Notice of Term Loan Interest Rate Selection definition

Notice of Term Loan Interest Rate Selection has the meaning set forth in Section 2.18(f).
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Notice of Term Loan Interest Rate Selection has the meaning set forth in Section 2.16(e) and shall be substantially in the form of Exhibit J.
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Examples of Notice of Term Loan Interest Rate Selection in a sentence

  • Each Borrowing and each delivery of a Notice of Term Loan Interest Rate Selection hereunder shall be deemed to be a representation and warranty by the Borrower on the date of such Borrowing (including without limitation any conversion to, or continuation of, a Segment of the Term Loan) as to the facts specified in clauses (b), (c) and, to the extent applicable, (d) of this Section.

  • Upon receipt of a Notice of Borrowing or, if applicable, a Notice of Term Loan Interest Rate Selection, the Agent shall promptly notify each Bank of the contents thereof and of such Bank’s share (if any) of such Borrowing and such Notice of Borrowing or Notice of TermLoan Interest Rate Selection, respectively, shall not thereafter be revocable by the Borrower.

  • Upon receipt of a Notice of Borrowing or, if applicable, a Notice of Term Loan Interest Rate Selection, the Agent shall promptly notify each Bank of the contents thereof and of such Bank’s share (if any) of such Borrowing and such Notice of Borrowing or Notice of Term Loan Interest Rate Selection, respectively, shall not thereafter be revocable by the Borrower.

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Related to Notice of Term Loan Interest Rate Selection

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Term Loan Election has the meaning specified in Section 2.06.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Notice of Interest Rate Election has the meaning set forth in Section 2.08.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Net Loan Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the then applicable Loan Rate for such Mortgage Loan minus the related Servicing Fee Rate and the Master Servicing Fee Rate.