Eurodollar Rate Fixed Asset Loans definition

Eurodollar Rate Fixed Asset Loans means Eurodollar Rate Loans outstanding from time to time based on Fixed Asset Availability.

Examples of Eurodollar Rate Fixed Asset Loans in a sentence

  • Loans requested shall be deemed to be Eurodollar Rate Fixed Asset Loans or Prime Rate Fixed Asset Loans, as the case may be up to the amount of Fixed Asset Availability, then in effect.

Related to Eurodollar Rate Fixed Asset Loans

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • Adjusted Eurodollar Rate means, for any Eurodollar Loan for any Interest Period therefor, the rate per annum (rounded upwards, if necessary, to the nearest 1/100 of 1%) determined by Administrative Agent to be equal to the quotient obtained by dividing (a) the Eurodollar Rate for such Eurodollar Loan for such Interest Period by (b) 1 minus the Reserve Requirement for such Eurodollar Loan for such Interest Period.

  • Eurodollar Rate with respect to each day during each Interest Period pertaining to a Eurodollar Loan, a rate per annum determined for such day in accordance with the following formula (rounded upward to the nearest 1/100th of 1%): Eurodollar Base Rate