Eurodollar Loans definition

Eurodollar Loans. Loans the rate of interest applicable to which is based upon the Eurodollar Rate.
Eurodollar Loans means Loans that bear interest at rates based on rates referred to in the definition of "Eurodollar Base Rate" in this Section 1.01.
Eurodollar Loans. Revolving Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

Examples of Eurodollar Loans in a sentence

  • If any payment hereunder (other than payments on the Eurodollar Loans) becomes due and payable on a day other than a Business Day, such payment shall be extended to the next succeeding Business Day.

  • Any such notice of conversion to Eurodollar Loans shall specify the length of the initial Interest Period or Interest Periods therefor.

  • Until such notice has been withdrawn by the Administrative Agent, no further Eurodollar Loans under the relevant Facility shall be made or continued as such, nor shall the Borrower have the right to convert Loans under the relevant Facility to Eurodollar Loans.

  • As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans.

  • Subject to Section 3.03, each Borrowing shall be comprised entirely of ABR Loans or Eurodollar Loans as the Borrower may request in accordance herewith.


More Definitions of Eurodollar Loans

Eurodollar Loans means Loans the rate of interest applicable to which is based upon the Eurodollar Rate.
Eurodollar Loans means each Loan bearing interest at the rates provided in Section 1.08(b).
Eurodollar Loans. Loans the rate of interest applicable to which is based upon the Adjusted LIBOR Rate.
Eurodollar Loans. Loans at such time as they are made and/or being maintained at a rate of interest based upon a Eurodollar Rate.
Eurodollar Loans means a Loan that bears interest at the Eurodollar Rate (including a Eurodollar Competitive Bid Loan).
Eurodollar Loans means each Dollar Denominated Loan (excluding Swingline Loans) designated as such by the respective Borrower or Borrowers at the time of the incurrence thereof or conversion thereto.
Eurodollar Loans means Loans bearing interest based upon the Eurodollar Rate.