Loan Rate. Each Loan Terms Schedule shall establish the Loan Rate applicable to that Loan. The Loan Rate shall not be subject to change in the absence of manifest error or upon the written agreement of Borrower and Lender. All computations of interest on Loans shall be based on a year of twelve 30-day months. If Borrower pays interest on any Loan which is determined to be in excess of the then legal maximum rate, then that portion of each interest payment representing an amount in excess of the then legal maximum rate shall be deemed a payment of principal and applied against the principal of the applicable Loan.
Loan Rate. The loan rate for a marketing assistance loan under for peanuts subsection (a) shall be equal to $355 per ton.
Loan Rate. 8 Loan-to-Value Ratio..................................................8 Margin...............................................................8
Loan Rate. Each Advance shall be at the Loan Rate as specified in the related notice of borrowing, conversion or continuation and subject to the provisions below. The Loan Rate is subject to change, but Borrower may select, subject to the terms and conditions set forth below, a Loan Rate based upon either a LIBOR Rate or the Prime Rate for the entire principal amount of the Advance then outstanding or a portion thereof. The Loan Rate applicable to each advance may change due to the quarterly determination of the LIBOR Margin and Prime Margin, in accordance with the definitions thereof and based on the Cash Flow Leverage Ratio as reflected in the then most recent Compliance Certificate. Adjustments, if any, to the LIBOR Margin and/or Prime Margin shall be effective on the earlier of (i) the date the Compliance Certificate is due pursuant to Section 6.1(e) below or (ii) the day after Agent receives the Compliance Certificate. Prime Rate Advances and LIBOR Advances may be outstanding at the same time, but no more than eight (8) Aggregate Advances bearing interest at the LIBOR Rate may be outstanding at any time. Each Aggregate Advance shall be not less than the amount of $1,000,000.00.
Loan Rate. Interest on any Outstanding Principal Amount shall accrue at the LIBOR-Based Rate; provided, however, that if the Bank determines (i) that by the Determination Time (A) by reason of circumstances affecting the London Interbank Market generally, adequate and fair means do not exist for ascertaining an applicable LIBOR rate or it is impractical for the Bank to fund or continue to fund the Outstanding Principal Amount during the applicable Interest Period, or (B) quotes for funds in United States Dollars in sufficient amounts comparable to the relevant Outstanding Principal Amount and for the duration of the applicable Interest Period would not be available to the Bank in the London Interbank Market, or (C) quotes for funds in United States Dollars in the London Interbank Market will not accurately reflect the cost to the Bank of making a Loan or of funding the relevant Outstanding Principal Amount during the applicable Interest Period, or (ii) that at any time the making or funding of loans, or charging of interest at rates, based on LIBOR shall be unlawful or unenforceable for any reason, then as long as such circumstance(s) shall continue, interest on the relevant Outstanding Principal Amount shall accrue at the Alternate Rate.
Loan Rate. Interest shall accrue on the balance of principal remaining from time to time unpaid under this Note during each calendar month (whether full or partial) prior to the Maturity Date (as hereinafter defined) at an annual rate (the "LOAN RATE") equal to eight and sixty-six one hundredths percent (8.66%). Interest shall be computed on the basis of a year consisting of 360 days and having twelve thirty-day months.
Loan Rate. 1. The loan interest rate and adjustment method in this contract are detailed in Clause 2, Article 15.
Loan Rate. 1. The loan interest rate and adjustment method in this contract are detailed in Article 16, Clause 3.
2. If the collateral's guarantee capability decreases or loses its guarantee effect, or if the borrower or guarantor (if any) experiences any of the situations listed in Article 8, Clauses 3 to 16 of the contract, the borrower may repay the loan early. If the borrower is unable to repay the loan early, the lender has the right to charge interest based on a rate that is 5%-20% higher than the original applicable rate. The specific adjustment date and adjustment range will be separately notified to the borrower and guarantor.
Loan Rate. (1) In other modes than the “as-needed drawdown and repayment”, the loan rate hereunder shall be annual interest rate. If the interval time between the actual drawdown date of a single sum under this Contract and the signing date of this Contract is within six months (inclusive), the loan rate shall be implemented according to the following Method ②: ① Loan rate = pricing base rate on the signing date of this Contract + / basis points (1 basis point = 0.01%);
Loan Rate. 2.1 In terms of RMB loans, the basic rate applied in such extension shall be the financial institution’s basic interest rate on RMB loans at a new level for the accumulated loan term, with the following adjustment in accordance with the actual extension situation □rise /□lower (choose one by “√”) 0%, or the loan rate shall be 3%. The accumulated loan term refers to the sum of the loan term under the Loan Contract and the term under such loan extension.
