CD Borrowing definition

CD Borrowing means a Borrowing comprised of CD Loans.
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CD Borrowing means any Borrowing composed of CD Advances. ------------
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CD Borrowing means a Borrowing comprised of CD Loans. "CD Loan" shall mean any Standby Loan bearing interest at a
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Examples of CD Borrowing in a sentence

  • Such notice shall be irrevocable and shall in each case specify (i) whether the Borrowing then being requested is to be a Eurodollar Standard Borrowing, a CD Borrowing or an ABR Borrowing; (ii) the date of such Standard Borrowing (which shall be a Business Day) and the amount thereof; and (iii) if such Borrowing is to be a Eurodollar Standard Borrowing or CD Borrowing, the Interest Period with respect thereto.

  • If no Interest Period with respect to any Eurodollar Borrowing or CD Borrowing is specified in any such notice, then the Borrower shall be deemed to have selected an Interest Period of one month's duration, in the case of a Eurodollar Borrowing, or 30 days' duration, in the case of a CD Borrowing.

  • Prior to making a Request for Borrowing, Company may (without specifying whether the anticipated Borrowing shall be a Floating Base Borrowing, CD Borrowing or Eurodollar Borrowing) request that Administrative Agent provide Company with the most recent CD Quoted Rate and InterBank Offered Rate available to Reference Banks.

  • If no Interest Period with respect to any Eurocurrency Borrowing, Eurodollar Borrowing or CD Borrowing is specified in any such notice, then the applicable Borrower shall be deemed to have selected an Interest Period of one month's duration, in the case of a Eurocurrency Borrowing or a Eurodollar Borrowing, or 30 days' duration, in the case of a CD Borrowing.

  • Interest on each CD Borrowing shall be payable on each applicable Interest Payment Date.

  • Any such Request for Borrowing shall: (i) in the case of a Floating Base Borrowing, be in the form attached hereto as Exhibit "B", (ii) in the case of a CD Borrowing, be in the form attached hereto as Exhibit "C" and (iii) in the case of a Eurodollar Borrowing, be in the form attached hereto as Exhibit "D".

  • If Company shall specify that such Borrowing shall be a Eurodollar Borrowing or a CD Borrowing, such Rollover Notice shall also specify the length of the succeeding Interest Period selected by Company with respect to such Advance.

  • If no Interest Period is specified with respect to any requested CD or Eurodollar Revolving Borrowing, then the Borrower shall be deemed to have selected an Interest Period of 30 days' duration, in the case of a CD Borrowing, or one month's duration, in the case of a Eurodollar Borrowing.

  • At least two (2) Business Days or Eurodollar Business Days, as the case may be, prior to the termination of each Interest Period with respect to a Eurodollar Borrowing or a CD Borrowing (whether such termination occurs before or after the Maturity Date) Company shall give Administrative Agent written notice (the "Rollover Notice") of the interest option which shall be applicable to such Borrowing upon the expiration of such Interest Period.

  • If any such Interest Election Request requests a CD Borrowing or Eurodollar Borrowing but does not specify an Interest Period, then the Borrower shall be deemed to have selected an Interest Period of 30 days' duration, in the case of a CD Borrowing, or one month's duration, in the case of a Eurodollar Borrowing.


More Definitions of CD Borrowing

CD Borrowing if such Domestic Loans are CD Loans or a "Base Rate Borrowing" if such Domestic Loans are Base Rate Loans. "CD Loan" means a Loan made by a Bank under this Agreement at such time as it is made or maintained at an interest rate based on the Adjusted CD Rate. "CD Margin" means, on any date, (i) 1.375%, if on such date Level I Status exists, (ii) 1.625%, if on such date Level II Status exists, (iii) 1.875%, if on (NY) 27008/757/CA99/ca.99.conf.wpd
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CD Borrowing has the meaning set forth in Section 1.03.
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CD Borrowing means CD Advances made by Banks hereunder on any given day.
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Related to CD Borrowing

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.