Eurodollar Margin Bid Loan definition

Eurodollar Margin Bid Loan means a Bid Loan that bears interest at a rate based upon the Eurodollar Rate.
Eurodollar Margin Bid Loan means a Competitive Loan that bears interest at a rate based upon the Eurodollar Rate.
Eurodollar Margin Bid Loan means a Bid Loan that bears interest at a rate based upon the Eurodollar Rate. All Eurodollar Margin Bid Loans shall be denominated in Dollars.

More Definitions of Eurodollar Margin Bid Loan

Eurodollar Margin Bid Loan means a Competitive Loan that bears interest at a rate based upon the Eurodollar Rate. “Eurodollar Rate” means:
Eurodollar Margin Bid Loan means a Bid Loan that bears interest at a rate based upon the Eurodollar Base Rate. “Eurodollar Rate” means (a) for any interest rate calculation with respect to a Eurodollar Rate Loan, the rate of interest per annum determined on the basis of the rate for deposits in Dollars for a period equal to the applicable Interest Period which appears on Reuters Screen LIBOR01 Page (or any applicable successor page) at approximately 11:00 a.m. (London time) two (2) London Banking Days prior to the first day of the applicable Interest Period; provided, that if such rate is less than zero percent (0%), then such rate shall be deemed to be zero percent (0%) for purposes of determining the Eurodollar Rate. If, for any reason, such rate does not appear on Reuters Screen LIBOR01 Page (or any applicable successor page), then the “Eurodollar Rate” shall be determined by the Administrative Agent to be the arithmetic average of the rate per annum at which deposits in Dollars would be offered by first class banks in the London interbank market to the Person serving as the Administrative Agent at approximately 11:00 a.m. (London time) two (2) London Banking Days prior to the first day of the applicable
Eurodollar Margin Bid Loan means a Bid Loan that bears interest at a rate based upon the Eurodollar Rate. “Eurodollar Rate” means: (a) for any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal to the London Interbank Offered Rate as administered by ICE Benchmark Administration (or any other Person that takes over the administration of such rate for Dollars for a period equal in length to such Interest Period) (“LIBOR”), as published by Bloomberg (or such other commercially available source providing such quotations as may be designated by the Agent from time to time) (in such case, the “LIBOR Rate”) at or about 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period; and (b) for any interest calculation with respect to a Base Rate Loan on any date, the rate per annum equal to the LIBOR Rate, at or about 11:00 a.m., London time, two Business Days prior to such date for Dollar deposits with a term of one month commencing that day; provided, that if the Eurodollar Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement. “Eurodollar Rate Committed Loan” means a Committed Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.” “Eurodollar Rate Loan” means a Eurodollar Rate Committed Loan or a Eurodollar Margin Bid Loan.

Related to Eurodollar Margin Bid Loan

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.”

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • LIBOR has the meaning specified in the definition of Eurodollar Rate.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).