Define: Interest Election Request
What does "Interest Election Request" mean? The meaning differs based on the contract. We found 3 definitions across 3 companies in SEC filings.
Definition 1 (Airbnb, Inc., seen in 1 filing)
Interest Election Request means a request to convert or continue a Borrowing.
Source: Airbnb, Inc. 10-K
Definition 2 (APPLIED MATERIALS INC /DE, seen in 1 filing)
Interest Election Request means a request by the Borrower to elect the interest rate type and Interest Period for a Borrowing.
Source: APPLIED MATERIALS INC /DE 8-K
Definition 3 (Coupang, Inc., seen in 1 filing)
Interest Election Request means a request to change the interest rate type or period for a borrowing.
Source: Coupang, Inc. 8-K
Data extracted from 3 SEC EDGAR filings across 3 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.