Class A Base Rate Tranche definition

Class A Base Rate Tranche means that portion of the Class A Principal Amount purchased or maintained with Class A Advances that bear interest by reference to the Base Rate.
Sample 1Sample 2Sample 3
Class A Base Rate Tranche means that portion of the Class A Principal Amount purchased or maintained with Class A Advances which bear interest by reference to the Class A Base Rate.
Sample 1Sample 2Sample 3

Related to Class A Base Rate Tranche

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.