Interest Options means the Base Rate and each Eurodollar Rate, and "Interest Option" means any of them.
Interest Options means the Base Rate and each Eurodollar Rate, and "INTEREST OPTION" means any of them.
Interest Options means the Base Rate, each Eurodollar Rate, as to the Canadian Dollar Notes only, the Canadian Prime Rate, and as to the Norwegian Krone Notes only, NIBOR and "Interest Option" means any of them.
Examples of Interest Options in a sentence
Borrower shall have the right to designate or convert its Interest Options in accordance with the provisions hereof.
Purchase Payments are allocated to the Guaranteed Interest Options and/or the Sub-Accounts as you direct, subject to the provisions in the Contract Value Allocation Options section.
Each change in Interest Options shall be a conversion of the rate of interest applicable to the specified portion of the Loans, but such conversion shall not change the respective outstanding principal balances of the Notes.
The records of the Lenders with respect to Interest Options, Interest Periods and the amounts of Loans to which they are applicable shall be prima facie evidence thereof.
For purposes of this rider, references to Guaranteed Interest Options also include any options defined in your contract as Guaranteed Interest Accounts.
More Definitions of Interest Options
Interest Options means the Canadian Alternate Base Rate, the U.S. Alternate Base Rate, each Eurodollar Rate and, as to the Canadian Dollar Notes only, the Canadian Prime Rate, and "Interest Option" means any of them.
Interest Options means the Base Rate and the Eurodollar Rate, and "Interest Option" means either of them. Interest Payment Dates shall mean (a) the first (1st) day of each calendar month and the Maturity Date, for Base Rate Borrowings, (b) the last day of each Interest Period and, if the Interest Period is longer than three (3) months, at the end of each three (3 ) months, and the Maturity Date, for Eurodollar Rate Borrowings, and (c) the last day of the Interest Period for each Competitive Bid Loan. To the extent that any retroactive increase in the Applicable Margin shall occur, the Interest Payment Date for the additional amounts due shall be the next Interest Payment Date following notice from the Agent to the Borrower with a calculation of such additional amount. To the extent that any retroactive decrease in the Applicable Margin shall occur, the Borrower shall receive a credit for the amount of the reduced interest on the next Interest Payment Date following notice from the Agent to the Borrower with a calculation of such credit. Interest Period shall mean (a) for each Eurodollar Rate Borrowing, a period commencing on the date such Eurodollar Rate Borrowing was made and ending on, subject to availability, one (1), two (2), three (3) or six (6) months thereafter and (b) for each Competitive Bid Loan, a period commencing on the date such Competitive Bid Loan was made and ending no less than seven (7) days and no more than ninety (90) days thereafter; provided, (v) any Interest Period which would otherwise end on a day which is not a Eurodollar Business Day shall be extended to the next succeeding Eurodollar Business Day, unless such Eurodollar Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Eurodollar Business Day; (w) any Interest Period which begins on the last Eurodollar Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Eurodollar Business Day of the appropriate calendar month; (x) no Interest Period shall ever extend beyond the Maturity Date; (y) Interest Periods shall be selected by Borrower in such a manner that the Interest Period with respect to any portion of the Loans which shall become due shall not extend beyond such due date; and (z) Interest Periods of less than one (1) month may be permitted hereunder from time to time for Eurodollar Rate Borrowings, at the reques...
Interest Options means the Base Rate, each Eurodollar Rate and, as to the Canadian Dollar Revolving Notes only, the Canadian Prime Rate, and "Interest Option" means any of them. Interest Payment Dates means (a) for Base Rate Borrowings and for Canadian Prime Loans, March 31, 2001 and the last day of each March, June, September and December thereafter prior to the Revolving Loan Maturity Date or the Term Loan Maturity Date, as the case may be, and the Revolving Loan Maturity Date or the Term Loan Maturity Date, as the case may be; and (b) for LIBOR Borrowings, the end of the applicable Interest Period (and if such Interest Period exceeds three months' duration, quarterly, commencing on the first quarterly anniversary of the first day of such Interest Period) and the Revolving Loan Maturity Date or the Term Loan Maturity Date, as the case may be.
Interest Options means the LIBOR Rate Option and the Prime Rate Option.
Interest Options means the Base Rate and each Eurodollar Rate, and "INTEREST OPTION" means any of them. INTEREST PAYMENT DATES means (a) FOR BASE RATE BORROWINGS, April 30, 1999 and the last Business Day of each January, April, July and October thereafter prior to the Revolving Loan Maturity Date or the Short Term Revolving Loan Maturity Date, as the case may be, and the Revolving Loan Maturity Date or the Short Term Revolving Loan Maturity Date, as the case may be; and (b) FOR LIBOR BORROWINGS, the end of the applicable Interest Period (and if such Interest Period exceeds three months' duration, quarterly, commencing on the first quarterly anniversary of the first day of such Interest Period), and the Revolving Loan Maturity Date or the Short Term Revolving Loan Maturity Date, as the case may be.
Interest Options means the Base Rate, each Eurodollar Rate and, as to the Canadian Dollar Notes only, the Canadian Prime Rate, and "INTEREST Option" means any of them. INTEREST PAYMENT DATES means (a) FOR BASE RATE BORROWINGS BY U.S. BORROWER, June 30, 1999 and the last day of each March, June, September and December thereafter prior to the Maturity Date, and the Maturity Date; (b) FOR BASE RATE BORROWINGS BY CANADIAN BORROWER AND FOR CANADIAN PRIME LOANS, June 30, 1999 and the last of each calendar month thereafter prior to the Maturity Date, and the Maturity Date, and (c) FOR LIBOR BORROWINGS, the end of the applicable Interest Period (and if such Interest Period exceeds three months' duration, quarterly, commencing on the first quarterly anniversary of the first day of such Interest Period) and the Maturity Date.
Interest Options means the Base Rate and the Eurodollar Rate, and "INTEREST OPTION" means either of them.