Rate Setting Date definition

Rate Setting Date shall have the meaning set forth in Section 2.01(b).

Rate Setting Date shall have the meaning set forth in Section 4.01(b).

Rate Setting Date means the date on which the Corporation shall establish the Loan Rate (s) with respect to the Mortgage Loans.

Examples of Rate Setting Date in a sentence

• If Borrower satisfies all of the conditions to Lender's obligation to make the Advance, then Borrower may submit to Lender, by facsimile transmission before 1:00 p.m. Washington, D.C. time on any Business Day ("Rate Setting Date"), a completed and executed Rate Form.

• In the event that the person attending closing on behalf of the Title Insurance Company is an agent rather than an employee of the Title Insurance Company, such agent shall deliver to WMF at least five (5) Business Days prior to the Rate Setting Date an insured closing services letter in form and content satisfactory to WMF and WMF's Counsel.

• The Good Faith Deposit must be received by WMF in immediately available funds no less than 24 hours prior to the Rate Setting Date.

• The term "LIBOR Rate" shall mean, as applicable to any Eurodollar Advance, the rate per annum (rounded upward, if necessary, to the nearest 1/32 of one percent) as determined on the basis of the offered rates for deposits in U.S. dollars, for a period of time comparable to such Eurodollar Advance which appears on the Telerate page 3750 as of 11:00 a.m. London time on the day ("Rate Setting Date") that is two London Banking Days preceding the first day of such Eurodollar Advance.

• Before the Rate Setting Date, but in no event later than 24 hours prior to the Rate Setting Date, Borrower shall deposit with Lender, in immediately available funds, $929,102 (the “Good Faith Deposit”) to secure the performance of Borrower’s obligations under this Commitment and the Fannie Mae Commitment.

More Definitions of Rate Setting Date

Rate Setting Date means (a) any Business Day on which Borrower provides Lender with an executed Rate Form pursuant to Section 2.01(b) or (b) the date on which Borrower delivers to Lender an executed early rate lock certificate.

Rate Setting Date has the meaning set forth in Section 3.8 (A).

Rate Setting Date shall have the meaning set forth in Section 2.01(b). Colonial/ Grandbridge — Master Credit Facility Agreement

Rate Setting Date for each IFC Disbursement, the date on which the relevant Fixed Base Rate is determined pursuant to Section 2.02(a) (Disbursement Procedure);

Rate Setting Date means (i) while the Certificates are in the Weekly Mode, Wednesday of each week, or if Wednesday is not a Business Day, the next succeeding Business Day; and (ii) while the Certificates are in the Flex Rate Mode, not later than the Business Day preceding the first day of the next succeeding Flex Rate Period.

Rate Setting Date means, with regard to each Tranche, the date referred to in Section 3.2(b) of the IFC Special Conditions.

Rate Setting Date means, with respect to an Advance bearing interest at the Adjusted Base Rate, the date of such Advance, and with respect to an Interest Period for an Advance bearing interest at an Adjusted LIBOR Rate, two (2) Business Days prior to the commencement date of such Interest Period.