Common use of Calculation of interest – Compounded Rate Loans Clause in Contracts

Calculation of interest – Compounded Rate Loans. (a) The rate of interest on each Compounded Rate Loan for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable:

Appears in 5 contracts

Samples: Loan Facility Agreement (EuroDry Ltd.), Facility Agreement (Castor Maritime Inc.), And Restatement Agreement (Ardmore Shipping Corp)

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Calculation of interest – Compounded Rate Loans. (aA) The rate of interest on each Compounded Rate Loan for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable:

Appears in 3 contracts

Samples: Schneider Electric Se, Agreement (Endava PLC), www.se.com

Calculation of interest – Compounded Rate Loans. (a) The rate of interest on each Compounded Rate Loan for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable:: (i) Margin; and

Appears in 1 contract

Samples: Castor Maritime Inc.

Calculation of interest – Compounded Rate Loans. (a) The rate of interest on each Compounded Rate Loan for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable:

Appears in 1 contract

Samples: Senior Facilities Agreement (OpSec Holdings)

Calculation of interest – Compounded Rate Loans. (a) The rate of interest on each a Compounded Rate Loan or any part of a Compounded Rate Loan for any day during an each Interest Period is the percentage rate per annum which is the aggregate of the applicableof:

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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Calculation of interest – Compounded Rate Loans. (a) 11.7 The rate of interest on each Compounded Rate Loan for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable:

Appears in 1 contract

Samples: And Restatement Agreement

Calculation of interest – Compounded Rate Loans. (a) The rate of interest on In relation to each Interim Loan that is a Compounded Rate Loan in a Compounded Rate Currency for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable:

Appears in 1 contract

Samples: Interim Facilities Agreement

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