Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.
Appears in 21 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Poseidon Containers Holdings Corp.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the applicable Margin and LIBOR for that Interest Period.
Appears in 7 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (DryShips Inc.), Loan Agreement (StealthGas Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance and the Loan and each part thereof in respect of an Interest Period shall be the aggregate of (i) the Margin applicable Margin, (ii) the Mandatory Cost (if any) and LIBOR for that Interest Period(iii) LIBOR.
Appears in 7 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin and (ii) LIBOR for that Interest Period.
Appears in 7 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, and (ii) LIBOR for that Interest Period.
Appears in 6 contracts
Samples: Loan Agreement, Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Containerships Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance in respect of an Interest Period applicable to it shall be the aggregate of the Margin and LIBOR for that Interest Period.
Appears in 6 contracts
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Amending and Restating Agreement (GasLog Partners LP), Loan Agreement (GasLog Partners LP)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.
Appears in 5 contracts
Samples: Loan Agreement (Euronav NV), Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Tranche or the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 5 contracts
Samples: Amending and Restating Agreement (Poseidon Containers Holdings Corp.), Amending and Restating Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan an Advance in respect of an Interest Period applicable to it shall be the aggregate of (a) the Margin Margin, (b) LIBOR and LIBOR (c) Mandatory Costs (if any) for that Interest Period.
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement (Dynagas LNG Partners LP), Loan Agreement (Dynagas LNG Partners LP)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance in respect of an Interest Period shall be the aggregate of the applicable Margin and LIBOR for that Interest Period.
Appears in 5 contracts
Samples: Loan Agreement, Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance in respect of an Interest Period shall be the aggregate of (i) the Margin and (ii) LIBOR for that Interest PeriodPeriod subject to Clause 5.6 and 5.7.
Appears in 4 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (Navios Maritime Partners L.P.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on applicable to the Loan (or any part thereof) in respect of an Interest Period shall be the aggregate of the applicable Margin and LIBOR for that Interest Period.
Appears in 4 contracts
Samples: Fourth Amending and Restating Agreement (DryShips Inc.), Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 4 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance in respect of an Interest Period shall be the aggregate of the applicable Margin and LIBOR for that Interest PeriodPeriod for such Advance.
Appears in 4 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (a) the Margin and (b) LIBOR for that Interest Period.
Appears in 4 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Loan Agreement (Knightsbridge Tankers LTD)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (a) the Margin applicable Margin, (b) LIBOR and LIBOR (c) Mandatory Costs (if any) for that Interest Period.
Appears in 3 contracts
Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (a) the Margin and LIBOR Margin, (b) the Relevant Interest Rate for that Interest Period, and (c) the Mandatory Cost Rate.
Appears in 3 contracts
Samples: Loan Agreement (Arlington Tankers Ltd.), Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance in respect of an Interest Period shall be the aggregate of the Margin Margin, the Mandatory Cost (if any) and LIBOR for that Interest Period.
Appears in 3 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Amending and Restating Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan Advance in respect of an Interest Period relative to the Advance shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 3 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)
Normal rate of interest. Subject to the provisions of this AgreementAgreement (including without limitation Clause 6.5), the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the applicable Margin and LIBOR for that Interest Period.
Appears in 3 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan and each part thereof in respect of an Interest Period shall be the aggregate of (i) the applicable Margin and LIBOR for that Interest Period(ii) LIBOR.
Appears in 3 contracts
Samples: Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)
Normal rate of interest. Subject to the provisions terms of this Agreement, the rate of interest on applicable to the Loan in respect of an (or any part thereof) for each Interest Period relating thereto shall be the aggregate of (i) the Margin and (ii) LIBOR for that Interest Period.
Appears in 3 contracts
Samples: Amending and Restating Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Cosmo Llc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect or any part of an each Advance for each Interest Period shall be the aggregate of the Margin Margin, Term SOFR and LIBOR for that Interest Periodthe Mandatory Costs, if any.
Appears in 2 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance of the Loan in respect of an Interest Period shall be the percentage rate per annum which is the aggregate of the Margin Margin, LIBOR and LIBOR Mandatory Costs, if any, for that Interest Period.
Appears in 2 contracts
Samples: Credit Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance in respect of an Interest Period shall be the aggregate of (a) the Margin and (b) LIBOR for that Interest PeriodPeriod Provided that where the Borrowers request, and the Lenders agree to, an Interest Period of longer than twelve months, the applicable rate of interest shall be the aggregate of the Margin and the fixed rate agreed between the Lenders and the Borrowers and advised by the Agent to the Borrowers.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin Margin, the Mandatory Cost Rate and LIBOR for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan and each part thereof in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 2 contracts
Samples: Amending and Restating Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin and of:
(a) LIBOR for that Interest Period; plus
(b) the Margin; plus
(c) the Mandatory Cost (if any).
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period applicable to it shall be the aggregate of the Margin Margin, LIBOR for that Interest Period and LIBOR the Mandatory Cost for that Interest Period.
Appears in 2 contracts
Samples: Amending and Restating Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan or any part thereof in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan a Tranche in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan applicable to each Tranche in respect of an Interest Period shall be the aggregate of (a) the Margin Margin, (b) LIBOR and LIBOR (c) the Mandatory Cost (if any) for that Interest Period.
