Base Rate Tranche definition

Base Rate Tranche has the meaning specified in Section 2.03(b).

Base Rate Tranche means a Borrowing Tranche as to which the Base Rate is applicable.

Base Rate Tranche means a Tranche for which interest is calculated by reference to the Alternate Base Rate.

Examples of Base Rate Tranche in a sentence

• Accrued interest on each Base Rate Tranche shall be payable in arrears on the last day of each calendar month and at maturity.

• Each such Loan Notice must be received by the Administrative Agent not later than 8:00 a.m. with respect to the Borrowing of (i) Tranche A Loans and Eurocurrency Rate Tranche B Loans on the Closing Date, three Business Days prior to the Closing Date and (ii) of Base Rate Tranche B Loans, on the Closing Date.

• Base Rate Tranche means any Tranche which bears interest at or by reference ----------------- to the Base Rate.

• Each Base Rate Tranche maintained by a Lender which, but for the circumstances described in the foregoing sentence, would be a Eurodollar Tranche (an "Affected Tranche") shall remain outstanding for the same period as the ---------------- Group of Eurodollar Tranches of which such Affected Tranche would be a part absent such circumstances.

• Any automatic conversion to Base Rate Tranche B Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurocurrency Rate Tranche B Loans.

More Definitions of Base Rate Tranche

Base Rate Tranche means a Tranche for which Interest is computed by reference to the Base Rate.

Base Rate Tranche means any Tranche which bears interest at or by reference ----------------- to the Base Rate. BofA - see the Preamble. ---- -------- Business Day means any day on which BofA is open for commercial banking ------------ business in Charlotte, Chicago, New York and San Francisco and, in the case of a Business Day which relates to a Eurodollar Tranche, on which dealings are carried on in the applicable offshore U.S. Dollar interbank market.

Base Rate Tranche means any part of the principal amount of the Loans that constitutes Base Rate Advances.

Base Rate Tranche is defined in the definition of “Tranche”.

Base Rate Tranche means all or a portion of an Advance which bears interest at a rate per annum determined on the basis of the Alternate Base Rate.

Base Rate Tranche means, with respect to any Transferee, a Tranche funded ----------------- or maintained by such Transferee as to which Yield is calculated at the Base Rate.

Base Rate Tranche means that portion of the Series 2011-1 Class A-1 Outstanding Principal Amount funded or maintained with Base Rate Advances.