Chase Bank Rate Loans definition

Chase Bank Rate Loans means any loans or advances made pursuant to this Financing Agreement that bear interest based upon the Chase Bank Rate.

Chase Bank Rate Loans means any loans or advances pursuant to this Financing Agreement made or maintained at a rate of interest based upon the Chase Bank Rate.

Chase Bank Rate Loans means any loans or advances pursuant to this Financing Agreement made or maintained at a rate of interest based upon the Chase Bank Rate. Closing Date shall mean December 18, 2001. Collateral shall mean all present and future Accounts, Equipment, Inventory, Documents of Title, General Intangibles, Real Estate, investment property (including stock of the Company’s Subsidiaries and venture capital investments which are subject to a pledge agreement in favor of Agent) and Other Collateral.

Examples of Chase Bank Rate Loans in a sentence

• The rate hereunder for Chase Bank Rate Loans shall be calculated based on a 360-day year.

• Until such notice has been withdrawn by the Agent, the obligations of the Agent and the Lenders thereafter to make or continue LIBOR Loans and to convert Chase Bank Rate Loans into LIBOR Loans hereunder shall be suspended until the Agent determines that adequate and reasonable means again exist for ascertaining LIBOR applicable to an Interest Period with respect to any election of a new LIBOR Loan.

• Defendants have refused to implement testing, contact tracing, quarantine, distancing, and isolation protocols, even when faced with cases of COVID-19 within Adirondack.

• The Companies hereby agree to pay to the Agent, for the benefit of the Lenders, on demand, any additional amounts necessary to compensate the Lenders for any costs incurred by the Lenders in making any conversions from LIBOR Loans to Chase Bank Rate Loans in accordance with this Section 8.9, including, without limitation, breakage costs provided for in Section 8.10 of this Financing Agreement.

• Subject to the terms of the preceding sentence, so long as no Event of Default shall have occurred and remain outstanding, if the Agent receives Proceeds of Collateral or other payments that exceed the outstanding principal amount of Revolving Loans that are Chase Bank Rate Loans, the Funds Administrator may request, in writing, that the Agent not apply such excess Proceeds to outstanding Revolving Loans that are LIBOR Loans, in which case the Agent shall remit such excess to the Funds Administrator.

More Definitions of Chase Bank Rate Loans

Chase Bank Rate Loans means any loans or advances pursuant to this Financing Agreement made or maintained at a rate of interest based upon the Chase Bank Rate. CLOSING DATE shall mean the date that this Financing Agreement has been duly executed and delivered by the parties hereto and all Conditions Precedent have been satisfied or waived. COLLATERAL shall mean all present and future Accounts, Equipment, Inventory, Documents of Title, General Intangibles, stock of the Company's subsidiaries (other than controlled foreign corporations) and Other Collateral.

Chase Bank Rate Loans means any loans or advances pursuant to this Financing Agreement made or maintained at a rate of interest based upon the Chase Bank Rate. CLOSING DATE shall mean the date that this Financing Agreement has been duly executed by the parties hereto and delivered to the Agent and that the conditions precedent to closing set forth in Section 2.1 hereof have been fully satisfied or waived by Agent, in writing.

Chase Bank Rate Loans shall xxxx xxx loans or advances pursuant to this Financing Agreement made or maintained at a rate of interest based upon the Chase Bank Rate. CLOSING DATE shall mean the date that this Financing Agreement has been duly executed by the parties hereto and delivered to CIT. COLLATERAL shall mean (i) all present and future Accounts, Equipment, Inventory, Documents of Title, General Intangibles, Real Estate, pledged stock of the Companies and their Subsidiaries and Other Collateral of each of the Companies and (ii) all other property in which CIT has been granted a security interest pursuant to any Loan Document.

Chase Bank Rate Loans means any loans or advances pursuant to this Financing Agreement made or maintained at a rate of interest based upon the Chase Bank Rate. Closing Date shall mean the date that this Financing Agreement has been duly executed by the parties hereto and delivered to CIT. Collateral shall mean all present and future Accounts, Inventory, Documents of Title, General Intangibles, Investment Property, pledged stock of the Company’s subsidiaries and Other Collateral. Collection Days shall mean one (1) Business Day to provide for the deposit, clearance and collection of checks or other instruments representing the proceeds of Collateral, the amount of which has been credited to the Company’s Revolving Loan Account, and for which interest may be charged on the aggregate amount of such deposits, at the rate provided for in Paragraph 8.1 of Section 8 of this Financing Agreement.

Chase Bank Rate Loans means any loans or advances pursuant to this Financing Agreement made or maintained at a rate of interest based upon the Chase Bank Rate. CIBC shall mean Canadian Imperial Bank of Commerce. CIT Financial shall have the meaning specified in the preamble to this Agreement. Closing Date shall mean the date that this Financing Agreement has been duly executed by the parties hereto and delivered to the Agent. Code shall mean the U.S. Internal Revenue Code of 1986, as amended from time to time and the rules and regulations promulgated thereunder from time to time. Collateral shall (i) with respect to each Loan Party other than the Canadian Borrower, have the meaning specified in the Domestic Pledge and Security Agreement and (ii) with respect to the Canadian Borrower, have the meaning specified in the Canadian Pledge and Security Agreement.

Chase Bank Rate Loans means any loans or advances pursuant to this Financ­ing Agreement made or maintained at a rate of interest based upon the Chase Bank Rate. Closing Date shall mean the date that this Financing Agreement has been duly executed by the parties hereto and delivered to CIT. Collateral shall mean all present and future Accounts, Equipment, Inventory, Documents of Title, General Intangibles, Pledged Stock of the Company’s subsidiaries, and Other Collateral; provided that Collateral shall not include Real Estate, including the Valencia Real Estate.

Chase Bank Rate Loans means any loans made pursuant to this Financing Agreement that bear interest based on the Chase Bank Rate. CHATTEL PAPER shall have the meaning give to such term in the UCC.