Setting of Rates. The Lender's Carrying Cost Interest Rate and Supplemental Carrying Charges used hereunder to compute Loan Interest due on each Loan made hereunder on each Payment Date and the Supplemental Interest due on each Payment Date shall be calculated from time to time by the Lender in accordance with this Agreement (and written notice thereof shall be provided to AESOP Leasing not later than ten days prior to the applicable Payment Date). Such calculation shall be conclusive, absent demonstrable error.
Appears in 5 contracts
Samples: Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc)
Setting of Rates. The Lender's ’s Carrying Cost Interest Rate and Supplemental Carrying Charges used hereunder to compute Loan Interest due on each Loan made hereunder on each Payment Date and the Supplemental Interest due on each Payment Date shall be calculated from time to time by the Lender in accordance with this Agreement (and written notice thereof shall be provided to AESOP Leasing not later than ten (10) days prior to the applicable Payment Date). Such calculation shall be conclusive, absent demonstrable error.
Appears in 2 contracts
Samples: Loan Agreement (Cendant Corp), Loan Agreement (Avis Budget Group, Inc.)
Setting of Rates. The Lender's Carrying Cost Interest Rate and Supplemental Carrying Charges used hereunder to compute Loan Interest due on each Loan made hereunder on each Payment Date and the Supplemental Interest due on each Payment Date shall be calculated from time to time by the Lender in accordance with this Agreement (and written notice thereof shall be provided to AESOP Leasing II not later than ten days prior to the applicable Payment Date). Such calculation shall be conclusive, absent demonstrable error.
Appears in 2 contracts
Samples: Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc)
