Defaulting Lender Rate means # for the first 3 days from and after the date the relevant payment is due, the Base Rate, and # thereafter, the interest rate then applicable to Revolving Loans that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto).
"Defaulting Lender Rate" means # for the first 3 days from and after the date the relevant payment is due, the Base Rate, and # thereafter, the interest rate then applicable to Revolving Loans that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto).
“Defaulting Lender Rate” means # for the first three days from and after the date the relevant payment is due, the Base Rate and # thereafter, the interest rate then applicable to Revolving Loans that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto).
“Defaulting Lender Rate” means # for the first three (3) days from and after the date the relevant payment is due, the Base Rate, and # thereafter, the interest rate then applicable to Advances that are Base Rate Loans (inclusive of the Applicable Margin for Base Rate Loans applicable thereto).
“Defaulting Lender Rate” means # for the first 3 days from and after the date the relevant payment is due, the Federal Funds Rate, and # thereafter, the interest rate then applicable to Advances that are Base Rate Loans.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.