Normal interest rate. The Borrower must pay interest on the Loan in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such period.
Appears in 2 contracts
Samples: Agreement (EuroDry Ltd.), Agreement (Euroseas Ltd.)
Normal interest rate. The Borrower must pay interest on the Loan each Advance in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender Agent to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such periodLIBOR.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Navios Maritime Acquisition CORP
Normal interest rate. The Borrower must agrees to pay interest on each Advance and the Loan in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender Agent to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such period.
Appears in 2 contracts
Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)
Normal interest rate. The Borrower Borrowers must pay interest on the Loan each Advance in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender Agent to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such periodLIBOR.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)
Normal interest rate. The Borrower must pay interest on the Loan and each Advance in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such periodLIBOR.
Appears in 1 contract
Samples: Agreement (StealthGas Inc.)
Normal interest rate. The Borrower must pay interest on the Loan in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender Payment Agent to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such periodLIBOR.
Appears in 1 contract
Samples: Navios Maritime Partners L.P.
Normal interest rate. The Borrower must pay interest on each Advance, the Loan and the Revolving Loan in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender Agent to be the aggregate of (a) the Applicable Margin in respect thereof and (b) LIBOR for such periodLIBOR.
Appears in 1 contract
Samples: Private and Confidential (Navios Maritime Holdings Inc.)
Normal interest rate. The Borrower must pay interest on the Loan in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such periodLIBOR.
Appears in 1 contract
Samples: Agreement (StealthGas Inc.)
Normal interest rate. The Borrower Borrowers must pay interest on the Loan each Advance in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender to be the aggregate of (a) the Margin in respect thereof and thereof, (b) LIBOR the Reference Rate for such periodperiod and (c) the applicable Credit Adjustment Spread.
Appears in 1 contract
Samples: Agreement (EuroDry Ltd.)
Normal interest rate. The Borrower must pay interest on the Loan in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender to be the aggregate of (a) the Applicable Margin in respect thereof and (b) LIBOR for such periodLIBOR.
Appears in 1 contract
Samples: Agreement (Box Ships Inc.)
Normal interest rate. The Borrower Borrowers must pay interest on the Loan each Advance in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender Agent to be either (A) the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such periodLIBOR, or (B) if the Borrowers select an Interest Period of 12 months or over (with the agreement of the Lenders), the aggregate of (a) the Actual Rate and (b) the Margin.
Appears in 1 contract
Samples: Navios Maritime Acquisition CORP
Normal interest rate. The Borrower must Borrowers agree to pay interest on the Loan in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such period.,
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
Normal interest rate. The Borrower must agrees to pay interest on the Loan in respect of each Interest Period relating thereto on each Interest Payment Date at the rate per annum determined by the Lender Bank to be the aggregate of (a) the Margin in respect thereof and (b) LIBOR for such period.
Appears in 1 contract