Interest Rate and Fees. Interest and fees shall accrue and be payable on the Loan as set forth in the Note.
Interest Rate and Fees. Interest and fees shall accrue and be payable on all Advances as set forth in the Note.
Interest Rate and Fees. (A) Interest on the Loan shall accrue and be paid as follows:
Interest Rate and Fees. 39. Interest Rate The Facilities will bear interest at one, two, three or six month LIBOR plus the Applicable Margin.
Interest Rate and Fees. (A) Interest on the Loan shall be paid as follows:
Interest Rate and Fees. Borrowers and Lender acknowledge and agree that LIBOR Rate Loans shall no longer be available under the Loan Agreement and, accordingly, Section 2.2 of the Loan Agreement is hereby amended by deleting Section 2.2 of the Loan Agreement in its entirety and substituting therefor the following:
Interest Rate and Fees. Interest shall accrue at a rate of 6% per annum based on a 365 day year commencing on October 11, 2007.
Interest Rate and Fees. Interest and fees shall accrue and be payable on all Advances as set forth in the Note. Further, the Company shall pay a facility fee in the amount of US$3,000 upon the execution of this Agreement.
Interest Rate and Fees. Interest and fees shall accrue and be payable on the Advances as set forth in the Note.
Interest Rate and Fees. The interest rate on the IRP loan is determined by the nature of the initiative being funded under the IRP umbrella. Applicants participating in the Energy Efficiency Initiative shall pay a 2.0% annual interest rate. Applicants participating in the Rural Business Initiative shall pay a 3.75% annual interest rate. For the Community Development Initiative, applicants who are municipal or county units of government shall pay a 3.0% annual interest rate and applicants who are other special taxing jurisdictions or registered non-profit organizations shall pay a 3.5% annual interest rate. The Applicant agrees to pay all costs incurred in closing the loan, including, but not limited to, recording and search fees, title insurance costs, and closing attorney’s fees. SCIRPDC will request property appraisals, environmental investigations and other necessary pre-closing data collection at the Applicant’s expense as necessary to satisfy the requirements of the ALRC prior to closing and only consent of the Applicant. The Applicant reserves the right to decline said procedures but recognizes that such actions shall constitute withdrawal of application with no expectation of reimbursement of any funds expended in relation to the IRP Loan Request prior to the date of decline.
