Interest Rate definition
Examples of Interest Rate in a sentence
Upon the effective date of an assignment described above, the Replacement Lender shall become a “Lender” for all purposes under the Loan Documents (other than the Interest Rate Hedge Agreements).
If such Mortgage Loan has an adjustable Mortgage Interest Rate, all mortgage interest rate adjustments and monthly payment adjustments have been made in compliance with Accepted Servicing Practices.
The limitations on recourse set forth in this Section 11.19 shall survive the termination of this Agreement, the termination of all Commitments and the Interest Rate Hedge Agreements to which any Credit Party is a party and the full payment and performance of the Obligations hereunder and under the other Loan Documents.
Proceeds so applied to prepay the principal amount of a Loan shall also be used for the payment of (and the principal amount of such prepayment shall be reduced pro tanto by the amount used to prepay) (x) accrued and unpaid interest to the date of such prepayment on the principal amount prepaid, (y) any amounts owing pursuant to Section 4.4 and (z) any termination, liquidation or unwind payments required to be paid under any Interest Rate Hedge Agreement.
Each Lender and each DSR LC Issuer hereby appoints Canadian Imperial Bank of Commerce, New York Branch as its Administrative Agent, and each Lender (on behalf of itself and for its Affiliates that may be Secured Interest Rate Hedge Providers), DSR LC Issuer and each other Secured Party hereby appoints Wilmington Trust, National Association as the Collateral Agent, in each case under and for purposes of the Loan Documents.