Borrowing interest rate. The borrowing rate (annualized, simple interest rate for RMB borrowing and simple/compound interest rate for foreign currency borrowing (choose one)) The manner is (2) listed below.
Borrowing interest rate Sample Clauses
Related to Borrowing interest rate
Notification of Advances, Interest Rates, Prepayments and Commitment Reductions Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder. The Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.
