Substitute Interest Period and Interest Rate. If sub-clause 6.1.1 of Clause 6.1 (Market Disruption) applies to any Advance, the duration of the relevant Interest Period shall be one month or, if less, such that it shall end on the next succeeding Repayment Date. If either sub-clause 6.1.1 or 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 2 contracts
Samples: Loan Agreement, Loan Agreement
Substitute Interest Period and Interest Rate. If sub-clause 6.1.1 Clause 6.1(a) of Clause 6.1 (Market Disruption) applies to any 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 6.1.1 Clause 6.1(a) or 6.1.2 6.1(b) 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 2 contracts
Samples: Transfer Agreement (First Solar, Inc.), Facility Agreement (First Solar, Inc.)
