(a) Subject to the terms and conditions of this Section  2.2.3 , each Component of the Loan shall bear interest at the Floating Interest Rate applicable to such Component. The Floating Interest Rate applicable to an Interest Period shall be determined by Lender as set forth herein; provided , however , that LIBOR for the Interest Period commencing on the Closing Date through and including July 14, 2017, shall be 1.2233%.
determination of interest rate