Common use of Interest Rate and Interest Clause in Contracts

Interest Rate and Interest. 1.1 In the foreign currency loans, LIBOR is the interbank offered rate of the loan currency in the contract displayed on the page of the REUTRES financial communications terminal "LIBO=" on the first two working days of the bank of the withdrawal day or the benchmark interest rate adjustment day (11:00 a.m at London time); HIBOR is the interbank offered rate of the Hong Kong dollar displayed on the page of the REUTRES financial communications terminal "HIBO=" on the first two working days of the bank of the withdrawal day or the benchmark interest rate adjustment day.

Appears in 2 contracts

Samples: Financial Agreement (Sooner Holdings Inc /Ok/), Sooner Holdings Inc /Ok/

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Interest Rate and Interest. 1.1 In the For foreign currency loansborrowing, LIBOR is the interbank offered interest rate of for the loan lending currency in under the contract Contract displayed on the Reuters financial telecommunications terminal “LIBO=” page of the REUTRES financial communications terminal "LIBO=" on the first two working banking days of the bank of (11: 00 am London time) prior to the withdrawal day date or the benchmark interest rate adjustment day (11:00 a.m at London time)date; HIBOR is the interbank offered interest rate of for the Hong Kong dollar lending currency under the Contract displayed on the Reuters financial telecommunications terminal “HIBO=” page of the REUTRES financial communications terminal "HIBO=" on the first two working banking days of the bank of (11: 15 am Hong Kong time) prior to the withdrawal day date or the benchmark interest rate adjustment daydate.

Appears in 2 contracts

Samples: Photronics Inc, Photronics Inc

Interest Rate and Interest. 1.1 In the foreign currency loansborrowings, LIBOR is the interbank offered rate of the loan currency in the contract displayed this contract, which is showed on the page of the REUTRES financial communications Reuters (REUTRES) Financial Telecommunication terminal "LIBO=" on the first two working days of the bank of before the withdrawal day or the benchmark interest rate adjustment day (11:00 a.m at day(11:00 noon, London time); HIBOR is the interbank offered rate of the currency in Hong Kong dollar displayed Kong, which is showed on the page of the REUTRES financial communications Reuters (REUTRES) Financial Telecommunication terminal "HIBO=" on the first two working days of the bank of before the withdrawal day or the benchmark interest rate adjustment dayday (11:15 noon, Hong Kong time).

Appears in 1 contract

Samples: Highpower International, Inc.

Interest Rate and Interest. 1.1 In the respect of a foreign currency loansloan, LIBOR is shall be the interbank offered lending rate for the currency of the loan currency in the contract displayed hereunder shown on the “LIBO=” screen page of the REUTRES financial communications terminal "LIBO=" (11:00 am London Time) on the first REUTERS financial information terminal two working banking business days of before the bank of the withdrawal day drawdown date or the benchmark interest base rate adjustment day (11:00 a.m at London time)date; and HIBOR is shall be the interbank offered lending rate of the Hong Kong dollar displayed for HK dollars shown on the “HIBO=” screen page of the REUTRES financial communications terminal "HIBO=" (11:15am HK Time) on the first REUTERS financial information terminal two working banking business days of before the bank of the withdrawal day drawdown date or the benchmark interest base rate adjustment daydate.

Appears in 1 contract

Samples: Fixed Assets Loan Contract (Bona Film Group LTD)

Interest Rate and Interest. 1.1 In the foreign currency loans, LIBOR is the interbank refers to inter-bank offered rate of the loan currency under this contract as displayed in the contract displayed on the financial telecommunication terminal “LIBO=” page of the REUTRES financial communications terminal "LIBO=" on the first two working banking days before date of the bank withdrawal or date of the withdrawal day or the adjustment of benchmark interest rate adjustment day (11:00 a.m at London time: Noon 11:00); HIBOR is the interbank refers to inter-bank offered rate of the Hong Kong dollar HKD displayed on the in financial telecommunication terminal “HIBO=” page of the REUTRES financial communications terminal "HIBO=" on the first two working banking days before date of the bank withdrawal or date of the withdrawal day or the adjustment of benchmark interest rate adjustment day(Hong Kong time: Noon 11:15).

Appears in 1 contract

Samples: China TMK Battery Systems Inc.

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Interest Rate and Interest. 1.1 In the loan of foreign currency loanscurrency, LIBOR is means the interbank offered rate of the loan currency in the contract hereunder displayed on the “LIBO=” page of the REUTRES Reuters financial communications telecommunication terminal "LIBO=" at (11:00am, London time) on the first Loan drawdown date or two bank working days before the adjustment of the bank of the withdrawal day or the benchmark interest rate adjustment day (11:00 a.m at London time)rate; HIBOR is means the interbank offered rate of the Hong Kong dollar Dollar displayed on the “HIBO=” page of the REUTRES Reuters financial communications telecommunication terminal "HIBO=" at (11:15am, Hong Kong time) on the first Loan drawdown date or two bank working days before the adjustment of the bank of the withdrawal day or the benchmark interest rate adjustment dayrate.

Appears in 1 contract

Samples: Entrusted Payment Agreement (Anpulo Food, Inc.)

Interest Rate and Interest. 1.1 In the foreign currency loansexchange loan, LIBOR is shall be the interbank offered offer rate of the currency of the loan currency under this contract displayed in the contract displayed on the “LIBO=” page of REUTTRES interbank financial telecommunication terminal two banking days (11: 00 at noon London Time) before the REUTRES financial communications terminal "LIBO=" on the first two working days of the bank of the withdrawal money drawing day or day of adjustment of the benchmark interest rate adjustment day (11:00 a.m at London time)rate; HIBOR is shall be the interbank offered offer rate of the currency of HK Dollar displayed in the “HIBO=” page of REUTTRES interbank financial telecommunication terminal two banking days (11: 00 at noon Hong Kong dollar displayed on Time) before the page of the REUTRES financial communications terminal "HIBO=" on the first two working days of the bank of the withdrawal money drawing day or day of adjustment of the benchmark interest rate adjustment dayrate.

Appears in 1 contract

Samples: Oriental Nonferrous Metals Technology Co LTD

Interest Rate and Interest. 1.1 In the For foreign currency loansborrowing, LIBOR is the interbank offered interest rate of for the loan lending currency in under the contract Contract displayed on the Reuters financial telecommunications terminal “LIBO=“ page of the REUTRES financial communications terminal "LIBO=" on the first two working banking days of the bank of (11: 00 am London time) prior to the withdrawal day date or the benchmark interest rate adjustment day (11:00 a.m at London time)date; HIBOR is the interbank offered interest rate of for the Hong Kong dollar lending currency under the Contract displayed on the Reuters financial telecommunications terminal “HIBO=“ page of the REUTRES financial communications terminal "HIBO=" on the first two working banking days of the bank of (11: 15 am Hong Kong time) prior to the withdrawal day date or the benchmark interest rate adjustment daydate.

Appears in 1 contract

Samples: Photronics Inc

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