Base Rate Amendment definition

Base Rate Amendment. The meaning specified in Section 8.1(d).
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Base Rate Amendment. The meaning specified in Section 8.1(a)(xxiv). For the avoidance of doubt, the Supplemental Indenture dated as of the Base Rate Amendment Date is a Base Rate Amendment.
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Base Rate Amendment. The meaning specified in Section 8.4(c).
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Examples of Base Rate Amendment in a sentence

  • The Base Rate may be changed from LIBOR to an Alternate Base Rate pursuant to a Base Rate Amendment.

  • The Base Rate is initially LIBOR, but may be changed pursuant to a Base Rate Amendment, as further set forth in the Indenture.

  • Any Base Rate Amendment will specify qualifications for the Calculation Agent and procedures for the calculation and reporting of the Alternate Base Rate.

  • If the Base Rate Amendment is executed, the Alternate Base Rate will replace LIBOR as the Base Rate commencing on the first Interest Accrual Period to begin after the execution and the effectiveness of the Base Rate Amendment.

  • Notwithstanding the foregoing, if a Base Rate Amendment has been adopted, references to “the LIBOR Rate” or “a LIBOR Rate floor” when used with respect to a Floating Rate Obligation will be replaced, respectively, with the words “the Alternate Base Rate” or “an Alternate Base Rate floor”, in each case in respect of the related Floating Rate Obligation.

  • Section 8.2(a)(viii) is hereby amended by inserting the text "(other than in connection with a Base Rate Amendment)" immediately following the text "the amount of any payment of interest".

  • LIBOR or (B) if a Base Rate Amendment is entered into, for each Interest Accrual Period commencing after the execution and effectiveness of such Base Rate Amendment, the Alternative Base Rate.

  • Number of public libraries in the 50 states and the District of Columbia with branches and bookmobiles, and number of service outlets, by type of outlet and population of legal service area: Fiscal year 2017 Table 4.

  • The Co-Issuers and the Trustee shall be required to execute a Supplemental Indenture to effect a Base Rate Amendment described in clause (a)(24) upon certification from the Collateral Manager that the conditions specified in clause (a)(24) to such Base Rate Amendment have been satisfied.

  • The base rate used to calculate interest on the Rated Notes may be changed from LIBOR to an Alternative Base Rate pursuant to a Base Rate Amendment.


More Definitions of Base Rate Amendment

Base Rate Amendment has the meaning specified in Section 13(a) hereof.
Sample 1
Base Rate Amendment. The meaning specified in Section 8.1(xxv).
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Related to Base Rate Amendment

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • ESG Amendment has the meaning specified in Section 2.18.

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Base Rate Term Loan means any portion of the Term Loan during any period in which it bears interest based on the Base Rate.

  • Third Amendment Date means June 23, 2020.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit F (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.14.

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Refinancing Amendment means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Other Loans or Other Commitments being incurred or provided pursuant thereto, in accordance with Section 2.15.

  • Incremental Term Loan Note means a promissory note made by the Company in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form of Exhibit B-4.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • L/C Amendment Application means an application form for amendment of an outstanding standby or commercial documentary letter of credit as shall at any time be in use at the Issuing Lender, as the Issuing Lender shall request.

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • First Amendment Date means February 21, 2019.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(c) and as otherwise permitted by Section 1.14.

  • Second Amendment Date means the date of the Second Amendment.

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).