Examples of Daily Floating Rate Loan in a sentence
All other computations of fees and interest, including those with respect to Term SOFR Loans, SOFR Daily Floating Rate Loan and Alternative Currency Loans determined by reference to EURIBOR, shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year).
The Borrower shall select the Type of Borrowing and, in the case of each Eurocurrency Loan (other than a LIBOR Daily Floating Rate Loan), the Interest Period applicable thereto from time to time.
In fact, studies of COs also indicate that an institutional environment that increases the divide between correctional staff and inmates is both less safe for officers and takes a toll in terms of the stresses produced by the daily tensions of working in such a polarized, “us vs.
Changes in the rate of interest on that portion of any Loan maintained as an Alternate Base Rate Loan or a LIBOR Daily Floating Rate Loan will take effect simultaneously with each change in the Alternate Base Rate or the LIBOR Daily Floating Rate, as applicable.
Each Borrowing of a BBA LIBOR Daily Floating Rate Loan shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof.
If Borrower fails to specify a Type of Loan in a Loan Notice or if Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Loan shall be made as, or converted to, a Eurodollar Daily Floating Rate Loan.
The Tribunal submitted such proposal under the assumption that both Parties would jointly agree on a third party administrator for the website and on all matters necessary to preserve the website during the course of this arbitration.This is precisely why the Tribunal stated that it would not be involved in the administration of the website nor will it be responsible for any arrangements or agreements made between the Parties and the administrator.
The Borrower may elect from time to time to convert all or any part of an Alternate Base Rate Loan into a Eurocurrency Loan or all or any part of a LIBOR Daily Floating Rate Loan into an Alternate Base Rate Loan or a Eurocurrency Loan (other than a LIBOR Daily Floating Rate Loan).
Notwithstanding anything to the contrary herein, a Swing Line Loan may not be Converted to a Term SOFR Loan or a SOFR Daily Floating Rate Loan.
This does not simply mean that opportunities for showcasing results should be provided at popular meetings, as already occurs.