Examples of TIIE Rate in a sentence
On the terms and subject to the conditions of this Agreement (including all applicable conditions set forth herein in Article IV), each Tranche B Lender severally agrees to make a Tranche B Loan to the TL Borrower in the form of a TIIE Rate Loan, in a single drawdown, during the TL Facilities Availability Period, in an aggregate principal amount for such Tranche B Lender not exceeding the amount of such Tranche B Lender’s Tranche B Commitment.
References to "TIIE" or "TIIE Rate" mean Tasa de Interés Interbancaria de Equilibrio (Interbank Equilibrium Interest Rate) for Mexican Pesos for a period of 28 days which is published in the "Diario Oficial de la Federación" (Official Gazette of the Federation) as of 11:00 a.m. Mexico City Time.
On the terms and subject to the conditions of this Agreement (including all applicable conditions set forth herein in Article IV), each Tranche C Lender severally agrees to make a Tranche C Loan to the TL Borrower in the form of a TIIE Rate Loan, in a single drawdown, during the TL Facilities Availability Period, in an aggregate principal amount for such Tranche C Lender not exceeding the amount of such Tranche C Lender’s Tranche C Commitment.
Each such notice shall specify the date and amount of such prepayment and the Type(s) of Committed Loans to be prepaid and, if Eurocurrency Rate Committed Loans, Term SOFR Rate Loans or TIIE Rate Loans are to be prepaid, the Interest Period(s) of the applicable Loans.
The applicable TIIE Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error.