Examples of Rate Loans in a sentence

Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurodollar Rate Loans.
Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate Loans or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount specified therein.
Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such Loans.
Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
All computations of interest for Base Rate Loans shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed.

More Definitions of Rate Loans

Rate Loans. Eurodollar Rate Loans shall bear interest for each Interest Period, or remaining portion thereof, with respect thereto on the unpaid principal amount thereof at a rate per annum equal to the Eurodollar Rate determined for such Interest Period plus the Applicable Margin (as applicable during such period).

Rate Loans means Loans made by one or more Lenders to Company pursuant to subsection 2.1.E.

Rate Loans. Any Syndicated Loans bearing interest calculated by reference to the Base Rate. BASIS POINT. One one-hundredth of one percent (0.01%).

Rate Loans and the Borrower shall on the last day(s) of the then current Interest Period(s) for outstanding Eurodollar Rate Loans, as applicable, convert such Eurodollar Rate Loans into another Eurodollar Rate Loan if such Eurodollar Rate Loan is not subject to the same or similar condition, or Base Rate Loans, if available hereunder. The Agent shall give the Authorized Representative notice describing in reasonable detail any event or condition described in this Section 5.2 promptly following the determination by the Agent that the availability of Eurodollar Rate Loans is, or is to be, suspended as a result thereof.

Rate Loans. With respect to each Mortgage Loan where the interest rate is not fixed for the term of the loan, the Company, its Subsidiaries, Target Company or Target Subsidiaries have, and all prior servicers have (i) properly and accurately entered into its system all data required to service the Mortgage Loan in accordance with all Regulations, (ii) properly and accurately adjusted the mortgage interest rate on each interest adjustment date, (iii) properly and accurately adjusted the monthly payment on each payment adjustment date, (iv) properly and accurately calculated the amortization of principal and interest on each payment adjustment date, in each case in compliance with all applicable laws, rules and Regulations and the related Loan Documents, and (v) executed and delivered any and all necessary notices required under, and in a form that complies with, all applicable laws, rules and Regulations and the terms of the related Loan Documents regarding the interest rate and payment adjustments.

Rate Loans. Interest payable pursuant to this subsection 3.3D(i) shall be payable on demand or, if no demand is made, on the date on which the related drawing under a Letter of Credit is reimbursed in full.

Rate Loans payable to such Lender shall automatically convert (if conversion is permitted under this Agreement) into a Base Rate Loan, or be repaid (if no conversion is permitted) at the end of the then current Interest Periods with respect thereto or sooner, if required by law or such assertion.