Rate Designation Notice definition

Rate Designation Notice means a written notice substantially in the form of Exhibit B.
Rate Designation Notice means a written notice substantially in the form of EXHIBIT B.
Rate Designation Notice means (a) in the case of a new Loan, the Request for Extension of Credit with respect to such Loan and (b) in the case of Conversions and Continuations, a notice in the form of EXHIBIT E, executed by an authorized officer of the Company.

Examples of Rate Designation Notice in a sentence

  • If, when Agent so notifies Borrower, Borrower has given a Rate Designation Notice specifying a LIBOR Borrowing but the selected Interest Period has not yet begun, as to the applicable Lender such Rate Designation Notice shall be deemed to be of no force and effect, as if never made, and the balance of the Loans made by such Lender specified in such Rate Designation Notice shall bear interest at the Base Rate until a different available Interest Option shall be designated in accordance herewith.

  • Each Rate Designation Notice with respect to a Continuation of a Loan (or portion thereof) as the same Type of Loan shall specify the amount and Type of such Loan (or portion thereof) being continued (subject to SECTION 5.4) and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor.

  • The Agent shall promptly notify the Banks of the contents of each such notice, Request for Extension of Credit, or Rate Designation Notice.

  • If, when Agent so notifies Borrower, Borrower has given a Rate Designation Notice specifying a Eurodollar Rate Borrowing but the selected Interest Period has not yet begun, such Rate Designation Notice shall be deemed to be of no force and effect, as if never made, and the balance of the Loans specified in such Rate Designation Notice shall bear interest at the Base Rate until a different available Interest Option shall be designated in accordance herewith.

  • The following guidelines have been established to balance the need to obtain pertinent claims information with the need to protect information critical to national security.


More Definitions of Rate Designation Notice

Rate Designation Notice means (a) in the case of a new Loan, the Request for Extension of Credit with respect to such Loan and (b) in the case of Conversions and Continuations, a notice in the form of Exhibit E, executed by an authorized officer of the Company.
Rate Designation Notice means a notice of interest rate selection in substantially the form of Exhibit B, including, without limitation, as applicable, Borrower's selection of (a) the Interest Periods during which the Adjusted LIBOR Rate will apply, (b) the commencement date of each such Interest Period, (c) the aggregate amount of LIBOR Rate Loans subject to each such Interest Period and (d) the aggregate amount of any LIBOR Rate Loans to be converted to Variable Rate Loans or Variable Rate Loans to be converted to LIBOR Rate Loans.
Rate Designation Notice means a written notice substantially in the form of Exhibit B. Regulation D shall mean Regulation D of the Board of Governors of the Federal Reserve System from time to time in effect and shall include any successor or other regulation relating to reserve requirements applicable to member lenders of the Federal Reserve System.
Rate Designation Notice means a written notice substantially in the form of EXHIBIT B. REFUNDING BANKERS' ACCEPTANCE has the meaning specified in SECTION 2.3.
Rate Designation Notice means a written notice substantially in the form of Exhibit B. “Refinancing” shall have the meaning assigned to such term in Section 2.7(a) hereof.
Rate Designation Notice is defined in Section 2.D(ii).
Rate Designation Notice means a written notice substantially in the form of Exhibit B. Regulation D means Regulation D of the Board of Governors of the Federal Reserve System from time to time in effect and includes any successor or other regulation relating to reserve requirements applicable to member banks of the Federal Reserve System. Regulatory Change means, with respect to any Lender, any change on or after the Effective Date in any Legal Requirement (including, without limitation, Regulation D) or the adoption or change on or after such date of any interpretation, directive or request applying to a class of lenders including such Lender under any Legal Requirements (whether or not having the force of law) by any Governmental Authority. Regulatory Shares means, with respect to any Person, shares of the capital stock of such Person required to be issued as qualifying shares to directors or shares issued to Persons other than Borrower in response to regulatory requirements of foreign jurisdictions pursuant to a resolution of the Board of Directors of such Person. Rentals means and include as of the date of any determination thereof all fixed payments (including as such all payments which the lessee is obligated to make to the lessor on termination of the lease or surrender of the property) payable by Borrower or a Restricted Subsidiary of Borrower, as lessee or sublessee under a lease of real or personal property, but shall be exclusive of any amounts required to be paid by Borrower or a Restricted Subsidiary of Borrower (whether or not designated as rents or additional rents) on account of maintenance, repairs, insurance, taxes and similar charges. Fixed rents under any so-called "percentage leases" shall be computed solely on the basis of the minimum rents, if any, required to be paid by the lessee regardless of sales volume or gross revenues. Request for Extension of Credit means a request for extension of credit duly executed by any responsible officer, which may include the president, the chief executive officer, the chief financial officer, any vice president or the treasurer of Borrower or any other officer of Borrower with responsibility for the administration of this Agreement, appropriately completed and substantially in the form of Exhibit A attached hereto. Requirements of Environmental Law means all requirements imposed by any law (including for example and without limitation The Resource Conservation and Recovery Act and The Comprehensive Environmental Response,...