CD Rate Loan definition

CD Rate Loan means any Loan that bears interest at a rate determined with reference to the CD Rate.

CD Rate Loan means a Loan that bears interest based on the CD Rate.

CD Rate Loan means a Loan bearing interest at any time under the CD Rate Option.

Examples of CD Rate Loan in a sentence

• The Company, on behalf of the Borrowers, shall select the rate of interest and Interest Period, if any, applicable to any Loan at the time a Notice of Borrowing is given or at the time a Notice of Conversion/Continuation is given pursuant to Section 4.2. Any Loan or any portion thereof as to which the Company has not duly specified an interest rate as provided herein shall be deemed a CD Rate Loan.

• The interest rate applicable to each LIBOR Rate Loan, CD Rate Loan and Base Rate Loan, and (to the extent applicable) after the maturity of any other type of Loan, the interest rate applicable to such Loan, shall change simultaneously with each change in the LIBOR Rate, the CD Rate or the Base Rate, as applicable.

• Any such written request by the Company for Alternate Base Rate Loans or a CD Rate Loan under this Section 2.01(e) shall be irrevocable and, in order to be effective, must be delivered to the Administrative Agent not less than one Business Day prior to the Required Prepayment Date.

• Each Loan shall be made by notice to Lender (stating the Type Loan, the amount of the Loan, the date of the Loan and the Interest Period for the Loan) not later than 11:30 a.m., Dallas time, given by Borrower to Lender (i) as to any Eurodollar Rate Loan, at least two (2) Business Days prior to the date of such Type Loan, (ii) as to any CD Rate Loan, at least one (1) Business Day prior to the date of such Type Loan, and (iii) as to any Agreed Rate Loan and any Prime Rate Loan, on the day of such Type Loan.

• The unpaid principal balance of each Loan outstanding from time to time as a CD Rate Loan shall bear interest during each Interest Period at the CD Rate for such CD Rate Loan plus the percentage, if any, set forth in the "Interest Rate Options" section of this Note.

More Definitions of CD Rate Loan

CD Rate Loan means a portion of any Loan which bears interest at a rate ------------ based upon the CD Rate.

CD Rate Loan means any Revolving Credit Loans or Term Loans while bearing interest at a rate based upon the CD Rate as provided in Section 4.1(a).

CD Rate Loan means the principal or a relevant portion of the principal amount outstanding from time to time after the Commitment Expiry Date denominated in Dollars upon which interest will accrue based on the CD Rate.

CD Rate Loan means any Loan which bears interest at ------------ the CD Rate. "CD Rate Reserve Percentage" for any Rate Period for any CD -------------------------- Rate Loan shall mean the reserve percentage applicable on the first day of the applicable Rate Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, but not limited to, any emergency, supplemental or other marginal reserve requirement) applicable, or to become applicable to the Agent, for a period equal to the applicable Rate Period to U.S. Dollar nonpersonal time deposits in the United States with a maturity corresponding to the end of the Rate Period, applied to the certificates of deposit used in the calculation of the CD Rate for such Rate Period.

CD Rate Loan. A Revolving Loan or Term Loan that bears interest based on the CD Rate.

CD Rate Loan means each Loan which bears interest based on the CD Rate.

CD Rate Loan means a Term Loan which bears interest as provided in Section 3.4(b).