English to Russian Bus/Financial Finance (general)

..... the applicable rate of interest shall be a market rate which reflects (i) the investment grade of the Company at the time..., and (ii) the fact that such debt is a 3e year unsecured senior loan.
The Parties agree that based on current market conditions and the state of the Business, such market rate would be in the range of ___% to ___% if such indebtedness was entered into on the date hereof.

was entered into = was assumed = was incurred?