Appears in 2 contracts
Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (a) the Margin applicable Margin, (b) LIBOR and LIBOR (c) the Mandatory Cost (if any) for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period applicable to it shall be the aggregate of (i) the Margin and LIBOR Margin, (ii) the Mandatory Cost for that Interest PeriodPeriod (if any) and (iii) LIBOR.
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period applicable to it shall be the aggregate of the Margin Margin, LIBOR and LIBOR the Mandatory Cost for that Interest Period.
Appears in 2 contracts
Samples: Facility Agreement (NewLead Holdings Ltd.), Facility Agreement (NewLead Holdings Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of of:
(a) the Margin and Margin;
(b) the Mandatory Cost, if any; and
(c) LIBOR for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on on:
(a) each Advance; and
(b) the Loan Loan, in each case in respect of an each Interest Period applicable to it, shall be the aggregate of the Margin and LIBOR and the Mandatory Cost Rate for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (a) the applicable Margin and (b) LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period applicable to it shall be the aggregate of (a) the Margin and Margin, (b) LIBOR for that Interest PeriodPeriod and (c) the Mandatory Cost Rate.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period shall be the aggregate of (i) the Margin and (ii) LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance and the Loan and each part thereof in respect of an Interest Period shall be the aggregate of (i) the applicable Margin and LIBOR for that Interest Period(ii) LIBOR.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin and (ii) LIBOR for that Interest PeriodPeriod subject to Clause 5.6 and 5.7.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest interest Period applicable to it shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan (or any part thereof) in respect of an Interest Period shall be:
(i) in the case of any Interest Period for which LIBOR is applicable, the applicable Margin plus LIBOR; or
(ii) in the case of any Interest Period for which LIBOR is not applicable, such interest rate as shall be mutually agreed between the aggregate of Lender and the Margin and LIBOR for that Interest PeriodBorrower.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin Margin, the Mandatory Cost (if any) and LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an Advance or, as the case may be, the Loan in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period applicable to it shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost Rate and (iii) and LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan an Advance in respect of an Interest Period applicable to it shall be the aggregate of the Margin Margin, the Mandatory Cost (if any) and LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an the Interest Period shall be the aggregate of the Margin and LIBOR the Reference Rate for that the Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan and each part thereof in respect of an Interest Period shall be the aggregate of (i) the Margin and LIBOR for that Interest Period(ii) LIBOR.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance and the Loan and each part thereof in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if any) and LIBOR for that Interest Period(iii) LIBOR.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin Margin; (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period shall be the aggregate of (i) the Margin and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin and of:
(a) LIBOR for that Interest Period; plus
(b) the applicable Margin; plus
(c) the Mandatory Cost (if any).
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Tranche or the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin applicable Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance or, as the case may be, the Loan in respect of an Interest Period shall be the aggregate of (a) the Margin and (b) LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.,
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan a Tranche in respect of an Interest Period applicable to it shall be the aggregate of the Margin and LIBOR the Applicable Interest Rate for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost (if applicable) and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the applicable Margin and (ii) LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance of a Tranche in respect of an Interest Period shall be the aggregate of LIBOR and the applicable Margin and LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Oceanfreight Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on applicable to the Loan in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Oceanfreight Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan and each part thereof in respect of an Interest Period shall be the aggregate of (i) the Margin applicable Margin, (ii) the Mandatory Cost (if any) and LIBOR for that Interest Period(iii) LIBOR.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period shall be the aggregate of (i) the Margin (ii) the Mandatory Costs (if any) and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Advance of a Tranche in respect of an Interest Period shall be the aggregate of LIBOR and the applicable Margin and LIBOR for such Advance for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Advance of the Loan in respect of an Interest Period shall be the aggregate of the Margin and LIBOR LIBOR, for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan Advance or any part thereof in respect of an Interest Period shall be the aggregate sum of the Margin and LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Top Ships Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period. Provided always that should the Borrowers request, and should the Lenders agree to, an Interest Period greater than 12 months, then the rate of interest shall be determined by the Agent by reference to the Lenders’ cost of funds.
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost and (iii) and LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan applicable to each Advance (or any part thereof) in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Cost Rate and (iii) and LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of (a) the Margin Margin, (b) LIBOR and LIBOR (c) the Mandatory Cost Rate, for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Term Loan and each Advance of the Revolving Loan in respect of an Interest Period shall be the aggregate of of:
(a) the Margin and Margin; plus
(b) LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period applicable to it shall be the aggregate of the applicable Margin and LIBOR for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period shall be the aggregate of (i) the applicable Margin (ii) the Mandatory Costs (if any) and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period shall be the aggregate of (i) the Margin Margin, (ii) the Mandatory Costs (if any) and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan each Tranche in respect of an Interest Period applicable to it shall be the aggregate of the applicable Margin and LIBOR the Reference Rate for that Interest Period.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of of:
(a) the Margin and Margin; plus
(b) LIBOR for that Interest PeriodPeriod (or, in accordance with Section 5.8, the Base Rate).
Appears in 1 contract
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)