Quoted Rate Request definition

Quoted Rate Request. A request by Borrowers’ Agent to CoBank for a Quoted Rate Offer.
Sample 1Sample 2
Quoted Rate Request shall have the meaning set forth in Subsection 3.1.3.
Sample 1
Quoted Rate Request shall have the meaning set forth in Subsection 5.1.3.
Sample 1

Examples of Quoted Rate Request in a sentence

  • The Quoted Rate Request must specify the principal amount that is to bear interest at the Quoted Rate and the Quoted Rate Period selected by Borrower.

  • From time to time, and so long as no Event of Default has occurred and is continuing, at the request of Borrower ("Quoted Rate Request"), all or any part of the outstanding principal balance under the Notes may bear interest at the Quoted Rate ("Quoted Rate Loans").

  • The Quoted Rate Request must made to Agent in writing on any Business Day and is effective as of the Business Day after the Quoted Rate Request is received if received by Agent no later than 12 noon Central Time or as of the second Business Day if received later than 12 noon Central Time.

  • The Quoted Rate Request must be made to Agent in writing on any Business Day and is effective as of the Business Day after the Quoted Rate Request is received if received by Agent no later than 12 noon Central Time or as of the second Business Day if received later than 12 noon Central Time.

  • Each Borrower Notice or Quoted Rate Request which requests a Quoted Rate Loan shall be effective as of the Banking Day after the Banking Day on which it is received if received by the Administrative Agent no later than 11:30 A.M. (Central time) or as of the second Banking Day if received later than 11:30 A.M. (Central time).


More Definitions of Quoted Rate Request

Quoted Rate Request shall have the meaning given such term in Section 2.02(d).
Sample 1
Quoted Rate Request has the meaning specified in Section 2.02(b).
Sample 1
Quoted Rate Request. A request by Borrower to the Lender for a Quoted Rate Offer.
Sample 1
Quoted Rate Request shall have the meaning set forth in Subsection 4.10.2.
Sample 1

Related to Quoted Rate Request

  • Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Group Agents pursuant to Section 2.02(a).

  • LIBOR Auction means a solicitation of Money Market Quotes setting forth Money Market Margins based on the London Interbank Offered Rate pursuant to Section 2.03.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Competitive Bid Quote Request means a Competitive Bid Quote Request substantially in the form of Exhibit "C" hereto completed and delivered by the Borrower to the Agent in accordance with Section 2.3.2.

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • LIBO Rate Advance means a Pro Rata Advance that bears interest as provided in Section 2.04(a)(ii).

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

  • Money Market Absolute Rate Loan means a loan to be made by a Bank pursuant to an Absolute Rate Auction.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

  • Money Market LIBOR Loan means a loan denominated in US Dollars to be made by a Lender pursuant to a LIBOR Auction (including such a loan bearing interest at the Base Rate pursuant to Section 3.2).

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Eurodollar Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the applicable Eurodollar Rate.

  • Absolute Rate Loan means a Bid Rate Loan, the interest rate on which is determined on the basis of an Absolute Rate pursuant to an Absolute Rate Auction.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Borrowing Notice is defined in Section 2.8.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit C.

  • Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.