Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an Advance in respect of the Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate for that Interest Period and (c) the Mandatory Cost Rate, if any.
Appears in 2 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Gala Properties Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of of:
(a) the applicable Margin, ; and
(b) the Relevant Interest Rate LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of of:
(a) the Margin, ;
(b) the Relevant Interest Rate Mandatory Cost (if any); and
(c) LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 2 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate Applicable Margin and LIBOR applicable to such Advance for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 2 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the each Interest Period applicable to it that Advance shall be the aggregate of (a) the Margin, the Mandatory Cost (bif any) the Relevant Interest Rate and LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 2 contracts
Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an the Advance in respect of the an Interest Period applicable relative to it the Advance shall be the aggregate of (ai) the Margin, Margin and (bii) the Relevant Interest Reference Rate for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 2 contracts
Samples: Loan Agreement (Toro Corp.), Loan Agreement (Castor Maritime Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate for that Interest Period LIBOR and (c) the Mandatory Cost Rate, Costs (if any) for that Interest Period.
Appears in 2 contracts
Samples: Supplemental Agreement (Navios Maritime Containers Inc.), Facility Agreement (Navios Maritime Containers Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable relative to it that Advance shall be the aggregate of (ai) the Margin, (b) the Relevant Interest Rate for that Interest Period and (cii) the Mandatory Cost Rate, (if any) and (iii) LIBOR for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an Advance in respect of the an Interest Period applicable to it shall be the aggregate of (ai) the Margin, (b) the Relevant Interest Rate for that Interest Period and (cii) the Mandatory Cost Rate, if anyRate and (iii) and LIBOR for that Interest Period.
Appears in 2 contracts
Samples: Loan 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 an each Advance and the Loan and each part thereof in respect of the an Interest Period applicable shall, subject to it shall Clause 6.4, be the aggregate of (ai) the applicable Margin, (b) the Relevant Interest Rate for that Interest Period and (cii) the Mandatory Cost Rate, (if any.) and (iii)
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an the Advance in respect of the an Interest Period applicable to it shall be the aggregate of of:
(a) the Margin, ;
(b) the Relevant Interest Rate for that Interest Period and LIBOR; and
(c) the Mandatory Cost Rate, if anyCost; for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of of:
(a) the Margin, ;
(b) the Relevant Interest Rate for that Interest Period and LIBOR; and
(c) the Mandatory Cost Rate, if anyCost; for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the applicable Margin, (b) the Relevant Interest Rate for that Interest Period LIBOR and (c) the Mandatory Cost Rate, Costs (if any) for that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Product Shipping Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) Margin and the Relevant Interest Reference Rate for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Normal rate of interest. Subject to the provisions terms of this Agreement, the rate of interest on an applicable to each Advance in respect of the (or any part thereof) for each Interest Period applicable to it relating thereto shall be the aggregate of (ai) the Margin, (b) the Relevant Interest Rate for that Interest Period and (cii) the Mandatory Cost Rate, (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 an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of of:
(a) the Margin, ; and
(b) the Relevant Interest Rate LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an the Advance in respect of the an Interest Period applicable to it shall be the aggregate of (ai) the Margin, Margin and (bii) the Relevant Interest Rate LIBOR for that Interest Period subject to Clause 5.6 and (c) the Mandatory Cost Rate, if any5.7.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of of:
(a) the Margin, (b) the Relevant Interest Rate for that Interest Period and (c) the Mandatory Cost Rate, if any.; and
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Term Advance and each Revolving Advance (as the case may be) in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate Margin and LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, applicable Margin and (b) the Relevant Interest Rate LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
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 an the Term Advance and each Newbuilding Advance (as the case may be) in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, the Mandatory Cost (bif any) the Relevant Interest Rate and LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
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 an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate for that Interest Period Mandatory Cost and (c) the Mandatory Cost Rate, if anyLIBOR 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 an Advance in respect of the an Interest Period applicable to it shall be the aggregate of of:
(a) the applicable Margin, ;
(b) the Relevant Interest Rate LIBOR for that Interest Period and Period; and
(c) any costs notified by the Mandatory Cost Rate, if anyAgent to the Borrower under clause 20.5 as being applicable for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, (b) the Relevant Interest Rate for that Interest Period LIBOR and (c) the Mandatory Cost Rate, Costs (if any) 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 each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, the Mandatory Cost (bif any) the Relevant Interest Rate and LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
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 an Advance in respect of the an Interest Period applicable to it shall be the aggregate of of:
(a) the applicable Margin, ;
(b) the Relevant Interest Rate LIBOR for that Interest Period and Period; and
(c) any costs notified by the Mandatory Cost Rate, if anyLender to the Borrower under clause 19.5 as being applicable for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance and each part thereof in respect of the an Interest Period applicable to it shall be the aggregate of (aI) the Margin, (b) the Relevant Interest Rate for that Interest Period applicable Margin and (cii) the Mandatory Cost Rate, if anyLIBOR.
Appears in 1 contract
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an Advance on:
(a) each Advance; and
(b) the Loan, in each case in respect of the each Interest Period applicable to it it, shall be the aggregate of (a) the Margin, (b) the Relevant Interest Reference Rate and the Mandatory Cost Rate for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 1 contract
Samples: Amendment Agreement (Aegean Marine Petroleum Network Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (ai) the Margin, (bii) the Relevant Interest Rate LIBOR for that Interest Period and (ciii) the Mandatory Cost Rate, (if any) for that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (ai) the applicable Margin, (bii) the Relevant Interest Rate Mandatory Costs (if any) and (iii) LIBOR for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
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 an each Advance in respect of the an Interest Period applicable to it shall be the aggregate of (a) the Margin, the Mandatory Cost (bif any) and the Relevant Interest Reference Rate for that Interest Period and (c) the Mandatory Cost Rate, if anyPeriod.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
