Notice of Interest Rate Election definition

Notice of Interest Rate Election has the meaning set forth in Section 2.10.
Notice of Interest Rate Election has the meaning set forth in Section 2.16.
Notice of Interest Rate Election has the meaning assigned to that term in Section 2.03.

Examples of Notice of Interest Rate Election in a sentence

  • Each Interest Period specified in a Notice of Interest Rate Election shall comply with the provisions of the definition of Interest Period.

  • A Notice of Interest Rate Election may, if it so specifies, apply to only a portion of the aggregate principal amount of the relevant Group of Loans; provided that (i) such portion is allocated ratably among the Loans comprising such Group of Loans and (ii) the portion to which such notice applies, and the remaining portion to which it does not apply, are each $5,000,000 or any larger multiple of $1,000,000.


More Definitions of Notice of Interest Rate Election

Notice of Interest Rate Election means a notice of (a) a conversion of Loans from one type to the other or (b) a continuation of Term SOFR Loans, pursuant to Section 2.07, which shall be substantially in the form of Exhibit C or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.
Notice of Interest Rate Election has the meaning specified in Section 2.08(a).
Notice of Interest Rate Election has the meaning set forth in Section 2.6(b).
Notice of Interest Rate Election has the meaning set forth in -------------------------------- Section 2.7.
Notice of Interest Rate Election means a notice by the Company electing a type of interest rate and/or the duration of an Interest Period as provided in Section 2.09(a) or 2.10.
Notice of Interest Rate Election means a notice in substantially the form attached hereto as Exhibit C, executed by an Authorized Officer of the Borrowers.
Notice of Interest Rate Election. Whenever Borrower desires to elect, change or continue the LIBOR Interest Rate on all or a portion of any Advance(s), Borrower shall deliver to Lender a written Notice of Interest Rate Election in form provided by Lender and substance as that attached hereto as Exhibit D (the "Notice of Interest Rate Election") with respect to a Loan or Advance received no later than 11:00 A.M. at least three (3) Business Days in advance of the proposed date of election, change or continuation, which election, change or continuation must be confirmed by telephone. The Notice of Interest Rate Election shall be irrevocable and shall specify: (i) the proposed date of change or continuation (which shall be a Business Day); (ii) the amount with respect to which such election is being made; and (iii)