Common use of THE INTEREST RATE Clause in Contracts

THE INTEREST RATE. The applicable interest rate is 1.5% with a 30-year loan period, including a 5-year moratorium. The financial arrangement fees for contacts and the involvement of the persons indicated, the recurrent and associated expenses, the emoluments of the support offices and other applicable fees are 0.3% of the total amount of the loan. Any loan must be in line with the commitments of the Guinean Government, including the commitments made with the IMF on the concessionality of rates.

Appears in 1 contract

Samples: Partnership Framework Agreement (Kallo Inc.)

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