Type of Loans definition
Type of Loans. [Eurodollar Loans][Base Rate Loans] Length of Interest Periods for Eurodollar Loan: ___months.] [Borrower hereby requests a conversion or continuation of existing Loans into a new Borrowing pursuant to Section 2.04 of the Agreement as follows: Existing Borrowing(s) of Loans to be Continued or Converted: $ of Eurodollar Loans with Interest Period ending $ of Base Rate Loans Aggregate amount of new Borrowing: $ Type of Loans in new Borrowing: [Eurodollar Loans][Base Rate Loans] Date of Continuation or Conversion: Length of Interest Period for Eurodollar Loans: months] To induce the Lenders to [make/continue/convert] such Loans, the Borrower hereby represents, warrants, acknowledges, and agrees to and with the Administrative Agent and each Lender that:
Type of Loans. [Revolving Loans] [Term Loan] [Second Term Loan] -------------
Type of Loans. [LIBOR Rate Loans] [Base Rate Loans] The officer of the Company signing this Committed Loan Request hereby certifies that:
(a) Before and after giving effect to the Committed Loans requested hereby, no Event of Default or Unmatured Event of Default shall have occurred and be continuing or shall result from the making of such Loans;
(b) Before and after giving effect to the Loans requested hereby, the representations and warranties set forth in Section 8 of the Credit Agreement shall be true and correct in all C-1 93 material respects with the same effect as though made on the date of such Loans; and
(c) After the making of the Loans requested hereby, the aggregate principal amount of all outstanding Loans will not exceed the Aggregate Commitment. Very truly yours, INTERNATIONAL LEASE FINANCE CORPORATION By:_________________________ Its:________________________ FORM OF BID NOTE $1,250,000,000 January __, 1997 International Lease Finance Corporation, a California corporation (the "Company"), for value received, hereby promises to pay to the order of [NAME OF BANK] (the "Bank"), at the New York branch office of Union Bank of Switzerland, as Agent (the "Agent"), at 299 ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ ▇▇ January 16, 1998, or at such other place, to such other person or at such other time and date as provided for in the $1,250,000,000 364-Day Revolving Credit Agreement (as amended, modified or supplemented, the "Credit Agreement"), dated as of January 17, 1997, among the Company, the Agent, and the financial institutions named therein, in lawful money of the United States, the principal sum of $1,250,000,000 Dollars or, if less, the aggregate unpaid principal amount of all Bid Loans made by the Bank to the Company pursuant to the Credit Agreement. This Bid Note shall bear interest as set forth in the Credit Agreement for Bid Borrowings (as defined in the Credit Agreement). Except as otherwise provided in the Credit Agreement with respect to LIBOR Rate Loans, if interest or principal on any loan evidenced by this Note becomes due and payable on a day which is not a Business Day (as defined in the Credit Agreement) the maturity thereof shall be extended This Note is one of the Bid Notes referred to in the Credit Agreement. This Note is subject to prepayment in whole or in part, and the maturity of this Note is subject to acceleration, upon the terms provided in the Credit Agreement. This Note shall be governed by, and construed and interpreted in accord...
Examples of Type of Loans in a sentence
Each such notice shall specify the date and amount of such prepayment and the Type of Loans to be prepaid.
On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the Type of Loans, and shall be made on the Business Day, specified in such Borrowing Request.
The aggregate principal amount of each Borrowing of Loans shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $1,000,000 in excess thereof (except borrowings to reimburse Unpaid Drawings under Revolving Letters of Credit).
The aggregate principal amount of each Borrowing shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable).
Each such notice of borrowing, Conversion, Continuation or prepayment shall specify the Loans to be borrowed, Converted, Continued or prepaid and the amount (subject to Section 2.8 hereof) and Type of the Loans to be borrowed, Converted, Continued or prepaid (and, in the case of a Conversion, the Type of Loans to result from such Conversion) and the date of borrowing, Conversion, Continuation or prepayment (which shall be a Business Day).
More Definitions of Type of Loans
Type of Loans. No interest is payable on amounts advanced hereunder. Such amounts shall be repaid solely from the limited sources, at the time or times and in the manner provided in Section 2.4 of the Declaration of Trust. Purpose: To provide funds to pay any and all expenses of the Litigation Trust permitted under the Declaration of Trust.
Type of Loans. [LIBOR Rate Loans] [Base Rate Loans]. The officer of the Company signing this Committed Loan Request hereby certifies that as of the date hereof:
(a) Before and after giving effect to the Committed Loans requested hereby, no Event of Default or Unmatured Event of Default shall have occurred and be continuing or shall result from the making of such Loans;
(b) Before and after giving effect to the Loans requested hereby, the representations and warranties set forth in Section 8 of the Credit Agreement shall be true and correct in all material respects with the same effect as though made on the date of such Loans; and
Type of Loans. [LIBOR Loans][Base Rate Loans] Length of Interest Periods for LIBOR Loan (1, 2, 3 or 6 months) Specify amount of Distribution Loans, if any: $ To induce Lenders to make such [Revolver/Term] Loans, Pacific Energy Partners and Borrower hereby represent, warrant, acknowledge, and agree to and with Administrative Agent and each Lender that:
Type of Loans shall have the meaning assigned to such term in Section 2.01(c).
Type of Loans. [Eurodollar Loans][ABR Loans] [Length of Interest Periods for Eurodollar Loan: months.] [Aggregate amount of new Borrowing: $ ] Borrower hereby requests a conversion or continuation of existing Loans into a new Borrowing pursuant to Section 2.03 of the Agreement as follows: Existing Borrowing(s) of Loans to be Continued or Converted: $ of Eurodollar Loans with Interest Period ending $ of ABR Loans Date of Continuation or Conversion: Length of Interest Period for Eurodollar Loans: months] To induce the Lenders to [make/continue/convert] such Loan[s], the Borrower hereby represents, warrants, acknowledges, and agrees to and with the Administrative Agent and each Lender that:
Type of Loans a. Tranche A Term Loans [ ]b. AXELs Series B [ ]c. Revolving Loans [ ]d. Canadian Dollar Swing Line Loan [ ]e. U.S. Dollar Swing Line Loan
Type of Loans. [Eurodollar Loans][Base Rate Loans] Length of Interest Periods for Eurodollar Loan (1, 2, 3, 6 or 12 months) To induce Lenders to make such [Revolver/Term] Loans, Borrower hereby represents, warrants, acknowledges, and agrees to and with Administrative Agent and each Lender that: