Examples of Canadian BA Rate in a sentence
Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans or Canadian BA Rate Loans are to be prepaid, the Interest Period(s) of such Loans.
Revolving Loans may be Base Rate Loans, Eurodollar Rate Loans, Canadian Prime Rate Loans or Canadian BA Rate Loans, as further provided herein.
All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate), Canadian Prime Rate Loans (including Canadian Prime Rate Loans determined by reference to the Canadian BA Rate) or Canadian BA Rate Loans shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed.
During the Forbearance Period, no Loan will be made, converted or continued as a LIBOR Loan or Canadian BA Rate Loan.
If any Borrower requests a Borrowing of, conversion to, or continuation of Eurodollar Rate Loans or Canadian BA Rate Loans in any such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month.