Examples of BA Rate Loan in a sentence

If no BA Interest Period is specified with respect to a BA Rate Loan then the Canadian Borrower shall be deemed to have selected a BA Interest Period of one month.
No Bankers’ Acceptance, BA Rate Loan or LIBOR Loan may have a maturity date later than the Maturity Date.
During any Default or Event of Default, the Agent may (and shall at the direction of Required Facility Lenders of the Canadian Borrower) declare that no Loan may be made, converted or continued as a Canadian BA Rate Loan.
During any Default or Event of Default, Agent may (and shall at the direction of Required Lenders) declare that no Loan may be made, converted or continued as a Canadian BA Rate Loan.
If no BA Interest Period is specified with respect to any requested BA Rate Loan, then the applicable Borrower shall be deemed to have selected a BA Interest Period of 30 days’ duration.

More Definitions of BA Rate Loan

BA Rate Loan means any Canadian Revolver Loan denominated in Canadian Dollars bearing interest at a rate determined by reference to the BA Rate.

BA Rate Loan means any Bankers' Acceptance or BA Equivalent Loan bearing interest at the BA Rate.

BA Rate Loan means a Canadian Tranche A Revolving Credit Advance or a Canadian Tranche A1 Revolving Credit Advance denominated in Canadian Dollars which bears interest at a rate based on the BA Rate.

BA Rate Loan means each portion of Advances that bears interest at a rate determined by reference to the BA Equivalent Rate.

BA Rate Loan shall have the meaning ascribed thereto in Section 4.02;

BA Rate Loan means any Loan with respect to which interest is calculated hereunder for the time being on the basis of the BA Reference Rate.