Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.

Alternate Base Rate Loans. Loans at such time as they are made and/or being maintained at a rate of interest based upon the Alternate Base Rate.

Alternate Base Rate Loans. Loans the rate of interest applicable to which is based upon the Alternate Base Rate.

Examples of Alternate Base Rate Loans in a sentence

LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.
Within the parameters of the applications set forth above, prepayments shall be applied first to Alternate Base Rate Loans and then to LIBOR Rate Loans in direct order of Interest Period maturities.
If the Borrower shall fail to give timely notice of an election to continue a LIBOR Rate Loan, or the continuation of LIBOR Rate Loans is not permitted hereunder, such LIBOR Rate Loans shall be automatically converted to Alternate Base Rate Loans at the end of the applicable Interest Period with respect thereto.
LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.
LIBOR Rate Loans may only be converted to Alternate Base Rate Loans on the last day of the applicable Interest Period.

More Definitions of Alternate Base Rate Loans

Alternate Base Rate Loans. Revolving Credit Loans the rate of interest applicable to which is based upon the Alternate Base Rate.

Alternate Base Rate Loans. Revolving Loans hereunder at all times when they bear interest at a rate based upon the Alternate Base Rate.

Alternate Base Rate Loans means Loans bearing interest at rates determined by reference to the Alternate Base Rate as provided in subsection 2.2A.

Alternate Base Rate Loans means those Loans which may be made under this Agreement and which are described in Section 2.02(c)(i) on which the Company shall pay interest at a rate based on the Alternate Base Rate.

Alternate Base Rate Loans or “ABR Loans” means any Loans which accrue interest by reference to the Alternate Base Rate, in accordance with the terms of this Agreement.

Alternate Base Rate Loans means any portion of the Term Loan at such time as it is being maintained at a rate of interest based upon the Alternate Base Rate.

Alternate Base Rate Loans. RFC Loans held by the Banks hereunder at such time as they are made and/or being maintained at a rate of interest based upon the Alternate Base Rate.