BASE RATE NEW YORK LOAN means monies lent by the U.S. Lenders to a U.S. Borrower and upon which interest accrues at a rate referable to the Alternate Base Rate New York.
Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.
Alternate Base Rate Advance means an Advance which bears interest at the Alternate Base Rate.
Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.
ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.
Swingline Rate means the Base Rate plus the Applicable Margin applicable to Base Rate Loans.
Alternate Base Rate Loan means a Loan which bears interest at the Alternate Base Rate or the Default 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 Term Loan means a Term Loan that is a Base Rate Loan.
Revolving Loan Maturity Date means January 1, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by the Borrower and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.
Eurodollar Base Rate has the meaning specified in the definition of Eurodollar Rate.
Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.
U.S. Base Rate means, for any day, the greater of:
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.
Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.
Base Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(i).
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.
Alternative Base Rate means the rate that has replaced LIBOR in customary market usage for determining floating interest rates in respect of bonds denominated in Dollars or, if the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines that there is no such rate, such other rate as the Independent Financial Adviser or the Issuer (in consultation with the Calculation Agent and acting in good faith and a commercially reasonable manner), as applicable, determines in its or the Issuer’s sole discretion is most comparable to LIBOR. If the Alternative Base Rate is determined, such Alternative Base Rate shall be the Alternative Base Rate for the remaining Interest Periods.
Base Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(i) [Revolving Credit Base Rate Option].
LIBOR Base Rate means, for each Interest Period, the London interbank offered rate for six-month deposits in Dollars for value the first day of such Interest Period (or, in the case of the initial Interest Period, for value the Interest Payment Date occurring on or next preceding the first day of such Interest Period), as reasonably determined by the Bank and expressed as a percentage per annum.
Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).
Eurocurrency Base Rate means, with respect to a Eurocurrency Rate Advance for the relevant Interest Period:
Swing Loan Maturity Date means, with respect to any Swing Loan, the earlier of (i) the last day of the period for such Swing Loan as established by the Swing Line Lender and agreed to by the Borrower, which shall be less than 15 days, and (ii) the Revolving Facility Termination Date.
Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.
Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.
Base Rate means, for any day, the rate per annum equal to the higher of (a) the Federal Funds Rate for such day plus one-half of one percent (0.5%) and (b) the Prime Rate for such day. Any change in the Base Rate due to a change in the Prime Rate or the Federal Funds Rate shall be effective on the effective date of such change in the Prime Rate or Federal Funds Rate.
Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).