Effective Interest Rate. It is not possible to calculate the effective interest rate on this Agreement in advance. The Lenders are nevertheless, according to the Finance Contracts Act (Finansavtaleloven) obliged to give a representative example. LIBOR for six months was at 21 December 2010 0.45719 % per annum. Provided unaltered LIBOR and (i) Margin Loan A for the duration of the Loan A, the effective interest rate will be 2.98 % for the Loan A and (ii) Margin Loan B for the duration of the Loan B, the effective interest rate will be 3.59 % for Loan B.
Appears in 3 contracts
Samples: Loan and Guarantee Facility Agreement (KNOT Offshore Partners LP), Loan and Guarantee Facility Agreement (KNOT Offshore Partners LP), Loan and Guarantee Facility Agreement (KNOT Offshore Partners LP)
Effective Interest Rate. It is not possible to calculate the effective interest rate on this Agreement in advance. The Lenders are nevertheless, according to the Finance Contracts Act (Finansavtaleloven) obliged to give a representative example. LIBOR for six months was at 21 December 2010 0.45719 2 November 2011 0,43 % per annum. Provided unaltered LIBOR and (i) Margin Loan A for the duration of the Loan ALoan, the effective interest rate will be 2.98 3,26 % for the Loan A and (ii) Margin Loan B for the duration of the Loan B, the effective interest rate will be 3.59 % for Loan B.Loan.
Appears in 2 contracts
Samples: Second Supplemental Agreement, Second Supplemental Agreement (KNOT Offshore Partners LP)
Effective Interest Rate. It is not possible to calculate the effective interest rate on this Agreement in advance. The Lenders are nevertheless, according to the Finance Contracts Act (Finansavtaleloven) obliged to give a representative example. LIBOR for six months was at 21 December 2010 0.45719 6 July 2011 0,25 % per annum. Provided unaltered LIBOR and (i) Margin Loan A for the duration of the Loan ALoan, the effective interest rate will be 2.98 2,92 % for the Loan A and (ii) Margin Loan B for the duration of the Loan B, the effective interest rate will be 3.59 % for Loan B.Loan.
Appears in 1 contract
Samples: Term Loan Facility Agreement (KNOT Offshore Partners LP)
Effective Interest Rate. It is not possible to calculate the effective interest rate on this Agreement in advance. The Lenders are nevertheless, according to the Finance Contracts Act (Finansavtaleloven) obliged to give a representative example. LIBOR for six months was at 21 December 2010 0.45719 % per annum. Provided unaltered LIBOR and (i) Margin Loan A for the duration of the Loan A, the effective interest rate will be 2.98 % for the Loan A and (ii) Margin Loan B for the duration of the Loan B, the effective interest rate will be 3.59 % for Loan B.and
Appears in 1 contract
Effective Interest Rate. It is not possible to calculate the effective interest rate on this Agreement in advance. The Lenders are nevertheless, according to the Finance Contracts Act (Finansavtaleloven) obliged to give a representative example. LIBOR for six months was at 21 December 2010 0.45719 29 May 2012 0.736 % per annum. Provided unaltered LIBOR and (i) the Margin Loan A for the duration of the Loan ACommercial Tranche, the effective interest rate for the Commercial Tranche will be 2.98 approx.4.644 % for the Loan A and (ii) Margin Loan B for the duration per annum. In respect of the Loan B, Export Credit Tranche the effective interest rate will be 3.59 4.038 % for Loan B.per annum.
Appears in 1 contract
Samples: Second Supplemental Agreement (KNOT Offshore Partners LP)
