Common use of Calculation of interest Clause in Contracts

Calculation of interest. The rate of interest on each Advance for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 2 contracts

Sources: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Syndicated Revolving Credit Agreement (Koninklijke KPN N V)

Calculation of interest. The rate of interest on each Advance for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 2 contracts

Sources: Amendment and Restatement Agreement (Mechel OAO), Amendment and Restatement Agreement (Mechel OAO)

Calculation of interest. The rate of interest on each Advance for each Interest Period is will be the percentage rate per annum which is determined by the Lender in accordance with market practice to be the rate equal to the aggregate of the applicable: (i) Margin; (ii) Margin and the LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if anyReference Rate.

Appears in 1 contract

Sources: Loan Agreement (Tim Participacoes Sa)

Calculation of interest. The rate of interest on each Advance for each Interest Period relative to such Advance is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 1 contract

Sources: Loan Agreement (Dorian LPG Ltd.)

Calculation of interest. The rate of interest on each Advance for each Interest Period is relating thereto shall be calculated at the percentage rate per annum which that is the aggregate of the applicableof: (ia) the Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iiib) Mandatory Cost, if anyLIBOR for the relevant Interest Period.

Appears in 1 contract

Sources: Covered Lenders Facility Agreement (Ormat Technologies, Inc.)

Calculation of interest. The rate of interest on each the Advance for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 1 contract

Sources: Distribution Agreement (Central European Distribution Corp)

Calculation of interest. The rate of interest on each Advance the Advances for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facility Agreement (Quintana Shipping Ltd.)

Calculation of interest. The Subject to the terms of this Agreement, the rate of interest on each Advance for each Interest Period is the percentage rate per annum which is the aggregate of the applicableof: (ia) the applicable Margin; (iib) LIBOR or, in relation to any Advance in euro, EURIBORLIBOR; and (iiic) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facilities Agreement (Ebookers PLC)

Calculation of interest. The rate of interest on each Advance or, as the case may be, the Loans for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (iib) LIBOR or, in relation to any Advance in euro, EURIBORLIBOR; and (iiic) Mandatory Cost, if any.

Appears in 1 contract

Sources: Supplemental Agreement (Navigator Holdings Ltd.)

Calculation of interest. The rate of interest on each Advance for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (iib) LIBOR or, in relation to any Advance in euro, EURIBORLIBOR; and (iiic) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facility Agreement (Gold Fields LTD)

Calculation of interest. The rate of interest on each Advance for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (iib) LIBOR or, in relation to any Advance in euroEuro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 1 contract

Sources: Limited Liability Partnership Agreement (Abb LTD)

Calculation of interest. The rate of interest on each Advance for each Interest Period its Term is the percentage rate per annum which is equal to the aggregate of the applicable: (ia) Margin; (iib) LIBOR EURIBOR or, in relation to any the case of an Advance denominated in euroan Optional Currency, EURIBORLIBOR; and (iii) Mandatory Cost, if any.

Appears in 1 contract

Sources: Credit Facility Agreement (Terex Corp)

Calculation of interest. The rate of interest on each Advance for each its Interest Period is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (iib) LIBOR or, in relation to any Advance in euro, EURIBORIBOR; and (iiic) Mandatory Cost, if any, in each case for that Interest Period; provided that with respect to any Advance and its initial Interest Period, the applicable IBOR shall be the rate for obligations maturing at the next Payment Date for such Advance.

Appears in 1 contract

Sources: Facility Agreement (Anthracite Capital Inc)

Calculation of interest. The rate of interest on each Advance for each Interest Period relating to it is the percentage rate per annum which is the aggregate of the applicableof: (ia) the Applicable Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 1 contract

Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

Calculation of interest. The rate of interest on each the Advance for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (i) 10.1.1 Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facility Agreement (Central European Distribution Corp)

Calculation of interest. (a) The rate of interest on each Advance (other than a Swingline Advance) for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if any.

Appears in 1 contract

Sources: Multicurrency Revolving Credit Agreement (Abb LTD)

Calculation of interest. The rate of interest on each Advance for each Interest Period relating to it is the percentage rate per annum which is the aggregate of the applicableof: (ia) the Applicable Margin; (iib) LIBOR or, in relation to any Advance in euro, EURIBORLIBOR; and (iiic) the Mandatory Cost, if any.

Appears in 1 contract

Sources: Term Loan Agreement (Ocean Rig UDW Inc.)

Calculation of interest. 5.1.1 The rate of interest on each Advance for each Interest Period is the percentage rate per annum which is determined by the Facility Agent to be the aggregate of the applicable: (ia) Margin; (iib) LIBOR or, in relation to any Advance in euro, EURIBORLIBOR/EURIBOR/▇▇▇▇▇▇ (as applicable); and (iiic) Mandatory Cost, if any.

Appears in 1 contract

Sources: Facility Agreement (Stena Ab)

Calculation of interest. The Subject to the provisions of this Agreement, the rate of interest on each Advance for in respect of each Interest Period relative to that Advance is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (iib) LIBOR or, in relation to any Advance in euro, EURIBORReference Rate; and (iiic) the Mandatory Cost, Cost (if any).

Appears in 1 contract

Sources: Loan Agreement (Navios Maritime Partners L.P.)

Calculation of interest. The rate of interest on each Advance for each Interest Period is the percentage rate per annum which is equal to the aggregate of the applicable: (i) Margin; (ii) Margin and the LIBOR or, in relation to any Advance in euro, EURIBOR; and (iii) Mandatory Cost, if anyReference Rate.

Appears in 1 contract

Sources: Loan Agreement (Tim Participacoes Sa)

Calculation of interest. The rate of interest on each Advance for each Interest Period relative to such Advance is the percentage rate per annum which is the aggregate of the applicable: (ia) Margin; (ii) LIBOR or, in relation to any Advance in euro, EURIBOR; and (iiib) Mandatory Cost, if anyLIBOR.

Appears in 1 contract

Sources: Loan Agreement (Dorian LPG Ltd.)