Examples of CB Floating Rate Loans in a sentence
CB Floating Rate Loans may be prepaid by the Borrower without premium or penalty.
Each such prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing, shall be applied first to CB Floating Rate Loans outstanding, and then to outstanding Eurodollar Loans, subject to Section 2.14.
For CB Floating Rate Loans, “Interest Period” shall mean the period agreed to by the parties hereto.
Annex I-1 Rate and Fee Basis: All per annum rates shall be calculated on the basis of a year of 360 days (or 365/366 days, in the case of CB Floating Rate Loans the interest rate payable on which is then based on the Prime Rate (as defined in the DIP Credit Agreement), for actual days elapsed.
Each Revolving Credit Loan which shall not utilize the Revolving Credit Facility in full shall be in the minimum amount of $100,000 in the case of CB Floating Rate Loans and $500,000 in the case of LIBOR Loans.
A design improvement of the DIFF precomparator was proposed and simulated, obtaining an extension of the expected operation range up to 500 Mrad,which remains marginal compared to the expected dose in the CMS detector.
All Eurocurrency Loans of the affected Type from such Lender denominated in US Dollars shall be converted to CB Floating Rate Loans and all CDOR Loans from such Lender shall be converted to Canadian Prime Loans, as applicable, either on the last day of the Interest Period thereof, if such Lender may lawfully continue to maintain such Eurocurrency Loans or CDOR Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurocurrency Loans or CDOR Loans.
The Applicable Interest Rate for any Loan shall be, at the Borrower’s option and in accordance herewith, (a) the CB Floating Rate plus the Applicable Margin (as hereinafter defined) (the “CB Floating Rate Loan(s)”) or (b) the Adjusted LIBO Rate (as hereafter defined) plus the Applicable Margin (as hereinafter defined) (the “LIBOR Loan(s)”, and, together with the CB Floating Rate Loans, collectively, “Loans”).
Each notice shall be irrevocable and shall specify the date and amount of prepayment and whether such prepayment is of Adjusted Libor Loans, CB Floating Rate Loans or Quoted Rate Loans, or a combination thereof, and if a combination thereof, the amount of prepayment allocable to each.
The Revolving Credit Loans may be (i) Adjusted Libor Loans, (ii) CB Floating Rate Loans, (iii) Quoted Rate Loans or (iv) a combination thereof.