Rate Lock Letter definition

Rate Lock Letter is defined in Section 2.2.
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Rate Lock Letter means the Interest Rate Lock Letter under and as defined in the Loan Agreement.
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Rate Lock Letter is defined in paragraph 2B(3).
Sample 1

Examples of Rate Lock Letter in a sentence

  • Similarly, Ms. Thomas’ claim that she was told her interest rate would be 5.75% is raised for the first time in her opposition and is contradicted by the Rate Lock Letter.

  • Neither the Company nor any of its Subsidiaries shall have entered into any transaction since the date of the applicable Rate Lock Letter that would have been prohibited by Section 10 had such Section applied since such date.

  • Neither the Parent Guarantor nor any Subsidiary shall have entered into any transaction since the date of the applicable Rate Lock Letter that would have been prohibited by Section 10 had such Section applied since such date.

  • At most, the Commitment Letter requires that Orix “shall use it best efforts to confirm those pricing terms”; i.e., those terms expressed in the Rate Lock Letter, including the interest rate, discount points, prepayment penalties and restrictions, and extension costs.

  • Upon the execution and delivery of the Rate Lock Letter by AIG, the Company and the Parent Guarantor, and subject to the terms and conditions of this Agreement, the related Supplement and the Rate Lock Letter, the Company will sell to AIG Affiliates and AIG Affiliates will purchase the Notes of a Series having the terms and other provisions set forth in the Rate Lock Letter.

  • Upon the execution and delivery of the Rate Lock Letter by AIG, the Co-Issuers and Holdings, and subject to satisfaction of the terms and conditions of this Agreement, the Rate Lock Letter and the related Supplement, the Co-Issuers will sell to AIG Affiliates and AIG Affiliates will purchase Shelf Notes of a Series having the terms and other provisions set forth in such Rate Lock Letter.

  • Upon the execution and delivery of the Rate Lock Letter by TIAA, the Company and the Parent Guarantor, and subject to the terms and conditions of this Agreement, the related Supplement and the Rate Lock Letter, the Company will sell to TIAA Affiliates and TIAA Affiliates will purchase the Notes of a Series having the terms and other provisions set forth in the Rate Lock Letter.

  • Upon the execution and delivery of the Rate Lock Letter by Voya, the Company, and subject to the terms and conditions of this Agreement, the related Supplement and the Rate Lock Letter, the Obligors will sell to Voya Affiliates and Voya Affiliates will purchase the Notes of a Series having the terms and other provisions set forth in the Rate Lock Letter.

  • To the extent the Company elects to have the 2003 Series A-1 Notes or the 2003 Series A-2 Notes be Fixed Rate Notes, the Company shall immediately thereafter execute and deliver to Hxxxxxx the Interest Rate Lock Letter.

  • In response to the District’s request, the Purchaser has agreed on the Closing Date to lock in the interest rate (the “Locked Interest Rate”) set forth in the Rate Lock Letter Agreement dated November , 2021.

Related to Rate Lock Letter

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

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Prime Rate Loan means a Loan that bears interest based on the Prime Rate.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

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

  • Alternative Currency Daily Rate Loan means a Committed 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.

  • Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Canadian Prime Rate Loan means a Tranche B Loan denominated in Canadian Dollars that bears interest based on the Canadian Prime Rate.

  • Alternative Currency Letter of Credit means a Letter of Credit denominated in an Alternative Currency.

  • Eurodollar Rate Loan means a Loan that bears interest at a rate based on the Eurodollar Rate.

  • Alternative Currency Term Rate Loan means a Committed 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.

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

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

  • Dollar Letter of Credit means a Letter of Credit denominated in Dollars.

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.

  • Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.

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

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.