Variable Terms definition
Examples of Variable Terms in a sentence
Subject to the provisions in Clauses 4 and 5 of this Agreement, until repayment of the Loan in full or each Advance in full, the Borrower will pay to the Lender interest on the Loan or each Advance (or on any part or parts for the time being remaining outstanding) calculated and payable in the manner set out in the Variable Terms.
The terms concerning repayment are set out in the Variable Terms but are subject to Clause 4(iii).
If the above meets your approval, please so indicate by executing and returning to Bank the enclosed copy of this Variable Terms Letter.
Procedure for Changing Rates or Other Variable Terms: When a decision has been reached to change the interest rate or any other variable term on any Notes being sold by the Company, the Company will promptly advise the Agents and the Agents will forthwith suspend solicitation of offers to purchase such Notes.
Procedure for Changing Rates or Other Variable Terms: When a decision has been reached to change the interest rate or any other variable term on any Notes being sold by the Company, the Company will promptly advise the Agents and the Trustee by facsimile transmission and the Agents will forthwith suspend solicitation of offers to purchase such Notes.
Procedure for Changing Rates When a decision has been reached to change the or Other Variable Terms: interest rate or any other variable term on any Notes being sold by the Company, the Company will promptly advise the Agents by telephone (confirmed in writing) or facsimile transmission and such Agents will forthwith suspend solicitation of offers to purchase such Notes.
Procedure for Changing Rates or Other Variable Terms: When a decision has been reached to change the interest rate or any other variable term on any Notes being sold by the Company, the Company promptly will advise the applicable Selling Agent(s) and the applicable Paying Agent by facsimile or other electronic transmission, and the applicable Selling Agent(s) forthwith will suspend solicitation of offers to purchase such Notes.
Subject to the provisions of paragraphs 4 and 5, until repayment of the Loan or each Advance in full, the Borrower will pay to the Lender interest on the Loan or each Advance (or on any part or parts of it or them for the time being outstanding under this Agreement) calculated and payable in the manner set out in the Variable Terms.
This Agreement and all Transactions outstanding hereunder shall terminate automatically without any requirement for notice on the Purchase Contract Expiration Date set forth in the Variable Terms Letter; provided, however, that this Agreement and any Transaction outstanding hereunder may be extended by mutual agreement of Buyer and Seller given in each such party’s sole and absolute discretion.
The Borrower's chief place of business is at the address set forth in the Variable Terms Letter, and the Borrower's books, records and agreements concerning the Collateral are kept at the Borrower's chief place of business.