Normal interest rate. The Borrowers shall pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be the rate per annum determined by the Lender to be the aggregate of:
Appears in 2 contracts
Samples: Second Supplemental Agreement (Seanergy Maritime Holdings Corp.), First Supplemental Agreement (Castor Maritime Inc.)
Normal interest rate. The Borrowers shall Borrower must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender to be the aggregate ofbe:
Appears in 2 contracts
Samples: EuroDry Ltd., EuroDry Ltd.
Normal interest rate. The Borrowers shall agree to pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender Bank to be the aggregate of:of (a) the Margin and (b) the Compounded Reference Rate for such period.
Appears in 1 contract
Samples: Supplemental Agreement (Navios South American Logistics Inc.)
Normal interest rate. The Borrowers shall must pay interest on the a Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender to be the aggregate of:of (a) the Margin in respect thereof, (b) the Reference Rate for such period and (c) the Credit Adjustment Spread.β
Appears in 1 contract
Normal interest rate. The Borrowers shall Borrower must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender to be the aggregate of:of (a) the Margin and (b) the Reference Rate for such period.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Normal interest rate. The Borrowers shall Borrower must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender to be the aggregate of:of (a) the Margin in respect thereof, (b) the Reference Rate for such period and (c) the Credit Adjustment Spread.β
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Normal interest rate. The Borrowers Subject to the terms of this Agreement, the Borrower shall pay interest on the amount of the Loan (or as any part thereof at the case may be, Interest Rate applicable to each portion thereof to which a different Interest Period relates) Tranche in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender Bank to be the aggregate of:
Appears in 1 contract
Normal interest rate. The Borrowers Borrower shall pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender Bank to be the aggregate of:of (a) the Margin and (b) LIBOR for such Interest Period.
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Normal interest rate. The Borrowers shall must pay interest on the Loan (or as the case may be, each portion relevant part thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender to be the aggregate of:of (a) the Applicable Margin in respect thereof and (b) the Reference Rate for such period.
Appears in 1 contract
Samples: Facility Agreement (Euroseas Ltd.)
Normal interest rate. The Borrowers shall must pay interest on the Loan (or as the case may be, each portion thereof to which a different Interest Period relates) in respect of each Interest Period related relating thereto on each Interest Payment Date. The interest rate for the calculation of interest shall be Date at the rate per annum determined by the Lender to be the aggregate ofbe:
Appears in 1 contract
Samples: Euroseas Ltd.