Examples of Competitive Interest Period in a sentence
Each Competitive Bid Request shall specify (x) the proposed Borrowing Date for the Competitive Bid Loans then being requested (which shall be a Domestic Business Day) and the aggregate principal amount thereof and (y) the Competitive Interest Period or Interest Periods (which shall not exceed ten different Interest Periods in a single Competitive Bid Request), with respect thereto (which may not end after the Domestic Business Day immediately preceding the Commitment Termination Date).
Each Competitive Bid Loan Bid Rate applicable thereto for the applicable Competitive Interest Period.
Each Competitive Bid Request shall specify (x) the proposed Borrowing Date for the Competitive Bid Loans then being requested (which shall be a Domestic Business Day) and the aggregate principal amount thereof and (y) the Competitive Interest Period or Competitive Interest Periods (which shall not exceed ten different Interest Periods in a single Competitive Bid Request), with respect thereto (which may not end after the Domestic Business Day immediately preceding the Commitment Termination Date).
The outstanding principal balance of each Competitive Bid Loan shall be due and payable on the earlier to occur of the last day of the Competitive Interest Period applicable thereto and the Business Day immediately preceding the Revolving Credit Maturity Date.
The Lender is hereby authorized to record on the schedule annexed hereto, and any continuation sheets which the Lender may attach thereto (a) the date and amount of each Competitive Bid Loan made by the Lender, (b) the Competitive Interest Period and the Competitive Bid Rate applicable to each such Competitive Bid Loan, and (c) the date and amount of each payment or prepayment of principal of each Competitive Bid Loan.
CVS CORPORATION By: Name: Title: SCHEDULE TO COMPETITIVE BID NOTE Date Amount of Competitive Bid Loan Competitive Interest Period Competitive Bid Rate Amount of Principal Payment or Prepayment Notation Made by EXHIBIT B-3 FORM OF SWING LINE NOTE $50,000,000.
Bid Request, the Borrower gave notice of its request to borrow Competitive Bid Loans in the aggregate sum of $____________ on ______, which borrowing would consist of the following: Competitive Interest Period Amount --------------- --------- _____ days $___________ _____ days $___________ _____ days $___________ The Lenders are hereby invited to bid, pursuant to the terms and conditions of the Agreement, on such requested Competitive Bid Loans.
In response to the Competitive Bid Request, dated , 20 the undersigned Lender hereby offers to make Competitive Bid Loans in the aggregate sum of $ on , 20 which borrowing shall consist of the following Competitive Interest Periods and the amounts and Competitive Bid Rates corresponding thereto: Competitive Interest Period Amount Competitive Bid Rate days $ .
Interest shall accrue from and including the first day of a Competitive Interest Period to but excluding the last day of such Competitive Interest Period.
Each Competitive Bid Re- quest shall specify (x) the proposed Borrowing Date (which shall be a Business Day) for the Competitive Bid Loans being requested and the aggregate principal amount thereof and (y) the Competitive Interest Period or Interest Periods (which shall not exceed four different In- terest Periods in a single Competitive Bid Request), with respect thereto.