Examples of Note B Interest Rate in a sentence
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.
B Note Annual Payment Calculation Computation where the Note B Original Amount is multiplied by the Note B Interest Rate, multiplied by 365/360.
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.
The “Note B Interest Rate” shall be the rate of interest per annum equal to the sum of the Note B Interest Rate Spread plus the LIBO Rate.
The outstanding principal balance of Tranche B shall bear interest at a rate per annum equal to the Note B Interest Rate.