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loc.

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loc.
abbr.
locative


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This amount, while equivalent to 90 days of interest computed at a maximum rate of 10%, based on a year of 365 days, does not restrict notes from being issued for longer periods so long as the interest due on any outstanding notes does not exceed the interest commitment under the LOC.
15, 2015, the LOC expiration date, unless such date is extended or any prior termination of the LOC.
 
 
 
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