with respect to which notice has not been delivered to
Administrative Agent
in accordance with
the
terms of this Agreement
specifying the applicable basis for determining the rate of interest, then for that day that Loan shall bear interest determined by reference to the Base Rate.
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Rate of Interest
.
All Loans
and the
outstanding amount
of all other
Obligations shall
bear interest,
in the case
of Loans, on the
unpaid principal amount
thereof from the date such Loans are made and, in the case of such other Obligations, from the date such other Obligations are
due and payable
until,
in all cases
,
paid in full
,
except as otherwise provided
in clause
(c) below, as follows:
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Rate of Interest
.
The Rate
of
Interest payable
from time to time
in respect of
Floating Rate Notes
will be determined in the manner specified in
the applicable
Final Terms
.
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Rate of Interest
.
All Loans
and the
outstanding principal balance
of all other
Obligations shall
bear
interest on the
unpaid principal amount
thereof from the date such Loans are made and such other Obligations are
due and payable
until
paid in full
,
except as otherwise provided
in Section 5.1(d), as follows:
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Rate of Interest
. If the preceding subsection is inapplicable or is determined to be
invalid or unenforceable
by a
court of competent jurisdiction
, the annual rate of
interest payable
by County
under
this Agreement
, whether as
prejudgment interest
or for any other purpose, shall be, to the full extent permissible under
applicable law
, one quarter of one percent (0.25%)
simple interest
(uncompounded).
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Rate of Interest
.
The Rate
of
Interest payable
from time to time
in respect of
Floating Rate Notes
and
Index Linked Interest Notes
will be determined in the manner specified in the applicable
Pricing Supplement
.
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Rate of Interest
. (a) Each drawing shall bear interest at the SDR interest rate established
by the Fund
pursuant to Article
XX,
Section 3
of the Fund’s
Articles of Agreement
;
provided however
that,
if the Fund
pays
an interest
rate higher than the SDR interest rate on
outstanding balances
from any
other borrowing
on
comparable terms
that has been effected pursuant to
Article VII
, Section 1(i) of the Fund’s Articles of Agreement, and for as long as the
payment of
such higher interest rate remains
in effect
,
the interest rate
payable on drawings under
this agreement
shall be equivalent to the interest rate paid by the Fund on such other comparable borrowing.
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Rate of Interest
.
The rate
of
interest payable
under this
clause 14
on any part of the
Outstanding Moneys
is the higher of:
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Rate of Interest
. In any instance where the prohibition or limitations of Section 8.17.1 are determined to be
invalid or unenforceable
, the annual rate of
interest payable
by CITY
under
this Agreement
, whether as
prejudgment interest
or for any other purpose, shall be .025 percent
simple interest
(uncompounded).
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Rate of Interest
.
Each advance
outstanding under this Note will bear interest at a rate or rates
per annum
as may be selected
by the Borrower
from the
interest rate options
set forth below (each, an “Option”):
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