Examples of Adjusted CD Rate Loan in a sentence
Interest shall be payable on each Adjusted CD Rate Loan on the earlier of (i) each Interest Payment Date applicable to such Loan, (ii) any date on which such Loan is prepaid, or (iii) the Expiration Date.
Each such notice shall specify the date of the Loan requested (which shall be a Business Day), the amount of such Loan, whether the Loan is a Domestic Rate Loan, Adjusted CD Rate Loan, LIBOR Loan or Offered Rate Loan and, if the Loan is an Adjusted CD Rate Loan, LIBOR Loan or Offered Rate Loan, the Interest Period applicable thereto.
Each Adjusted CD Rate Loan shall bear interest (computed on the basis of the actual number of days elapsed and a year of 360 days) until maturity (by acceleration or otherwise) at the Adjusted CD Rate for the Interest Period in effect for such Loan.
Each Adjusted CD Rate Loan shall be in a minimum amount of $1,000,000.
The interest rate applicable to an Adjusted CD Rate Loan shall be fixed during each Interest Period applicable to such Loan except as expressly provided in this Agreement with respect to adjustments for changes in the Applicable Margin, the CD Reserve Percentage or the Assessment Rate applicable to such Loan.
Interest on each Adjusted CD Rate Loan shall be due and payable on the last day of each Interest Period applicable thereto and at maturity (whether by lapse of time, acceleration or otherwise) and, with respect to any Interest Period applicable to an Adjusted CD Rate Loan in excess of ninety (90) days, then on the date occurring every ninety (90) days after the date such Interest Period began and at the end of such Interest Period, and interest after maturity shall be due and payable upon demand.
During the period when it is unlawful for any Bank to make Eurodollar Loans, Committed Loans shall continue to be made in such a manner so that the percentage of each Bank's Commitment in the form of Committed Loans is unchanged, but the Banks affected by such illegality shall make their share of each Committed Borrowing which has been requested in the form of Eurodollar Loans available in the form of a Domestic Rate Loan or Adjusted CD Rate Loan, as requested by the Company.
To provide details to the Inland Revenue regarding the construction industry tax deduction scheme.
Each Swingline Loan shall be made as a Base Rate Loan or an Adjusted CD Rate Loan and shall have such maturity date as the Swingline Lender and the Borrower shall agree upon receipt by the Swingline Lender of any such notice from the Borrower, such maturity date not to exceed seven (7) Business Days from the making of such Swingline Loan.