Examples of Applicable Reserve Requirement in a sentence
Any change in the interest rate on a Loan resulting from a change in the Applicable Reserve Requirement shall become effective as of the opening of business on the day on which such change becomes effective.
The rate of interest on Adjusted LIBOR Rate Loans and Base Rate Loans determined by reference to the LIBOR Index Rate shall be adjusted automatically on and as of the effective date of any change in the Applicable Reserve Requirement.
The Eurodollar Rate shall be adjusted with respect to Eurodollar Rate Loans without notice or demand of any kind on the effective date of any change in the Applicable Reserve Requirement as of such effective date.
The Adjusted LIBOR Rate shall be adjusted automatically on and as of the effective date of any change in the Applicable Reserve Requirement.
Any change in the interest rate on a Loan resulting from a change in the Base Rate or the Applicable Reserve Requirement shall become effective as of the opening of business on the day on which such change becomes effective.