Fixed Rate Basis. The rate of interest on the participation of each Lender in a Fixed Rate Loan for each interest period commencing after the date of fixing in accordance with Clause 9.4 (Fixed Rate Loans) above, and continuing for a period up to the Final Repayment Date, shall be the rate determined by the Global Agent (instructed by the Lenders) to be the aggregate of: (a) the Margin; (b) the applicable Fixed Interest Rate; and (c) the Mandatory Cost, if any, applicable to the Lender’s participation in the Fixed Rate Loan.
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Fixed Rate Basis. The rate of interest on the participation of each Lender in a Fixed Rate Loan for each interest period commencing after the date of fixing in accordance with Clause 9.4 (Fixed Rate Loans) above, and continuing for a period up to the Final Repayment Date, shall be the rate determined by the Global Agent (instructed by the Lenders) to be the aggregate of:
(a) the Margin;
(b) the applicable Fixed Interest Rate; and
(c) the Mandatory Cost, if any, applicable to the Lender’s participation in the Fixed Rate Loan.
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