Net Loan Rate Termination Date definition

Net Loan Rate Termination Date means, for a series of Series [ ] Notes for which the Net Loan Rate Trigger Date has occurred, the first day of an Auction Period which immediately follows three consecutive Auction Dates for such series of the Series [ ] Notes where the Auction Rate established on each such Auction Date for such series was equal to or less than a per annum rate equal to the sum of (a) the Ninety-One Day United States Treasury Bxxx Rate in effect as of each such Auction Date plus (b) [ ]%.
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Net Loan Rate Termination Date means, if a Net Loan Rate Trigger Date has occurred, the 25th day of a month which immediately follows two consecutive months for which both (a) the daily weighted average of the Auction Rates for all Indenture ARC Notes in effect during the month was equal to or less than the sum of (i) the bond equivalent yield on the 91-day United States Treasury bills sold at the last auction prior to the 25th day of the month plus (ii) 1.0%, and (b) Three-Month LIBOR as of the CP Determination Date was less than the sum of (i) the CP Rate for such month, plus (ii) 0.25%.
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Net Loan Rate Termination Date means, for a class of Series 2007-1 Auction Rate Notes for which the Net Loan Rate Trigger Date has occurred, the first day of an Auction Period which immediately follows three consecutive Auction Dates for such class of the Series 2007-1 Auction Rate Notes where both: (i) the Auction Rate established on each such Auction Date for such class was less than a per annum rate equal to the sum of the Ninety-One Day United States Treasury Xxxx Rate as of each such Auction Date, plus 0.95%; and (ii) the most recently available Three-Month LIBOR rate, as of the CP Determination Date in the month for which such calculation is being made, was less than the sum of the CP Rate for the applicable month plus 0.25%.
Sample 1

More Definitions of Net Loan Rate Termination Date

Net Loan Rate Termination Date means, for a series of Series 2001 Notes for which the Net Loan Rate Trigger Date has occurred, the first day of an Auction Period which immediately follows three consecutive Auction Dates for such series of the Series 2001 Notes where the Auction Rate established on each such Auction Date for such series was equal to or less than a per annum rate equal to the sum of (i) the Ninety-One Day United States Treasury Bill Rate in effect as of each such Auction Date plus (ii) 1.0%.
Sample 1
Net Loan Rate Termination Date means, for a class of Auction Rate Notes for which the Net Loan Rate Trigger Date has occurred, the 25th day of a month which immediately follows two consecutive months for which both (a) the daily weighted average of the Auction Rates for the Auction Rate Notes was equal to or less than a per annum rate equal to the sum of (i) the bond equivalent yield of 91-day United States Treasury Bills sold at the last auction prior to the 25th day of the month for which such calculation is being made plus (ii) 1.0%; and (b) the most recently available Three-Month LIBOR as of the Reset Date for the CP Rate in the month for which such calculation is being made is less than the sum of (i) the CP Rate for the month for which such calculation is being made plus (ii) 0.25%.
Sample 1
Net Loan Rate Termination Date means, for a series of Series 2002 Notes for which the Net Loan Rate Trigger Date has occurred, the 25th day of a month which immediately follows two consecutive months for which both (a) the daily weighted average of the Auction Rates for each series of Notes bearing interest based upon an auction mode in effect during the month for which such calculation is being made was equal to or less than a per annum rate equal to the sum of (i) the bond equivalent yield of 91-day United States Treasury Bills sold at the last auction prior to the 25th day of the month for which such calculation is being made plus (ii) 1.0% and (b) the most recently available Three-Month LIBOR as of the Reset Date for the CP Rate in the month for which such calculation is being made is less than the sum of (i) the CP Rate for the month for which such calculation is being made plus (ii) 0.25%.
Sample 1
Net Loan Rate Termination Date means, for a series of Series 200_-_ Notes, the first day of an Auction Period which immediately follows three consecutive Auction Dates for such series of the Series 200_-_ Notes where the Auction Rate established on each such Auction Date for such series was equal to or less than a per annum rate equal to the sum of (a) the Ninety-One Day United States Treasury Xxxx Rate in effect as of each such Auction Date plus (b) ___%.
Sample 1
Net Loan Rate Termination Date means, if a net loan trigger date has occurred, the first day of an auction period which immediately follows three consecutive auction dates, for which the auction rate established on the auction dates was equal to, or less than, a per annum rate equal to the sum of the ninety-day United States treasury bill rate as of each such auction date, plus 1%.
Sample 1
Net Loan Rate Termination Date means, for the Auction Rate Notes for which the Net Loan Rate Trigger Date has occurred, the first day of an Auction Period which immediately follows three consecutive Auction Dates for such Auction Rate Notes where (a) if the Net Loan Trigger Date occurred due to the applicable Auction Rate exceeding the sum of (i) the Ninety- One Day United States Treasury Xxxx Rate in effect as of such Auction Date plus (ii) 1.0%, the Auction Rate established on each such Auction Date for such series was equal to or less than a per annum rate equal to the sum of (x) the Ninety-One Day United States Treasury Xxxx Rate in effect as of each such Auction Date plus (y) 1.0% or (b) if the Net Loan Rate Trigger Date occurred due to One-Month LIBOR exceeding the Ninety-Day Commercial Paper Rate by more than 0.30%, One-Month LIBOR did not exceed the Ninety-Day Commercial Paper Rate by more than 0.30%.
Sample 1

Related to Net Loan Rate Termination Date

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Loan Termination Date means each day on which a deposit is made into the Collateral Account in respect of Terminated Loans.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Revolver Termination Date means the earlier of (a) October 21, 2004 or, if extended pursuant to Section 2.16, the date that is 364 days after the Revolver Termination Date then in effect, and (b) the date of termination in whole of the Commitments pursuant to Section 2.04 or 6.01; provided, however, that the Revolver Termination Date of any Lender that is a Declining Lender to any requested extension pursuant to Section 2.16 shall be the Revolver Termination Date in effect immediately prior to the date on which such extension was granted for all purposes of this Agreement.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Swingline Termination Date means the date which is 7 Business Days prior to the Termination Date.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Availability Termination Date means the first to occur of: (a) December 30, 2016 and (b) the date on which the Commitments are terminated or reduced to zero in accordance herewith.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Accrual Termination Date Not applicable.

  • Revolving Termination Date means the earlier to occur of:

  • Initial Termination Date shall have the meaning set forth in Section 7.1(b).

  • Scheduled Commitment Termination Date means July 2, 2024.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Lease Termination Date means the last day of the Lease Term.

  • Accretion Termination Date As defined in the Series Supplement.

  • Funding Termination Date means the Business Day immediately preceding the Remittance Date occurring in the calendar month that is the third calendar month following the calendar month of the Closing Date, or August 31, 1999.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Existing Commitment Termination Date as defined in Section 2.12(a).