Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (
Appears in 5 contracts
Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Performance Shipping Inc.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (5.7 shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 3 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Term SOFR Reference Rate for the Loan or that any part of the Loan (as applicable) and Clause 3.7 10.3 (Cost of funds) shall apply to the Loan or any part of the Loan for that Interest Period.
Appears in 2 contracts
Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the a Loan or that part of the a Loan (as applicable) and Clause 3.7 clause 10.3 (Cost of funds) shall apply to that Loan or that part of that Loan for that Interest Period.
Appears in 2 contracts
Samples: Facility Agreement (Navigator Holdings Ltd.), Loan Agreement (Navigator Holdings Ltd.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 10.3 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 2 contracts
Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Castor Maritime Inc.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the no Interpolated Historic Term SOFR, SOFR is available for the Interest Period of the Loan there shall be no Reference Rate for that Forward Rate Loan and Paragraph 5.8 (Cost of funds) below shall apply to the Loan or for that part of the Loan (as applicable) and Clause 3.7 (Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Castor Maritime Inc.), Loan Agreement (Toro Corp.)
Cost of funds. If sub-paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFRSOFR is not available for an Interest Period of the relevant Loan, there shall be no Reference Rate for the that Loan or that part of the Loan (as applicable) and Clause 3.7 5.3.1 (Market Disruption) shall apply to that Loan for that Interest Period.
Appears in 2 contracts
Samples: Supplemental Agreement (Grindrod Shipping Holdings Ltd.), Supplemental Agreement (Grindrod Shipping Holdings Ltd.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Term Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Cost of Funds) shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Castor Maritime Inc.)
Cost of funds. If paragraph (c) above clause 3.5.1 applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 2 contracts
Samples: Supplemental Agreement (EuroDry Ltd.), Facility Agreement (EuroDry Ltd.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 7.3 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 1 contract
Cost of funds. If paragraph (c) above clause 3.
5.1 applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 1 contract
Samples: Facility Agreement (Euroseas Ltd.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan an Advance (as applicable) and Clause 3.7 7.3 (Cost of funds) shall apply to the Loan or an Advance for that Interest Period.
Appears in 1 contract
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Cost of Funds) shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 1 contract
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Term Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 11.4 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 1 contract
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there shall be no Term SOFR Reference Rate for the Loan or that part of the Loan (as applicable) and Clause 3.7 10.3 (Cost of funds) shall apply to the Loan or that part of the Loan for that Interest Period.
Appears in 1 contract
Samples: Term Loan Facility Agreement (Castor Maritime Inc.)
Cost of funds. If paragraph (c) above applies but it is not possible to calculate the Interpolated Historic Term SOFR, there Paragraph 4.4 (Cost of funds) below shall be no Reference Rate apply to that Term SOFR Loan for the Loan or that part of the Loan (as applicable) and Clause 3.7 (Interest Period.
Appears in 1 contract
