Common use of Minimum Interest Rate Clause in Contracts

Minimum Interest Rate. The Interest Rate determined in accordance with Clause 4.1.1 (Selection of Interest Rate), regardless of the elected option, shall not be less than zero point twenty-five per cent (0.25%) per annum, notwithstanding any decline in the Interest Rate.

Appears in 8 contracts

Sources: Loan Agreement, Credit Agreement, Loan Agreement

Minimum Interest Rate. The Interest Rate determined in accordance with Clause 4.1.1 (Selection of Interest Rate), regardless of the elected option, shall not be less than zero point twenty-five per cent (0.25%) per annum, notwithstanding any decline in the Interest Rateinterest rates.

Appears in 3 contracts

Sources: Credit Facility Agreement, Credit Facility Agreement, Credit Facility Agreement

Minimum Interest Rate. The Interest Rate determined in accordance with Clause 4.1.1 (Selection of Interest Rate), regardless of the elected option, shall not be less than zero point twenty-five per cent percent (0.25%) per annum, notwithstanding any decline in the Interest Rate.

Appears in 2 contracts

Sources: Ugovor O Kreditu, Kreditni Aranžman

Minimum Interest Rate. The Interest Rate determined in accordance with Clause (4.1.1 (Selection of Interest Rate), regardless of the elected option, shall not be less than zero point twenty-five per cent (0.25%) per annum, notwithstanding any decline in the Interest Rate.

Appears in 1 contract

Sources: Loan Agreement