Examples of Money Market Rate Loans in a sentence
Whenever any payment of principal of, or interest on, the Domestic Loans, the Money Market Rate Loans, the commitment fee shall be due on a day which is not a Domestic Business Day, the date for payment thereof shall be extended to the next succeeding Domestic Business Day.
Given a polymonad (M, Σ) and constraint graph G = (V, A, EQ, Eeq), two solutions S1 and S2 to G are equivalent with respect to a set of variables R (denoted S1 =∼R S2) if and only if S1 and S2 agree on all ρ R and for each vertex v V such that S1(v) = S2(v) for all flow edgesη incident on v, FG1 (η) = FG2 (η), where Gi = (V, Si, EQ, Eeq).| ▶Theorem 10 (Coherence).
While 44 per cent of workers born in 1981-1985 worked in one of these three low-paying sectors at the age of 21, for those born in 1991-95 that had risen to 52 per cent”.11 These sectors were among the most likely to be negatively affected by COVID-19, with consequent and disproportionate impact on young people.
Whenever the Borrowers propose to request that Swing Line Loans be made as Money Market Rate Loans, prior to submitting such request, the Borrowers shall notify the Revolving Loan Administrative Agent of its intention and request the Revolving Loan Administrative Agent to quote a fixed or floating interest rate (the “Q uoted Rate”) to be applicable thereto prior to the proposed maturity thereof (which shall not exceed thirty days).
Interest on Loans bearing interest based on clause (ii) of the definition of Base Rate, the CD Loans, the Eurodollar Loans, the Money Market Rate Loans and the calculation of the commitment fee shall be computed on the basis of a year of 360 days and paid for actual days elapsed.
Whenever a Borrower proposes to submit a Notice of Borrowing with respect to Swing Line Revolving Loans which will be Money Market Rate Loans, it will prior to submitting such Notice of Borrowing notify the Administrative Agent of its intention and request the Administrative Agent to quote a fixed interest rate (the "QUOTED RATE") to be applicable thereto.
Prepayments made by Borrower on account of Money Market Rate Loans which any Bank has made shall be made by Borrower directly to such Bank provided, however, Borrower shall, simultaneously with making any such prepayment, deliver a notice of such prepayment to each of the Banks.
All Swing Line Loans shall be made as (i) Base Rate Loans and shall not be entitled to be converted into LIBO Rate Loans or (ii) pursuant to clause (b) below, Money Market Rate Loans.
The Money Market Rate Loans shall be evidenced by the Money Market Rate Note, a form of which is attached hereto as Exhibit B.
The Borrower shall make each payment of principal of, and interest on, the Loans and of commitment fees hereunder not later than 11:00 a.m. (New York City time) on the date when due in funds immediately available at the office of the Bank in Atlanta, Georgia for the account of (i) the Domestic Lending Office in the case of Domestic Loans and Money Market Rate Loans or (ii) the Eurodollar Lending Office in the case of Eurodollar Loans.