Common use of Normal rate of interest Clause in Contracts

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an Interest Period shall be the aggregate of (a) the Margin and (b) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the Borrowers.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an Interest Period relative to that Advance shall be the aggregate of (ai) the Margin Margin, (ii) the Mandatory Cost (if any) and (biii) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersPeriod.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an each Interest Period shall be the aggregate of (a) the Margin and (b) LIBOR for applicable to that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest Advance shall be the aggregate of the Margin Margin, the Mandatory Cost (if any) and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersLIBOR for that Interest Period.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Term Advance and each Newbuilding Advance (as the case may be) in respect of an Interest Period shall be the aggregate of (a) the Margin and (b) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest to it shall be the aggregate of the Margin Margin, the Mandatory Cost (if any) and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersLIBOR for that Interest Period.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an Interest Period shall be the aggregate of (a) the Margin Margin, (b) the Mandatory Cost and (bc) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersPeriod.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance of a Tranche in respect of an Interest Period shall be the aggregate of (a) LIBOR and the applicable Margin and (b) LIBOR for such Advance for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersPeriod.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an Interest Period shall be the aggregate of (a) the Margin and Margin, (b) LIBOR and (c) Mandatory Costs (if any) for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersPeriod.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance and each part thereof in respect of an Interest Period shall be the aggregate of (aI) the applicable Margin and (bii) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersLIBOR.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an Interest Period shall be the aggregate of (ai) the Margin and Margin, (bii) LIBOR for that Interest Period Provided and (iii) Mandatory Cost (if any) for that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersPeriod.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an Interest Period shall be the aggregate of (ai) the Margin applicable Margin, (ii) the Mandatory Costs (if any) and (biii) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersPeriod.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each the Advance in respect of an Interest Period shall be the aggregate of (ai) the Margin and (bii) LIBOR for that Interest Period Provided that where the Borrowers request, subject to Clause 5.6 and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the Borrowers5.7.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Term Advance and each Revolving Advance (as the case may be) in respect of an Interest Period shall be the aggregate of (a) the Margin and (b) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest to it shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersLIBOR for that Interest Period.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an Interest Period shall be the aggregate of (a) the applicable Margin and (b) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersPeriod.

Normal rate of interest. Subject to the provisions terms of this Agreement, the rate of interest on applicable to each Advance in respect of an (or any part thereof) for each Interest Period relating thereto shall be the aggregate of (ai) the Margin Margin, (ii) the Mandatory Cost (if any) and (biii) LIBOR for that Interest Period Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the BorrowersPeriod.

Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance in respect of an Interest Period shall be the aggregate of (a) the Margin and (b) LIBOR for that Interest Period Provided that PROVIDED THAT where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the Borrowers.