Aggregated Default Interest Rate definition

Aggregated Default Interest Rate means, for any day during any Interest Period, the sum of the Adjusted Eurodollar Rate for such Interest Period plus 500 basis points.

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Aggregated Default Interest Rate means, for any day during any Interest Period, the sum of the Adjusted LIBO Rate for such Interest Period plus the Applicable Margin plus the Default Margin plus the Incremental Margin (if applicable).

Aggregated Default Interest Rate means 200 basis points per annum.

Examples of Aggregated Default Interest Rate in a sentence

Such Aggregated Default Interest shall bear interest on the outstanding amount thereof, for each day during each Interest Period applicable thereto, at a rate per annum equal to the Aggregated Default Interest Rate and such accrued interest shall be aggregated on the last day of such Interest Period with the Aggregated Default Interest and shall be deemed “Aggregated Default Interest” upon such aggregation.
Such accrued interest shall be aggregated on the last day of such Interest Period, accrue interest at the Aggregated Default Interest Rate and shall be deemed "Aggregated Default Interest." Aggregated Default Interest and the interest thereon shall be distributed in accordance with Section 2.08 of the Facility Agreement.
Such accrued interest shall be aggregated on the last day of such Interest Period, accrue interest at the Aggregated Default Interest Rate and shall be deemed “Aggregated Default Interest.” Aggregated Default Interest and the interest thereon shall be distributed in accordance with Section 2.08 of the Facility Agreement.
Such Aggregated Default Interest shall bear interest on the outstanding amount thereof, for each day (excluding the last day) during each Interest Period applicable thereto, at a rate per annum equal to the Aggregated Default Interest Rate and such accrued interest shall be aggregated on the last day of such Interest Period with the Aggregated Default Interest and shall be deemed “Aggregated Default Interest” upon such aggregation.
Such accrued interest shall be aggregated on the last day of such Interest Period, accrue interest at the Aggregated Default Interest Rate and shall be deemed “Aggregated Default Interest”.
Such accrued interest shall be aggregated on the last day of such Interest Period, accrue interest at the Aggregated Default Interest Rate and shall be deemed “Aggregated Default Interest.” Aggregated Default Interest and the interest thereon shall be payable in accordance with Section 2.18.
Such Aggregated Default Interest shall bear interest on the outstanding amount thereof, for each day during each Interest Period applicable thereto, at a rate per annum equal to the Aggregated Default Interest Rate and such accrued interest shall be aggregated on the last day of such Interest Period with the Aggregated Default Interest and shall be deemed "Aggregated Default Interest" upon such aggregation.

More Definitions of Aggregated Default Interest Rate

Aggregated Default Interest Rate means, for any day during any Interest Period, the sum of the Interest Rate for such day in such Interest Period plus 200 basis points.

Aggregated Default Interest Rate means, for any day during any Interest Period, the sum of the Adjusted Eurodollar Rate for such Interest Period plus 500 basis points."

Aggregated Default Interest Rate. For any day during any Interest Period, the sum of the 1 Month LIBOR for such Interest Period plus 350 basis points. The Aggregated Default Margin shall be incremental to the applicable Margins.

Aggregated Default Interest Rate the definition of “Business Day”, the definition of “Corporate Base Rate”, the definition of “Interest Period”, the definition of “Hedging Event”, timing and frequency of determining rates and making payments of interest and other, timing of borrowing requests or prepayment, conversion or continuation notices, length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Agent in a manner substantially consistent with market practice (or, if the Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Agent determines that no market practice for the administration of the Benchmark Replacement exists, in such other manner of administration as the Agent decides is reasonably necessary in connection with the administration of this Agreement or any other Loan Documents). “Benchmark Replacement Date” means the earlier to occur of the following events with respect to LIBORthe then-current Benchmark: (i1) in the case of clause (i1) or (ii2) of the definition of “Benchmark Transition Event,” the later of (a) the date of the public statement or publication of information referenced therein and (b) the date on which the administrator of LIBORsuch Benchmark (or the published component used in the calculation thereof) permanently or indefinitely ceases to provide LIBOR; orall Available Tenors of such Benchmark (or such component thereof); and 747656567 17557858 8 Fifth Amended and Restated Warehouse Loan Agreement

Aggregated Default Interest Rate means, for any day during any Interest Period, the sum of the Adjusted EurodollarInterest Rate for such day in such Interest Period plus 500 basis points. “Agreement” means this Warehouse Loan Agreement, as amended, supplemented, amended and restated or otherwise modified from time to time. “Amended Loan Documents” means this Agreement, the Management Agreement, the Security Agreement and the Asset Contribution and Purchase Agreement. “Amendment Closing Date” means March 15, 2021. “Anti-Corruption Laws” means all laws, rules, regulations, as amended, applicable to the Facility Parties concerning or related to bribery or corruption, including the U.S. Foreign Corrupt Practices Act of 1977, the UK ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, and all other applicable anti-bribery and corruption laws. “Anti-Money Laundering Laws” has the meaning assigned to such term in Section 5.10(b). “Applicable Law” means, with reference to any Person, all laws (foreign or domestic), statutes, rulings, codes, ordinances and treaties, including the FRA and the Interchange Rules, and all judgments, decrees, injunctions, writs and orders of any court, arbitrator or other Governmental Authority, and all rules, regulations, orders, interpretations, directives, licenses and permits of any governmental body, instrumentality, agency or other regulatory authority applicable to such Person or its property or in respect of its operations, and for the avoidance of doubt shall include any Existing Law (as defined in Section 3.03(b)). “Applicable Rate” means, for any day during any Interest Period, the sum of (a) the Adjusted EurodollarInterest Rate for such Interest Period plus (b) the Facility Margin plus (c) at any time after the Revolving Termination Date, the Step-Up Margin. “Applicable Valuation” means with respect to any Railcar on any date of calculation: (i) with respect to any Railcar subject to an Operating Lease: (x) the Depreciated Appraised Value of such Railcar on such date of calculation, if (A) the aggregate Depreciated Appraised Value of all Portfolio Railcars subject to an Operating Lease as of the date of the most recent Independent Appraisal of all Portfolio Railcars subject to an Operating Lease was less than (B) the aggregate Depreciated Purchase Price of all Portfolio Railcars subject to an Operating Lease as of the date of such Independent Appraisal; or (y) the Depreciated Purchase Price of such Railcar on such date of calculation, if (A) the aggregate Depreciated Purchase Price of all Po...