Each Libor Loan definition

Each Libor Loan. The last day of the Interest Period relating thereto; the Termination Date; and the End Date.
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Each Libor Loan. The last day of each month; the last day of the Interest Period relating thereto; the Termination Date, and the End Date. Each Base Margin Loan: the first day of each month; the Termination Date; and the End Date.
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Examples of Each Libor Loan in a sentence

  • Each Libor Loan shall bear interest from and including the first day of the Libor Interest Period applicable thereto to (but not including) the last day of such Libor Interest Period at the interest rate determined as applicable to such Libor Loan.

  • Each Libor Loan bears interest at the Libor applicable to each such loan, plus the Applicable Margin.

  • Advances permitted pursuant to the terms of the Note or this Addendum which bear interest in relation to the Libor Rate shall be referred to herein as "Libor Loans" and each such advance shall be a "Libor Loan." Each Libor Loan shall bear interest at the Libor Rate, as defined below.

  • Each Libor Loan shall have a Contract Period of one, two, three or six months (each month being a period of 30 days for purposes of this Section), subject to availability.

  • Each Libor Loan shall have a Contract Period of one month (each month being a period of 30 days for purposes of this Section) or such longer period of time in whole months as the Borrower may request and the Bank in its sole discretion may agree, subject to availability.

  • Each Libor Loan shall bear interest from and including the first day of the Libor Interest Period applicable thereto to (but not including) the last day of such Libor Interest Period at the interest rate applicable to such Libor Loan.

  • Each Libor Loan shall bear interest on the outstanding principal amount thereof, for the Interest Period applicable thereto, at a rate per annum equal to the sum of the Applicable Margin plus the applicable Adjusted Libor Rate.

  • Each Libor Loan bears interest at the Libor applicable to each such loan, plus 1.75%.

  • Each Libor Loan under this Section shall be in an aggregate principal amount of $1,000,000 or any larger multiple of $250,000 and shall be made from the several Lenders ratably in proportion to their respective Revolving Credit Commitments.

  • Each Libor Loan shall bear interest on the outstanding principal amount thereof, for each Libor Period applicable thereto, at a rate as set forth in Section 1.3. Such interest shall be payable for such Libor Period on the last day thereof and when such Libor Loan is due (whether at maturity, by reason of acceleration or otherwise) and, if such Libor Period is longer than three months, at intervals of three months after the first day thereof.

Related to Each Libor Loan

  • LIBOR Loan means a Loan which bears interest at a LIBOR Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • LIBOR Rate Loan means a Committed Loan that bears interest at a rate based on the Adjusted LIBOR Rate.

  • Eurocurrency Rate Advance means a Revolving Credit Advance denominated in Dollars or a Committed Currency that bears interest as provided in Section 2.07(a)(ii).

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.