Floating Rate of Interest. The Lender shall be entitled to revise the rate of Interest at any time and from time to time as per its policy, market conditions and/or applicable laws and regulations, if any, during the tenor of the Loan at its sole discretion. The Lender shall inform the Borrower about the variation in the rate of Interest in due course.
Appears in 4 contracts
Sources: Loan Agreement, Loan Agreement, Loan Agreement