Floating Rate Loan means a Loan which bears interest at the Floating Rate.
Floating Rate Loan means a Loan which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.
Floating Rate Loan means a Loan or portion thereof, which, except as otherwise provided in Section 2.12, bears interest at the Floating Rate.
Examples of Floating Rate Loan in a sentence
Subject to Section 2.6(d), Borrower shall have the right, at any time and from time to time upon at least three (3) Business Days’ (in the case of any Term SOFR Loan) or same day (in the case of any Floating Rate Loan) written notice to Administrative Agent, to prepay the principal of the Loans in full or in part, in each case in a minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof.
More Definitions of Floating Rate Loan
Floating Rate Loan means a Loan, or portion thereof, which bears interest at the Floating Rate.
Floating Rate Loan means a Transferred Loan that bears interest at a floating rate.
Floating Rate Loan means a Loan that bears interest at a Floating Rate, as specified in the applicable Final Confirmation.
Floating Rate Loan means any Loan which bears interest at the Floating Rate.
Floating Rate Loan means any Collateral Loan that bears a floating rate of interest.
Floating Rate Loan means all or any portion of the Loan bearing interest at the Floating Rate.
Floating Rate Loan. A Loan that is an Eligible Loan where the interest rate payable by the Obligor thereof is based on the Company Prime Rate or the Company LIBOR Rate, plus some specified interest percentage in addition thereto, and the Loan provides that such interest rate will reset immediately upon any change in the related Company Prime Rate or Company LIBOR Rate.