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Common use of Interest and other amounts Clause in Contracts

Interest and other amounts. (a) The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of: (i) the Margin; and

Appears in 3 contracts

Sources: Facility Agreement, Facility Agreement (Teekay Corp), Facility Agreement (Teekay LNG Partners L.P.)

Related Clauses

  • Taxes and other Amounts
  • Payment of Principal, Interest and Other Amounts
  • Rent and Other Payments
  • Fees and Other Charges
  • Debt and Other Obligations

Parent Clauses

  • Restrictions
  • Repayment Prepayment and Cancellation
  • Right of cancellation in relation to a Defaulting Lender
  • Capital Contributions
  • Right of cancellation and repayment in relation to a single Lender

Sub-Clauses

  • LIBOR
  • Interest will be payable
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