CD Rate Loans definition

CD Rate Loans means Loans that bear interest at rates based upon the CD Rate.
CD Rate Loans means those Loans which may be made under this Agreement and which are described in Section 2.01(d)(i) on which the Company shall pay interest at a rate based on the CD Rate. A "Change of Control" shall be deemed to have occurred if (a) the Cox Family and Cox ▇▇▇erprises shall cease at any time to own directly or indirectly at least 50.1% of the outstanding voting stock of the Company, (b) any Person or group of Persons other than the Cox Family, Cox ▇▇▇erprises and Persons controlled by them shall have the right or ability, directly or indirectly, to cause the election of a majority of the directors of the Company, (c) the Cox Family shall cease at any time to own directly or indirectly at least 50.1% of the outstanding voting stock of Cox ▇▇▇erprises, or (d) any Person or group of Persons other than the Cox Family shall have the right or ability, directly or indirectly, to cause the election of a majority of the directors of Cox ▇▇▇erprises.
CD Rate Loans means those Loans which may be made under this Agreement and which are described in Section 2.01(e)(i) on which the Company shall pay interest at a rate based on the CD Rate.

Examples of CD Rate Loans in a sentence

  • Any such notice of conversion to Eurodollar Loans or C/D Rate Loans shall specify the length of the initial Interest Period or Interest Periods therefor.

  • If the last day of the then current Interest Period with respect to C/D Rate Loans that are to be converted to Eurodollar Loans is not a Business Day, such conversion shall be made on the next succeeding Business Day, and during the period from such last day to such succeeding Business Day such Loans shall bear interest as if they were ABR Loans.

  • If such Lender’s portion of such borrowing is not made available to the Administrative Agent by such Lender within three (3) Business Days after such borrowing date, the Administrative Agent shall be entitled to recover such amount made available by the Administrative Agent with interest thereon at the rate per annum applicable to CD Rate Loans hereunder, on demand, from the Borrowers.

  • Competitive Bid Loans may be Base Rate Loans, CD Rate Loans, Absolute Rate Loans or LIBOR-based Loans (each a "type" of Competitive Bid Loan) and, subject to Section 2.03(r) hereof, may be in any freely available currency agreed upon by the Borrower and each Lender.

  • Each such notice shall specify (i) the amount to be borrowed, (ii) the requested Borrowing Date, (iii) whether the borrowing is to be of ABR Loans, CD Rate Loans, LIBOR Loans, or a combination thereof and (iv) if the borrowing is to be entirely or partly of LIBOR Loans or CD Rate Loans, the respective lengths of the initial Interest Periods therefor.


More Definitions of CD Rate Loans

CD Rate Loans. Loans the rate of interest applicable to which is ------------- based upon the CD Rate.
CD Rate Loans. Revolving Credit Loans at such time as they are made and/or are being maintained at a rate of interest based upon the Adjusted CD Rate.
CD Rate Loans and inserting the text "or a Federal Funds Rate Loan" after the term "CD Rate Loan".
CD Rate Loans means Loans at such time as they are being made and/or maintained at a rate of interest based on the CD Rate. "Collateral Pledge Agreement" shall mean the Collateral Pledge Agreement, in the form attached hereto as Exhibit G, as same may hereafter be amended, restated, supplemented or otherwise modified from time to time.
CD Rate Loans and replacing the grid therein with the following: Applicable Margin (%)-- Applicable CD Rate and Margin (%)-- Federal Funds Commitment Eurodollar Borrowing Rate Category Ratings Fee Rate (%) Loans Loans (%) Category 1 > A-/A3 0.09 0.40 .525 - Category 2 BBB+/Baa1 0.10 0.50 .625 Category 3 BBB/Baa2 0.125 0.625 .750 Category 4 BBB-/Baa3 0.15 0.75 .875 Category 5 < BB+/Ba1 0.20 1.00 1.125 -
CD Rate Loans in subclause (x) thereof.
CD Rate Loans. Loans the interest on which is determined on the basis of rates referred to in clause (b) of the definition of "Fixed Base Rate" in this Article 1.