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 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.
CD Interest Period means, with respect to any CD Rate Election:

Examples of CD Interest Period in a sentence

  • The initial CD Interest Period applicable to the Pledged CDs in connection with the notice of delivery of Pledged CD will be indicated on the form attached as Schedule A hereto.

  • The Borrowers shall give a Notice to the Agent of each proposed CD Loan Borrowing, not less than four (4) Domestic Business Days prior to the proposed Borrowing Date, specifying the aggregate principal amount of CD Loans the Borrowers then desire the Banks to make, the proposed Borrowing Date and Maturity Date (which dates shall be CD Business Days) and the duration of the initial CD Interest Period with respect thereto.

  • Any purchase of CD Loans or Eurodollar Loans by non-Affected Banks or Replacement Lenders shall take place only on the last day of the relevant CD Interest Period or Eurodollar Interest Period (except, in the case of Eurodollar Loans, as otherwise required by Section 2.4).

  • Each CD-Based Rate shall remain in effect, subject to the provisions hereof, for the entire CD Interest Period until redetermined for the next successive period.

  • Interest based on the CD Rate Option will be fixed for periods of N/A (each a "CD Interest Period").


More Definitions of CD Interest Period

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 means, with respect to a Fixed CD ------------------ Rate Borrowing, a period of 30, 60, 90 or 180 days commencing on a Business Day and selected by the Borrower in its Borrowing Notice. If such n 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. 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. “Pledged CD”, “Pledged CD Rate”, “Required Amount” and “Value” are hereby added to the Loan Agreement in their proper alphabetical order, as follows.
CD Interest Period. : shall mean, as to any CD Loan, the period
CD Interest Period shall have the meaning as set forth under the definition of “Elected Interest Period”.
CD Interest Period and "Eurodollar Interest Period" mean, ------------------ -------------------------- respectively, an Interest Period applicable to CD Rate Loans and Eurodollar Rate Loans.