Examples of Eurodollar Bid Rate Advance in a sentence
Interest on the outstanding principal amount of Competitive Bid Loans shall be payable on the Stated Maturity Date for each such Competitive Bid Loan; provided, however, that in the case of a Eurodollar Bid Rate Advance having an Interest Period longer than three (3) months, interest accrued on such Eurodollar Bid Rate Advance shall also be payable on the last day of each three-month interval during such Interest Period.
At the OPMA training session, legal counsel, Brian Snure, discussed the legal requirement of having a unanimous vote from the Board before surplussing equipment and goods by the pool.
In the case of a Eurodollar Ratable Advance or Eurodollar Bid Rate Advance not paid at maturity, whether by acceleration or otherwise, such Advance shall bear interest at a rate per annum equal to the interest rate (including any Applicable Rate) otherwise applicable to such Advance plus 2% per annum to the fullest extent permitted by applicable Laws.
Interest accrued on each Eurodollar Committed Advance, Eurodollar Bid Rate Advance and Absolute Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Eurodollar Committed Advance, Eurodollar Bid Rate Advance or Absolute Rate Advance, as the case may be, is prepaid, whether by acceleration or otherwise, and at maturity.
Interest accrued on each Eurodollar Committed Advance and Eurodollar Bid Rate Advance having an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period.
In the case of a Eurodollar Ratable Advance or Eurodollar Bid Rate Advance not paid at maturity, whether by acceleration or otherwise, such Advance shall bear interest at a rate per annum equal to the interest rate (including any Applicable Margin) otherwise applicable to such Advance plus 2% per annum to the fullest extent permitted by applicable Laws.
Interest accrued on each Eurodollar Committed Advance and Eurodollar Bid Rate Advance having an Interest Period longer than three months shall also be payable on the last day of each three- month interval during such Interest Period.