Examples of TIBO Rate in a sentence
LLJS shall pay interest on the unpaid principal amount of each Japanese Loan from the date of such Japanese Loan until the Maturity thereof, at a rate per annum equal at all times during each Interest Period to the TIBO Rate for such Interest Period plus the Applicable Margin therefor, such rate to change from time to time as the Applicable Margin shall change.
All Portions of the Japanese Borrowing outstanding at the commencement of any such suspension affecting the TIBO Rate shall bear interest at the Overnight Rate plus one percent (1.0%), such rate to change from time to time as the Overnight Rate shall change, until such suspension has ended.
If such Lender shall determine that it may not lawfully continue to maintain and fund any of its outstanding TIBO Rate Loans to maturity and shall so specify in such notice, the Borrower shall immediately prepay (which prepayment shall not be subject to Section 2.06) in full the then outstanding principal amount of such TIBO Rate Loans, together with the accrued interest thereon.
Upon receipt of such notice, the Administrative Agent shall immediately give notice thereof to the other Lenders and to the Borrower, whereupon until such Lender notifies the Borrower and the Administrative Agent that the circumstances giving rise to such suspension no longer exist, the obligation of such Lender to make TIBO Rate Loans shall be suspended.
Subject to the provisions of Section 7.17 below, Wxxxx Fargo may share any Confidential Information that it may have regarding Company and its Affiliates with its accountants, lawyers, and other advisors, and with each business unit and line of business within Wxxxx Fargo and each direct and indirect subsidiary of Wxxxx Fargo & Company.