RATE SELECTION. Borrower shall select and change its selection of the interest rate as among LIBOR, the Federal Funds Rate and the Prime-Based Rate, as applicable, to apply to at least $100,000 and in integral multiples of $100,000 thereafter of any Loan or portion thereof, subject to the requirements herein stated:
RATE SELECTION. If the Company has provided a notice of borrowing under Section 4.5 hereof and any Lender determines (which determination shall be conclusive and binding on the Company) that:
RATE SELECTION. When Borrower desires to select an interest rate, Borrower shall give Bank three(3) days’ prior written notice specifying the effective date thereof (which shall be a Banking Day), the type of advance, the amount of advance and, for LIBOR Advances, the duration of the first Interest Period therefor. Any such notice shall be irrevocable and shall be subject to other terms and conditions set forth in this Note. If Bank does not receive timely notice of a requested LIBOR Advance, Borrower shall be deemed to have selected a Variable Rate Advance. Each LIBOR Advance may only be requested in increments of $500,000.00 and no more than two (2) LIBOR Advances may be outstanding at any one time. If any interest rate is selected, Bank shall record on the books and records of Bank an appropriate notation evidencing such selection, each repayment on account of the principal thereof and the amount of interest paid, and Borrower authorizes Bank to maintain such records and make such notations and agrees that the amount shown on the books and records as outstanding from time to time shall constitute the amount owing to Bank pursuant to this Note, absent manifest error.
RATE SELECTION. Borrower shall select and change its selection of the interest rate between LIBOR and the Federal Funds Rate, as applicable, to apply to (a) at least $1,000,000 and in integral multiples of $1,000,000 thereafter of any Loan or portion thereof which bears interest at LIBOR, and (b) at least $100,000 and in integral multiples of $100,000 thereafter of any Loan or portion thereof which bears interest at the Federal Funds Rate, in all cases subject to the requirements herein stated:
RATE SELECTION. Borrower shall select and change its selection of the interest rate as between the Federal Funds Rate and the Prime Rate to apply to at least $100,000 of any advance ("advance" referring to a Loan or portion thereof), subject to the requirements herein stated at the time any advance is made or at any time for the outstanding principal balance of any advance.
RATE SELECTION. The Borrower will select and change its selection of the interest rate as among the Federal Funds-Based Rate and the Prime Rate, to apply to at least $100,000 of principal and in integral multiples of $100,000 thereafter of any Revolving Loan, subject to the requirements contained in this Agreement:
RATE SELECTION. As explained in the “Rate Requirements” section of Attachment-A, any request made here is merely a request and not a guarantee. Customer’s rate-schedule shall be established per the terms in the most-recent City of Healdsburg Electric Rate Schedule, as amended from time to time. Rates and eligibility will change over time. City reserves the right to change a customer’s electric rate as necessary and without notice due to changes in the Customer’s energy usage, occupancy type, to correct mistakes, or due to a change in Electric Rate structures. Absent a request (or should Customer make an ineligible request), City will select a rate. See “Rate Requirements” section in Attachment-A for complete details. OPTIONAL: Customer REQUESTS City’s otherwise applicable electric rate: (Rate Code)
RATE SELECTION. When the Borrower desires to select an interest rate, the Borrower shall give the Bank prior notice in a form satisfactory to the Bank specifying the effective date thereof (which shall be a Banking Day (as hereinafter defined)), the type of interest rate, the amount to which the interest rate shall apply and the duration of the first Interest Period therefor. Any such notice shall be irrevocable and shall be subject to other terms and conditions set forth in this Note. If the Bank does not receive timely notice of a requested LIBOR Advance, the Borrower shall be deemed to have selected a Variable Rate Advance. Each LIBOR Advance may only be requested in increments greater than One Million Dollars and Zero Cents ($1,000,000.00). If any interest rate is selected, the Bank shall record on the books and records of the Bank an appropriate notation evidencing such selection, each repayment on account of the principal thereof and the amount of interest paid, and the Borrower authorizes the Bank to maintain such records and make such notations and agrees that the amount shown on the books and records as outstanding from time to time shall constitute the amount owing to the Bank pursuant to this Note, absent manifest error.
RATE SELECTION. When the Maker desires to select an interest rate, the Maker shall give the Payee prior notice in a form satisfactory to the Payee specifying the effective date thereof (which shall be a Banking Day (as hereinafter defined), the type of interest rate, the amount to which the interest rate shall apply and the duration of the first Interest Period therefor. With respect to a LIBOR Advance, such notice shall be given three (3) days prior to the conversion date, which shall be the first Banking Day following the expiration of the then applicable Interest Period. Any such notice shall be irrevocable and shall be subject to other terms and conditions set forth in this Note. If the Payee does not receive timely notice of a requested LIBOR Advance, the Maker shall, at the Payee's discretion, be deemed to have selected a Variable Rate Advance. Each LIBOR Advance may only be requested in minimum amounts of $500,000 and each Variable Advance may only be requested in minimum amounts of $100,000, and in either case in increments of One Hundred Thousand Dollars ($100,000.00). When each interest rate is selected, the Payee shall record on the books and records of the Payee an appropriate notation evidencing such selection, each repayment on account of the principal thereof and the amount of interest paid, and the Maker authorizes the Payee to maintain such records and make such notations and agrees that the amount shown on the books and records as outstanding from time to time shall constitute the amount owing to the Payee pursuant to this Note, absent manifest error.
RATE SELECTION
