Base Rate Period definition

Base Rate Period means any Interest Period during which the Applicable Rate is determined based upon the Base Rate pursuant to Section 5.01 of the Participation Agreement.
Base Rate Period means, as to each Base Rate Loan, the period commencing on the date specified by the Borrower pursuant to Section 2.1(b) and ending on the date specified by the Borrower in its Request for Loan, but not later than thirty days after the date the Loan is made; provided that:
Base Rate Period means each monthly period starting at 00.00 hours on the third day of the month and ending at 24.00 hours on the second day of the following month;

Examples of Base Rate Period in a sentence

  • If for any Base Rate Period the Base Rate determined based on the procedure specified in this paragraph is less than 0%, Base Rate shall mean 0% for purposes of determining the Coupon rate.

  • Coupon payments Coupon rateThe Coupon rate for the Notes is 11% (eleven per cent) + 3M EURIBOR (floor at zero) per annum and is fixed for every Base Rate Period.

  • The Base Rate for the first Base Rate Period is 0 (zero).Calculation AgentThe Issuer appoints the Calculation Agent to determine amount of monthly payments to Noteholders and provide payment instructions to the Issuer.


More Definitions of Base Rate Period

Base Rate Period means any Interest Period during which the Applicable Rate is determined based upon the Base Rate pursuant to Article V of the Participation Agreement.
Base Rate Period means the periods during the term of this Agreement in which the Loan bears interest as a Base Rate Loan. The duration of each such Base Rate Period shall continue until Borrower elects to convert all or part of the applicable Base Rate Loan to a Eurodollar Rate Loan in accordance with the provisions of this Agreement.
Base Rate Period means, as of any date of determination, the lesser of the next succeeding one-month period and the period from such date of determination until June 22, 2000.
Base Rate Period means any period during which the Base Rate is in effect commencing on a Business Day selected by Borrower pursuant to Section 2.7(a).
Base Rate Period means, with respect to any Eurodollar Loan or Investment Amount for which Lessee requests interest or Yield to be calculated based on the Base Rate, (i)(x) the period commencing on the date such rate becomes effective and ending on (but excluding) the last Business Day of the calendar month in which such rate became effective and (y) thereafter, each period commencing on (and including) the last Business Day of each calendar month and ending on (but excluding) the last Business Day of the next succeeding calendar month or (ii) if shorter than the periods described in clause (i), the period ending on the day preceding the first day of an Interest Period properly selected by Lessee pursuant to a Continuation Notice or an Advance Request.
Base Rate Period means any 30-day period in respect of which ---------------- interest accrues on the Revolving Loans bearing interest at the Base Rate.
Base Rate Period. Base Rate Percentage: [ ]% Base Rate Start / End Date: [ ] [ ] Financing Cost Due: [ ] Financing Cost Due Date: [ ] -------------------------------------------------------------------------------- Wire Instructions for Xxxxxx Brothers Contact at Xxxxxx Brothers