Common use of Applicable Interest Rate Clause in Contracts

Applicable Interest Rate. 5.10.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 and subject to Clause 5.3.1, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate.

Appears in 8 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

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Applicable Interest Rate. 5.10.1 In respect of Pre-Delivery Redelivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 and subject to Clause 5.3.1, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during a Pre-Delivery Redelivery Interest Period or an Interest Period shall be the Floating Interest Rate.

Appears in 6 contracts

Samples: Secured Loan Agreement (NCL CORP Ltd.), Secured Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Applicable Interest Rate. 5.10.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 and subject to Clause 5.3.1, Clause 5.12 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.8) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate.

Appears in 4 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Applicable Interest Rate. 5.10.1 5.9.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 5.2.1 and subject to Clause 5.3.15.2.1, Clause 5.12 5.11 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.85.7) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate.

Appears in 2 contracts

Samples: Secured Loan Agreement (NCL CORP Ltd.), Secured Loan Agreement (NCL CORP Ltd.)

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Applicable Interest Rate. 5.10.1 5.9.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 5.2.1 and subject to Clause 5.3.15.2.1, Clause 5.12 5.11 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.85.7) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate.

Appears in 2 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Applicable Interest Rate. 5.10.1 5.9.1 In respect of Pre-Delivery Interest Periods or Interest Periods pursuant to Clause 5.3.1 5.2.1 and subject to Clause 5.3.1, Clause 5.12 5.11 and Clause 6, the rate of interest applicable to the Loan (or relevant part in the case of the division of the Loan under Clause 5.85.7) during a Pre-Delivery Interest Period or an Interest Period shall be the Floating Interest Rate.

Appears in 1 contract

Samples: Loan Agreement (NCL CORP Ltd.)

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