Interest Facility definition
Examples of Interest Facility in a sentence
All computations of Interest, Facility Fees, and other interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first but excluding the last day) elapsed.
If the Shared Financial Interest Facility Account invoice is generated prior to that date, Credits allocated to the final billed account will be credited to the Facility Account.
Interest, Facility Fees, Facility Letter of Credit Fees and all other fees shall be calculated for actual days elapsed on the basis of a 360-day year.
Interest, Facility Fees and Facility Letter of Credit Fees shall be calculated for actual days elapsed on the basis of a 360-day year.
Interest, Facility Fees and Utilization Fees shall be calculated for actual days elapsed on the basis of a 360 day year, except that interest calculated based on the Prime Rate shall be calculated for actual days elapsed on the basis of a 365, or when appropriate 366, day year.
A Financial Assistance Facility Agreement- Bond Interest Facility (hereinafter referred to as the "Facility Agreement") was made between EFSF, the Beneficiary Member State and the Bank of Greece on 1 March 2012.
Interest, Facility Fees and LC Fees shall be calculated for actual days elapsed on the basis of a 360 day year, except that interest calculated based on the Prime Rate shall be calculated for actual days elapsed on the basis of a 365, or when appropriate 366, day year.
Interest, Facility Letter of Credit Fees and all other fees shall be calculated for actual days elapsed on the basis of a 360-day year, except for interest calculated utilizing the Alternate Base Rate, which shall be based on the actual number of days elapsed over a year of 365 or 366 days, as applicable.
Unless the Facility Agent and the Borrower agree otherwise during that consultation, the Facility Limits, the Principal Facility Limits and the Interest Facility Limits shall be recalculated as contemplated in clause 2.2.3.
Interest, Facility Letter of Credit Fees and Facility Fees shall be calculated for actual days elapsed on the basis of a 360-day year.