Alternative Rate Loan definition

Alternative Rate Loan means any Loan that is not funded with Commercial Paper Notes, including, without limitation, any Loan from and after the time, if any, when the Lender transfers such Loan, or borrows to finance such Loan, under its Liquidity Agreement.
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Alternative Rate Loan means the Loan or any portion thereof at any time during which the Interest Rate for the Loan or such portion thereof, as the case may be, is calculated with reference to the Alternative Rate in accordance with the provisions of Article II.
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Alternative Rate Loan means any Loan that is not funded with Commercial Paper Notes, including, without limitation, any Loan from and after the time, if any, when the applicable Conduit Lender transfers such Loan, or borrows to finance such Loan, under its Liquidity Agreement.
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Examples of Alternative Rate Loan in a sentence

  • Each Co-Agent shall from time to time advise Borrower and Collection Agent whether a Loan is a CP Loan or an Alternative Rate Loan, and of the interest rate applicable to each Interest Period thereof.


More Definitions of Alternative Rate Loan

Alternative Rate Loan means any Alternative Rate Term Loan or Alternative Rate Revolving Loan.
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Alternative Rate Loan means a Loan that bears interest based upon the Alternative Rate.
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Alternative Rate Loan. Any Loan that is not funded with Commercial Paper Notes, including, without limitation, any Loan from and after the time, if any, when the Conduit Lender transfers such Loan, or borrows to finance such Loan, under the Liquidity Agreement.
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Alternative Rate Loan has the meaning specified in Clause 2.12(a) (Illegality) of the Receivables Loan Agreement.
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Alternative Rate Loan means each portion of a Loan bearing interest at the Alternative Rate. “Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction applicable to any Loan Party from time to time concerning or relating to bribery or corruption, including without limitation the United States Foreign Corrupt Practices Act of 1977, as amended and other similar legislation in any other jurisdictions. “Anti-Money Laundering Laws” means applicable laws or regulations in any jurisdiction in which the Borrower or any Loan Party is located or doing business that relates to money laundering, any predicate crime to money laundering, or any financial record keeping and reporting requirements related thereto. “Applicable Advance Rate” means, for each Borrowing Base Eligible Asset, the percentage as set forth below: Senior Commercial Real Estate Loan: 75% Senior Commercial Real Estate Construction Loan: 65% Subordinated Commercial Real Estate Loan: 50% Preferred Equity Investment: 45% Borrowing Base Debt Subsidiary: 50% Triple Net Leased Properties: 40% The Applicable Advance Rate for a Borrowing Base Eligible Asset comprised of equity interests in a Borrowing Base Subsidiary (other than a Borrowing Base Debt Subsidiary) shall be determined and applied with respect to each Mortgage Asset held by such Borrowing Base Subsidiary based on the Applicable Advance Rates applicable to such type of Mortgage Asset as set forth above. “Applicable Margin” means (a) for the period of time following the First Amendment Effective Date, the per annum rate as set forth below: Prior to 39th month anniversary of the First Amendment Effective Date: 5.000%
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Alternative Rate Loan means a Loan bearing interest at a rate per annum equal to the sum of the Alternative Rate and the Euro-Dollar Margin.
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Related to Alternative Rate Loan

  • Reference Rate Loan means any Committed Loan that bears interest at a rate determined with reference to the Reference Rate.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • LIBO Rate Loan means a Loan bearing interest, at all times during an -------------- Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Prime Rate Loan means any Loan bearing interest at a rate determined by reference to the Prime Rate.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).

  • Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

  • Alternate Base Rate Loan means a Loan which bears interest at the Alternate Base Rate.

  • Alternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency.

  • Dollar Loan means a Loan denominated in Dollars.

  • Eurocurrency Rate Loan means a Loan that bears interest at a rate based on the Eurocurrency Rate. Eurocurrency Rate Loans may be denominated in Dollars or in an Alternative Currency. All Loans denominated in an Alternative Currency must be Eurocurrency Rate Loans.

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

  • Alternative Currency Loan means an Alternative Currency Daily Rate Loan or an Alternative Currency Term Rate Loan, as applicable.

  • Eurodollar Rate Loan means a Loan that bears interest at a rate based on the Eurodollar Rate.

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate.