BA Rate Loan means a Loan denominated in Canadian Dollars that bears interest at a rate based on the BA Rate.
BA Rate Loan shall have the meaning ascribed thereto in Section 3.5.
Examples of BA Rate Loan in a sentence
Each Lender shall make available to the Agent its Pro Rata Share of the principal amount of each Loan (other than a BA Rate Loan) under the Credit Facility prior to 10:00 a.m. (Toronto time) on the date of the extension of credit.
The provisions of Section 3.5 with respect to the payment of interest on a BA Rate Loan shall apply mutatis mutandis to any rollover of a BA Rate Loan pursuant to this Section 5.2.
Where a particular Lxxxxx has funded the Borrower by way of a BA Rate Loan rather than by way of Bankers’ Acceptances, the provisions of this Section 6.3 as they relate to Bankers’ Acceptances shall apply mutatis mutandis to such BA Rate Loan.
More Definitions of BA Rate Loan
BA Rate Loan means a Canadian Loan that bears interest at the BA Rate. All BA Rate Loans shall be denominated in Canadian Dollars.
BA Rate Loan means any Canadian Revolver Loan denominated in Canadian Dollars bearing interest at a rate determined by reference to the BA Rate.
BA Rate Loan means a Canadian Tranche A Revolving Credit Advance or a Canadian Tranche A1 Revolving Credit Advance denominated in Canadian Dollars which bears interest at a rate based on the BA Rate.
BA Rate Loan means any Bankers' Acceptance or BA Equivalent Loan bearing interest at the BA Rate.
BA Rate Loan means each portion of Advances that bears interest at a rate determined by reference to the BA Equivalent Rate.
BA Rate Loan means a Revolving Advance in Canadian Dollars that bears interest determined by reference to the CDOR Rate in accordance with the terms hereof.