Bid Loans definition

Bid Loans means, collectively, U.S. Bid Loans and Euro Bid Loans; and “Bid Loan” means any one of the foregoing.
Bid Loans means collectively and Bid Loan shall mean separately all of the Bid Loans or any Bid Loan made by any of the Banks to the Borrower pursuant to Section 2.5.
Bid Loans shall have the meaning given to such term in SECTION 2.1(B).

Examples of Bid Loans in a sentence

  • No Bid Request shall contain a request for (i) more than one Type of Bid Loan or (ii) Bid Loans having more than three different Interest Periods.

  • The Administrative Agent shall promptly notify each Lender having submitted a Competitive Bid whether or not its offer has been accepted and, if its offer has been accepted, of the amount of the Bid Loan or Bid Loans to be made by it on the date of the applicable Bid Borrowing.

  • The Borrower may request offers to make Competitive Bid Loans for more than one Interest Period in a single Competitive Bid Quote Request.

  • Determinations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error.

  • Allocations by the Administrative Agent of the amounts of Competitive Bid Loans shall be conclusive in the absence of manifest error.


More Definitions of Bid Loans

Bid Loans outstanding under the Existing Credit Agreement shall, upon the initial Credit Event, for all purposes be deemed to be Bid Loans outstanding hereunder. Upon such Credit Event, the Company and Banks agree that the Existing Credit Agreement has been terminated so that no additional borrowings, or rollovers of borrowings outstanding thereunder, will be permitted (the Borrowers hereby irrevocably authorizing and directing the Banks to disburse the proceeds of the first Borrowing hereunder to repay all borrowings outstanding thereunder); and
Bid Loans means loans made pursuant to Section 2.03. "Bid Loan Note" means each Bank's Note evidencing the Bid
Bid Loans means the CIH Bid Loans and the TEC Bid Loans and BID LOAN shall mean separately any of them. BORROWERS and BORROWER shall have the meanings assigned in the heading of this Agreement. BORROWING DATE shall mean, with respect to any Loan, the date for the making thereof or the renewal or conversion thereof at or to the same or a different Interest Rate Option, which shall be a Business Day.
Bid Loans means the loans made or to be made to the Company by the Johnstown Industrial Development Corporation under the Business Infrastructure Development Program with grant funds provided by or through Commerce in an aggregate principal amount not to exceed $2,500,000.
Bid Loans means a Loan(s) by a Bank(s) to the Borrower under Section 2.3, which may be an Absolute Rate Loan or a Eurodollar Rate Bid Loan.
Bid Loans has the meaning specified in the Five-Year Revolving Credit Agreement.
Bid Loans means collectively and BID LOAN shall mean separately all of the loans or any loan made by any of the Revolving Credit Banks to the Borrower pursuant to Section 2.