Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each the Tranche or the Loan in respect of an Interest Period shall be the aggregate of (i) the applicable Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 2 contracts
Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each Tranche A or, in the case of Tranche or the Loan B, an Advance under that Tranche in respect of an Interest Period applicable to it shall be the aggregate of of:
(ia) the applicable Margin, ; and
(iib) the Mandatory Cost (if any); and
(c) and (iii) LIBOR for that Interest PeriodLIBOR.
Appears in 2 contracts
Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
Normal rate of interest. Subject to the provisions of this Agreement, the rate of interest on each the Tranche or the Loan in respect of an Interest Period shall be the aggregate of (i) the applicable Margin, (ii) the Mandatory Cost (if any) and (iii) LIBOR for that Interest Period.
Appears in 1 contract
Samples: Second Amending and Restating Deed (Global Ship Lease, Inc.)
