Interest and Interest Periods. 3.1 Subject to the terms of this Agreement, the rate of interest applicable to the Loan for each Interest Period relating thereto shall be the rate per annum determined by the Lender to be the aggregate of (a) the Margin, (b) the Relevant Interest Rate and (c) the Mandatory Cost Rate.
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Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)
Interest and Interest Periods. 3.1 Subject to the terms of this Agreement, the rate of interest applicable to the Loan (or any part thereof) for each Interest Period relating thereto shall be the rate per annum determined by the Lender to be the aggregate of (a) the Margin, Margin and (b) the Relevant Interest Mandatory Cost Rate and (c) the Mandatory Cost Relevant Interest Rate.
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Interest and Interest Periods. 3.1 Subject to the terms of this Agreement, the rate of interest applicable to the Loan each Tranche (or any part thereof) for each Interest Period relating thereto shall be the rate per annum determined by the Lender to be the aggregate of (a) the Margin, Margin and (b) the Relevant Interest Mandatory Cost Rate and (c) the Mandatory Cost Relevant Interest Rate.
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