CD Loans definition

CD Loans means all Revolving Credit Loans or portions of the Term Loans bearing interest at a rate equal to the Adjusted CD Rate plus the Applicable Margin.

CD Loans means Syndicated Loans the interest rates on which are determined on the basis of rates referred to in clause (b) of the definition of "Fixed Base Rate" in this Section 1.01.

CD Loans means Loans, the interest on which is determined on the basis of rates referred to in the definition of "CD Base Rate" in Section 1.01.

Examples of CD Loans in a sentence

• If such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer exist, the principal amount of each such Base Rate Loan shall be converted into a CD Loan or Euro-Dollar Loan, as the case may be, on the first day of the next succeeding Interest Period applicable to the related CD Loans or Euro-Dollar Loans of the other Banks.

• If such Bank notifies such Borrower that the circumstances giving rise to such suspension or demand for compensation no longer exist, the principal amount of each such Base Rate Loan shall be converted into a CD Loan or Euro-Dollar Loan, as the case may be, on the first day of the next succeeding Interest Period applicable to the related CD Loans or Euro-Dollar Loans of the other Banks.

• If on or prior to the first day of any Interest Period deposits in Dollars (in the applicable amounts) are not being offered to the Bank in the relevant market for such Interest Period, the Bank shall forthwith give notice thereof to the Borrower, whereupon the obligations of the Bank to make CD Loans or Eurodollar Loans, as the case may be, shall be suspended until the Bank notifies the Borrower that the circumstances giving rise to such suspension no longer exist.

• Interest on LIBOR Loans, CD Loans and Base Rate Loans (if federal funds rate is effective rate) shall be computed on the basis of a year of 360 days and paid for the actual number of days elapsed.

• If such Bank notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer exist, the principal amount of each such Base Rate Loan shall be converted into a CD Loan or Euro-Dollar Loan, as the case may be, on the first day of the next succeeding Interest Period applicable to any related CD Loans or Euro-Dollar Loans of the other Banks.

More Definitions of CD Loans

CD Loans means Tranche A Loans and Tranche B Loans that bear interest at rates based upon the Adjusted CD Rate.

CD Loans means those portions of the Loan bearing interest at the CD Rate, or which would bear interest at such rate if the Maximum Rate ceiling was not in effect at a particular time.

CD Loans means the loan(s) availed by the Customer from the BFL for the purchase of consumer durable, digital and/or life style products from the dealer/ merchant outlets empaneled with the BFL;

CD Loans means Loans the interest on which is determined on the basis of rates referred to in subparagraph (b) of the definition of “Fixed Base Rate” in this Article 1. CERCLA means the Comprehensive Environmental Response, Compensation and Liability Act of 1980, 42 U.S.C. '9601, et seq., as amended from time to time. Closing has the meaning ascribed thereto in Section 4. 1. Closing Date has the meaning ascribed hereto in Section 4.1.

CD Loans means Loans that bear interest at rates based upon the Adjusted CD Rate.

CD Loans and "CD Loan": shall mean respectively, (i) any Loans -------- ------- during any period in which such Loans bear interest at a rate based upon the CD Rate, and (ii) a single such Loan.

CD Loans collectively, Loans (or any portions thereof) at such time as they (or such portions) are made or being maintained at a rate of interest based upon the CD Rate. Each CD Loan shall mature on the last day of the Interest Period applicable thereto.