Examples of Closing Date Interest Rate in a sentence
In the event that Borrower receives Interest Rate Cap Funds (as defined in the Mortgage Loan Agreement) in accordance with Section 8.12(b) of the Mortgage Loan Agreement, Borrower shall cause such funds to be used to purchase the Closing Date Interest Rate Caps applicable to the Loan.
No later than the 90th day after the Closing Date, Borrower shall enter into, for a minimum of three years after the Closing Date, Interest Rate Protection Agreements acceptable to the Administrative Agent that result in an amount to be determined by the Administrative Agent of up to 25% of the aggregate principal amount of Terms Loans outstanding hereunder being effectively subject to a fixed or maximum interest rate acceptable to the Administrative Agent.
Maturity Date: Facility A and Facility B: Up to 12 years from the Closing Date Interest Rate: Facility A: A fixed rate equal to 1.45% p.
The Adjustment Payment shall bear interest from the Closing Date to the date of payment at the Closing Date Interest Rate, which interest shall be calculated on the basis of a 365-day year and the actual number of days elapsed and such interest shall be paid on the same date and in the same manner as such Adjustment Payment.
Issuer The Company Principal Amount Up to HK$ equivalent of RMB4,000,000,000 Denomination HK$500,000 per Convertible Bond and integral multiples of HK$10,000 in excess thereof Maturity Date 5 years from the Closing Date Interest Rate The Convertible Bonds will bear interest on their outstanding principal amount at a fixed rate of between (and including) 2.99 per cent.