Floating Rate Loans definition

Floating Rate Loans means all Loans denominated in Dollars which bear interest at a rate determined by reference to the Floating Rate as provided in Section 4.01(a).
Floating Rate Loans means those portions of principal of the Note accruing interest at the Floating Rate.
Floating Rate Loans means Loans with a floating interest rate based on the prime interest rate plus a spread.

Examples of Floating Rate Loans in a sentence

  • Floating Rate Loans shall continue as Floating Rate Loans unless and until such Floating Rate Loans are converted into Eurodollar Rate Loans.

  • Partial prepayment of Floating Rate Loans shall be in a minimum aggregate amount of $1,000,000 or any integral multiple of $1,000,000 in excess thereof.

  • Floating Rate Loans shall continue as Floating Rate Loans unless and until such Floating Rate Loans are converted into Eurocurrency Rate Loans.

  • Changes in the rate of interest on that portion of the Loans maintained as Floating Rate Loans will take effect simultaneously with each change in the Alternate Base Rate.

  • Revolving Loans made pursuant to this Section 2.5.4 shall initially be Floating Rate Loans and thereafter may be continued as Floating Rate Loans or converted into Eurodollar Loans in the manner provided in Section 2.10 and subject to the other conditions and limitations set forth in this Article II.


More Definitions of Floating Rate Loans

Floating Rate Loans means Loans described in Section 2.3A(i).
Floating Rate Loans means Domestic Floating Rate Loans and/or Canadian Floating Rate Loans.
Floating Rate Loans shall have the meaning provided to it in Section 2.1(a).
Floating Rate Loans means Singapore Floating Rate Loans and Domestic Floating Rate Loans.
Floating Rate Loans means any Loan which bears interest at a fluctuating interest rate determined by reference to the Alternate Base Rate or, for Alternate Currency Loans, by reference to the applicable floating rate of interest agreed to between the Alternate Currency Lender and the applicable Subsidiary Borrower.
Floating Rate Loans means Prime Rate Loans and Federal Funds Rate Loans.