LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.
LIBOR Term Loan means a Term Loan which is a LIBOR Loan.
LIBOR Term Loan a Term Loan that bears interest based on LIBOR. License: any license or agreement under which an Obligor is authorized to use Intellectual Property in connection with any manufacture, marketing, distribution or disposition of Collateral, any use of Property or any other conduct of its business.
Examples of LIBOR Term Loan in a sentence
Term Loan shall bear interest from the Conversion Date to the date such Tax- Exempt LIBOR Term Loan is paid in full at a rate per annum equal to the Lender Rate as determined by the Lender pursuant to Section 2.05 hereof.
Default, the Borrower may not elect to have a Loan converted into or continued as, after the existing Interest Period, a LIBOR Term Loan.
From and after the Sixth Amendment Effective Date, the parties hereto agree that any request for a new Eurodollar Term Loan denominated in Dollars, or to continue an existing LIBOR Term Loan denominated in Dollars, shall be deemed to be a request for a new Term Loan bearing interest at Term SOFR.
More Definitions of LIBOR Term Loan
LIBOR Term Loan means a LIBOR Loan outstanding under the Term Loan Facility.
LIBOR Term Loan means any portion of the Term Loans during any period for which such portion is a LIBOR Loan.
LIBOR Term Loan shall have corresponding meanings.
LIBOR Term Loan has the meaning given in Section 2.1.2.2(a) of the Credit Agreement.
LIBOR Term Loan a Term Loan that bears interest based on LIBOR.
LIBOR Term Loan means any Tranche B Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.
LIBOR Term Loan a Tranche A Term Loan or a Tranche B Term Loan that bears interest based on LIBOR. Loan: a Revolver Loan, Tranche A Term Loan or Tranche B Term Loan. Obligations: all (a) principal of and premium, if any, on the Loans, (b) LC Obligations and other obligations of Loan Parties with respect to Letters of Credit (including, to the extent applicable, the Existing Letters of Credit), (c) interest, expenses, fees and other sums payable by Loan Parties under Loan Documents, (d) obligations of Loan Parties under any indemnity for Claims, (e) Extraordinary Expenses, (f) Bank Product Debt, and (g) other Debts, obligations and liabilities of any kind owing by Loan Parties pursuant to the Loan Documents, whether now existing or hereafter arising, whether evidenced by a note or other writing, whether allowed in any Insolvency Proceeding, whether arising from an extension of credit, issuance of a letter of credit, acceptance, loan, guaranty, indemnification or otherwise, and whether direct or indirect, absolute or contingent, due or to become due, primary or secondary, or joint or several; provided, that Obligations of a Loan Party shall not include its Excluded Swap Obligations. Revolver Termination Date: January 12, 2017.