Interest Election definition

Interest Election means an election by the Borrower to change or continue the Interest Type of a Borrowing in accordance with Section 2.07.
Interest Election. Request is submitted for the purpose of:
Interest Election has the meaning provided in Section 2.04(a).

Examples of Interest Election in a sentence

  • In addition, (a) Exhibit B (Form of Borrowing Request) to the Credit Agreement is hereby amended to read in its entirety as set forth in Exhibit B hereto, (b) Exhibit D (Form of Interest Election Request) to the Credit Agreement is hereby amended to read in its entirety as set forth in Exhibit C hereto and (c) Schedule 1.01(a) (Commitment Schedule) to the Credit Agreement is hereby amended to read in its entirety as set forth in Schedule IV hereto.

  • Promptly following receipt of an Interest Election Request, the Administrative Agent shall advise each applicable Lender of the details thereof and of such Xxxxxx’s portion of each resulting Borrowing.


More Definitions of Interest Election

Interest Election shall have the meaning assigned to such term in Section 2.06.
Interest Election means an Interest Election substantially in the form of Exhibit B-2.
Interest Election shall have the meaning set forth in Section 2.4(a) hereof.
Interest Election has the meaning ascribed to it in Section 1.5(a).
Interest Election is defined in Section 2.10(b).
Interest Election has the meaning set forth in Section 9 of this Fourth Supplement.
Interest Election shall have the meaning set forth in Section 2.07(b).