Rate Request definition
Rate Request has the meaning provided in Section 2.02(a).
Rate Request means a request for the conversion or continuation of a Base Rate Loan or LIBO Rate Loan as set forth in Section 1.6(2).
Rate Request means a request for the conversion or continuation of a Base Rate Loan or LIBO Rate Loan as set forth in Section 1.6(2) of the Credit Agreement.
Examples of Rate Request in a sentence
Each such Rate Request shall be irrevocable, shall be signed by a Responsible Officer and shall be in the form of Exhibit C hereto.
Bump Rate Certificates Only: During the term of your certificate, any account owner can initiate a rate adjustment by completing and signing the Bump Rate Request form.
If any such Rate Request requests a LIBO Rate Borrowing but does not specify an Interest Period, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.
Upon such request, the Reference Bank shall furnish such interest rate to the Company no later than noon (New York City time) on the second Business Day before the proposed Eurocurrency Rate Advance by delivering to the Company a copy of the related Rate Request setting forth such rate and executed by an authorized officer of the Reference Bank in the space provided therefor (a “Rate Notification”).
Promptly following receipt of a Rate Request, the Administrative Agent shall advise each Lender of the details thereof and of such Lender’s portion of each resulting Borrowing.
More Definitions of Rate Request
Rate Request means Borrower's irrevocable telephonic notice (to be promptly confirmed in writing), to be received by Agent by 11:00 a.m. New York time three (3) Business Days prior to the date specified in the Rate Request for the commencement of the Interest Period (which specified date must be a Business Day), of: (a) its intention to have (i) all or any portion of the principal amount under the Note which is not then the subject of an Interest Period (other than an Interest Period which is terminating on the Business Day specified in the notice), and/or (ii) all or any portion of any advance of proceeds of the Loan evidenced by the Note, which is to be made on the Business Day specified in the notice, bear interest as either a Base Rate Loan or a LIBOR Loan; and (b) the Interest Period desired by Borrower in respect of the amount specified whenever such notice is for LIBOR Loans.
Rate Request means, the Borrowers' irrevocable telephonic notice (to be promptly confirmed in writing), to be received by Agent by 11:00 A.M. New York time three (3) Business Days prior to the date specified in the Rate Request for the commencement of the Interest Period (which specified date must be a Business Day), of: (a) its intention to have (i) all or any portion of the principal amount under the Notes which is not then the subject of an Interest Period (other than an Interest Period which is terminating on the Business Day specified in the notice), and/or (ii) all or any portion of any advance of proceeds of the Loan evidenced by the Notes, which is to be made on the Business Day specified in the notice, bear interest as a Base Rate Loan Tranche, a LIBOR Loan Tranche or, if a Mortgage Conversion shall have occurred, a Conversion Rate Loan Tranche; and (b) the Interest Period desired by Borrower in respect of the amount specified whenever such notice is for LIBOR Loan Tranches or, if a Mortgage Conversion shall have occurred, Conversion Rate Loan Tranches, which Interest Period shall have a minimum duration of one month.
Rate Request means a request to select, convert to or renew a Base Rate Option or Euro-Rate Option with respect to the Term Loans in accordance with Section 2.5 [Request to Select Interest Rate Options]. Register shall have the meaning set forth in Section 10.19 [Register] hereof.
Rate Request. Borrower’s irrevocable written notice (or telephonic notice promptly confirmed in writing), to be received by Administrative Agent by 9:30 a.m. (New York time) three (3) Business Days prior to the date specified in the Rate Request for the commencement of the Interest Period (which specified date must be a Business Day), of (a) its intention to have (i) all or any portion of the Principal Amount which is not then the subject of an Interest Period (other than an Interest Period which is terminating on the Business Day specified in the notice), and/or (ii) all or any portion of any advance of proceeds of the Loan which is to be made on the Business Day specified in the notice, bear interest as either a Base Rate Loan or a LIBOR Loan and (b) the Interest Period desired by Borrower in respect of the amount specified whenever such notice is for LIBOR Loans.
Rate Request means VSE's written notice, as agent for the Borrowers to be received by the Lender by 11:00 a.m. Eastern time on the third Euro-Dollar Business Day preceding the date specified in the Rate Request for the commencement of the Interest Period, of (a) its intention to have (i) all or any portion of the Principal Amount which is not then the subject of an Interest Period (other than an Interest Period which is terminating on such Euro-Dollar Business Day), and/or (ii) all or any portion of any Loan which is to be made on such date bear interest at a specified LIBOR-based Rate and (b) the Interest Period desired by the Borrowers in respect to the amount specified.
Rate Request means, Borrower’s irrevocable telecopier notice, to be received by Agent by 11 a.m. New York time three (3) Business Days prior to the date specified in the Rate Request for the commencement of the Interest Period (which specified date must be a Business Day), of: (a) its intention to have all or any portion of the Principal Balance under the Note bear interest as a Libor Loan; and (b) the Interest Period desired by borrower in respect of the amount specified expressly stating the starting and ending date of such Interest Period.
Rate Request means a request for the conversion or continuation of a Base Rate Loan or Term SOFR Loan as set forth in Section 1.6(2).