Calculation of interest - Overdraft Facilities. The rate of interest on each Overdraft Facility is the percentage rate per annum which is the aggregate of: (a) the Facility C Margin; (b) the rate calculated by the relevant Lender as representing its cost of funds; and (c) Mandatory Cost, if any.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.), Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.), Borrowing Base Facility Agreement (Aegean Marine Petroleum Network Inc.)
Calculation of interest - Overdraft Facilities. The rate of interest on each Overdraft Facility is the percentage rate per annum which is the aggregate of:
(a) the Facility C B Margin;; and
(b) the rate calculated by the relevant Lender Overdraft Bank as representing its cost of funds; and
(c) Mandatory Cost, if any.
Appears in 1 contract
Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)
