RATE CONTINUATION definition

RATE CONTINUATION means a continuation of LIBOR Loans having a particular Interest Period as LIBOR Loans having an Interest Period of the same duration pursuant to Section 3.1(h).
RATE CONTINUATION means, in respect of LIBOR Rate Loans having a particular Interest Period, a continuation of such LIBOR Rate Loans pursuant to Section 0 of this Agreement as LIBOR Rate Loans with an Interest Period of the same duration.
RATE CONTINUATION means a continuation of Term SOFR Rate Loans having a particular Interest Period as Term SOFR Rate Loans having an Interest Period of the same duration pursuant to Section 3.1(h).

Examples of RATE CONTINUATION in a sentence

  • Journeyperson hourly wage rate plus the following: General Foreperson $9.00 Foreperson $6.00 Assistant Foreperson $2.00 Subsistence: Effective Date: Effective the second Sunday following ratification, and approval of the total wage package distribution (but not before current agreement expiry) $135.00 July 6, 2025 $140.00 July 5, 2026 $150.00 Transporation Rate (Continuation): Per the Automobile allowance rate published by the Canada Revenue Agency, effective the first Sunday in July.


More Definitions of RATE CONTINUATION

RATE CONTINUATION means, in respect of LIBOR Advances having a particular Interest Period, a continuation of such LIBOR Advances pursuant to Section 2.10 of this Agreement as LIBOR Advances with an Interest Period of the same duration.
RATE CONTINUATION means a continuation pursuant to Section 2.12 of this Agreement of LIBOR Rate Loans having a particular Interest Period as LIBOR Rate Loans having an Interest Period of the same duration.
RATE CONTINUATION means a continuation of a LIBOR Portion having a particular Interest Period as a LIBOR Portion having an Interest Period of the same duration pursuant to the provisions of Section 2(a) hereof.
RATE CONTINUATION means, at the conclusion of any given Interest Period, the election of a successive Interest Period of the same duration pursuant to Section 3.2.
RATE CONTINUATION means a continuation of a LIBOR Advance as a successive LIBOR Advance having a LIBOR Interest Period of the same duration.

Related to RATE CONTINUATION

  • Conversion/Continuation Date means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice.

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Notice of Conversion/Continuation has the meaning assigned thereto in Section 5.2.

  • Continuation and “Continued” each refers to the continuation of a LIBOR Loan from one Interest Period to another Interest Period pursuant to Section 2.9.

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

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