Fixed CD Rate Loan definition

Fixed CD Rate Loan means a Loan which bears interest at a Fixed CD Rate.
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Fixed CD Rate Loan means a Loan that bears interest at a Fixed CD Rate.
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Fixed CD Rate Loan or "Fixed CD Rate Loans" shall mean any Revolving Loan or Revolving Loans during any period during which such Revolving Loan or Revolving Loans are bearing interest at the rates provided for in Section 2.7(c).
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Examples of Fixed CD Rate Loan in a sentence

  • Such Loans may, at the option of the Company be Syndicate Loans or Commitment Loans or both, provided that, except as provided in (S)1.9, all the Syndicate Loans made by all the Banks at any one Borrowing hereunder must be either all Base Rate Loans, all Fixed CD Rate Loans or all Eurodollar Loans and any Commitment Loan made by a Bank at any one Borrowing hereunder must be a Base Rate Loan, Fixed CD Rate Loan or Eurodollar Loan.

  • If the Company has failed to timely deliver a Notice of Conversion/Continuation or give such telephonic notice with respect to a Fixed CD Rate Loan or Eurodollar Loan the Company shall be deemed to have delivered to the Agent a Notice of Conversion/Continuation to convert such Fixed CD Rate Loan or Eurodollar Loan, into a Base Rate Loan.


More Definitions of Fixed CD Rate Loan

Fixed CD Rate Loan means a CD Rate Loan for which the Borrower elects an Interest Period of 30, 60, 90 or 180 days pursuant to SECTION 2.03 hereof.
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Related to Fixed CD Rate Loan

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

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

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

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

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

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

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

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

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Eurocurrency Rate Loan means a Loan that bears interest at a rate based on the Eurocurrency Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

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

  • Eurodollar Rate Loan means a Loan that bears interest at a rate based on the Eurodollar Rate.

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

  • Prime Rate Loan means the Loan at such time as interest thereon accrues at a rate of interest based upon the 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.

  • LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

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

  • Eurodollar Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted Eurodollar Rate as provided in subsection 2.2A.

  • Alternate Base Rate Loan means a Loan which bears interest at the Alternate Base Rate or the Default Rate.

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • Eurocurrency Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurocurrency Rate.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.