Interest rate During. each Interest Period interest shall accrue on the Loan at the rate determined by the Agent to be the aggregate of (a) the Margin, (b) LIBOR and (c) the Mandatory Cost, if any.
Appears in 3 contracts
Samples: Third Supplemental Agreement (Genco Shipping & Trading LTD), Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)
Interest rate During. each Interest Period interest shall accrue on the Loan at the rate determined by the Agent to be the aggregate of (a) the Margin, Margin and (b) LIBOR and (c) the Mandatory Cost, if anyLIBOR.
Appears in 1 contract
Samples: Loan Agreement (Teekay Tankers Ltd.)
Interest rate During. each Interest Period interest shall accrue on the Loan at the rate determined by the Agent to be the aggregate of (a) the Margin, (b) LIBOR and (c) the Mandatory Cost, if anyapplicable.
Appears in 1 contract
Samples: Teekay Offshore Partners L.P.
