Common use of Calculation of interest Clause in Contracts

Calculation of interest. The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBOR; and (c) Mandatory Cost, if any.

Appears in 63 contracts

Samples: Super Senior Revolving Facility Agreement (Orion Engineered Carbons S.a r.l.), Facility Agreement (Kronos Worldwide Inc), Facility Agreement (Aon Corp)

AutoNDA by SimpleDocs

Calculation of interest. The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBORLIBOR; and (c) Mandatory Cost, if any.

Appears in 50 contracts

Samples: Credit Facility Agreement, Facility Agreement, Facility Agreement

Calculation of interest. The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) the relevant Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBOR; and (c) Mandatory Cost, if any.

Appears in 7 contracts

Samples: Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC), Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC), Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC)

Calculation of interest. The rate of interest on each the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBOR; and (c) Mandatory Cost, if any.

Appears in 7 contracts

Samples: Facility Agreement, Loan Agreement (Scorpio Bulkers Inc.), Facility Agreement (Globus Maritime LTD)

Calculation of interest. The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicableof: (a) the Margin;; and (b) LIBOR or, in relation to any Loan in euro, EURIBOR; and (c) Mandatory Cost, if anythe applicable LIBOR.

Appears in 5 contracts

Samples: Facility Agreement, Facility Agreement (China XD Plastics Co LTD), Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Calculation of interest. The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is equal to the aggregate of the applicable: (a) Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBORLIBOR; and (c) Mandatory Cost, if any.

Appears in 3 contracts

Samples: Supplemental Agreement (Centex Development Co Lp), Partnership Agreement (Centex Development Co Lp), Credit Agreement (Centex Corp)

Calculation of interest. The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is equal to the aggregate of the applicableof: 7.1.1 the applicable JIBAR (a) Margin; (b) LIBOR or, in relation from time to any Loan in euro, EURIBORtime); and (c) Mandatory Cost7.1.2 the Margin, if anyexpressed as a nominal annual compounded quarterly in arrears rate, which shall accrue, in each case, on a day to day basis and shall be calculated, in arrears, and compounded at the end of each Interest Period.

Appears in 2 contracts

Samples: Working Capital Facility Agreement (Atlatsa Resources Corp), Working Capital Facility Agreement (Atlatsa Resources Corp)

Calculation of interest. The rate of interest on each Loan for each Interest Period Term is the percentage rate per annum which is equal to the aggregate of the applicable: (a) Margin; Margin (bcalculated in accordance with Clause 22.3 (Margin adjustments) LIBOR or, in relation to any Loan in euro, EURIBORbelow; and (c) Mandatory Cost, if any.

Appears in 2 contracts

Samples: Revolving Credit Facility (Telecom Italia S P A), Revolving Credit Facility Agreement (Edizione Holding Spa)

Calculation of interest. The rate of interest on each Loan for each Interest Period day of its Term is the percentage rate per annum which is equal to the aggregate of the applicable: (a) Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBORIBOR on the applicable Rate Fixing Day; and (c) Mandatory Cost, if any.

Appears in 1 contract

Samples: Credit Agreement (Galen Holdings PLC)

Calculation of interest. The rate of interest on each Loan for each Interest Period Term is the percentage rate per annum which is equal to the aggregate of the applicable: (a) Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBORIBOR; and (ci) in relation to each Global Loan, Mandatory Cost; and (ii) in relation to each South African Loan, if anyLender Regulatory Costs.

Appears in 1 contract

Samples: Credit Facility Agreement (UTi WORLDWIDE INC)

Calculation of interest. The rate of interest on each the Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicableof: (a) the Margin; (b) LIBOR either: (i) if and to the extent that during that Interest Period a Fixed Rate applies to all or part of the Loan pursuant to Clause 8.6 (Implementation of fixed rate), the Fixed Rate; or (ii) if and to the extent that a Fixed Rate does not so apply, in relation to any Loan in euro, EURIBORthe LIBOR; and (c) the Mandatory Cost, if any.

Appears in 1 contract

Samples: Facility Agreement (Corporate Property Associates 16 Global Inc)

AutoNDA by SimpleDocs

Calculation of interest. The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicableof: (a) the Applicable Margin; (b) LIBOR EURIBOR or, in relation to any Loan in euroan Optional Currency, EURIBORLIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Samples: Secured Facilities Agreement (Grohe Holding GMBH)

Calculation of interest. The rate of interest on each Loan for each the Interest Period is the percentage rate per annum which is the aggregate of the applicableof: (a) the Margin;; and (b) LIBOR or, in relation to any Loan in euro, EURIBOR; and (c) Mandatory Cost, if anythe applicable LIBOR.

Appears in 1 contract

Samples: Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Calculation of interest. The rate of interest on each Loan for from day to day during each Interest Period relating thereto is the percentage rate per annum which is the aggregate of the applicableof: (a) Marginthe Applicable Margin at such time; (b) LIBOR or, in relation to any Loan in euro, EURIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (International Flavors & Fragrances Inc)

Calculation of interest. The rate of interest on each Loan for each Interest Period Term is the percentage rate per annum which is equal to the aggregate of the applicable: (a) Margin; (b) LIBOR in relation to any Loan in euro, EURIBOR or, in relation to any Loan in euroUS$, EURIBORLIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Samples: Facility Agreement (Pencil Acquisition Corp.)

Calculation of interest. The rate of interest on each Revolving Credit Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (a) Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBOR; and (c) Mandatory Cost, if any.

Appears in 1 contract

Samples: Revolving Credit Agreement (Pride International Inc)

Calculation of interest. The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicablethe: (a) Applicable Margin; (b) LIBOR or, in relation to any Loan in euro, EURIBORLIBOR; and (c) the Mandatory Cost, if any.

Appears in 1 contract

Samples: Wassa Project Facility Agreement (Golden Star Resources LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!