Examples of Daily Floating LIBOR Rate Loan in a sentence
The Swing Line Lender at any time in its sole discretion may request, on behalf of the Borrower (which hereby irrevocably requests and authorizes the Swing Line Lender to so request on its behalf), that each Lender make a Base Rate Loan or a Daily Floating LIBOR Rate Loan, as applicable, in an amount equal to such Lender’s Applicable Percentage of the amount of Swing Line Loans then outstanding.
As to any Base Rate Loan or any Daily Floating LIBOR Rate Loan, Interest Payment Dates shall be the first Business Day of each January, April, July and October and the Termination Date of the Facility under which such Loan was made.
Each Swing Line Loan shall be a Base Rate Loan or a Daily Floating LIBOR Rate Loan.
Each Base Rate Loan and Daily Floating LIBOR Rate Loan shall bear interest for each day that it is outstanding at the rate per annum set forth above.
Each Swingline Loan denominated in Dollars shall be made as a Daily Floating LIBOR Rate Loan andeach Swingline Loan denominated in Euros and Sterling shall be made as a Euro Swingline Rate Loan and, in each case, subject to S ection 2 .6(a)(iii), shall have such maturity date as agreed to by the Swingline Lender and the Parent Borrower.
Any prepayment of a Eurodollar Rate Loan or Daily Floating LIBOR Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to S ection 3.05.
For this purpose, its armed forces must be located at the L4 and L5 points of lunar libration, 60 degrees ahead and behind the Moon in the Earth's orbit.No less modern is the Special Operations School.
Any prepayment of a Eurodollar Rate Loan or Daily Floating LIBOR Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.