Common use of Calculation of Rebate Clause in Contracts

Calculation of Rebate. The rate of Rebate to accrue and be payable over each Instalment for each Rebate Period is five per cent. (5%) per annum.

Appears in 4 contracts

Sources: Memorandum of Agreement (Himalaya Shipping Ltd.), Memorandum of Agreement (Himalaya Shipping Ltd.), Memorandum of Agreement (Himalaya Shipping Ltd.)