The Interest Rate. You agree to pay interest on the Loan at the Interest Rate and on the terms provided in the Note. You agree that we are under no obligation to make any other advance to you under this Agreement, and that the decision to make any other advance shall be made by us in our sole and absolute discretion.
The Interest Rate. The Interest Rate' means the rate of 5% per year above the base-lending rate of Barclays Bank plc or such other bank being a member of the Committee of London and Scottish Bankers as the Landlord from time to time nominates in writing
The Interest Rate. Interest on unpaid principal shall accrue at a rate equal to the LIBOR Rate, as defined below, plus one and 15/100ths percent (1.15%) (the "Spread") per year. The LIBOR Rate shall be adjusted every three (3) months on each December 1, March 1, June 1, and September 1, or if such date is not a Banking Day, the next succeeding Banking Day ("Reset Date"). The "LIBOR Rate" means the interest rate determined by the following formula. (All amounts in the calculation will be determined by Bank as of the Reset Date.) LONDON INTER-BANK OFFERED RATE LIBOR Rate = ------------------------------- (1.00 - Reserve Percentage) Where,
The Interest Rate. The provisions of Sections 2.2 of the Senior Loan Agreement and all the related definitions in the Senior Loan Agreement (other than the definitions of those terms that are otherwise expressly defined herein), are hereby incorporated herein by reference, subject to modifications required by Section 1.2 hereof.
The Interest Rate. The applicable interest rate is 1.5% with a 30-year loan period, including a 5-year moratorium. The financial arrangement fees for contacts and the involvement of the persons indicated, the recurrent and associated expenses, the emoluments of the support offices and other applicable fees are 0.3% of the total amount of the loan. Any loan must be in line with the commitments of the Guinean Government, including the commitments made with the IMF on the concessionality of rates.
The Interest Rate. The Loan shall bear interest (the "Interest ----------------- --------- Rate") at a rate equal to the Company's then borrowing rate plus ---- .5% (currently 10.75%). Interest shall be calculated on the basis of a 365-day year for the actual days elapsed.
The Interest Rate. The Loan shall not accrue interest during the first twelve months after the date of settlement of the collective bargaining agreement, the end of the work stoppage, or the end of the crisis giving rise to the request for the loan. Commencing on the date which is one year after the date on which one of the aforementioned events takes place, interest will accrue on the Loan at the current prime rate per annum.
The Interest Rate. The Investment shall accrue interest at the rate of 22% for a duration of 18 months.
The Interest Rate. The Interest Rate' means the rate of 4% a year above the base lending rate of HSBC Bank plc or such other bank being a member of the British Bankers Association as the Landlord may from time to time nominate in writing.
The Interest Rate. 3.3.1 on the unpaid balance of the purchase price until it becomes due and owing will be the higher rate but if:
3.3.1.1 an interest payment calculated at the lower rate is receive by Xxxxxx on or before the relevant interest payment date; and
3.3.1.2 on that interest payment date there is no unwaived and continuing event of default, Xxxxx shall accept that payment for the period to which it relates instead of an interest payment calculated at the higher rate; and
3.3.2 on overdue monies will be the higher rate.
3.1 For the purposes of this clause:
