Non-Ratable Loan definition

Non-Ratable Loan and “Non-Ratable Loans” have the meanings specified in Section 1.2(h).
Non-Ratable Loan and "NON-RATABLE LOANS" have the meanings specified in SECTION 1.2(H).

Examples of Non-Ratable Loan in a sentence

  • If the Bank declines in its sole discretion to make a Non-Ratable Loan pursuant to Section 1.2(h), the terms of Section 1.2(g) shall apply to the requested Borrowing.

  • Each Revolving Loan made solely by the Bank pursuant to this Section is herein referred to as a "Non-Ratable Loan", and such Revolving Loans are collectively referred to as the "Non-Ratable Loans." Each Non-Ratable Loan shall be subject to all the terms and conditions applicable to other Revolving Loans except that all payments thereon shall be payable to the Bank solely for its own account.

  • All payments of principal, interest and any other amount with respect to such Non-Ratable Loan shall be payable to and received by the Agent for the account of NationsBank.

  • Each Non-Ratable Loan shall be subject to all the terms and conditions applicable to other Revolving Loans except that all payments thereon shall be payable to the Bank solely for its own account (and for the account of the holder of any participation interest with respect to such Revolving Loan).

  • Each Revolving Loan made solely by the Bank pursuant to this Section is herein referred to as a “Non-Ratable Loan”, and such Revolving Loans are collectively referred to as the “Non-Ratable Loans.” Each Non-Ratable Loan shall be subject to all the terms and conditions applicable to other Revolving Loans except that all payments thereon shall be payable to the Bank solely for its own account.


More Definitions of Non-Ratable Loan

Non-Ratable Loan has the meaning set forth in Section 2.1.3.
Non-Ratable Loan means a Revolving Credit Loan made by NationsBank in accordance with the provisions of SECTION 4.8(B).
Non-Ratable Loan means an advance under the Revolving Loan made by the Agent in accordance with the provisions of Section 2.8.3(c).
Non-Ratable Loan means a Revolving Credit Loan made by NationsBank in accordance with the provisions of Section 5.8(c).
Non-Ratable Loan means a Base Rate Revolving Credit Loan made by BankBoston in accordance with the provisions of SECTION 5.8(C).
Non-Ratable Loan means a Prime Rate Revolving Credit Loan made by NationsBank in accordance with the provisions of SECTION 3.8(B).