Reference Rate Loans; Eurodollar Loans Sample Clauses

Reference Rate Loans; Eurodollar Loans. The Reference Rate Loans and Eurodollar Loans of all Banks shall be evidenced by the Company's promissory note (the "Note") in the form of Exhibit A, with appropriate insertions, which Note shall (i) be dated the Effective Date (or such other date satisfactory to the Agent), (ii) be made payable to the order of the Agent for the account of the Banks ratably in accordance with their Percentages, and (iii) mature on the Termination Date. The Note shall be an amendment and restatement of the Existing Note.
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Reference Rate Loans; Eurodollar Loans. The Reference Rate Loans and Eurodollar Loans of all Banks shall be evidenced by the Company's promissory note (the "Revolving Note") in the form of Exhibit A-1, with appropriate insertions, which Note shall (i) be dated the Effective Date (or such other date satisfactory to the Administrative Agent), (ii) be made payable to the order of the Administrative Agent for the account of the Banks ratably in accordance with their Percentages, and (iii) mature on the Termination Date. In the event the aggregate Commitments are increased pursuant to Section 2.1(b), the Company and the Administrative Agent shall amend and restate the Revolving Note to evidence such increased Commitments. The Revolving Note shall be an amendment and restatement of the Existing Revolving Note.
Sample 1

Related to Reference Rate Loans; Eurodollar Loans

  • Eurodollar Loans The Loans comprising each Eurodollar Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin, but in no event to exceed the Highest Lawful Rate.

  • LIBOR Rate Loans During such periods as Revolving Loans shall be comprised of LIBOR Rate Loans, each such LIBOR Rate Loan shall bear interest at a per annum rate equal to the sum of the LIBOR Rate plus the Applicable Percentage. Interest on Revolving Loans shall be payable in arrears on each Interest Payment Date.

  • Eurocurrency Loans The Loans constituting each Eurocurrency Borrowing shall bear interest at a rate per annum equal to the Adjusted LIBO Rate for the related Interest Period for such Borrowing plus the Applicable Margin.

  • Fixed Rate Loans Each Mortgage Loan bears interest at a rate that remains fixed throughout the remaining term of such Mortgage Loan, except in the case of an ARD Loan after its Anticipated Repayment Date and except for the imposition of a default rate.

  • LIBOR Loans Subject to the provisions hereof and provided that the Borrower has, by giving notice to the Administrative Agent in accordance with Section 5.2, requested the Lenders to continue to extend credit by way of a LIBOR Loan to replace all or a portion of an outstanding LIBOR Loan as it matures, each Lender shall, on the maturity of such LIBOR Loan, continue to extend credit to the Borrower by way of a LIBOR Loan (without a further advance of funds to the Borrower) in the principal amount equal to such Lender’s Pro Rata Share of the principal amount of the matured LIBOR Loan or the portion thereof to be replaced.

  • Prime Rate Loans During such periods as the Term Loan shall be comprised of Prime Rate Loans, each such Prime Rate Loan shall bear interest at a per annum rate equal to the Prime Rate; and

  • Base Rate Loans During such periods as Revolving Loans shall be comprised in whole or in part of Base Rate Loans, such Base Rate Loans shall bear interest at a per annum rate equal to the Adjusted Base Rate.

  • Eurodollar Rate Loans Any conversion to or from Eurodollar Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all Eurodollar Rate Loans having the same Interest Period shall not be less than $1,000,000 or a whole multiple of $500,000 in excess thereof.

  • Booking of Eurodollar Rate Loans Any Lender may make, carry or transfer Eurodollar Rate Loans at, to, or for the account of any of its branch offices or the office of an Affiliate of such Lender.

  • Application of Prepayments of Loans to Base Rate Loans and Eurodollar Rate Loans Considering each Class of Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.18(c).

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