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. 5.10.2 In respect of Interest Periods pursuant to Clause 5.3.2 and subject to Clause 5.3.2, 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 an Interest Period shall be the Fixed Rate.

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. 5.10.2 In respect of Interest Periods pursuant to Clause 5.3.2 and subject to Clause 5.3.2, 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 an Interest Period shall be the Fixed Rate.

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. 5.10.2 In respect of Interest Periods pursuant to Clause 5.3.2 and subject to Clause 5.3.2, 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 an Interest Period shall be the Fixed Rate.

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. 5.10.2 5.9.2 In respect of Interest Periods pursuant to Clause 5.3.2 5.2.2 and subject to Clause 5.3.25.2.2, 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 an Interest Period shall be the Fixed Rate.

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. 5.10.2 5.9.2 In respect of Interest Periods pursuant to Clause 5.3.2 5.2.2 and subject to Clause 5.3.2, 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 an Interest Period shall be the Fixed Rate.