Eurodollar Standby Loan definition

Eurodollar Standby Loan means any Standby Loan bearing interest at a rate determined by reference to the LIBO Rate in accordance with the provisions of Article II.
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Eurodollar Standby Loan means any Standby Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.
Sample 1Sample 2Sample 3
Eurodollar Standby Loan any Standby Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.
Sample 1

Examples of Eurodollar Standby Loan in a sentence

  • The interest rate for a Eurodollar Standby Loan of a given maturity will be equal to the London Interbank Offered Rate (“LIBOR”)2 for the same maturity plus the “Applicable Margin”.2Category 1 0.375AA/Aa2 or aboveCategory 2 0.4375AA/Aa3 or A+/A 1 or A/A 2Category 3 ...............................................

  • The aggregate amount of a Lender’s Standby Loans cannot exceed its Commitment.Each Standby Loan is either, at a Declarant’s request: (i) A Eurodollar Standby Loan; or, (ii) an alternate base rate loan (“ABR Loan”).

  • A Eurodollar Standby Loan is any Standby Loan of one, two, three or six-month duration bearing interest at a one, two, three or six-month rate, respectively.

  • Each Bank may at its option make any Eurodollar Standby Loan by causing any domestic or foreign branch or Affiliate of such Bank to make such Loan; provided that any exercise of such option shall not affect the obligation of the Company to repay such Loan in accordance with the terms of this Agreement and the applicable Note.

Related to Eurodollar Standby Loan

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • 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.

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

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

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

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

  • Dollar Loan means a Loan denominated in Dollars.

  • Canadian Prime Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the Canadian Prime Rate.

  • Eurodollar when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Reference Rate Loan means any Committed Loan that bears interest at a rate determined with reference to the Reference Rate.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Eurodollar Lending Office means, with respect to any Lender, the office of such Lender specified as its “Eurodollar Lending Office” opposite its name on Schedule I hereto or in the Assignment and Acceptance pursuant to which it became a Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such Lender as such Lender may from time to time specify to the Borrower and the Administrative Agent.

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