TIIE definition
Examples of TIIE in a sentence
The Borrower shall pay to the Bank, during the term hereof, an ordinary interest on the outstanding principal amount of Loan to be computed at a rate equivalent to the TIIE Rate (as defined below) plus the Margin (as defined below).
TIIE PROCTER & ▇▇▇▇▇▇ MANUFACTURING COMPANY By: /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇.
Each request for a Credit Extension (other than a Committed Loan Notice requesting only a conversion of Committed Loans to another Type or a continuation of Eurocurrency Rate Committed Loans, Term SOFR Rate Loans or TIIE Rate Loans) submitted by Prologis shall be deemed to be a representation and warranty that the conditions specified in Sections 8.2.1 and 8.2.2 have been satisfied on and as of the date of the applicable Credit Extension.
Any prepayment of a Eurocurrency Rate Committed Loan, Term SOFR Rate Loan or TIIE Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amount required pursuant to Section 7.5. Subject to Sections 2.2.4 and 6.8.3, each such prepayment shall be applied to the U.S. Committed Loans of U.S. Lenders in accordance with their respective Applicable Tranche Percentages.
Each such notice shall specify the date and amount of such prepayment and the Type(s) of Committed Loans to be prepaid and, if Eurocurrency Rate Committed Loans, Term SOFR Rate Loans or TIIE Rate Loans are to be prepaid, the Interest Period(s) of the applicable Loans.