Rate Designation Notice definition

Rate Designation Notice means a written notice substantially in the form of Exhibit B.

Rate Designation Notice means a written notice substantially in the form of EXHIBIT B.

Rate Designation Notice means (a) in the case of a new Loan, the Request for Extension of Credit with respect to such Loan and (b) in the case of Conversions and Continuations, a notice in the form of EXHIBIT E, executed by an authorized officer of the Company.

Examples of Rate Designation Notice in a sentence

• If, when Agent so notifies Borrower, Borrower has given a Rate Designation Notice specifying a LIBOR Borrowing but the selected Interest Period has not yet begun, as to the applicable Lender such Rate Designation Notice shall be deemed to be of no force and effect, as if never made, and the balance of the Loans made by such Lender specified in such Rate Designation Notice shall bear interest at the Base Rate until a different available Interest Option shall be designated in accordance herewith.

• Each Rate Designation Notice with respect to a Continuation of a Loan (or portion thereof) as the same Type of Loan shall specify the amount and Type of such Loan (or portion thereof) being continued (subject to SECTION 5.4) and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor.

• The Agent shall promptly notify the Banks of the contents of each such notice, Request for Extension of Credit, or Rate Designation Notice.

• If, when Agent so notifies Borrower, Borrower has given a Rate Designation Notice specifying a Eurodollar Rate Borrowing but the selected Interest Period has not yet begun, such Rate Designation Notice shall be deemed to be of no force and effect, as if never made, and the balance of the Loans specified in such Rate Designation Notice shall bear interest at the Base Rate until a different available Interest Option shall be designated in accordance herewith.

• If, when Agent so notifies Borrower, Borrower has given a Rate Designation Notice specifying a LIBOR Borrowing but the selected Interest Period has not yet begun, as to the applicable Lender such Rate Designation Notice shall be deemed to be of no force and effect, as if never made, and the balance of the Revolving Loans made by such Lender specified in such Rate Designation Notice shall bear interest at the Base Rate until a different available Interest Option shall be designated in accordance herewith.

More Definitions of Rate Designation Notice

Rate Designation Notice means (a) in the case of a new Loan, the Request for Extension of Credit with respect to such Loan and (b) in the case of Conversions and Continuations, a notice in the form of Exhibit E, executed by an authorized officer of the Company.

Rate Designation Notice means a notice of interest rate selection in substantially the form of Exhibit B, including, without limitation, as applicable, Borrower's selection of (a) the Interest Periods during which the Adjusted LIBOR Rate will apply, (b) the commencement date of each such Interest Period, (c) the aggregate amount of LIBOR Rate Loans subject to each such Interest Period and (d) the aggregate amount of any LIBOR Rate Loans to be converted to Variable Rate Loans or Variable Rate Loans to be converted to LIBOR Rate Loans.

Rate Designation Notice means a written notice substantially in the form of Exhibit B. Regulation D shall mean Regulation D of the Board of Governors of the Federal Reserve System from time to time in effect and shall include any successor or other regulation relating to reserve requirements applicable to member lenders of the Federal Reserve System.

Rate Designation Notice is defined in Section 2.D(ii).

Rate Designation Notice means a written notice substantially in the form of EXHIBIT B. REFUNDING BANKERS' ACCEPTANCE has the meaning specified in SECTION 2.3.

Rate Designation Notice means a written notice substantially in the form of Exhibit B. Refunding Bankers' Acceptance has the meaning specified in Section 2.3.

Rate Designation Notice means a written notice substantially in the form of Exhibit B. Recipient means, as applicable, (a) Agent, (b) any Lender and (c) any Issuer.