Examples of Base Rate Revolving Loan in a sentence

Each Lender shall transfer its Pro Rata Share of the requested Borrowing to the Agent in immediately available funds (in CDN Dollars if the requested Borrowing is a Prime Rate Revolving Loan or a BA EquivalentCORRA Revolving Loan and in U.S. Dollars if the requested Borrowing is a Base Rate Revolving Loan or a SOFR Revolving Loan), to the account in Canada from time to time designated by the Agent, not later than 1:00 p.m. (Toronto time) on the applicable Funding Date.
Each drawing under any Letter of Credit denominated in U.S. Dollars shall constitute a request by the Borrowers to the Agent for a Borrowing of a Base Rate Revolving Loan in the amount of such drawing.

More Definitions of Base Rate Revolving Loan

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

Base Rate Revolving Loan means any portion of the Revolving Loans during any period in which such portion bears interest based on the Base Rate.

Base Rate Revolving Loan means a Revolving Loan that bears interest as provided in Section 2.07(a)(i).

Base Rate Revolving Loan means a Revolving Loan for which the rate of interest is determined by reference to the Base Rate.

Base Rate Revolving Loan means a Revolving Loan that bears interest at a Base Rate.

Base Rate Revolving Loan means the portion of the Revolving Loans as to which EnergySolutions has elected the Base Rate Basis for the interest rate thereon, in accordance with the provisions of Section 2.2 hereof, and which, except in the case of a Base Rate Revolving Loan the proceeds of which shall be used solely to repay or prepay in full outstanding Letter of Credit Loans, shall be in a principal amount of at least $500,000 and in an integral multiple of $100,000.

Base Rate Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Base Rate.