Substitute Interest Period and Interest Rate. If sub-Clause 6.1(a) of Clause 6.1 (Market Disruption) applies to an Advance, the duration of the relevant Interest Period shall be one (1) month or, if less, such that it shall end on the next applicable succeeding Repayment Date. If either sub-Clause 6.1(a) or 6.1(b) of Clause 6.1 (
Appears in 2 contracts
Samples: Facility Agreement (First Solar, Inc.), Facility Agreement (First Solar, Inc.)
Substitute Interest Period and Interest Rate. If sub-Clause 6.1(a) clause 6.1.1 of Clause 6.1 (Market Disruption) applies to an any Advance, the duration of the relevant Interest Period shall be one (1) month or, if less, such that it shall end on the next applicable succeeding Repayment Date. If either sub-Clause 6.1(a) clause 6.1.1 or 6.1(b) 6.1.2 of Clause 6.1 (Market Disruption) applies to any Advance, the rate of interest applicable to such Advance during the relevant Interest Period shall (subject to any agreement reached pursuant to Clause 6.3 (Alternative Rate)) be the rate per annum, which is the sum of:
Appears in 1 contract
Samples: Term Loan Agreement
Substitute Interest Period and Interest Rate. If sub-Clause 6.1(a) clause 6.1.1 of Clause 6.1 (Market Disruption) applies to an any Advance, the duration of the relevant Interest Period shall be one (1) month or, if less, such that it shall end on the next applicable succeeding Repayment Date. If either sub-Clause 6.1(a) clause 6.1.1 or 6.1(b) of Clause 6.1 (6.
Appears in 1 contract
Samples: Term Loan Agreement
