Calculation of interest – Compounded Rate Loans. (a) The rate of interest on each Compounded Rate Loan for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable:
Calculation of interest – Compounded Rate Loans. (a) If Clause 10.1 (Unavailability of Term SOFR) applies and subject to Clause 8.5 (Default Interest), the rate of interest on each Compounded Rate Loan for any day during an Interest Period is the percentage rate per annum which is the aggregate of the applicable: