Example ContractsClausesassumptions concerning funding of adjusted libor rate loansIdentical
Assumptions Concerning Funding of Adjusted LIBOR Rate Loans
Assumptions Concerning Funding of Adjusted LIBOR Rate Loans contract clause examples

Assumptions Concerning Funding of Adjusted LIBOR Rate Loans. Calculation of all amounts payable to a Lender under this Section 3.1 and under Section 3.2 shall be made as though such Lender had actually funded each of its relevant Adjusted LIBOR Rate Loans through the purchase of a LIBOR deposit bearing interest at the rate obtained pursuant to clause (i) of the definition ofAdjusted LIBOR Rate” in an amount equal to the amount of such Adjusted LIBOR Rate Loans, and having a maturity comparable to the relevant Interest Period, and through the transfer of such LIBOR deposit from an offshore office of such Lender to a domestic office of such Lender in the United States; provided, however, each Lender may fund each of its Adjusted LIBOR Rate Loans in any manner it sees fit, and the foregoing assumptions shall be utilized only for the purposes of calculating amounts payable under this Section 3.1 and under Section 3.2.

Heritage Insurance Holdings, Inc. (HRTG) (CIK 0001598665)
Source: SEC EDGAR database • Date: March 12, 2019 • SIC: 6331 • CIK: 6331

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