Australian Base Rate Loan definition

Australian Base Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to the Australian Base Rate. Australian Base Rate Loans may be denominated in Australian Dollars only.
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Australian Base Rate Loan. An Australian Loan that bears interest at the Australian Base Rate. “Australian Borrower”. See preamble.
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Australian Base Rate Loan means a Loan that bears interest at the Australian Base Rate.
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Examples of Australian Base Rate Loan in a sentence

  • Base Rate Loan: an Australian Base Rate Loan, Belgian Base Rate Loan, Canadian Base Rate Loan, Dutch Base Rate Loan, New Zealand Base Rate Loan, Norwegian Base Rate Loan, Singapore Base Rate Loan, UK Base Rate Loan and/or U.S. Base Rate Loan, as the context requires.


More Definitions of Australian Base Rate Loan

Australian Base Rate Loan means each Revolving Loan which is designated or deemed designated as an Australian Base Rate Loan by the Parent at the time of the incurrence thereof or conversion thereto.
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Australian Base Rate Loan an Australian Revolver Loan, or portion thereof, funded in Australian Dollars, Dollars, Euros or Sterling and bearing interest calculated by reference to the Eurasian Base Rate.
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Australian Base Rate Loan means, each portion of the Australian Revolver Loans or the Australian Floorplan Loans that bears interest at a rate determined by reference to the Australian Base Rate. “Australian Bill Rate” means, for any Interest Period for an Australian Bill Rate Loan, a per annum rate equal to the Bank Xxxx Xxxx Reference Bid Rate (“BBSY”), as published on the applicable Reuters screen page (or other commercially available source designated by Agent from time to time) on the applicable date of determination, with a term equivalent to such Interest Period; provided, that in no event shall the Australian Bill Rate be less than zero. “Australian Bill Rate Loan” means each portion of an Australian Revolver Loan or the Australian Floorplan Loans that bears interest at a rate determined by reference to the Australian Bill Rate. “Australian Borrowing Base Commencement Date” means the initial date after the Closing Date on which a satisfactory field examination and a satisfactory Inventory and Equipment appraisal with respect to Australian Borrowers has been completed by a field examiner and appraiser reasonably acceptable to the Agent.
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Related to Australian Base Rate Loan

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.

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

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

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

  • Canadian Prime Rate Loan means a Tranche B Loan denominated in Canadian Dollars that bears interest based on the Canadian Prime Rate.

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

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

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

  • Alternative Currency Daily Rate Loan means a Committed 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.

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

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Canadian Prime Rate Loans means any Canadian Dollar Revolving Loan during the period which it bears interest at a rate determined by reference to the Canadian Prime Rate.

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

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

  • 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).

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

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

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

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

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

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

  • Euro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

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

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