Domestic Loan definition

Domestic Loan means an extension of credit by a Domestic Lender to the Domestic Borrowers (to the extent based on Domestic Availability) under Section 2.

Domestic Loan means (i) a Committed Loan which bears interest at the Base Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or the provisions of Article 8 or (ii) an overdue amount which was a Domestic Loan immediately before it became overdue.

Domestic Loan means a Loan denominated in Dollars.

Examples of Domestic Loan in a sentence

• In addition, Borrower shall comply with the reporting requirements set forth in the Domestic Loan Documents.

• Borrower will comply with all the provisions of the Domestic Loan Documents.

• Any overdue principal of or interest on any Domestic Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the sum of 2% plus the rate otherwise applicable to Domestic Loans for such day.

• If no election as to the Type of a Domestic Loan is specified in any such notice, then the requested borrowing shall be an ABR Loan.

• Such interest shall be payable quarterly in arrears on the last day of each calendar quarter and, with respect to the principal amount of any Domestic Loan converted to a Euro-Dollar Loan, on each date a Domestic Loan is so converted.

More Definitions of Domestic Loan

Domestic Loan means any Loan made pursuant to Section 2.1 denominated in United States dollars which the Company (on behalf of itself or an Affiliate) specifies pursuant to Section 2.6 or Section 2.12 as a Base Rate Loan.

Domestic Loan means any Loan made to the Company pursuant to Section 2.01(a) denominated in Dollars which may be a Eurodollar Rate Loan or a Base Rate Loan.

Domestic Loan has the meaning set forth in the Recitals of this Agreement.

Domestic Loan means a Loan that is denominated and payable only in ------------- Dollars, the Person in respect of which is a resident of the United States, Canada or Bermuda or a Person (other than a Governmental Authority) organized or qualified under the laws of any State.

Domestic Loan means a CD Loan or a Base Rate Loan, and ------------- "Domestic Loans" means CD Loans or Base Rate Loans or both. --------------

Domestic Loan means all or any portion of any Loan made hereunder which bears interest based on the Base Rate.

Domestic Loan is defined in Section 2.01(a).