Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. Board of Governors: the Board of Governors of the Federal Reserve System.
Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. Blocked Account: any Deposit Account subject to a Blocked Account Agreement.
Examples of Base Rate Revolver Loan in a sentence
Each U.S. Swingline Loan shall constitute a U.S. Base Rate Revolver Loan for all purposes, except that payments thereon shall be made to Agent for its own account.
More Definitions of Base Rate Revolver Loan
Base Rate Revolver Loan an ACM-TCM Base Rate Revolver Loan or a Colonial Base Rate Revolver Loan.
Base Rate Revolver Loan means a Revolver Loan, or portion thereof, during any period in which it bears interest at a rate based upon the Base Rate.
Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. Beneficial Ownership Certification: a certification regarding beneficial ownership required by the Beneficial Ownership Regulation. Beneficial Ownership Regulation: 31 C.F.R. § 1010.230. Benefit Plan: any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan.” Board of Governors: the Board of Governors of the Federal Reserve System.
Base Rate Revolver Loan a Revolver Loan that bears interest based on the Base Rate. "Beneficial Ownership Certification" - a certification regarding beneficial ownership required by the Beneficial Ownership Regulation. "Beneficial Ownership Regulation" - 31 C.F.R. § 1010.230.
Base Rate Revolver Loan a Revolver Loan that bears interest based on the U.S. Base Rate. U.S. Borrowers: as defined in the preamble to this Agreement. U.S. Borrowing Base: on any date of determination, an amount equal to the lesser of (a) the result of: (i) the Maximum U.S. Facility Amount, minus (ii) the U.S. LC Reserve, minus (iii) the Canadian Overadvance Loan Balance, if any, outstanding on such date, minus (iv) the U.K./Dutch Overadvance Loan Balance, if any, outstanding on such date, minus (v) the German Overadvance Loan Balance, if any, outstanding on such date; or (b) the result of: (i) the U.S. Accounts Formula Amount, plus (ii) the U.S. Inventory Formula Amount, plus (iii) the U.S. Trademark Formula Amount, plus (iv) the U.S. Real Estate Formula Amount, plus (v) 100% of the amount of U.S. Pledged Cash, plus (vi) the lesser of (A) 85% of the Bays NOLV of Eligible Toptracer Bays of the U.S. Borrowers, and (B) the aggregate per bay unit cost of Eligible Toptracer Bays of the U.S. Borrowers as set forth on the U.S. Borrowers’ books and records, plus (vi) the Mexican Inventory Formula Amount, plus (vii) the U.K. Inventory Formula Amount, minus (viii) the U.S. Availability Reserve; provided, that clause (b)(iv) above may be removed from such calculation in accordance with Section 2.1.4(d). Notwithstanding the forgoing, the aggregate amount of the U.K./Dutch Borrowing Base and U.S. Borrowing Base which may be attributed to Eligible Toptracer Bays shall not exceed the lesser of (x) $50,000,000 and (y) an amount equal to 10% of the Maximum Facility Amount.
Base Rate Revolver Loan means an ACM-TCM Base Rate Revolver Loan or a Colonial Base Rate Revolver Loan.