Competitive Bid Absolute Rate definition
Competitive Bid Absolute Rate has the meaning set forth in Section 2.03(d).
Competitive Bid Absolute Rate has the meaning specified in Section 2.03(d)(ii)(D).
Competitive Bid Absolute Rate. As defined in Section 2.13.4 hereof. Competitive Bid Rate Activation Date. As defined in Section 2.13.2 hereof with respect to any proposed Competitive Bid Rate Loan. Competitive Bid Rate Loan. A Competitive Bid Eurodollar Loan or an Absolute Rate Loan. Competitive Bid Eurodollar Loan. A Loan made by a Bank pursuant to a Eurodollar Auction. Competitive Bid Rate Margin. As defined in Section 2.13.4 hereof. Competitive Bid Rate Maximum Amount. The discretionary option of the Banks to loan, in their sole discretion, the sum, in the aggregate, of up to $425,000,000 to the Borrower pursuant to the terms hereof. Competitive Bid Rate Notes. Those certain promissory notes of the Borrower, each substantially in the form of Exhibit L attached hereto, to the order of each of the Banks evidencing the obligations of the Borrower to repay the Competitive Bid Rate Loans made to it by such Bank hereunder, any other promissory notes issued in connection with Competitive Bid Rate Loans, if any, made or to be made hereunder, and any extension, renewals or amendments to, or any replacements of, any of the foregoing. Competitive Bid Rate Quote. An offer by any Bank to make one or more Competitive Bid Rate Loans in accordance with Section 2.13.2 hereof. Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of the Borrower and the Consolidated Subsidiaries, consolidated in accordance with GAAP.
Examples of Competitive Bid Absolute Rate in a sentence
The Administrative Agent shall promptly (and in any event within one (1) Business Day after such offers are accepted except with respect to Competitive Bid Absolute Rate Borrowings which shall be on the same day as such offers are accepted) notify the Borrower and each such Bank in writing of any such allocation of Competitive Bid Loans.
More Definitions of Competitive Bid Absolute Rate
Competitive Bid Absolute Rate has the meaning set forth in Section 2.03(d). “Competitive Bid Absolute Rate Loan” means a loan made or to be made by a Bank pursuant to an Absolute Rate Auction. “Competitive Bid Lending Office” means, as to each Bank, its Domestic Lending Office or such other office, branch or affiliate of such Bank as it may hereafter designate as its Competitive Bid Lending Office by notice to the Company and the Administrative Agent; provided that any Bank may from time to time by notice to the Company and the Administrative Agent designate separate Competitive Bid Lending Offices for its Competitive Bid LIBOR Loans, on the one hand, and its Competitive Bid Absolute Rate Loans, on the other hand, in which case all references herein to the Competitive Bid Lending Office of such 2
Competitive Bid Absolute Rate has the meaning set forth in Section 2.03(d). “Competitive Bid Absolute Rate Loan” means a loan made or to be made by a Bank pursuant to an Absolute Rate Auction. “Competitive Bid Lending Office” means, as to each Bank, its Domestic Lending Office or such other office, branch or affiliate of such Bank as it may hereafter designate as its Competitive Bid Lending Office by notice to the Company and the Administrative Agent; provided that any Bank may from time to time by notice to the Company and the Administrative Agent designate separate Competitive Bid Lending Offices for its Competitive Bid LIBOR Loans, on the one hand, and its Competitive Bid Absolute Rate Loans, on the other hand, in which case all references herein to the Competitive Bid Lending Office of such Bank shall be deemed to refer to either or both of such offices, as the context may require. “Competitive Bid LIBOR Loan” means a loan made or to be made by a Bank pursuant to a LIBOR Auction (including such a loan bearing interest at the Base Rate pursuant to Section 8.01(a)). 2
Competitive Bid Absolute Rate has the meaning set forth in Section 2.03(d). “Competitive Bid Absolute Rate Loan” means a loan made or to be made by a Bank pursuant to an Absolute Rate Auction. “Competitive Bid Lending Office” means, as to each Bank, its Domestic Lending Office or such other office, branch or affiliate of such Bank as it may hereafter designate as its Competitive Bid Lending Office by notice to the Company and the Administrative Agent; provided that any Bank may from time to time by notice to the Company and the Administrative Agent designate separate Competitive Bid Lending Offices for its Competitive Bid LIBOR Loans, on the one hand, and its Competitive Bid Absolute Rate Loans, on the other hand, in which case all references herein to the Competitive Bid Lending Office of such 2