Rate Determination Notice definition

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

Rate Determination Notice has the meaning assigned to such term in Section 2.9.

Rate Determination Notice as defined in Section 2.22.

Examples of Rate Determination Notice in a sentence

• If such notice is given, then the outstanding principal amount of the LIBOR Advances shall be converted to Base Rate Advances effective from the date of the Rate Determination Notice; provided that the Applicable Liquidity Rate in respect of such Base Rate Advances shall be increased by one percent (1.00%).

• The Liquidity Provider shall withdraw a Rate Determination Notice given hereunder when the Liquidity Provider determines that the circumstances giving rise to such Rate Determination Notice no longer apply to the Liquidity Provider, and the Base Rate Advances shall be converted to LIBOR Advances effective as of the first day of the next succeeding Interest Period after the date of such withdrawal.

• Following the receipt of a Rate Determination Notice by the Borrower, the LIBOR Rate shall be the Market Disruption Base Rate until the Interest Period that immediately follows the withdrawal of such Rate Determination Notice.

• The Liquidity Provider shall withdraw a Rate Determination Notice given hereunder when the Liquidity Provider determines that the circumstances giving rise to such Rate Determination Notice no longer apply to the Liquidity Provider.

• If a Rate Determination Notice has been given, then until such Rate Determination Notice has been withdrawn by the Administrative Agent, no Eurocurrency Loans of the applicable Lenders denominated in such Agreed Foreign Currency shall have an Interest Period having a duration equal to an Affected Interest Period.

More Definitions of Rate Determination Notice

Rate Determination Notice shall have the meaning provided in Section 2.11 of this Agreement.

Rate Determination Notice has the meaning provided in Section 4.02 (Inability to Determine Interest Rates).

Rate Determination Notice shall have the meaning set forth in Section 5.02 hereof.

Rate Determination Notice to the Borrower and JetBlue. If such notice is given, then the outstanding principal amount of the LIBOR Advances shall be converted to Base Rate Advances effective from the date of the Rate Determination Notice; provided that the Applicable Liquidity Rate in respect of such Base Rate Advances shall be increased by one percent (1.00%). The Liquidity Provider shall withdraw a Rate Determination Notice given hereunder when the Liquidity Provider determines that the circumstances giving rise to such Rate Determination Notice no longer apply to the Liquidity Provider, and the Base Rate Advances shall be converted to LIBOR Advances effective as of the first day of the next succeeding Interest Period after the date of such withdrawal.

Rate Determination Notice has the meaning defined in Section 2.08(b) of the Credit Agreement.

Rate Determination Notice means, if at any time the Liquidity Provider shall have determined (which determination shall be conclusive and binding on the Subordination Agent, absent manifest error) that, by reason of circumstances affecting the relevant interbank lending market generally, the Liquidity Provider LIBOR determined or to be determined for the applicable interest period will not adequately and fairly reflect the cost to the Liquidity Provider (as conclusively certified by the Liquidity Provider, absent manifest error) of making or maintaining its advances, the Liquidity Provider shall give facsimile or telephonic notice thereof to the Subordination Agent.

Rate Determination Notice shall have the meaning set forth in Section 5.2. Related Parties: means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s Affiliates. Replacement Lender: shall have the meaning set forth in Section 15.31. Reportable Event: means any of the events set forth in Section 4043(b) of ERISA or in the regulations thereunder. Requested Advance: shall mean the amount of the Advance requested by Borrower in any Borrowing Notice. Required Lenders: shall mean Syndication Parties whose aggregate Individual Commitments constitute more than fifty percent (50.0%) of the Commitment. The determination of Required Lenders shall be adjusted pursuant to Section 15.4 in the case of a Delinquent Syndication Party and pursuant to Section 15.31 in the case of a Defaulting Syndication Party. Required License: shall have the meaning set forth in Section 9.9.