CD Interest Period definition

CD Interest Period means, with respect to a Fixed CD Rate Advance, a period of 30, 60, 90 or 180 days (or, subject to approval by all Lenders, 270 or 360 days) commencing on a Business Day selected by the Borrower pursuant to this Agreement. If such CD Interest Period would end on a day which is not a Business Day, such CD Interest Period shall end on the next succeeding Business Day.
CD Interest Period means, with respect to a Fixed CD Rate Advance, a period of 30, 60, 90 or 180 days commencing on a Business Day selected by the Borrower pursuant to this Agreement. If such CD Interest Period would end on a day which is not a Business Day, such CD Interest Period shall end on the next succeeding Business Day.
CD Interest Period means the period commencing initially on the date of delivery of a Pledged CD and thereafter on the date immediately following the end of any such initial period or subsequent period, and ending on the last Business Day of the period ending approximately seven (7) days thereafter.

Examples of CD Interest Period in a sentence

  • The Interest Rate in respect of each Term Loan that is a CD Loan during its related CD Interest Period shall be the CD Rate for such CD Interest Period plus, (x) from the Termination Date to and including the last day before the second anniversary of the Termination Date, seven-tenths of one percent (0.70%), and (y) from the second anniversary of the Termination Date to and including the Final Maturity Date, thirty-three-fortieths of one percent (0.825%).

  • For each Revolving Loan that is a CD Loan, the Interest Rate in respect of each CD Loan during its related CD Interest Period shall be the CD Rate for such CD Interest Period plus nine-twentieths of one percent (0.45%).

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  • To the extent that any Bank's Revised Proportional Share exceeds such Bank's Former Proportional Share, such Bank shall, not later than 10:00 a.m., Hawaii Standard Time, on the last day of such CD Interest Period or Eurodollar Interest Period, provide to the Agent at its office specified in Section 12.4 of the Credit Agreement, immediately available funds in Dollars in such amount together with any accrued but unpaid interest on such amount determined in accordance the Credit Agreement.

  • Company will with respect to any Eurodollar Interest Period and any CD Interest Period pay to Bank all amounts of principal, interest, fees and other amounts payable under any Loan at the LIBO Rate and Adjusted CD Rate free and clear of and without deduction for any and all taxes.


More Definitions of CD Interest Period

CD Interest Period means, with respect to any CD Rate Election:
CD Interest Period means, with respect to each particular CD Loan in a Borrowing, a period of 30, 60, 90 or 180 days, as specified in the Borrowing Notice or Continuation/Conversion Notice applicable thereto, beginning on and including the date specified in such Borrowing Notice or Continuation/Conversion Notice (which must be a Business Day), and ending on but not including the day which is 30, 60 or 90 or 180 days thereafter (e.g., a 30-day period beginning on April 1 will end on but not include April 30); provided that: (a) any CD Interest Period which would otherwise end on a day which is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; and (b) any CD Interest Period which begins on the last Business Day in a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day in a calendar month; and (c) notwithstanding the foregoing, any CD Interest Period which would otherwise end after the last day of the Commitment Period shall end on the last day of the Commitment Period (or, if the last day of the Commitment Period is not a Business Day, on the next preceding Business Day).
CD Interest Period means as to each CD Loan, the period which ------------------ shall begin on (and include) the most recent Borrowing Date with respect to such Loan and shall end, as Borrower shall elect in its notice pursuant to Section ------- 1.2 or 5.4, as the case may be, on (and include) the day 30, 60, 90 or 180 days --- --- thereafter, as selected by Borrower; provided that no CD Interest Period -------- commencing prior to the Revolver Expiration Date or the final maturity, by acceleration or otherwise, of all of the Term Loans shall end later than such Revolver Expiration Date or date of maturity of the Term Loans, as the case may be, and further provided that any CD Interest Period which would otherwise end ------- -------- on a day which is not a Business Day shall be extended to the next succeeding Business Day.
CD Interest Period. With respect to any CD Loan, (i) initially, the period commencing on the date such CD Loan is made and ending 30, 60 or 90 days thereafter as selected by the Borrowing Agent pursuant to Section 4.5(c) and thereafter, (ii) each period commencing on the last day of the next preceding Interest Period applicable to such CD Loan and (in each case) ending 30, 60 or 90 days thereafter, as selected by the Borrowing Agent pursuant to Section 4.5(c); provided that if any CD Interest Period would otherwise end on a day which is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day.
CD Interest Period and "Eurodollar Interest Period" mean, ------------------ -------------------------- respectively, an Interest Period applicable to CD Rate Loans and Eurodollar Rate Loans.
CD Interest Period means any period selected as provided in Section 3.2.2 and in Section 3.2.4 of 30, 60 or 90 days, commencing on any Banking Day; PROVIDED, HOWEVER, that subject to Section 3.2.4, if any CD Interest Period so selected would otherwise end on a date which is not a Banking Day, such CD Interest Period shall instead end on the next succeeding Banking Day; and PROVIDED, FURTHER that if any CD Interest Period so selected would extend beyond the Final Maturity Date, the last day of such CD Interest Period shall be the Final Maturity Date.
CD Interest Period means with respect to any CD Loan, (i) initially, the period commencing on the date such CD Loan is made and ending 30, 60, 90 or 180 days (or 365/366 days, if consented to by Bank) thereafter as selected by Borrower in its irrevocable Conversion/Continuation Notice as provided in Sections 4(c) and (d) and (ii) thereafter, each period commencing on the last day of the next preceding Interest Period applicable to such CD Loan and in each case ending, 30, 60, 90 or 180 days (or 365/366 days, if consented to by Bank) thereafter, as selected by Borrower in its irrevocable Continuation/Conversion Notice as provided in Sections 4(c) and (d); provided, that if CD Interest Period would otherwise end on a day which is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless the result of such extension would be to carry such interest period into another calendar month, in which event such Interest Period shall end on the immediately preceding Business Day; and provided, further, there shall not at any time be more than five (5) CD Loans, Base Rate Loans and Eurodollar Tranches, in the aggregate outstanding. Any CD Interest period pertaining to a CD Loan that begins on the last Business Day of a calendar month (or on a day for which there is not numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month, and no CD Interest Period selected shall end after the Term Maturity Date.