Normal interest rate. The rate of interest applicable to an Advance for all or any part of its Term shall be the rate per annum (as determined by the Agent) equal to the sum of:
Appears in 3 contracts
Sources: Revolving Credit Facility Agreement (Alstom), Revolving Credit Agreement (Alstom), Revolving Credit Facility Agreement (Alstom)
Normal interest rate. The rate of interest applicable to an Advance for all or any part of its Term shall be the rate per annum (as determined by the AgentBank) equal to the sum of:
Appears in 2 contracts
Sources: Revolving Credit Agreement (Alstom), Revolving Credit Agreement (Alstom)
Normal interest rate. The rate of interest applicable to an Advance for all or any part of its Term shall be the rate per annum (as determined by the Agent) equal to the sum of:
(a) the Margin as applicable for that Advance;
(b) the Mandatory Costs (as notified to the Agent by the Banks) for that, or (as the case may be) that part of that, Term if applicable; and
(c) EURIBOR (in the case of Advances in euro) or LIBOR (in any other case) for that Term unless market practice dictates otherwise.
Appears in 1 contract
Sources: Revolving Credit Agreement (Alstom)
Normal interest rate. The rate of interest applicable to an Advance for all or any part of its Term shall be the rate per annum (as determined by the Agent) equal to the sum of:
(a) the Margin as applicable for that Advance; and
(b) the Mandatory Costs (as notified to the Agent by the Banks) for that, or (as the case may be) that part of that, Term if applicable; and
(c) EURIBOR (in the case of Advances in Euros) or LIBOR (in any other case) for that Term unless market practice dictates otherwise.
Appears in 1 contract
Sources: Revolving Credit Agreement (Alstom)