Eurodollar Rate Revolving Loan definition

Eurodollar Rate Revolving Loan means a Revolving Loan that bears interest as provided in Section 2.11(b).
Eurodollar Rate Revolving Loan means a Revolving Loan that is a Eurodollar Rate Loan.
Eurodollar Rate Revolving Loan means a Revolving Loan or any portion thereof during any period in which it bears interest at the Eurodollar Rate.

Examples of Eurodollar Rate Revolving Loan in a sentence

  • If such notice is given, each Eurodollar Rate Revolving Loan of such Lender then outstanding shall be converted to a Base Rate Revolving Loan either (i) on the last day of the then current Interest Period applicable to such Eurodollar Rate Revolving Loan if such Lender may lawfully continue to maintain and fund such Revolving Loan to such day or (ii) immediately if such Lender shall determine that it may not lawfully continue to maintain and fund such Revolving Loan to such day.


More Definitions of Eurodollar Rate Revolving Loan

Eurodollar Rate Revolving Loan means a Revolving Loan that bears interest at a rate based on the Eurodollar Rate. Eurodollar Rate Revolving Loans may be denominated in Dollars or in an Alternative Currency. All Revolving Loans denominated in an Alternative Currency must be Eurodollar Rate Revolving Loans.
Eurodollar Rate Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Eurodollar Rate in accordance with the provisions of Article II.
Eurodollar Rate Revolving Loan means a Revolving Loan bearing interest at a rate determined by reference to the Eurodollar Rate as provided in subsection 2.2A. “Eurodollar Reserve Percentage” means, for any day, the percentage which is in effect for such day as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any basic, supplemental or emergency reserves) in respect of eurocurrency liabilities or any similar category of liabilities for a member bank of the Federal Reserve System in New York City. “Event of Default” means each of the events set forth in Section 8. “Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, and any successor statute. “Excluded Taxes” means, means any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or deducted from a payment to a Recipient: (a)
Eurodollar Rate Revolving Loan means a Revolving Loan that bears interest at a rate based onclause (a) of the definition of “Eurodollar Rate”. Eurodollar Rate Revolving Loans may be denominated in Dollars or in an Alternative Currency. All Revolving Loans denominated in an Alternative Currency must be Eurodollar Rate Revolving Loans. -15-
Eurodollar Rate Revolving Loan means a Revolving Loan that is a Eurodollar Rate Loan. “Eurodollar Reserve Percentage” means, for any day during any Interest Period, the

Related to Eurodollar Rate Revolving Loan

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

  • 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.

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

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Eurodollar Rate Loan means a Loan that bears interest at a rate based on the Eurodollar Rate.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • LIBO Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Eurodollar Rate Reserve Percentage for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Advances is determined) having a term equal to such Interest Period.