Interest for EURIBOR-Credit Sample Clauses

Interest for EURIBOR-Credit. For EURIBOR-Credit in Euro the Bank charges interest to the Borrower within the agreed upon Interest Period in the amount of the relevant EURIBOR plus margin of 1.25 % p.a. of the respective utilization. Interest are due at the end of the respective Interest Period and will be calculated by calendar days on the basis of actual / 360 days.
Sample 1
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Interest for EURIBOR-Credit. For EURIBOR-Credit in Euro the Bank charges interest to the Borrower within the agreed upon Interest Period in the amount of the relevant EURIBOR plus margin of 1,0 % p.a. of the respective utilization. Interest are due at the end of the respective Interest Period and will be calculated by calendar days on the basis of actual / 360 days. EURIBOR is the interest rate for utilization in Euro for a respective period as published of the Telerate page 248 or a respective succeeding page which takes the place of page 248, for 11.00 a.m. Brussels time, on the second TARGET-Day prior to the payment / the commencement of the next Interest Period. TARGET-Day is each day, on which payments in Euro are processed in the Trans-European Automated Real Time Gross Settlement Express Transfer System. In case the EURIBOR can not be determined two TARGET-Days prior to the commencement of the first Interest Period, the Bank and the Borrower will negotiate an interest rate for the first Interest Period. Until an interest rate is agreed upon the Bank is not obliged to make any payments. If the parties do not come to an agreement within 15 days, the Bank is released from the obligation to make payments. In case the EURIBOR can not be determined two TARGET-Days prior to the commencement of the Interest Periods following the first Interest Period, the Bank will charge the Borrower for the respective Interest Period interest as customary in the market plus the margin as agreed.
Sample 1

Related to Interest for EURIBOR-Credit

  • Additional Interest on Eurodollar Rate Advances The Borrower shall pay to each Lender, so long as such Lender shall be required under regulations of the Board of Governors of the Federal Reserve System to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Rate Advance of such Lender, from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest shall be determined by such Lender and notified to the Borrower through the Administrative Agent, and such determination shall be conclusive and binding for all purposes, absent manifest error.

  • Duration of normal Interest Periods Subject to Clauses 6.3 and 6.4, each Interest Period shall be:

  • Notification of Interest Periods and rates of normal interest The Agent shall notify the Borrower and each Lender of:

  • Booking of LIBOR Loans Any Lender may make, carry or transfer LIBOR Loans at, to, or for the account of any of its branch offices or the office of an Affiliate of that Lender.

  • Notice of Interest Period and Interest Rate Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.09 or a notice of selection of an Interest Period pursuant to the definition of “Interest Period”, the Administrative Agent shall give notice to the Borrower and each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

  • Selection and Continuation of Tranche Periods (a) With consultation from (and approval by) the Agent, Seller shall from time to time request Tranche Periods for the Purchaser Interests of the Financial Institutions, provided that, if at any time the Financial Institutions shall have a Purchaser Interest, Seller shall always request Tranche Periods such that at least one Tranche Period shall end on the date specified in clause (A) of the definition of Settlement Date.

  • Request for Extension The Borrower may, by notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 60 days and not later than 30 days prior to each anniversary of the date of this Agreement (each such date, an “Extension Date”), request that each Lender extend such Lender’s Maturity Date to the date that is one year after the Maturity Date then in effect for such Lender (the “Existing Maturity Date”).

  • Interest on Revolving Loans The outstanding principal amount of each Revolving Loan made by each Lender shall bear interest at a fluctuating rate per annum that shall at all times be equal to (i) during such periods as such Revolving Loan is a Base Rate Loan, the Base Rate plus the Applicable Margin in effect from time to time, and (ii) during such periods as such Revolving Loan is a Eurodollar Loan, the relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable Interest Period plus the Applicable Margin in effect from time to time.

  • Booking of LIBOR Rate Loans Any Lender may make, carry or transfer LIBOR Rate Loans at, to, or for the account of any of its branch offices or the office of an Affiliate of such Lender.

  • Booking of Eurodollar Rate Loans Any Lender may make, carry or transfer Eurodollar Rate Loans at, to, or for the account of any of its branch offices or the office of an Affiliate of such Lender.

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