Ordinary Interest Rate. The interest rate applicable during each Interest Period thereof shall be the sum of the 1 month EURIBOR plus the Applicable Margin, as both terms are defined herein below, and shall be fixed on the second (2) Business day prior to the date of commencement of the corresponding Interest Period. For the purposes of this Agreement, the terms set out below shall have the following meanings:
Ordinary Interest Rate. 33 Margin............................................................ 34
Ordinary Interest Rate. The Borrower is hereby required to pay the Lender, without any prior request, on each Interest Payment Date, ordinary interest on the unpaid balance of the Loan, as of the Borrowing Date and until it is fully repaid, at an annual interest rate for each Interest Period equal to the Ordinary Interest Rate.
