CD Rate Loan definition

CD Rate Loan means a Loan that bears interest based on the CD Rate.

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CD Rate Loan means a Loan bearing interest at any time under the CD Rate Option.

CD Rate Loan means any Loan bearing interest at a rate based upon the Adjusted CD Rate as provided in Section 4.1(a).

Examples of CD Rate Loan in a sentence

• The Company, on behalf of the Borrowers, shall select the rate of interest and Interest Period, if any, applicable to any Loan at the time a Notice of Borrowing is given or at the time a Notice of Conversion/Continuation is given pursuant to Section 4.2. Any Loan or any portion thereof as to which the Company has not duly specified an interest rate as provided herein shall be deemed a CD Rate Loan.

• Interest on each CD Rate Loan and each Swingline Loan shall be due and payable in arrears on the last Business Day of each calendar quarter commencing March 31, 2010; and interest on each LIBOR Rate Loan shall be due and payable on the last day of each Interest Period applicable thereto, and if such Interest Period extends over three (3) months, at the end of each three (3) month interval during such Interest Period.

• Any such written request by the Company for Alternate Base Rate Loans or a CD Rate Loan under this Section 2.01(e) shall be irrevocable and, in order to be effective, must be delivered to the Administrative Agent not less than one Business Day prior to the Required Prepayment Date.

• Interest on each CD Rate Loan shall be due and payable on the last day of the corresponding CD Rate Maturity Period and, if such CD Rate Maturity Period is longer than 90 days, also every 90th day during such CD Rate Maturity Period.

• If Bank requests, as may be required by the relevant law, rule, regulation, interpretation or administration, the Company shall repay or convert to another Type any such LIBOR Loan or C/D Rate Loan.

More Definitions of CD Rate Loan

CD Rate Loan means a Loan bearing interest, at all times during an ------------ Interest Period applicable to such Loan, at a fixed rate determined by reference to the CD Rate (Reserve Adjusted).

CD Rate Loan means a Revolving Loan that bears interest based on the CD Rate.

CD Rate Loan means each Loan which bears interest based on the CD Rate.

CD Rate Loan means any Loan which bears interest at ------------ the CD Rate. "CD Rate Reserve Percentage" for any Rate Period for any CD -------------------------- Rate Loan shall mean the reserve percentage applicable on the first day of the applicable Rate Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, but not limited to, any emergency, supplemental or other marginal reserve requirement) applicable, or to become applicable to the Agent, for a period equal to the applicable Rate Period to U.S. Dollar nonpersonal time deposits in the United States with a maturity corresponding to the end of the Rate Period, applied to the certificates of deposit used in the calculation of the CD Rate for such Rate Period.

CD Rate Loan means the principal or a relevant portion of the principal amount outstanding from time to time after the Commitment Expiry Date denominated in Dollars upon which interest will accrue based on the CD Rate.

CD Rate Loan. A Revolving Loan or Term Loan that bears interest based on the CD Rate.

CD Rate Loan means a Term Loan which bears interest as provided in Section 3.4(b).