Interest Notice

Example Definitions of "Interest Notice"
Interest Notice. Shall mean the notice given by Borrower to Bank of the Interest Options selected hereunder. Each Interest Notice shall specify the Interest Option selected, the amount of the unpaid principal balance of this Note to bear interest at the rate selected and, if the Adjusted LIBOR Rate is specified, the length of the applicable Interest Period. An Interest Notice may be written or oral (if promptly confirmed thereafter in writing) and Bank is hereby authorized and directed to honor all telephonic... Interest Notices from any person authorized to request advances hereunder. View More Arrow
Interest Notice. Shall mean the notice given by Borrower to Bank of the Interest Options Option selected hereunder. Each Interest Notice shall specify the Interest Option selected, the amount of the unpaid principal balance of this Term Note to bear interest at the rate selected and, if the Adjusted LIBOR Rate is specified, the length of the applicable Interest Period. An Interest Notice may be written or oral (if promptly confirmed thereafter in writing) and Bank is hereby authorized and directed to honor all... telephonic Interest Notices from any person officer of Borrower authorized to request advances hereunder. under the Loan Agreement. View More Arrow
View Variation Arrow
Interest Notice. The written notice given by Maker to Payee of the Interest Options selected hereunder. Each Interest Notice shall specify the Interest Option selected, the amount of the unpaid principal balance of this Note to bear interest at the rate selected and, if the LIBOR Base Rate is specified, the length of the applicable LIBOR Interest Period.
All Definitions