Examples of SXXXX Xxxx in a sentence
The Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation of ABR, SXXXX Xxxx, any alternative, successor or replacement rate or any relevant adjustments thereto, in each case, in a manner adverse to the Borrowers.
All computations of interest for Base Rate Loans, SXXXX Xxxx Loans and TXXXX Xxxx Loans shall be made on the basis of a year of three hundred sixty-five (365) days, or three hundred sixty-six (366) days, as applicable, and actual days elapsed.
All SOFR Loan, Eurocurrency Rate Loan, SXXXX Xxxx and CDOR Rate Loan prepayments under this Section 2.12 shall be accompanied by accrued and unpaid interest on the principal amount to be prepaid to but excluding the date of payment.
In the event any prepayment shall be made hereunder but the applicable Borrower shall not have selected the Borrowings or B/A Drawings to be prepaid, the Administrative Agent shall apply such prepayment (i) first, to ABR Borrowings, Canadian Base Rate Borrowings or, Daily Simple CXXXX Borrowings and SXXXX Xxxx Borrowings, and (ii) second, to Term SOFR Borrowings, Term CXXXX Borrowings and Eurocurrency Borrowings and (iii) third, to the prepayment of amounts due in respect of B/As.
If no currency is specified with respect to any requested Term SOFR Borrowing, Eurocurrency Borrowing or SXXXX Xxxx Borrowing, as the case may be, then (x) in the case of a Borrowing by the Company, a US Borrowing Subsidiary or a Canadian Borrowing Subsidiary, the applicable Borrower shall be deemed to have selected US Dollars and (y) in the case of a Borrowing by a UK Borrowing Subsidiary, the applicable Borrower shall be deemed to have selected Sterling.
Fund merger (R.C. 4501.06; repealed R.C. 4501.25; Sections 512.60, 512.70, and 812.30; conforming changes in numerous other R.C. sections) The bill merges the State Bureau of Motor Vehicles Fund, the State Highway Safety Fund, the Highway Safety Salvage and Exchange Administration Fund, and the Highway Safety Salvage and Exchange Highway Patrol Fund into a single fund called the Public Safety – Highway Purposes Fund.
The value of perpetual usufructs of land is recognized as other assets and is amortized over the lease term.Perpetual usufructs of land acquired free of charge due to administrative decision is not recognized in the statement of financial position.Other assets also comprise receivables from the state.
The applicable Alternate Base Rate, Canadian Base Rate, Adjusted Term SOFR, Adjusted Term CXXXX, Daily Simple CXXXX, Adjusted Eurocurrency Rate or SXXXX Xxxx shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.