Examples of Bank Xxxx Rate in a sentence
Each N.Z. Swingline Loan shall be a Bank Xxxx Rate Loan (except to the extent required to be a Foreign Base Rate Loan as provided for herein) and, subject to the provisions of Section 2.07, shall bear interest as provided in Section 2.06(e).
Any payment of an Australian Bank Xxxx Rate Loan or a LIBOR Loan to a Borrower Group prior to the end of its Interest Period shall be accompanied by all amounts due under Section 3.9. All payments shall be made in the currency of the underlying Obligation.
During any Event of Default, Agent may (and shall at the direction of Required Borrower Group Lenders of the Borrower Group that consists of the New Zealand Borrowers) declare that no Loan may be made, converted or continued as a New Zealand Bank Xxxx Rate Loan.
Loans may be prepaid from time to time, without penalty or premium, subject to, in the case of Australian Bank Xxxx Rate Loans and LIBOR Loans, the payment of costs set forth in Section 3.9.
Thereafter, the obligation of Lenders to make or maintain Australian Bank Xxxx Rate Loans or LIBOR Loans, as applicable, shall be suspended to the extent of the affected Loan or Interest Period until Agent (upon instruction by Required Lenders) revokes the notice.