Common use of The Interest Clause in Contracts

The Interest. 8.3.1. The Interest shall be the Base Interest rate, as defined below (the "Base Interest") plus 1.5% annually, but shall not exceed an annual rate of 6.95% (including in the event there is additional interest, in accordance with the provisions of Section 8.13 of this Agreement) and shall not be less than an annual rate of 6.25

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement (B Communications LTD), Loan Agreement (Internet Gold Golden Lines LTD)