Rate and Payment Terms Notice definition

Rate and Payment Terms Notice means the notice sent by the Bank setting out the interest rate and payment terms for a particular drawdown.
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Rate and Payment Terms Notice means the written notice sent by the Bank to the Borrower setting out the interest rate and payment terms for a particular drawdown.
Sample 1Sample 2Sample 3

Examples of Rate and Payment Terms Notice in a sentence

  • Interest on Fixed Rate Term Loans is compounded monthly and payable monthly in arrears unless otherwise provided in the Rate and Payment Terms Notice.

  • The Bank will, after each drawdown, other than drawdowns by way of BA, LIBOR Loan or under the operating loan, send a Rate and Payment Terms Notice to the Borrower.

  • The Bank will, after each drawdown, other than drawdowns by way of BA, CDOR, or LIBOR Loan or under the operating loan, send a Rate and Payment Terms Notice to the Borrower.

  • Interest on Prime Based Loans and USBR Loans is calculated daily and payable monthly in arrears based on the number of days the subject loan is outstanding unless otherwise provided in the Rate and Payment Terms Notice.

  • Interest on Prime Based Loans and USBR Loans is calculated daily (including February 29 in a leap year) and payable monthly in arrears based on the number of days the subject loan is outstanding unless otherwise provided in the Rate and Payment Terms Notice.

  • Floating Rate Term Loans available by way of: • Prime Based Loans: Prime Rate + 1.000% per annum • USBR Loans: USBR + 1.000% per annum • LIBOR Loans: LIBOR + 2.750% per annum • B/As: Stamping Fee at 2.750%.per annum For all Facilities, interest payments will be made in accordance with Schedule “A” unless otherwise stated in this Letter or in the Rate and Payment Terms Notice applicable for a particular drawdown.

  • Fixed Rate Term Loans: as determined by the Bank, in its sole discretion, for the Rate Term selected by the Borrower, and as set out in the Rate and Payment Terms Notice applicable to that Fixed Rate Term Loan.

  • The details of repayment and interest rate applicable to such drawdown will be set out in the" Rate and Payment Terms Notice" applicable to that drawdown.

  • For all Facilities, interest payments will be made in accordance with Schedule "A" attached hereto unless otherwise stated in this Letter or in the Rate and Payment Terms Notice applicable for a particular drawdown.

Related to Rate and Payment Terms Notice

  • a term's notice means written notice given not later than the first day of the term preceding the term to which the notice relates;

  • Rate Determination Notice has the meaning specified in Section 3.07(g).

  • Offeror’s Notice means the notice described in Section 12.3.

  • Interest Notice Period shall have the meaning set forth in Section 2(a).

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Reset Notice has the meaning specified in Section 307(b).

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Mandatory Tender Notice means, in connection with the Mandatory Tender of VRDP Shares, a notice delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider specifying a Mandatory Tender Event and Purchase Date.

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Second Notice means notice to the Class in a form to be approved by the Court, which shall substantially be in accordance with the notice at Schedule “E”.

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

  • Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.

  • Redemption Request has the meaning as set forth in Section 8.1.

  • OJEU Notice means the contract notice published in the Official Journal of the European Union.

  • Notice of Interest Rate Election has the meaning set forth in Section 2.10.

  • Proposal Due Date and Time means the date and time specified in the Request for Proposal as the deadline for submitting Proposals.

  • Pricing Rate Period means, with respect to any Transaction and any Remittance Date (a) in the case of the first Pricing Rate Period, the period commencing on and including the Purchase Date for such Transaction and ending on and excluding the following Remittance Date, and (b) in the case of any subsequent Pricing Rate Period, the period commencing on and including the immediately preceding Remittance Date and ending on and excluding such Remittance Date; provided, however, that in no event shall any Pricing Rate Period for a Purchased Asset end subsequent to the Repurchase Date for such Purchased Asset.

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Valuation Notice means the notice given by the Partnership pursuant to Section 8.5(b) or Section 8.6(a) and stating the Initial Value at which a Purchase Right is to be exercised or at which a Repurchase Obligation is to be effected.

  • Currency Valuation Notice means a notice given by the Required Multicurrency Lenders to the Administrative Agent stating that such notice is a “Currency Valuation Notice” and requesting that the Administrative Agent determine the aggregate Revolving Multicurrency Credit Exposure. The Administrative Agent shall not be required to make more than one valuation determination pursuant to Currency Valuation Notices within any rolling three month period.

  • Mediation Notice is defined in Section 6.2(b).