BA Loans definition

BA Loans means Bankers’ Acceptances and BA Equivalent Loans; provided that reference to the amount or principal amount of a BA Loan shall mean the full face amount of the applicable Bankers’ Acceptances or Discount Notes issued in connection therewith.
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BA Loans means Bankers’ Acceptances and BA Equivalent Loans.
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BA Loans means the aggregate of the BA Loans of all the Lenders;
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Examples of BA Loans in a sentence

  • More than one Borrowing may be incurred on any date, provided that at no time shall there be outstanding more than 15 Borrowings of BA Loans under this Agreement.

  • Thereafter BA Loans shall no longer be available until such time as the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice by the Administrative Agent no longer exist (which notice the Administrative Agent agrees to give at such time when such circumstances no longer exist), and any Notice of Borrowing or Notice of Continuation given by the Borrower with respect to BA Loans that have not yet been incurred shall be deemed rescinded by the Borrower.

  • Any maturing BA Loans shall thereafter, and until contrary notice is provided by the Administrative Agent, be continued as a Prime Loan.


More Definitions of BA Loans

BA Loans have the meaning specified in Section 2.2(h).
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BA Loans means Loans the interest rates on which are determined on the bases of rates referred to in the definition of “BA Rate”.
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BA Loans means Loans made by the Banks by way of the discounting of Acceptances in accordance herewith.
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Related to BA Loans

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

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

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

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

  • LIBO Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

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

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Committed Loans means loans made pursuant to Section 2.1(a).

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

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

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

  • 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.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

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

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

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

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

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • 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.

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

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

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).