COF Loan definition

COF Loan. Loans the rate of interest applicable to which is based upon the COF Rate.
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COF Loan. The aggregate principal amounts of all Term Loans which bear interest at a COF Interest Rate.
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COF Loan. All Term Loans which bear interest at a particular COF Interest Rate commencing at a particular date.
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Examples of COF Loan in a sentence

  • Interest on Floating Rate Loans and the COF Loan (if any) will be payable monthly in arrears on the first day of each month.

  • The rate of interest payable on any COF Loan will be the COF Interest Rate applicable thereto.

  • Interest on any COF Loan will be payable at the applicable COF Interest Rate.

  • Interest on the COF Loan will be payable at the applicable COF Interest Rate.

  • The rate of interest payable on any COF Loan shall be the Adjusted COF Rate applicable thereto.

  • Subject to the conditions set forth below, the relevant Borrower or Borrowers may request that any Term Loan be made as a COF Loan (or, if a Term Loan is already outstanding as a Floating Rate Loan, that same be converted into a COF Loan).

  • The Committee agreed to discuss this further after Public Works Committee, CMBR Kellerman will design some policy recommendations.

  • Said amount shall be reduced to present value calculated by using the number of days remaining in the relevant Interest Period (or, as to any prepayment of any installment of a COF Loan, the number of days remaining until the due date of the installment so prepaid) and by using the above-referenced United States Treasury security rate as the discount rate.

  • Each such request must include the principal amount of any proposed COF Loan, must identify any outstanding Term Loan as to which an Adjusted COF Rate is requested and must state the date on which such COF Loan is proposed to be made (or, if relating to an outstanding Term Loan as to which an Adjusted COF Rate is requested, the date on which such Adjusted COF Rate is to take effect).

  • Subject to the provisions of this Section 1.6, the Borrower may borrow any Term Loan as a COF Loan or may convert to a COF Loan all or any portion of any COF Loan then outstanding as a Floating Rate Term Loan; provided that in no event will the amount so borrowed as a COF Loan on any one date be less than $250,000 nor will the amount so converted to a COF Loan on any one date be less than $250,000.


More Definitions of COF Loan

COF Loan means a Loan denominated in Dollars that bears interest at a rate determined by reference to the COF Rate.
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COF Loan. If applicable, all or any portion of the outstanding September 1998 Term Loans which bears interest at a COF Interest Rate.
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COF Loan means a Loan denominated in Cdn.$ made by the Canadian Lenders to the Canadian Borrower outstanding from time to time and on which interest is to be paid in accordance with Section 4.1(b).
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COF Loan means a Loan hereunder during such time as it is made and/or being maintained at a rate of interest based on the COF Rate.
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COF Loan has the meaning specified in Section 2.01(b).
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Related to COF Loan

  • Type of Loan means a Base Rate Loan or a LIBOR Loan.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Eurodollar Loan means any Loan bearing interest at a rate determined by reference to the Eurodollar Rate.

  • Dollar Loan means a Loan denominated in Dollars.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Term Loan has the meaning specified in Section 2.01(b).

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Canadian Prime Rate Loan means a Tranche B Loan denominated in Canadian Dollars that bears interest based on the Canadian Prime Rate.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Domestic Rate Loan means any Advance that bears interest based upon the Alternate Base Rate.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.

  • Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • ABR Loan means any Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.