Example ContractsClausesadvance requestVariants
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LIBOR Auction Advance Request”: any CAF Loan Request requesting the CAF Loan to offer to make CAF Loans at an interest rate equal to the Applicable LIBOR Auction Advance Rate plus or minus a margin.

LIBORFixed Rate Auction Advance Request”: any CAF Loan Request requesting the CAF Loan to offer to make CAF Loans at an interesta fixed rate equal(as opposed to a rate composed of the Applicable LIBOR Auction Advance Rate plus or minus a margin.margin).

LIBOR Auction Advance Request”: any CAF Loan Request requesting the CAF Loan to offer to make CAF Loans at an interest rate equal to the Applicable LIBOR Auction Advance Rate plus or minusRate”: in respect of any CAF Loan requested pursuant to a margin.LIBOR Auction Advance Request, the London interbank offered rate for deposits in Dollars for the period commencing on the date of such CAF Loan and ending on the maturity date thereof which appears on Reuters Screen LIBOR 01 Page as of , London time, two Working Days prior to the beginning of such period.

In the case of a LIBOR Auction Advance Request”:Request, upon receipt of notice from the CAF Loan Agent of the contents of such CAF Loan Request, any CAF Loan Request requesting the CAF Loan Bank that elects, in its sole discretion, to do so, shall irrevocably offer to make one or more CAF Loans at an interest rate equal to the Applicable LIBOR Auction Advance Rate plus or minus a margin.margin for each such CAF Loan determined by such CAF Loan Bank in its sole discretion. Any such irrevocable offer shall be made by delivering a CAF Loan Offer to the CAF Loan Agent, prior to , New York City time, three Working Days before the proposed Borrowing Date, setting forth the maximum amount of CAF Loans for each maturity date, and the aggregate maximum amount for all maturity dates, which such CAF Loan Bank would be willing to make (which amounts may, subject to , exceed such CAF Loan Bank’s Commitment) and the margin above or below the Applicable LIBOR Auction Advance Rate at which such CAF Loan Bank is willing to make each such CAF Loan; the CAF Loan Agent shall advise prior to , New York City time, three Working Days before the proposed Borrowing Date of the contents of each such CAF Loan Offer received by it. If the CAF Loan Agent or any Affiliate thereof in its capacity as a CAF Loan Bank shall, in its sole discretion, elect to make any such offer, it shall advise of the contents of its CAF Loan Offer prior to , New York City time, three Working Days before the proposed Borrowing Date.

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