Examples of Note A Interest Rate in a sentence
In the event that Borrower elects that the Note A Interest Rate shall be a fixed rate, then any prepayment applicable to Note A, shall be accompanied by a payment equal to the Make Whole Premium calculated in respect of such prepayment.
Except as provided in Section 2.05, the Obligations shall bear interest at the Note A Interest Rate, with respect to the outstanding principal balance from time to time of Note A, and at the Note B Interest Rate, with respect to the outstanding principal balance from time to time of Note B.
The Note A Interest Rate and Note B Interest rate for each calendar month shall be determined by reference to the LIBO Rate in effect on the penultimate Business Day of the immediately preceding calendar month.
The “Note A Interest Rate” shall be the rate of interest per annum equal to the sum of the Note A Interest Rate Spread plus the LIBO Rate.
Notwithstanding the above, on the Closing Date Borrower shall pay to Lender an amount equal to the interest which will accrue on the principal balance of the Loan calculated at the Note A Interest Rate with respect to Tranche A and at the Note B Interest Rate with respect to Tranche B from and after the Closing Date through and including the last day of the calendar month during which the Closing occurs.